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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 33,626 $ 27,785
Restricted cash and cash equivalents 414,637 119,511
Accounts receivable, net 68,150 52,994
Other current assets 22,632 19,561
Total current assets 539,045 219,851
Leasing equipment, net 37,195 37,453
Operating lease right-of-use assets, net 66,749 67,937
Property, plant, and equipment, net 3,232,712 1,653,468
Investments 17,730 12,529
Intangible Assets, Net (Excluding Goodwill) 45,223 46,229
Goodwill 401,229 275,367
Other assets 67,077 61,554
Total assets 4,406,960 2,374,388
Current liabilities:    
Accounts payable and accrued liabilities 223,498 176,425
Debt, net 82,754 48,594
Operating lease liabilities 7,268 7,172
Derivative liabilities 30,443 0
Other current liabilities 18,801 18,603
Total current liabilities 362,764 250,794
Debt, net 3,001,609 1,539,241
Operating lease liabilities 59,635 60,893
Derivative liabilities 138,340 0
Other liabilities 68,692 67,104
Total liabilities 3,631,040 1,918,032
Commitments and contingencies 0 0
Redeemable preferred stock 550,294 381,218
Equity    
Common stock ($0.01 par value per share; 2,000,000,000 shares authorized; 115,087,817 and 113,934,860 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively) 1,151 1,139
Additional paid in capital 724,514 764,381
Accumulated deficit (333,112) (405,818)
Accumulated other comprehensive loss (17,084) (157,051)
Stockholders' equity 375,469 202,651
Non-controlling interest in equity of consolidated subsidiaries (149,843) (127,513)
Total equity 225,626 75,138
Liabilities and Equity, Total 4,406,960 2,374,388
Series A Senior Preferred Shares    
Current liabilities:    
Redeemable preferred stock 397,652 381,218
Series B Preferred Stock    
Current liabilities:    
Redeemable preferred stock $ 152,642 $ 0