XML 96 R84.htm IDEA: XBRL DOCUMENT v3.25.0.1
Preferred Membership Interests - Additional Information (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Mar. 29, 2022
USD ($)
Tradingday
$ / shares
shares
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Class of Stock [Line Items]        
Accretion of preferred membership interests   $ 2,600 $ 2,500 $ 1,700
Income tax distributions paid on preferred membership interests   $ 1,312 $ 900  
Series A Preferred Interest [Member]        
Class of Stock [Line Items]        
Preferred shares issued and sold | shares 12,500      
Investment agreement date Mar. 29, 2022      
Shares issued, price per share | $ / shares $ 1,000      
Aggregate purchase price of preferred interest $ 25,000      
Initial liquidation preference $ 1,000      
Percentage of preferred return at liquidation preference 9.00%      
Preferred stock, participation rights   Prior to October 16, 2026, the Series A Preferred Interests will not be entitled to receive distributions, but the preferred return instead will accumulate solely by way of an increase in the liquidation preference of the Series A Preferred Interests. From and after October 16, 2026, the preferred return will be payable in cash, on a quarterly basis. The Series A Preferred Interests are subject to exchange (i) upon a liquidation or deemed liquidation event of Holdings, (ii) upon a change of control of the Partnership, (iii) from and after March 1, 2024, at the option of the Partnership and Holdings, and (iv) on March 31, 2029, if any Series A Preferred Interests remain outstanding on such date (each of (i) through (iv), an “exchange”). Upon an exchange of any Series A Preferred Interests, the holders thereof will surrender each such Series A Preferred Interest in exchange for an amount equal to the then-current liquidation preference of such Series A Preferred Interest plus any preferred return accrued and unpaid with respect to the period from and after October 16, 2026 (the “Exchange Price”).    
Preferred stock, convertible, conversion price | $ / shares $ 23.74      
Preferred Stock, Convertible, Conversion Ratio 1.15      
Number of trading days | Tradingday 20      
Investors [Member] | Series A Preferred Interest [Member]        
Class of Stock [Line Items]        
Percentage of common interests Holdings 100.00%