XML 90 R80.htm IDEA: XBRL DOCUMENT v3.23.2
Fair Value Measurements - Fair Value Amounts by Hierarchy Level (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Liabilities    
Warehouse stock and other $ 376,931 $ 307,701
Renewable Identification Numbers “RINs” and Environmental Credits    
Liabilities    
Warehouse stock and other 293,300 258,200
Fair Value, Measurements, Recurring    
Assets    
Assets, fair value disclosure, gross 179,823  
Derivative assets, at fair value, net (179,280)  
Financial and nonfinancial assets, fair value disclosure 543  
Liabilities    
Liabilities, fair value disclosure, gross (636,753) (727,916)
Derivative liabilities, at fair value, net 179,280 169,415
Financial and nonfinancial liabilities, fair value disclosure (457,473) (558,501)
Fair Value, Measurements, Recurring | Prepaid and other current assets and other noncurrent assets    
Liabilities    
Cash collateral 39,500 50,300
Fair Value, Measurements, Recurring | Level 1    
Assets    
Assets, fair value disclosure, gross 167,336  
Liabilities    
Liabilities, fair value disclosure, gross (178,093) (172,529)
Fair Value, Measurements, Recurring | Level 2    
Assets    
Assets, fair value disclosure, gross 12,487  
Liabilities    
Liabilities, fair value disclosure, gross (453,076) (557,666)
Fair Value, Measurements, Recurring | Level 3    
Assets    
Assets, fair value disclosure, gross 0  
Liabilities    
Liabilities, fair value disclosure, gross (5,584) 2,279
Fair Value, Measurements, Recurring | Exchange Traded | Commodity derivatives    
Assets    
Gross Fair Value 179,280 169,910
Effect of Counter-Party Netting (179,280) (169,415)
Net Carrying Value on Balance Sheet 0 495
Liabilities    
Gross Fair Value (198,138) (180,404)
Effect of Counter-Party Netting 179,280 169,415
Net Carrying Value on Balance Sheet (18,858) (10,989)
Fair Value, Measurements, Recurring | Exchange Traded | Interest rate derivatives    
Assets    
Gross Fair Value 543  
Effect of Counter-Party Netting 0  
Net Carrying Value on Balance Sheet 543  
Fair Value, Measurements, Recurring | Exchange Traded | J. Aron repurchase obligation derivative    
Liabilities    
Gross Fair Value (6,628) (12,156)
Effect of Counter-Party Netting 0 0
Net Carrying Value on Balance Sheet (6,628) (12,156)
Fair Value, Measurements, Recurring | Exchange Traded | MLC terminal obligation derivative    
Liabilities    
Gross Fair Value 1,044 14,435
Effect of Counter-Party Netting 0 0
Net Carrying Value on Balance Sheet 1,044 14,435
Fair Value, Measurements, Recurring | Exchange Traded | Gross environmental credit obligations    
Liabilities    
Gross Fair Value (433,031) (549,791)
Effect of Counter-Party Netting 0 0
Net Carrying Value on Balance Sheet (433,031) (549,791)
Fair Value, Measurements, Recurring | Exchange Traded | Level 1 | Commodity derivatives    
Assets    
Gross Fair Value 167,336 161,541
Liabilities    
Gross Fair Value (178,093) (172,529)
Fair Value, Measurements, Recurring | Exchange Traded | Level 1 | Interest rate derivatives    
Assets    
Gross Fair Value 0  
Fair Value, Measurements, Recurring | Exchange Traded | Level 1 | J. Aron repurchase obligation derivative    
Liabilities    
Gross Fair Value 0 0
Fair Value, Measurements, Recurring | Exchange Traded | Level 1 | MLC terminal obligation derivative    
Liabilities    
Gross Fair Value 0 0
Fair Value, Measurements, Recurring | Exchange Traded | Level 1 | Gross environmental credit obligations    
Liabilities    
Gross Fair Value 0 0
Fair Value, Measurements, Recurring | Exchange Traded | Level 2 | Commodity derivatives    
Assets    
Gross Fair Value 11,944 8,369
Liabilities    
Gross Fair Value (20,045) (7,875)
Fair Value, Measurements, Recurring | Exchange Traded | Level 2 | Interest rate derivatives    
Assets    
Gross Fair Value 543  
Fair Value, Measurements, Recurring | Exchange Traded | Level 2 | J. Aron repurchase obligation derivative    
Liabilities    
Gross Fair Value 0 0
Fair Value, Measurements, Recurring | Exchange Traded | Level 2 | MLC terminal obligation derivative    
Liabilities    
Gross Fair Value 0 0
Fair Value, Measurements, Recurring | Exchange Traded | Level 2 | Gross environmental credit obligations    
Liabilities    
Gross Fair Value (433,031) (549,791)
Fair Value, Measurements, Recurring | Exchange Traded | Level 3 | Commodity derivatives    
Assets    
Gross Fair Value 0 0
Liabilities    
Gross Fair Value 0 0
Fair Value, Measurements, Recurring | Exchange Traded | Level 3 | Interest rate derivatives    
Assets    
Gross Fair Value 0  
Fair Value, Measurements, Recurring | Exchange Traded | Level 3 | J. Aron repurchase obligation derivative    
Liabilities    
Gross Fair Value (6,628) (12,156)
Fair Value, Measurements, Recurring | Exchange Traded | Level 3 | MLC terminal obligation derivative    
Liabilities    
Gross Fair Value 1,044 14,435
Fair Value, Measurements, Recurring | Exchange Traded | Level 3 | Gross environmental credit obligations    
Liabilities    
Gross Fair Value $ 0 $ 0