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Equity (Tables)
 3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Dividends Declared
The table below presents information regarding the quarterly dividends on the Class A common stock, which were made at the sole discretion of the Board of Directors of the Company.

Date DeclaredRecord DatePayment DateDividend per Class A Common Share
May 8, 2024May 20, 2024June 3, 2024$0.41 
August 6, 2024August 16, 2024August 30, 20240.42 
November 4, 2024November 14, 2024December 2, 20240.38 
February 11, 2025February 21, 2025March 7, 20250.53 
Total 2024 Dividend Year (through Q4 2024)$1.74 
May 7, 2025May 19, 2025June 2, 2025$0.41 
Total 2025 Dividend Year (through Q1 2025)$0.41 
Schedule of Common Stock Exchanged During the three months ended March 31, 2025 and 2024, certain holders of Common Units exchanged Common Units for an equal number of shares of Class A common stock resulting in the issuance of shares of Class A common stock and the cancellation of an equal number of shares of Class B common stock for no additional consideration as follows:
Exchange Date
Class A Common Stock Issued
2025 Exchanges(a)
February 24, 20259,786,354
2024 Exchanges(a)
February 27, 202417,704,987
__________
(a)The issuance of the shares of Class A common stock to such holders of Common Units was registered pursuant to the Company’s registration statements on Form S-3 filed on November 2, 2023 and September 13, 2024.
Schedule of Supplemental Non-Cash Financing Activities Related to Equity for the Condensed Consolidated Statements of Cash Flows
The supplemental non-cash financing activities related to equity for the Condensed Consolidated Statements of Cash Flows are as follows (in thousands):
Three Months Ended March 31,
20252024
Distributions to holders of other non-controlling interests$35,679 $38,197 
Deferred tax assets146,402 201,906 
Due to affiliates130,619 185,351 
Additional paid-in-capital15,783 16,555