XML 85 R32.htm IDEA: XBRL DOCUMENT
v3.22.4

CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS | 12 Months Ended
--- | ---
Dec. 31, 2022
CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS |
CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS | 24.CONCENTRATION OF CREDIT RISK AND MAJOR CUSTOMERS ​ The international coal market has been a part of our business with indirect sales to end-users in Europe, Africa, Asia, North America and South America. Our sales into the international coal market are considered exports and are made through brokered transactions. During the years ended December 31, 2022, 2021 and 2020, export tons represented approximately 12.5%, 12.5% and 3.3% of tons sold, respectively. ​ Because title to our export shipments typically transfers to our brokerage customers at a point that does not necessarily reflect the end-usage point, we attribute export tons to the country with the end-usage point, if known. No individual country was attributed greater than 10% of total domestic and export tons sold during the years ended December 31, 2022, 2021 and 2020. ​ We have significant long-term coal supply agreements, some of which contain prospective price adjustment provisions designed to reflect changes in market conditions, labor and other production costs and, in the infrequent circumstance when the coal is sold other than free on board the mine, changes in transportation rates. A major customer is defined as a customer from which we derive at least ten percent of our total revenues, including transportation revenues. Total revenues from major customers are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Year Ended December 31, |
​ |  | Segment |  | 2022 | ​ | 2021 | ​ | 2020 |
​ | ​ | ​ | ​ | (in thousands) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Customer A |  | Illinois Basin | ​ | $ | 328,406 | ​ | $ | 239,482 | ​ | $ | 197,379 | ​
Customer B | ​ | Illinois Basin | ​ | ​ | 260,146 | ​ | ​ | — | ​ | ​ | 157,271 | ​
Customer C | ​ | Illinois Basin/Appalachia | ​ | ​ | 228,480 | ​ | ​ | — | ​ | ​ | — | ​
Customer D |  | Illinois Basin/Appalachia | ​ |  | — | ​ | ​ | — | ​ |  | 137,785 | ​
​ Trade accounts receivable from major customers totaled approximately $63.6 million and $10.8 million at December 31, 2022 and 2021, respectively. Our credit loss experience has historically been insignificant. Financial conditions of our customers could result in a material change to our credit loss expense in future periods. The coal supply agreements with Customers A, B and C expire in 2026, 2029 and 2024 respectively.

X
- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI https://asc.fasb.org/topic&trid=2134479 + Details
Name: | us-gaap_ConcentrationRiskDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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