Equity (Tables)

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Summary of Quarterly Dividends

The following table summarizes the quarterly dividends related to the Company’s quarterly financial results (in thousands, except per share data):

Quarter Ended	Total Quarterly Dividend per Class A Common Share		Class A Cash Dividends Paid		Payment Date	Stockholder record date
December 31, 2022	$	0.60	$	48,107	March 31, 2023	March 17, 2023
September 30, 2022	$	0.72	$	9,148	November 30, 2022	November 21, 2022
June 30, 2022	$	0.71	$	9,017	August 31, 2022	August 18, 2022

Schedule of basic and diluted earnings per Share

The following table sets forth the calculation of basic and diluted earnings per share for the periods indicated (in thousands, except per share data):

	For the Three Months Ended March 31,
	2023			2022
Numerator:
Net income attributable to Class A stockholders	$	22,653		$	—
Less: Earnings allocated to participating securities		(400	)		—
Net income attributable to Class A stockholders - basic	$	22,253		$	—
Plus: net income attributable to noncontrolling interest		25,066
Net income attributable to Class A stockholders - diluted	$	47,319		$	—
Denominator:
Weighted average shares outstanding - basic		80,178			—
Effect of dilutive securities		—			—
Weighted average shares outstanding - diluted		80,178			—
Net income per common share - basic	$	0.28		$	—
Net income per common share - diluted	$	0.28		$	—

Schedule of computation of diluted earnings per share

The Company had the following shares that were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive for the periods presented but could potentially dilute basic earnings per share in future periods (in thousands):

	Three Months Ended March 31,
	2023		2022
Warrants		5,312		—
Unvested share-based compensation awards		651		—
Total		5,963		—