Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The Company's income tax (benefit) expense for continuing operations during the years ended December 31, 2024, 2023 and 2022 were the following:

	2024		2023		2022
Current:
Federal	$	3,625	$	18,444	$	43,327
State	178		4,285		12,026
Foreign	4,716		—		—
Total Current Tax Expense	8,519		22,729		55,353
Deferred:
Federal	(113,588)		(6,268)		6,317
State	(19,922)		(2,625)		1,369
Foreign	—		—		—
Total Deferred Taxes	(133,510)		(8,893)		7,686
Total Income Tax Expense (Benefit)	$	(124,991)	$	13,836	$	63,039

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of income taxes computed at the U.S. federal statutory income tax rate (21.0% for 2024, 2023 and 2022) to the provision for income taxes reflected in the Company’s Consolidated Statements of Comprehensive Income for the years ended December 31, 2024, 2023 and 2022 is as follows:

	2024		2023		2022
Tax expense at the statutory rate	$	(262,466)	$	11,894	$	50,915
State income taxes, net of federal income tax benefit	(19,538)		1,561		10,189
Share-based compensation	(16)		(537)		(840)
Other permanent differences	1,743		(36)		(30)
Non-deductible compensation	156		1,190		1,435
Non-controlling interest	65,772		—		—
Federal income tax credits	—		(34)		(107)
Foreign Tax Rate Differential	(1,019)		—		—
Impairment	42,081		—		—
Change in Valuation Allowance	57,614		—		—
Other	(9,318)		(202)		1,477
	$	(124,991)	$	13,836	$	63,039

Schedule of Significant Components of Deferred Tax Assets and Liabilities

The significant components of the deferred tax assets and liabilities at December 31, 2024 and 2023 were as follows:

	December 31, 2024		December 31, 2023
Deferred tax assets:
Accrued expenses	$	—	$	12,006
Allowance for doubtful accounts	47		565
Operating lease liabilities	1,318		29,658
Due diligence and transaction costs	—		13,953
Share-based compensation	2,297		4,995
Accruals for income tax contingencies	42		129
Capital Contributions	1		—
Net operating loss carryforwards	12,617		634
Foreign Tax Credit	894		—
Interest Disallowance	23,827		—
Unrealized Gain/Loss	14		—
Investment in Partnership	36,179		—
Total gross deferred tax assets	77,236		61,940
Valuation allowance	(72,508)		(395)
Total net deferred tax assets	4,728		61,545
Deferred tax liabilities:
Tax over book depreciation	4,047		33,373
Prepaid expenses	39		10,807
Operating lease right-of-use assets	1,391		28,559
Goodwill	—		23,744
Intangible assets	37,420		7,262
Total deferred tax liabilities	42,897		103,745
Net deferred tax liabilities	$	(38,169)	$	(42,200)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits as of and during the years ended December 31, 2024 and 2023 is as follows:

Balance at December 31, 2022	198
Reductions for settlement with state taxing authorities	(66)
Additions for tax positions of current year	21
Balance at December 31, 2023	$	153
Reductions for settlement with state taxing authorities	(66)
Reductions for tax positions of prior years	(213)
Additions from acquisition of Omni Newco, LLC	2,257
Balance at December 31, 2024	$	2,131