Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share - Schedule of Earnings Per Share Basic by Common Class (Detail)

v3.22.1
Earnings Per Share - Schedule of Earnings Per Share Basic by Common Class (Detail) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Numerator    
Net loss $ (63,995) $ 124,320
Less: loss attributable to noncontrolling interests [1] (55,502)  
Net loss attributable to holders of Class A Common Stock - basic $ (8,493)  
Denominator    
Weighted average shares of Class A Common Stock outstanding - basic 60,773,891 0
Basic net loss per share $ (0.14) $ 0
[1] The Class A LLC Units of FoA Equity, held by the Continuing Unitholders, which comprise the noncontrolling interest in the Company, represents a participating security. Therefore, the numerator was adjusted to reduce net income by the amount of net income attributable to noncontrolling interests.