v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis

The Company’s assets and liabilities measured at fair value on a recurring basis at June 30, 2026 and December 31, 2025, were as follows:

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Fair Value Measurement at June 30, 2026 Using

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  ​ ​ ​

​

​

  ​ ​ ​

Quoted Prices in

  ​ ​ ​

Significant

  ​ ​ ​

​

​

​

​

​

​

​

Active Markets

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Other

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Significant

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​

​

​

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for Identical

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Observable

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Unobservable

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​

​

​

​

Assets

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Inputs

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Inputs

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​

Total

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(Level 1)

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(Level 2)

​

(Level 3)

Interest rate swap derivative instruments – net asset position

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$

2,425

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$

—

​

$

2,425

​

$

—

Restricted cash

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$

163,398

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$

163,398

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$

—

​

$

—

Restricted investments

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$

72,205

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$

—

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$

72,205

​

$

—

Contingent consideration

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$

(81,063)

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$

—

​

$

—

​

$

(81,063)

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​

​

​

​

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​

​

​

​

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Fair Value Measurement at December 31, 2025 Using

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  ​ ​ ​

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​

  ​ ​ ​

Quoted Prices in

  ​ ​ ​

Significant

  ​ ​ ​

​

​

​

​

​

​

​

Active Markets

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Other

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Significant

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​

​

​

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for Identical

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Observable

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Unobservable

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​

​

​

​

Assets

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Inputs

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Inputs

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Total

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(Level 1)

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(Level 2)

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(Level 3)

Interest rate swap derivative instruments – net asset position

​

$

1,718

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$

—

​

$

1,718

​

$

—

Restricted cash

​

$

183,612

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$

183,612

​

$

—

​

$

—

Restricted investments

​

$

80,533

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$

—

​

$

80,533

​

$

—

Contingent consideration

​

$

(84,696)

​

$

—

​

$

—

​

$

(84,696)

Fair Value for Level 3 Liabilities

The following table summarizes the changes in the fair value for Level 3 liabilities related to contingent consideration for the six months ended June 30, 2026 and 2025:

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Six Months Ended June 30, 

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  ​ ​ ​

2026

  ​ ​ ​

2025

Beginning balance

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$

84,696

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$

87,162

Contingent consideration recorded at acquisition date

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1,578

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10,864

Payment of contingent consideration recorded at acquisition date

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(4,707)

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(22,895)

Payment of contingent consideration recorded in earnings

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(1)

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(400)

Adjustments to contingent consideration

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(1,315)

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30,584

Interest accretion expense

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1,546

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1,741

Foreign currency translation adjustment

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(734)

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1,016

Ending balance

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$

81,063

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$

108,072