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Taxation (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Income Before Income Taxes

The components of income before income taxes are as follows:

		Year ended December 31, 2020		July 11, 2019 to December 31, 2019			January 1, 2019 to July 10, 2019		Year ended December 31, 2018
		(Successor)					(Predecessor)
Domestic		$(58,440,309)		$(36,281,944)			$(23,668,078)		$10,537,443
Foreign		(456,747)		(269,721)			(74,452)		—
Income (loss) before income tax expense		$(58,897,056)		$(36,551,665)			$(23,742,530)		$10,537,443

Schedule of Provision for Income Tax

The Company recorded a provision for income tax as follows:

		Year ended December 31, 2020		July 11, 2019 to December 31, 2019			January 1, 2019 to July 10, 2019		Year ended December 31, 2018
		(Successor)					(Predecessor)
Current expense
Federal		$                       —		$                   —			$                —		$                —
State		—		—			—		—
Foreign		—		—			—		—
Total current expense (benefit)		$                       —		$                  —			$                —		$                —
Deferred expense
Federal		$(10,523,778)		$(4,343,013)			$                —		$                —
State		(1,708,969)		(575,152)			—		—
Foreign		(125,278)		(72,824)			—		—
Total deferred benefit		(12,358,025)		(4,990,989)			—		—
Income tax benefit		$(12,358,025)		$(4,990,989)			$                —		$                —

Schedule of Reconciliation of United States Statutory Income Tax Rate to Effective Income Tax Rate

A reconciliation of the United States statutory income tax rate to the Company’s effective income tax rate is as follows for the years indicated:

		Year ended December 31, 2020		July 11, 2019 to December 31, 2019			January 1, 2019 to July 10, 2019		Year ended December 31, 2018
		(Successor)					(Predecessor)
Federal income tax expense		21.0%		21.0%			0.0%		0.0%
State taxes, net of federal benefit		2.9%		1.6%			0.0%		0.0%
Income attributable to noncontrolling interest		(4.0%)		(8.6%)			0.0%		0.0%
Excess tax benefit related to share-based compensation		0.8%		0.5%			0.0%		0.0%
Other		0.3%		(0.8%)			0.0%		0.0%
Total deferred benefit		21.0%		13.7%			0.0%		0.0%

Schedule of Deferred Tax Assets and Liabilities

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Details of the Company's deferred tax assets and liabilities are as follows:

		December 31, 2020		December 31, 2019
Deferred tax assets
Tax Credits		$522,081		$52,314
Section 163(j) Limitation Carryover		250,095		719,773
Acquisition Costs		352,291		378,386
Federal Net Operating Losses		8,834,924		3,682,201
State Net Operating Losses		1,264,059		526,606
Foreign Net Operating Losses		202,517		74,444
Other Assets		2,997,426		10,320
Partnership basis tax differences		154,253,345		—
Total deferred tax asset		168,676,738		5,444,044
Valuation allowance		(33,339,509)		(5,799,118)
Total deferred tax asset, net of valuation allowance		135,337,229		(355,074)
Deferred tax liabilities
Partnership basis tax differences		—		(413,261)
Total deferred tax liabilities		—		(413,261)
Net deferred tax liabilities		$135,337,229		$(768,335)

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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