v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Accumulated Other Comprehensive (Loss) Income
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Noncontrolling Interests
Class A Common Stock
Common Stock
Class B Common Stock
Common Stock
Shares outstanding, beginning balance (in shares) at Dec. 31, 2024             35,710,848 57,726,153
Beginning balance at Dec. 31, 2024 $ 1,250,409 $ 0 $ 281,559 $ 970,253 $ (7,827) $ 5,487 $ 360 $ 577
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation 14,760   14,760          
Vesting of stock-based compensation (in shares)             982,856  
Vesting of stock-based compensation 0   (10)       $ 10  
Withholding of common stock for taxes (in shares)             (317,456)  
Withholding of common stock for taxes (7,883)   (7,880)       $ (3)  
Repurchases of common stock (in shares)             (989,968)  
Repurchases of common stock (23,020)       (23,020)      
Distributions (3,962)         (3,962)    
Preferred stock dividends declared (6,750)     (6,750)        
Other comprehensive income (loss), net of tax 583 583            
Net income 111,549     111,483   66    
Shares outstanding, ending balance (in shares) at Jun. 30, 2025             35,386,280 57,726,153
Ending balance at Jun. 30, 2025 $ 1,335,686 583 288,429 1,074,986 (30,847) 1,591 $ 367 $ 577
Beginning balance (in shares) at Dec. 31, 2024 150,000              
Beginning balance at Dec. 31, 2024 $ 148,500              
Redeemable noncontrolling interest, beginning balance at Dec. 31, 2024 21,451              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Noncontrolling interest issued in business combination $ 8,088              
Ending balance (in shares) at Jun. 30, 2025 150,000              
Ending balance at Jun. 30, 2025 $ 148,500              
Redeemable noncontrolling interest, ending balance at Jun. 30, 2025 29,539              
Shares outstanding, beginning balance (in shares) at Mar. 31, 2025             36,010,368 57,726,153
Beginning balance at Mar. 31, 2025 1,293,849 0 284,161 1,021,781 (14,790) 1,755 $ 365 $ 577
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation 5,307   5,307          
Vesting of stock-based compensation (in shares)             127,627  
Vesting of stock-based compensation 0   (2)       $ 2  
Withholding of common stock for taxes (in shares)             (46,311)  
Withholding of common stock for taxes (1,037)   (1,037)          
Repurchases of common stock (in shares)             (705,404)  
Repurchases of common stock (16,057)       (16,057)      
Distributions (123)         (123)    
Preferred stock dividends declared (3,375)     (3,375)        
Other comprehensive income (loss), net of tax 583 583            
Net income 56,539     56,580   (41)    
Shares outstanding, ending balance (in shares) at Jun. 30, 2025             35,386,280 57,726,153
Ending balance at Jun. 30, 2025 $ 1,335,686 583 288,429 1,074,986 (30,847) 1,591 $ 367 $ 577
Beginning balance (in shares) at Mar. 31, 2025 150,000              
Beginning balance at Mar. 31, 2025 $ 148,500              
Redeemable noncontrolling interest, beginning balance at Mar. 31, 2025 29,019              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Noncontrolling interest issued in business combination $ 520              
Ending balance (in shares) at Jun. 30, 2025 150,000              
Ending balance at Jun. 30, 2025 $ 148,500              
Redeemable noncontrolling interest, ending balance at Jun. 30, 2025 29,539              
Shares outstanding, beginning balance (in shares) at Dec. 31, 2025             34,543,383 57,726,153
Beginning balance at Dec. 31, 2025 1,426,072 613 298,594 1,173,950 (49,526) 1,497 $ 367 $ 577
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation 10,809   10,809          
Vesting of stock-based compensation (in shares)             1,046,132  
Vesting of stock-based compensation 0   (10)       $ 10  
Withholding of common stock for taxes (in shares)             (318,266)  
Withholding of common stock for taxes (5,191)   (5,188)       $ (3)  
Repurchases of common stock (in shares)             (2,076,181)  
Repurchases of common stock (33,311)       (33,311)      
Preferred stock dividends declared (6,750)     (6,750)        
Other comprehensive income (loss), net of tax 794 794            
Net income 41,404     40,977   427    
Shares outstanding, ending balance (in shares) at Jun. 30, 2026             33,195,068 57,726,153
Ending balance at Jun. 30, 2026 $ 1,433,827 1,407 304,205 1,208,177 (82,837) 1,924 $ 374 $ 577
Beginning balance (in shares) at Dec. 31, 2025 150,000              
Beginning balance at Dec. 31, 2025 $ 148,500              
Redeemable noncontrolling interest, beginning balance at Dec. 31, 2025 $ 29,539              
Ending balance (in shares) at Jun. 30, 2026 150,000              
Ending balance at Jun. 30, 2026 $ 148,500              
Redeemable noncontrolling interest, ending balance at Jun. 30, 2026 29,539              
Shares outstanding, beginning balance (in shares) at Mar. 31, 2026             34,202,884 57,726,153
Beginning balance at Mar. 31, 2026 1,416,802 (452) 298,679 1,183,831 (68,008) 1,801 $ 374 $ 577
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation 5,578   5,578          
Vesting of stock-based compensation (in shares)             7,615  
Withholding of common stock for taxes (in shares)             (2,810)  
Withholding of common stock for taxes (52)   (52)          
Repurchases of common stock (in shares)             (1,012,621)  
Repurchases of common stock (14,829)       (14,829)      
Preferred stock dividends declared (3,375)     (3,375)        
Other comprehensive income (loss), net of tax 1,859 1,859            
Net income 27,844     27,721   123    
Shares outstanding, ending balance (in shares) at Jun. 30, 2026             33,195,068 57,726,153
Ending balance at Jun. 30, 2026 $ 1,433,827 $ 1,407 $ 304,205 $ 1,208,177 $ (82,837) $ 1,924 $ 374 $ 577
Beginning balance (in shares) at Mar. 31, 2026 150,000              
Beginning balance at Mar. 31, 2026 $ 148,500              
Redeemable noncontrolling interest, beginning balance at Mar. 31, 2026 $ 29,539              
Ending balance (in shares) at Jun. 30, 2026 150,000              
Ending balance at Jun. 30, 2026 $ 148,500              
Redeemable noncontrolling interest, ending balance at Jun. 30, 2026 $ 29,539