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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES:        
Revenues $ 13,488 $ 17,013 $ 34,118 $ 78,140
COSTS AND EXPENSES:        
Selling, general, and administrative 14,294 11,911 44,645 37,013
Total costs and expenses 21,380 17,398 60,382 60,579
OTHER INCOME (EXPENSE):        
Interest income 4,484 2,595 13,501 8,575
Loss on debt extinguishment (1,824) 0 (1,824) 0
Miscellaneous 8 24 804 (5,857)
Total other income 2,668 2,619 12,481 2,718
EQUITY IN EARNINGS FROM UNCONSOLIDATED ENTITIES 70,137 11,987 158,721 45,071
INCOME BEFORE INCOME TAX PROVISION 64,913 14,221 144,938 65,350
INCOME TAX PROVISION (9,199) (1,886) (20,062) (8,705)
NET INCOME 55,714 12,335 124,876 56,645
LESS NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 34,643 7,579 77,201 34,841
NET INCOME ATTRIBUTABLE TO THE COMPANY $ 21,071 $ 4,756 $ 47,675 $ 21,804
Common Class A        
NET INCOME ATTRIBUTABLE TO THE COMPANY PER CLASS A SHARE        
Basic (in dollars per share) $ 0.30 $ 0.07 $ 0.68 $ 0.31
Diluted (in dollar per share) $ 0.28 $ 0.07 $ 0.65 $ 0.31
WEIGHTED AVERAGE CLASS A SHARES OUTSTANDING        
Basic (in shares) 69,796,339 69,279,028 69,692,349 69,192,620
Diluted (in shares) 149,430,920 146,565,417 149,267,968 146,394,307
Common Class B        
NET INCOME ATTRIBUTABLE TO THE COMPANY PER CLASS A SHARE        
Basic (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00
Diluted (in dollar per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00
WEIGHTED AVERAGE CLASS A SHARES OUTSTANDING        
Basic (in shares) 79,233,544 79,233,544 79,233,544 79,233,544
Diluted (in shares) 79,233,544 79,233,544 79,233,544 79,233,544
Land sales        
COSTS AND EXPENSES:        
Cost and expenses $ 0 $ 0 $ 0 $ 0
Land sales | Nonrelated Party        
REVENUES:        
Revenues (12) 372 70 1,214
Land sales | Related Party        
REVENUES:        
Revenues 0 0 0 0
Management services        
COSTS AND EXPENSES:        
Cost and expenses 5,455 4,256 10,846 19,467
Management services | Related Party        
REVENUES:        
Revenues 12,826 16,030 32,336 75,035
COSTS AND EXPENSES:        
Cost and expenses 0 0 0 0
Operating properties        
COSTS AND EXPENSES:        
Cost and expenses 1,631 1,231 4,891 4,099
Operating properties | Nonrelated Party        
REVENUES:        
Revenues $ 674 $ 611 $ 1,712 $ 1,891