Equity (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Schedule 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
September 30, 2024	$	0.28	$	22,185	November 27, 2024	November 19, 2024
June 30, 2024	$	0.30	$	24,071	August 30, 2024	August 19, 2024
March 31, 2024	$	0.41	$	33,066	May 31, 2024	May 21, 2024
December 31, 2023	$	0.51	$	41,950	March 28, 2024	March 15, 2024
September 30, 2023	$	0.49	$	40,396	November 30, 2023	November 21, 2023
June 30, 2023	$	0.40	$	32,705	August 31, 2023	August 18, 2023
March 31, 2023	$	0.50	$	40,743	May 31, 2023	May 19, 2023
December 31, 2023	$	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 Year Ended December 31,
	2024		2023		2022
Numerator:
Net income (loss) attributable to Class A stockholders	$	40,946	$	(15,536)	$	15,701
Less: Earnings allocated to participating securities	(1,165)		(1,049)		(579)
Net income (loss) attributable to Class A stockholders - basic and diluted	$	39,781	$	(16,585)	$	15,122
Denominator:
Weighted average shares outstanding - basic	80,621		81,269		13,723
Effect of dilutive securities	235		—		—
Weighted average shares outstanding - diluted	80,856		81,269		13,723
Net income (loss) per common share - basic	$	0.49	$	(0.20)	$	1.10
Net income (loss) per common share - diluted	$	0.49	$	(0.20)	$	1.10

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):

	Year Ended December 31,
	2024	2023	2022
Warrants	—	3,406	5,312
Unvested share-based compensation awards	1,429	879	302
Shares of Class C Common Stock if converted	74,026	74,731	71,146
Total	75,455	79,016	76,760