CONSOLIDATED AND COMBINED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (unaudited) - USD ($) $ in Thousands	Total	Common Stock	Common Stock	Additional Paid In Capital	Additional Paid In Capital Common Stock	Accumulated Deficit	Accumulated Other Comprehensive Loss	Non-Controlling Interest in Equity of Consolidated Subsidiaries
Beginning balance at Dec. 31, 2024	$ 75,138		$ 1,139	$ 764,381		$ (405,818)	$ (157,051)	$ (127,513)
Increase (Decrease) in Partners' Capital [Roll Forward]
Net loss	120,164					131,565		(11,401)
Other comprehensive income	157,994						157,994
Total comprehensive (loss) income	278,158		0	0		131,565	157,994	(11,401)
Settlement of equity-based compensation	(545)							(545)
Issuance of common shares		$ 10	9		$ 1
Issuance of warrants	1,014			1,014
Issuance of Manager options	7,358			7,358
Dividends declared on common stock	(3,443)			(3,443)
Dividends and accretion of redeemable preferred stock	(21,841)			(21,841)
Equity-based compensation	1,253			895				358
Ending balance at Mar. 31, 2025	337,102		1,148	748,365		(274,253)	943	(139,101)
Beginning balance at Dec. 31, 2025	(146,237)		1,163	623,771		(512,992)	(90,618)	(167,561)
Increase (Decrease) in Partners' Capital [Roll Forward]
Net loss	(127,211)					(112,951)		(14,260)
Other comprehensive income	3,323						3,323
Total comprehensive (loss) income	(123,888)		0	0		(112,951)	3,323	(14,260)
Settlement of equity-based compensation	(2,823)			(2,340)				(483)
Issuance of common shares		$ 0	19		$ (19)
Distributions to non-controlling interest	(360)							(360)
Dividends declared on common stock	(3,545)			(3,545)
Dividends and accretion of redeemable preferred stock	(37,221)			(37,221)
Equity-based compensation	10,978			8,947				2,031
Ending balance at Mar. 31, 2026	$ (303,096)		$ 1,182	$ 589,593		$ (625,943)	$ (87,295)	$ (180,633)