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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities:    
Net income (loss) $ 108,683 $ (46,131)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 36,009 39,421
Amortization of intangible assets 1,678 1,677
Share-based compensation expense 120,676 38,961
Change in debt discounts and deferred debt issuance costs 3,364 5,887
Deferred income taxes 39,268 (39,396)
(Gain) loss on sale of property and equipment (3,783) 555
Changes in other components of working capital 263,469 172,298
Other long-term liabilities 2,189 4,376
Other, net 2,843 (3,678)
NET CASH PROVIDED BY OPERATING ACTIVITIES 574,396 173,970
Cash Flows from Investing Activities:    
Acquisition of property and equipment (105,891) (28,266)
Proceeds from sale of property and equipment 5,133 2,941
Investments in securities (56,299) (25,783)
Proceeds from maturities and sales of investments in securities 26,109 23,812
NET CASH USED IN INVESTING ACTIVITIES (130,948) (27,296)
Cash Flows from Financing Activities:    
Proceeds from debt 188,215 642,833
Repayment of debt (312,215) (842,127)
Cash payments related to share-based compensation (5,152) (3,257)
Distributions paid to noncontrolling interests (27,900) (12,400)
Contributions from noncontrolling interests 7,500 87
Debt issuance, extinguishment and modification costs 0 (25,093)
NET CASH USED IN FINANCING ACTIVITIES (149,552) (239,957)
Net increase (decrease) in cash, cash equivalents and restricted cash 293,896 (93,283)
Cash, cash equivalents and restricted cash at beginning of period 464,188 394,680
Cash, cash equivalents and restricted cash at end of period $ 758,084 $ 301,397