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Earnings per Common Share
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings per Common Share Earnings per Common Share
The following shows a summary of the elements used in calculating basic and diluted earnings per common share for the three and six months ended June 30, 2025 and 2024, respectively:
For the Three Months Ended June 30,For the Six Months Ended June 30,
 2025202420252024
Numerator:
Net income from continuing operations
$70,422 $(547)$70,028 $(924)
Amount allocated to participating common shareholders(1)
(186)— (116)— 
Income available to Kestrel common shareholders before discontinued operations70,236 (547)69,912 (924)
Loss from discontinued operations, net of income tax(495)— (495)— 
Amount of loss from discontinued operations allocated to participating common shareholders(1)
1 — 1 — 
Net income attributable to Kestrel common shareholders$69,742 $(547)$69,418 $(924)
Denominator:
Weighted average number of common shares – basic and diluted(1)
4,635,406 2,749,996 3,692,701 2,749,996 
Basic and diluted earnings from continuing operations per share attributable to Kestrel shareholders$15.16 $(0.20)$18.93 $(0.34)
Basic and diluted loss from discontinued operations per share attributable to Kestrel shareholders(0.11)— (0.13)— 
Basic and diluted earnings per share attributable to Kestrel shareholders:$15.05 $(0.20)$18.80 $(0.34)
(1) There were no potentially dilutive securities for the three and six months ended June 30, 2025 and 2024.