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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Financial and Non-Financial Assets and Liabilities by Valuation Level
The following tables summarize the Company’s financial and non-financial assets and liabilities by valuation level as of September 30, 2022 and December 31, 2021 (in thousands):
Successor
 September 30, 2022
Level 1Level 2Level 3
Assets:
Derivative instruments$— $77,677 $— 
Contingent consideration arrangement— — 4,900 
Total assets$— $77,677 $4,900 
Liabilities:
Derivative instruments $— $1,116,533 $— 
Successor
 December 31, 2021
Level 1Level 2Level 3
Assets:
Derivative instruments$— $23,359 $— 
Contingent consideration arrangement— — 5,800 
Total assets$— $23,359 $5,800 
Liabilities:
Derivative instruments $— $425,315 $—