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Inventory Financing Agreements (Tables)

3 Months Ended

Mar. 31, 2021

Schedule Obligations Under Inventory Financing Agreements

The following table summarizes our outstanding obligations under our inventory financing agreements (in thousands):



	March 31, 2021		December 31, 2020
Supply and Offtake Agreements	$	466,071	$	312,185
Washington Refinery Intermediation Agreement	126,550		111,501
Obligations under inventory financing agreements	$	592,621	$	423,686

Schedule of Inventory Intermediation Fees

The following table summarizes the inventory intermediation fees, which are included in Cost of revenues (excluding depreciation) on our condensed consolidated statements of operations, and Interest expense and financing costs, net related to the intermediation agreements (in thousands):


	Three Months Ended March 31,
	2021		2020
Net fees and expenses:
Supply and Offtake Agreements
Inventory intermediation fees	$	3,770	$	6,870
Interest expense and financing costs, net	846		1,349
Washington Refinery Intermediation Agreement
Inventory intermediation fees	$	971	$	1,107
Interest expense and financing costs, net	977		997