CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 37,860	$ 57,351
Restricted cash and cash equivalents	189,571	268,595
Accounts receivable, net	97,368	95,388
Other current assets	72,778	62,677
Total current assets	397,577	484,011
Leasing equipment, net	36,178	36,570
Operating lease right-of-use assets, net	149,274	133,493
Property, plant, and equipment, net	4,576,463	4,581,771
Investments	21,726	22,243
Intangible Assets, Net (Excluding Goodwill)	42,170	43,173
Goodwill	365,703	365,703
Other assets	99,441	81,697
Total assets	5,688,532	5,748,661
Current liabilities:
Accounts payable and accrued liabilities	251,870	280,707
Debt, net	25,433	65,438
Operating lease liabilities	11,090	9,108
Derivative liabilities	50,290	34,381
Other current liabilities	23,039	20,363
Total current liabilities	361,722	409,997
Debt, net	3,787,717	3,708,735
Operating lease liabilities	85,484	71,000
Deferred income tax liabilities	301,831	300,231
Derivative liabilities	158,648	189,116
Warrant liabilities	82,506	81,599
Other liabilities	90,562	44,000
Total liabilities	4,868,470	4,804,678
Commitments and contingencies	0	0
Redeemable preferred stock	1,123,158	1,090,220
Equity
Common stock ($0.01 par value per share; 2,000,000,000 shares authorized; 118,163,555 and 116,294,461 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively)	1,182	1,163
Additional paid in capital	589,593	623,771
Accumulated deficit	(625,943)	(512,992)
Accumulated other comprehensive loss	(87,295)	(90,618)
Stockholders' equity	(122,463)	21,324
Non-controlling interest in equity of consolidated subsidiaries	(180,633)	(167,561)
Total equity	(303,096)	(146,237)
Liabilities and Equity, Total	5,688,532	5,748,661
Series B Preferred Stock
Current liabilities:
Redeemable preferred stock	152,642	152,642
Series A Preferred Stock - Railco
Current liabilities:
Redeemable preferred stock	$ 970,516	$ 937,578