Stock Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of restricted stock awards

Transactions and other information related to restricted stock awards issued under the 2024 Equity Incentive Plan are as follows:

	Restricted Stock Awards	Weighted Average Grant Date Fair Value
	(share amounts in thousands)
Unvested balance, December 31, 2023	—	$	—
Granted	1,478	23.09
Unvested balance, December 31, 2024	1,478	$	23.09

Transactions and other information related to restricted interests are as follows:

	Class C Restricted Interests	Weighted Average Grant Date Fair Value
	(units in thousands)
Unvested balance, December 31, 2021	496	$	2.66
Vested	(248)	2.66
Unvested balance, December 31, 2022	248	2.66
Vested	(248)	2.66
Unvested balance, December 31, 2023	—	$	—

Schedule of option activity

Transactions and other information related to options are as follows:

	Class C Restricted Options	Weighted Average Grant Date Fair Value
	(units in thousands)
Outstanding, December 31, 2021	2,512	$	1.18
Exercised	(1,256)	1.18
Outstanding, December 31, 2022	1,256	1.18
Exercised	(1,256)	1.18
Outstanding, December 31, 2023	—	$	—

The following table sets forth the number of forfeited and cancelled options:

	For the Year Ended December 31,
	2023	2022
	(units in thousands)
Class C options - forfeited and cancelled	691	702

Schedule of Share-Based Payment Arrangement, Expected Future Stock Compensation Expense

Future stock compensation expense based on current stock-based awards is estimated to be as follows:

	2025		2026		2027		2028		2029
					(in thousands)
Stock compensation expense	$	8,896	$	8,354	$	8,354	$	7,554	$	108