XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.24.3

Long-Term Debt (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Long-Term Debt, Other Disclosure [Abstract] |
Schedule of Long-Term Debt |
| September 30, 2024 |  | December 31, 2023
Senior Notes due January 2029 at 6.00%, Issued at Par Value | $ | 500,000 |  |  | $ | 500,000 |
Senior Notes due January 2031 at 7.375% (Principal of $500,000 less Unamortized Discount of $4,743 and $5,308, respectively) | 495,257 |  |  | 494,692 |
CNX Midstream Partners LP Senior Notes due April 2030 at 4.75% (Principal of $400,000 less Unamortized Discount of $3,221 and $3,654, respectively)* | 396,779 |  |  | 396,346 |
Senior Notes due March 2032 at 7.25% (Principal of $400,000 less Unamortized Discount of $4,635) | 395,365 |  |  | — |
Convertible Senior Notes due May 2026 at 2.25% (Principal of $330,654 less Unamortized Discount and Issuance Costs of $3,145 and $4,586, respectively) | 327,509 |  |  | 326,068 |
CNX Revolving Credit Facility | 153,250 |  |  | 52,050 |
CNX Midstream Partners LP Revolving Credit Facility* | 26,650 |  |  | 105,150 |
Senior Notes due March 2027 at 7.25% (Principal of $350,000 plus Unamortized Premium of $1,728) | — |  |  | 351,728 |
Less: Unamortized Debt Issuance Costs | 9,919 |  |  | 11,660 |
| 2,284,891 |  |  | 2,214,374 |
Less: Current Portion | 327,236 |  |  | 325,668 |
Long-Term Debt | $ | 1,957,655 |  |  | $ | 1,888,706 |
*CNX is not a guarantor of CNXM's 4.75% Senior Notes due April 2030 or the CNXM Credit Facility.
Convertible Debt | The net carrying amount of the liability and equity components of the Convertible Notes was as follows:
| September 30, 2024 |  | December 31, 2023
Liability Component: |  |  |
Principal | $ | 330,654 |  |  | $ | 330,654 |
Unamortized Issuance Costs | (3,145) |  |  | (4,586) |
Net Carrying Amount | $ | 327,509 |  |  | $ | 326,068 |
Fair Value | $ | 842,493 |  |  | $ | 537,465 |
Fair Value Hierarchy | Level 2 |  | Level 2
Interest expense related to the Convertible Notes is as follows:
| For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Contractual Interest Expense | $ | 1,860 |  |  | $ | 1,860 |  |  | $ | 5,580 |  |  | $ | 5,580 |
Amortization of Issuance Costs | 484 |  |  | 470 |  |  | 1,441 |  |  | 1,400 |
Total Interest Expense | $ | 2,344 |  |  | $ | 2,330 |  |  | $ | 7,021 |  |  | $ | 6,980 |

X
- Definition Tabular disclosure of convertible debt instrument. Includes, but is not limited to, principal amount and amortized premium or discount. + References No definition available. + Details
Name: | us-gaap_ConvertibleDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LongTermDebtOtherDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477734/942-470-50-3 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-8 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-6 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration