Condensed Consolidated Statements of Shareholders' and Member's Equity (Unaudited) - USD ($) $ in Thousands |
Total |
Common Stock
Class A
|
Common Stock
Class B
|
Retained Earnings [Member] |
Non-controlling Interest |
| Beginning Balance at Dec. 31, 2024 |
$ 637,071
|
$ 208,427
|
|
$ 3,349
|
$ 425,295
|
| Beginning Balance, Shares at Dec. 31, 2024 |
|
23,255,419
|
53,227,852
|
|
|
| Net income |
15,459
|
|
|
6,464
|
8,995
|
| Deemed non-cash contributions |
8,945
|
|
|
|
8,945
|
| RSU share-based compensation expense |
2,195
|
$ 668
|
|
|
1,527
|
| Cancellation of Class B shares |
|
|
(34,674)
|
|
|
| Tax distributions |
(5,821)
|
|
|
|
(5,821)
|
| Dividends and distributions |
(7,662)
|
|
|
(2,326)
|
(5,336)
|
| RSU dividend equivalent rights |
(75)
|
|
|
(23)
|
(52)
|
| Change in Ownership Interest Adjustment |
|
860
|
|
|
(860)
|
| Offering costs |
(450)
|
(450)
|
|
|
|
| Ending Balance at Mar. 31, 2025 |
649,662
|
$ 209,505
|
|
7,464
|
432,693
|
| Ending Balance, Shares at Mar. 31, 2025 |
|
23,255,419
|
53,193,178
|
|
|
| Beginning Balance at Dec. 31, 2024 |
637,071
|
$ 208,427
|
|
3,349
|
425,295
|
| Beginning Balance, Shares at Dec. 31, 2024 |
|
23,255,419
|
53,227,852
|
|
|
| Net income |
54,225
|
|
|
|
|
| Ending Balance at Sep. 30, 2025 |
697,828
|
$ 254,007
|
|
17,981
|
425,840
|
| Ending Balance, Shares at Sep. 30, 2025 |
|
25,337,028
|
51,093,505
|
|
|
| Beginning Balance at Mar. 31, 2025 |
649,662
|
$ 209,505
|
|
7,464
|
432,693
|
| Beginning Balance, Shares at Mar. 31, 2025 |
|
23,255,419
|
53,193,178
|
|
|
| Net income |
18,475
|
|
|
7,502
|
10,973
|
| Deemed non-cash contributions |
9,044
|
|
|
|
9,044
|
| RSU share-based compensation expense |
2,227
|
$ 715
|
|
|
1,512
|
| Redemption of Class B shares for Class A shares |
|
1,900,000
|
|
|
|
| Redemption of Class B shares for Class A shares |
|
|
(1,900,000)
|
|
|
| Cancellation of Class B shares |
|
|
(79,686)
|
|
|
| Tax distributions |
(16,650)
|
|
|
|
(16,650)
|
| Dividends and distributions |
(7,639)
|
|
|
(2,515)
|
(5,124)
|
| RSU dividend equivalent rights |
(76)
|
|
|
(25)
|
(51)
|
| Change in Ownership Interest Adjustment |
|
$ 13,880
|
|
|
(13,880)
|
| Tax impact of ownership interest adjustment |
30,123
|
30,123
|
|
|
|
| Offering costs |
(201)
|
(201)
|
|
|
|
| Ending Balance at Jun. 30, 2025 |
684,965
|
$ 254,022
|
|
12,426
|
418,517
|
| Ending Balance, Shares at Jun. 30, 2025 |
|
25,155,419
|
51,213,492
|
|
|
| Net income |
20,291
|
|
|
8,107
|
12,184
|
| Deemed non-cash contributions |
9,144
|
|
|
|
9,144
|
| RSU share-based compensation expense |
2,081
|
$ 689
|
|
|
1,392
|
| Class A Shares issued on vesting of RSUs, net of shares withheld for tax, Shares |
|
181,609
|
|
|
|
| Class A Shares issued on vesting of RSUs, net of shares withheld for tax |
(5,728)
|
$ (5,728)
|
|
|
|
| Cancellation of Class B shares |
|
|
(119,987)
|
|
|
| Tax distributions |
(7,140)
|
|
|
|
(7,140)
|
| Dividends and distributions |
(7,655)
|
|
|
(2,534)
|
(5,121)
|
| RSU dividend equivalent rights |
(55)
|
|
|
(18)
|
(37)
|
| Change in Ownership Interest Adjustment |
|
3,099
|
|
|
(3,099)
|
| Tax impact of ownership interest adjustment |
1,843
|
1,843
|
|
|
|
| Offering costs |
82
|
82
|
|
|
|
| Ending Balance at Sep. 30, 2025 |
697,828
|
$ 254,007
|
|
17,981
|
425,840
|
| Ending Balance, Shares at Sep. 30, 2025 |
|
25,337,028
|
51,093,505
|
|
|
| Beginning Balance at Dec. 31, 2025 |
793,985
|
$ 317,069
|
|
23,233
|
453,683
|
| Beginning Balance, Shares at Dec. 31, 2025 |
|
27,838,199
|
49,250,916
|
|
|
| Net income |
17,868
|
|
|
8,715
|
9,153
|
| Deemed non-cash contributions |
9,002
|
|
|
|
9,002
|
| RSU share-based compensation expense |
2,262
|
$ 817
|
|
|
1,445
|
| Class A Shares issued on vesting of RSUs, net of shares withheld for tax, Shares |
|
1,030
|
|
|
|
| Class A Shares issued on vesting of RSUs, net of shares withheld for tax |
(3)
|
$ (3)
|
|
|
|
| Cancellation of Class B shares |
|
|
(73,141)
|
|
|
| Tax distributions |
(5,413)
|
|
|
|
(5,413)
|
| Dividends and distributions |
(9,251)
|
|
|
(3,341)
|
(5,910)
|
| RSU dividend equivalent rights |
(64)
|
|
|
(23)
|
(41)
|
| Change in Ownership Interest Adjustment |
|
(1,702)
|
|
|
1,702
|
| Tax impact of ownership interest adjustment |
(270)
|
(270)
|
|
|
|
| Ending Balance at Mar. 31, 2026 |
808,116
|
$ 315,911
|
|
28,584
|
463,621
|
| Ending Balance, Shares at Mar. 31, 2026 |
|
27,839,229
|
49,177,775
|
|
|
| Beginning Balance at Dec. 31, 2025 |
793,985
|
$ 317,069
|
|
23,233
|
453,683
|
| Beginning Balance, Shares at Dec. 31, 2025 |
|
27,838,199
|
49,250,916
|
|
|
| Net income |
82,965
|
|
|
|
|
| Ending Balance at Sep. 30, 2026 |
866,521
|
$ 343,066
|
|
46,839
|
476,616
|
| Ending Balance, Shares at Sep. 30, 2026 |
|
29,654,484
|
47,356,800
|
|
|
| Beginning Balance at Mar. 31, 2026 |
808,116
|
$ 315,911
|
|
28,584
|
463,621
|
| Beginning Balance, Shares at Mar. 31, 2026 |
|
27,839,229
|
49,177,775
|
|
|
| Net income |
31,049
|
|
|
12,287
|
18,762
|
| Deemed non-cash contributions |
8,964
|
|
|
|
8,964
|
| RSU share-based compensation expense |
2,276
|
$ 827
|
|
|
1,449
|
| Redemption of Class B shares for Class A shares |
|
393,860
|
|
|
|
| Redemption of Class B shares for Class A shares |
|
|
(393,860)
|
|
|
| Class A Shares issued on vesting of RSUs, net of shares withheld for tax, Shares |
|
128
|
|
|
|
| Class A Shares issued on vesting of RSUs, net of shares withheld for tax |
(4)
|
$ (4)
|
|
|
|
| Cancellation of Class B shares |
|
|
(102,987)
|
|
|
| Tax distributions |
(9,287)
|
|
|
|
(9,287)
|
| Dividends and distributions |
(9,242)
|
|
|
(3,388)
|
(5,854)
|
| RSU dividend equivalent rights |
(65)
|
|
|
(24)
|
(41)
|
| Change in Ownership Interest Adjustment |
|
1,339
|
|
|
(1,339)
|
| Ending Balance at Jun. 30, 2026 |
831,807
|
$ 318,073
|
|
37,459
|
476,275
|
| Ending Balance, Shares at Jun. 30, 2026 |
|
28,233,217
|
48,680,928
|
|
|
| Net income |
34,048
|
|
|
12,958
|
21,090
|
| Deemed non-cash contributions |
6,504
|
|
|
|
6,504
|
| RSU share-based compensation expense |
2,638
|
$ 1,004
|
|
|
1,634
|
| Redemption of Class B shares for Class A shares |
|
1,250,000
|
|
|
|
| Redemption of Class B shares for Class A shares |
|
|
(1,250,000)
|
|
|
| Class A Shares issued on vesting of RSUs, net of shares withheld for tax, Shares |
|
171,267
|
|
|
|
| Class A Shares issued on vesting of RSUs, net of shares withheld for tax |
(6,560)
|
$ (6,560)
|
|
|
|
| Cancellation of Class B shares |
|
|
(74,128)
|
|
|
| Tax distributions |
(8,108)
|
|
|
|
(8,108)
|
| Dividends and distributions |
(9,250)
|
|
|
(3,558)
|
(5,692)
|
| RSU dividend equivalent rights |
(51)
|
|
|
(20)
|
(31)
|
| Change in Ownership Interest Adjustment |
|
15,056
|
|
|
(15,056)
|
| Tax impact of ownership interest adjustment |
15,493
|
15,493
|
|
|
|
| Ending Balance at Sep. 30, 2026 |
$ 866,521
|
$ 343,066
|
|
$ 46,839
|
$ 476,616
|
| Ending Balance, Shares at Sep. 30, 2026 |
|
29,654,484
|
47,356,800
|
|
|