CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands		Sep. 30, 2025	Dec. 31, 2024
Current Assets:
Cash, cash equivalents, and restricted cash		$ 398,254	$ 515,633
Prepaid expenses and other current assets		86,895	65,007
Total current assets		666,384	760,993
Non-Current Assets:
Investments		40,373	40,396
Property and equipment, net		2,777,292	3,035,730
Right-of-use lease assets		85,910	93,920
Goodwill		344,772	410,172
Intangible assets, net		23,473	28,383
Other non-current assets		200,364	145,706
Total assets		4,138,568	4,515,300
Current Liabilities:
Accounts payable		30,787	33,606
Accrued expenses and other current liabilities		385,563	388,370
Current portion of long-term debt, net		88,788	829,125
Operating lease liabilities, current		16,178	19,268
Deferred revenue		159,145	91,794
Total current liabilities		697,225	1,371,667
Non-Current Liabilities:
Long-term debt, net		786,069	524,010
Operating lease liabilities, non-current		109,750	116,668
Deferred tax liabilities, net		215,125	148,870
Other non-current liabilities		175,298	152,666
Total liabilities		1,983,467	2,313,881
Commitments and contingencies (see Note 9)
Equity:
Additional paid-in capital		2,456,237	2,428,414
Treasury stock, at cost, 1,054 and 0 shares as of September 30, 2025 and December 31, 2024		(50,040)	0
Accumulated deficit		(251,180)	(219,846)
Accumulated other comprehensive loss		(280)	(7,508)
Total stockholders’ equity		2,155,101	2,201,419
Total liabilities and equity		4,138,568	4,515,300
Nonrelated Party
Current Assets:
Accounts receivable, net / Related party receivables, current		170,965	154,624
Related Party
Current Assets:
Accounts receivable, net / Related party receivables, current		10,270	25,729
Current Liabilities:
Related party payables, current		16,764	9,504
Common Class A
Equity:
Common stock	[1]	295	290
Common Class B
Equity:
Common stock	[2]	$ 69	$ 69

[1] Class A Common Stock, $0.01 par value per share, 120,000 shares authorized; 28,434 and 28,960 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively.

[2] Class B Common Stock, $0.01 par value per share, 30,000 shares authorized; 6,867 shares issued and outstanding as of September 30, 2025 and December 31, 2024.