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Income Taxes - Tax Expense Components and Reconciliation to Federal Statutory Rate (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current income tax expense:      
Federal $ 49,676 $ 50,911 $ 47,825
State and local 14,135 13,262 13,467
Total current income tax expense 63,811 64,173 61,292
Deferred income taxes (4,315) (6,286) (8,639)
Total income tax expense $ 59,496 $ 57,887 $ 52,653
Reconciliation of the statutory federal income tax rate to the effective income tax rate      
Federal income tax at statutory rate 21.00% 21.00% 21.00%
State and local income taxes, less federal income tax benefit 4.60% 4.20% 4.40%
Permanent differences 0.70% 0.30% 0.20%
Deferred income taxes — state income tax rate adjustment 0.00% (0.30%) (0.40%)
Revision to prior years’ estimated taxes 0.30% 0.40% (0.40%)
Stock-based compensation 0.00% (0.50%) (0.50%)
Non-controlling interest (0.60%) (0.50%) (0.60%)
Other (0.30%) (0.70%) (0.50%)
Effective income tax rate 25.70% 23.90% 23.20%