XML 66 R55.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Revolving Credit Facilities (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
May 31, 2023
USD ($)
May 05, 2022
USD ($)
Oct. 06, 2021
USD ($)
Federal Funds Open Rate          
Short-term Debt [Line Items]          
Basis spread on variable rate 0.50%        
Federal Funds Open Rate | Midstream          
Short-term Debt [Line Items]          
Basis spread on variable rate 0.50%        
One-Month SOFR          
Short-term Debt [Line Items]          
Basis spread on variable rate 1.00%        
One-Month SOFR | Midstream          
Short-term Debt [Line Items]          
Basis spread on variable rate 1.00%        
One-Month SOFR | Minimum          
Short-term Debt [Line Items]          
Basis spread on variable rate 0.75%        
One-Month SOFR | Minimum | Midstream          
Short-term Debt [Line Items]          
Basis spread on variable rate 1.00%        
One-Month SOFR | Maximum          
Short-term Debt [Line Items]          
Basis spread on variable rate 1.75%        
One-Month SOFR | Maximum | Midstream          
Short-term Debt [Line Items]          
Basis spread on variable rate 2.00%        
Secured Overnight Financing Rate (SOFR) | Minimum          
Short-term Debt [Line Items]          
Basis spread on variable rate 1.85%        
Secured Overnight Financing Rate (SOFR) | Minimum | Midstream          
Short-term Debt [Line Items]          
Basis spread on variable rate 2.10%        
Secured Overnight Financing Rate (SOFR) | Maximum          
Short-term Debt [Line Items]          
Basis spread on variable rate 2.85%        
Secured Overnight Financing Rate (SOFR) | Maximum | Midstream          
Short-term Debt [Line Items]          
Basis spread on variable rate 3.10%        
Revolving Credit Facility          
Short-term Debt [Line Items]          
Elected commitments     $ 1,350,000 $ 1,300,000  
Initial borrowing base       $ 2,250,000  
Percentage of aggregate commitments available under credit facility 20.00%        
Minimum current ratio 1.00        
Letters of credit outstanding $ 43,603 $ 43,684      
Borrowings and issuance of letters of credit remaining capacity 1,231,397 1,254,266      
Borrowings outstanding $ 75,000 $ 52,050      
Weighted average interest rate 7.18% 7.64%      
Revolving Credit Facility | Midstream          
Short-term Debt [Line Items]          
Borrowings and issuance of letters of credit remaining capacity $ 508,650        
Letters of credit aggregate sub-limit         $ 600,000
Interest coverage ratio 2.50        
Borrowings outstanding $ 91,350 $ 105,150      
Weighted average interest rate 7.46% 7.50%      
Revolving credit available for borrowing   $ 494,850      
Revolving Credit Facility | Minimum | Midstream          
Short-term Debt [Line Items]          
Maximum net leverage ratio 5.00        
Revolving Credit Facility | Maximum          
Short-term Debt [Line Items]          
Net leverage ratio 3.50        
Revolving Credit Facility | Maximum | Midstream          
Short-term Debt [Line Items]          
Maximum net leverage ratio 5.25        
Secured leverage ratio 3.25