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INCOME TAXES - Effective Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
 1 Months Ended 11 Months Ended 12 Months Ended
Feb. 07, 2025
Dec. 31, 2025
Dec. 31, 2024
Amount      
Income tax expense at US Federal Statutory Tax Rate $ (10,576) $ (129,774) $ (116,025)
State and local income taxes, net of federal effect (577) 2,539 (30,390)
Statutory tax rate difference     64,884
Other 0 1,127  
Change in valuation allowance 6,392 88,531 79,656
Global intangible low-taxed income 2,302 (6,742) 17,941
Subpart F income 789 3,518  
Other 0 69  
Nondeductible professional fees 2,235 11,241 3,117
Other 356 4,416 (8,906)
Changes in unrecognized tax benefits 19 (514) 681
Current period adjustment to deferred tax liability 0 8,653  
Total provision (benefit) for income taxes $ 664 $ 47,564 $ 15,252
Percentage      
Income tax expense at US Federal Statutory Tax Rate 21.00% 21.00%  
State and local income taxes, net of federal effect 1.20% (0.40%)  
Other 0.00% (0.20%)  
Changes in valuation allowance (12.70%) (14.30%)  
Global intangible low-taxed income (4.60%) 1.10%  
Subpart F income (1.60%) (0.60%)  
Other 0.00% 0.00%  
Nondeductible transaction costs (4.40%) (1.80%)  
Current period adjustment to deferred tax liability 0.00% (1.40%)  
Other (0.70%) (0.70%)  
Changes in unrecognized tax benefits 0.00% 0.10%  
Effective Tax Rate (1.30%) (7.70%) (2.80%)
Gibraltar      
Amount      
Statutory tax rate difference $ (39) $ 25,700  
Nondeductible expenses and nontaxable income 1,481 (1,944)  
Other $ (95) $ 563  
Percentage      
Statutory tax rate difference 0.10% (4.20%)  
Nondeductible expenses and nontaxable income (2.90%) 0.30%  
Other 0.20% (0.10%)  
United Kingdom      
Amount      
Statutory tax rate difference $ 41 $ 686  
Nondeductible expenses and nontaxable income (520) (20,325)  
Other (1) 4,999  
Change in valuation allowance $ 134 $ 10,357  
Percentage      
Statutory tax rate difference (0.10%) (0.10%)  
Nondeductible expenses and nontaxable income 1.00% 3.30%  
Other   (0.80%)  
Changes in valuation allowance (0.30%) (1.70%)  
Jersey      
Amount      
Statutory tax rate difference $ (901) $ 25,329  
Other $ (56) $ 4,709  
Percentage      
Statutory tax rate difference 1.80% (4.10%)  
Other 0.10% (0.80%)  
Isle of Man      
Amount      
Statutory tax rate difference $ (301) $ 7,702  
Percentage      
Statutory tax rate difference 0.60% (1.20%)  
Spain      
Amount      
Statutory tax rate difference $ 67 $ (7,920)  
Percentage      
Statutory tax rate difference (0.20%) 1.30%  
Greece      
Amount      
Other $ 0 $ (147)  
Change in valuation allowance $ 0 $ 8,978  
Percentage      
Changes in valuation allowance 0.00% (1.50%)  
Other foreign jurisdictions      
Amount      
Statutory tax rate difference $ (86) $ 5,813  
Percentage      
Statutory tax rate difference 0.20% (0.90%)