Quarterly report [Sections 13 or 15(d)]

Equity-Based Compensation - Recognized and Unrecognized Equity-Based Compensation Expense (Details)

v3.25.3
Equity-Based Compensation - Recognized and Unrecognized Equity-Based Compensation Expense (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense $ 11,190 $ 23,459 $ 50,988 $ 61,664
Unrecognized, equity-based compensation expense 162,138   162,138  
IPO RSUs and Staking Options | IPO awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 1,706 2,720 6,787 9,226
Unrecognized, equity-based compensation expense 19,949   19,949  
IPO RLUs and Staking Class C Incentive Units | IPO awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 1,633 2,146 5,583 7,277
Unrecognized, equity-based compensation expense 20,268   20,268  
Incremental Restricted Stock and Reload Options | IPO awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 246 622 1,046 2,485
Unrecognized, equity-based compensation expense 332   332  
Incremental Restricted Common Units and Reload Class C Incentive Units | IPO awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 172 586 718 3,018
Unrecognized, equity-based compensation expense 229   229  
Restricted Stock        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 8   8  
Restricted Stock | Pre-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 114 498 436 1,333
Unrecognized, equity-based compensation expense 4   4  
Restricted Common Units | Pre-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 36 4,733 133 5,095
Unrecognized, equity-based compensation expense 4   4  
Incentive RSUs        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 70,421   70,421  
Incentive RSUs | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 8,266 8,001 25,033 21,759
Unrecognized, equity-based compensation expense 70,421   70,421  
Incentive RLUs        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 13,519   13,519  
Incentive RLUs | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 1,884 2,058 5,760 5,671
Unrecognized, equity-based compensation expense 13,519   13,519  
Incentive Options        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 211   211  
Incentive Options | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 44 272 2,002 823
Unrecognized, equity-based compensation expense 211   211  
Class C Incentive Units        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 3,958   3,958  
Class C Incentive Units | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 450 521 1,404 1,551
Unrecognized, equity-based compensation expense 3,958   3,958  
PSUs        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 33,243   33,243  
PSUs | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense (646) 391 2,792 910
Unrecognized, equity-based compensation expense 33,243   33,243  
PLUs | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense (3,276) 619 (2,058) 1,439
Unrecognized, equity-based compensation expense 0   0  
Director Stock Grants        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 0   0  
Director Stock Grants | Other expense        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense $ 561 $ 292 $ 1,352 $ 1,077