XML 50 R37.htm IDEA: XBRL DOCUMENT v3.25.3
PROPERTY AND EQUIPMENT (Tables)
 9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment
As of September 30, 2025 (Successor) and December 31, 2024 (Predecessor), property and equipment was comprised of the following:
SuccessorPredecessor
September 30,December 31,
(in thousands)20252024
Land and improvements$96,237 $49,553 
Building and improvements651,444 370,086 
Equipment102,782 280,946 
Furniture and fixtures150,526 64,109 
Construction in process(1)
49,059 149,906 
Total property, plant and equipment1,050,048 914,600 
Less: Accumulated depreciation(69,138)(283,898)
Property and equipment, net$980,910 $630,702 
__________________________________
(1)    In connection with the signing of the Chicago MLA, as defined and discussed in Note 15 “Leases”, during the third quarter of 2025, the Company reclassified $134.8 million from construction in process to Accounts receivable, net, $162.5 million from construction in process to Other assets and $3.7 million from construction in progress to Prepaid expenses and other current assets.