XML 126 R105.htm IDEA: XBRL DOCUMENT v3.25.4
Segments - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Segment operating revenue $ 557,565 $ 514,012 $ 444,999
Cash-based employee compensation and benefits 151,213 148,547 156,153
Equity-based compensation 45,599 48,158 50,667
Partnership interest-based compensation 46,181 72,068 103,934
Carried interest compensation 31,374 30,450 28,505
Cash-based incentive fee related compensation 44,517 36,455 15,628
Other non-cash compensation 448 558 1,157
General, administrative and other 104,779 104,296 100,801
Investment income (16,258) (15,589) (11,640)
Interest expense 22,789 24,160 23,745
Other income (6,283) (1,334) (1,008)
Change in fair value of warrants (21,737) 16,079 (1,429)
Provision for income taxes 12,903 13,560 7,692
Net income (loss) 142,040 36,604 (29,206)
Operating Segments | Reportable Segment      
Segment Reporting Information [Line Items]      
Segment operating revenue 557,565 514,012 444,999
Cash-based employee compensation and benefits 151,213 148,547 156,153
Equity-based compensation 45,599 48,158 50,667
Partnership interest-based compensation 46,181 72,068 103,934
Carried interest compensation 31,374 30,450 28,505
Cash-based incentive fee related compensation 44,517 36,455 15,628
Other non-cash compensation 448 558 1,157
General, administrative and other 104,779 104,296 100,801
Investment income (16,258) (15,589) (11,640)
Interest expense 22,789 24,160 23,745
Other income (6,283) (1,334) (1,008)
Change in fair value of warrants (21,737) 16,079 (1,429)
Provision for income taxes 12,903 13,560 7,692
Net income (loss) 142,040 36,604 (29,206)
Adjustments and reconciling items      
Segment Reporting Information [Line Items]      
Net income (loss) $ 0 $ 0 $ 0