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Equity (Tables) | 6 Months Ended
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Jun. 30, 2026
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 Declared |  | Record Date |  | Payment Date |  | Dividend per Class A Common Share
May 7, 2025 |  | May 19, 2025 |  | June 2, 2025 |  | $ | 0.41 |
August 6, 2025 |  | August 18, 2025 |  | September 2, 2025 |  | 0.59 |
November 4, 2025 |  | November 14, 2025 |  | December 1, 2025 |  | 0.45 |
February 5, 2026 |  | February 19, 2026 |  | March 5, 2026 |  | 0.61 |
Total 2025 Dividend Year (through Q4 2025) |  |  |  |  |  | $ | 2.06 |
May 1, 2026 |  | May 11, 2026 |  | May 26, 2026 |  | $ | 0.59 |
August 4, 2026 |  | August 14, 2026 |  | August 28, 2026 |  | 0.59 |
Total 2026 Dividend Year (through Q2 2026) |  |  |  |  |  | $ | 1.18 |
Schedule of Common Stock Exchanged | For the periods ended June 30, 2026 and December 31, 2025, the following Common Units were exchanged for Class A common stock:
Exchange Date |  | Class A Common Stock Issued
2025 Exchanges(a) |  |
February 24, 2025 |  | 9,786,354
May 21, 2025 |  | 21,000,000
August 19, 2025 |  | 5,153,040
2026 Exchange(a) |  |
May 29, 2026 |  | 6,042,619
_________________ (a)The issuances of shares of Class A common stock to such holders of Common Units were 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):
|  | Six Months Ended June 30, |  |
|  | 2026 |  | 2025 |  |
Distributions to holders of non-controlling interests |  | $ | 23,939 |  |  | $ | 65,288 |  |  |
Deferred tax assets |  | 76,540 |  |  | 446,633 |  |  |
Due to affiliates |  | 32,486 |  |  | 113,820 |  |  |
Other liabilities |  | 33,534 |  |  | 286,083 |  |  |
Additional paid-in-capital |  | 10,520 |  |  | 46,730 |  |  |
Contributions from holders of other non-controlling interests |  | 85,299 |  |  | 67,449 |  |  |
Distributions in-kind to holders of other non-controlling interests |  | — |  |  | 29,925 |  |  |
Deconsolidation of previously consolidated entities |  | 804,839 |  |  | 20,208 |  |  |
Shares issued in connection with Jackson Transaction |  | 113,203 |  |  | — |  |  |

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