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Basic and Diluted Net Income per Share (Tables) | 6 Months Ended
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Jun. 30, 2026
Earnings Per Share [Abstract] |
Schedule of Calculation of Basic and Diluted Net Income per Share | The following table presents the calculation of basic and diluted net income per share under the two-class method:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Net income | $ | 24 |  |  | $ | 41 |  |  | $ | 36 |  |  | $ | 61 |
Less: Net income attributable to noncontrolling interests | (2) |  |  | (7) |  |  | 1 |  |  | (10) |
Less: Preferred dividends | (15) |  |  | (10) |  |  | (31) |  |  | (10) |
Net income attributable to Class A and Class C common stockholders - basic (a) | 7 |  |  | 24 |  |  | 6 |  |  | 41 |
Reallocation of net income from non-redeemable noncontrolling interests to Class A and Class C common stockholders due to effect of dilutive securities (a) | — |  |  | 5 |  |  | — |  |  | 7 |
Net income attributable to Class A and Class C common stockholders - diluted (a) | $ | 7 |  |  | $ | 29 |  |  | $ | 6 |  |  | $ | 48 |
Weighted average shares of Class A and Class C common stock outstanding - basic (a) | 79,280,681 |  |  | 67,801,800 |  |  | 76,476,638 |  |  | 68,473,399 |
Effect of dilutive securities: |  |  |  |  |  |  |
LLC Interests | N/A |  | 19,801,028 |  |  | N/A |  | 19,801,028 |
RSUs and PRSUs | 362,626 |  |  | 1,000,864 |  |  | 541,924 |  |  | 1,267,710 |
2025 Convertible Notes | N/A |  | 659,565 |  |  | N/A |  | 1,309,723 |
Weighted average shares of Class A and Class C common stock outstanding - diluted (a) | 79,643,307 |  |  | 89,263,257 |  |  | 77,018,562 |  |  | 90,851,860 |
Net income per share attributable to Class A and Class C common stockholders: (a) |  |  |  |  |  |  |
Basic | $ | 0.08 |  |  | $ | 0.35 |  |  | $ | 0.08 |  |  | $ | 0.59 |
Diluted | $ | 0.08 |  |  | $ | 0.32 |  |  | $ | 0.08 |  |  | $ | 0.52 |
(a)In prior periods, the Company presented basic and diluted net income per share separately for Class A and Class C common stock. In the current period, the Company elected to present a single net income per share amount for these classes as they have identical economic rights. Prior period amounts have been conformed to the current presentation.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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