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CONSOLIDATED AND COMBINED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 27,785 $ 29,367
Restricted cash and cash equivalents 119,511 58,112
Accounts receivable, net 52,994 55,990
Other current assets 19,561 42,034
Total current assets 219,851 185,503
Leasing equipment, net 37,453 35,587
Operating lease right-of-use assets, net 67,937 69,748
Property, plant, and equipment, net 1,653,468 1,630,829
Investments 12,529 72,701
Intangible assets, net 46,229 52,621
Goodwill 275,367 275,367
Other assets 61,554 57,253
Total assets 2,374,388 2,379,609
Current liabilities:    
Accounts payable and accrued liabilities 176,425 130,796
Operating lease liabilities 7,172 7,218
Other current liabilities 18,603 12,623
Total current liabilities 250,794 150,637
Debt, net 1,539,241 1,340,910
Operating lease liabilities 60,893 62,441
Other liabilities 67,104 87,530
Total liabilities 1,918,032 1,641,518
Commitments and contingencies 0 0
Redeemable preferred stock ($0.01 par value per share; 200,000,000 shares authorized; 300,000 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively; redemption amount of $431.8 million and $446.5 million as of December 31, 2024 and December 31, 2023, respectively) 381,218 325,232
Equity    
Common stock ($0.01 par value per share; 2,000,000,000 shares authorized; 113,934,860 and 100,589,572 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively) 1,139 1,006
Additional paid in capital 764,381 843,971
Accumulated deficit (405,818) (182,173)
Accumulated other comprehensive loss (157,051) (178,515)
Stockholders' equity 202,651 484,289
Non-controlling interests in equity of consolidated subsidiaries (127,513) (71,430)
Total equity 75,138 412,859
Total liabilities, redeemable preferred stock and equity 2,374,388 2,379,609
Debt, net $ 48,594 $ 0