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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Net income (loss) $ (27,069) $ 147,006 $ 45,165
Equity method investments 0 0 318
Changes in accumulated other comprehensive income (loss) related to foreign currency translation 5,251 (974) 2,279
Comprehensive income (loss) (21,818) 146,032 47,762
Comprehensive income (loss) attributable to noncontrolling interests:      
Redeemable noncontrolling interests 3,444 2,458 6,503
Comprehensive income (loss) attributable to stockholders 146,769 69,612 187,234
Investment entities      
Comprehensive income (loss) attributable to noncontrolling interests:      
Comprehensive income (loss) attributable to noncontrolling interests (175,564) 73,343 (155,340)
Operating Company      
Comprehensive income (loss) attributable to noncontrolling interests:      
Comprehensive income (loss) attributable to noncontrolling interests $ 3,533 $ 619 $ 9,365