XML 51 R43.htm IDEA: XBRL DOCUMENT v3.24.3

Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Schedule of Finance Lease Liabilities

Finance lease liabilities as of September 30, 2024 and December 31, 2023 consisted of the following (in thousands):

	September 30, 2024				December 31, 2023
Finance lease liabilities	$	196,635			$	211,887
Less current portion of finance lease liabilities		(23,115	)			(22,080	)
Finance lease liabilities, long-term	$	173,520			$	189,807

Schedule of Maturities of Operating and Finance Lease Liabilities

A maturity analysis of the Company’s operating and finance lease liabilities (excluding short-term leases) at September 30, 2024 is as follows (in thousands):

Year	Operating				Finance
Remainder of 2024	$	501			$	8,312
2025		1,811				33,235
2026		1,426				33,235
2027		1,022				33,235
2028		886				27,584
Thereafter		449				113,152
Total lease payments	$	6,095			$	248,753
Less: imputed interest		(673	)			(52,118	)
Carrying value of lease liabilities		5,422				196,635
Less: current portion		(1,639	)			(23,115	)
Carrying value of long-term lease liabilities	$	3,783			$	173,520

Schedule of Total Lease Cost

The Company’s total lease costs for the three and nine months ended September 30, 2024 and 2023 recognized in the consolidated statements of income consisted of the following (in thousands):

	For the three months ended September 30,								For the nine months ended September 30,
	2024				2023				2024				2023
Amortization of finance lease right-of-use assets	$	434			$	652			$	1,739			$	2,835
Interest on finance lease liabilities		3,123				3,436				9,609				11,709
Operating lease expense		426				2,483				1,316				13,325
Short-term lease expense		274				113				808				378
Total lease costs	$	4,257			$	6,684			$	13,472			$	28,247

Schedule of Other Information Related to Leases

Other information related to leases for the three and nine months ended September 30, 2024 and 2023 are as follows (in thousands):

	For the three months ended September 30,								For the nine months ended September 30,
	2024				2023				2024				2023
Operating cash flows for finance leases	$	3,123			$	3,436			$	9,609			$	11,709
Financing cash flows for finance leases		5,172				4,909				15,252				15,661
Operating cash flows for operating leases		495				2,520				1,600				13,697

X

- Definition

Schedule of finance lease liabilities.

+ References

No definition available.

+ Details

Name:	ee_ScheduleOfFinanceLeaseLiabilitiesTableTextBlock
Namespace Prefix:	ee_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of maturities of operating and finance lease liabilities.

+ References

No definition available.

+ Details

Name:	ee_ScheduleOfMaturitiesOfOperatingAndFinanceLeaseLiabilitiesTableTextBlock
Namespace Prefix:	ee_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of Other Information related to leases.

+ References

No definition available.

+ Details

Name:	ee_ScheduleOfOtherInformationRelatedToLeasesTableTextBlock
Namespace Prefix:	ee_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration