v3.25.4
Income Taxes - Schedule of Significant Components of Deferred Income Tax Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Components of Deferred Tax Assets and Liabilities [Abstract]    
Investment in Partnership $ 485,193 $ 513,945
Loss and tax credit carryforwards 214,059 92,670
Equity-based compensation 14,813 12,465
Lease liability 5,305 4,061
Other 1,271 1,938
Total deferred tax assets 720,641 625,079
Valuation allowance (14,110) (13,973)
Net deferred tax asset 706,531 611,106
Intangible assets (4,756) (5,171)
Right of use asset (5,203) (3,964)
Revenue (829) (735)
Other 0 (46)
Total deferred tax liabilities (10,788) (9,916)
Net deferred tax assets $ 695,743 $ 601,190