CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net (loss) income	$ (130,169)	$ 134,801	$ 118,683
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Gain on reversal of legal accrual	(9,455)	0	0
Equity-based compensation	147,372	0	0
Depreciation and amortization	9,005	8,325	7,691
Non-cash lease expense	12,613	12,914	11,405
Provision for credit losses on accounts receivable	(1,198)	(870)	(328)
Amortization of discount on held-to-maturity debt securities	(412)	(1,064)	(696)
Deferred income tax	(511)	(102)	171
Reserves on loans and notes receivable from related parties	2,664	3,671	500
Net loss from equity restructuring	193,163	0	0
Other, net	145	(30)	651
Changes in operating assets and liabilities:
Accounts receivable	(4,372)	(7,876)	(14,519)
Prepaid expenses and other current assets	(12,688)	348	(2,348)
Other assets	(1,598)	0	0
Accounts payable and other accrued expenses	2,189	6,376	4,400
Accrued payroll and benefits	12,036	9,797	(1,863)
Deferred revenue	(3,059)	1,281	(1,083)
Other current liabilities	(16,921)	173	2,521
Operating lease liabilities	(15,358)	(12,297)	(13,491)
Other liabilities	1,173	(3,136)	6,372
Net cash provided by operating activities	184,619	152,311	118,066
Cash flows from investing activities:
Purchases of held-to-maturity debt securities	0	(28,198)	(36,964)
Proceeds from maturity of held-to-maturity debt securities	22,783	23,132	30,288
Issuance of loans and notes receivable from related parties	(2,873)	(6,286)	(4,133)
Proceeds from loans and notes receivable from related parties	1,762	2,114	3,690
Payments for purchases of property and equipment	(10,345)	(8,596)	(4,899)
Payments for capitalized internal-use software costs	(717)	(622)	(606)
Net cash provided by (used in) investing activities	10,610	(18,456)	(12,624)
Cash flows from financing activities:
Proceeds from IPO, net of underwriting discounts and commissions	188,232	0	0
Payments of deferred offering costs	(8,114)	(615)	0
Proceeds from issuance of Class B common stock	10	0	0
Deferred consideration payments for business combination	(800)	(800)	(800)
Principal payments under finance lease obligations	(117)	(105)	(139)
Distributions paid	(212,153)	(116,050)	(90,300)
Net cash used in financing activities	(32,942)	(117,570)	(91,239)
Net change in cash and cash equivalents	162,287	16,285	14,203
Cash and cash equivalents at beginning of period	87,993	71,708	57,505
Cash and cash equivalents at end of period	250,280	87,993	71,708
Supplemental disclosures
Interest paid	217	12	18
Income taxes paid	3,222	2,380	1,557
Non-cash investing and financing transactions
Property and equipment acquired through finance leases	32	0	331
Right-of-use assets obtained in exchange for lease liabilities	19,560	9,429	8,061
Right-of-use asset and lease liability adjustments due to remeasurement	(1,751)	0	0
Purchases of property and equipment included in accounts payable and other accrued expenses	1,185	0	0
Unpaid deferred offering costs included in accounts payable and other accrued expenses	1,209	0	0
Reclassification of deferred offering costs paid in prior year to additional paid-in-capital upon IPO	615	0	0
Distributions payable	52,745	0	0
Issuance of notes payable to related parties	156,922	0	0
Settlement of deferred compensation liability with LTIP Unit issuance	1,477	0	0
Related Party
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Reserves on loans and notes receivable from related parties	$ 2,664	$ 3,671	$ 500