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Investment in Laramie Energy (Tables)
12 Months Ended
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Change in Equity Investment
The change in our equity investment in YELP is as follows (in thousands):
Year Ended December 31,
20242023
Beginning balance$59,824 $— 
Acquisition of investment— 58,019 
Equity earnings from YELP
5,055 8,059 
Depreciation of basis difference(1,392)(696)
Dividends received(6,320)(5,558)
Ending balance$57,167 $59,824 
The change in our equity investment in YPLC is as follows (in thousands):
Year Ended December 31,
20242023
Beginning balance$27,662 $— 
Acquisition of investment— 28,581 
Equity earnings from YPLC
8,090 4,392 
Accretion of basis difference152 89 
Dividends received(6,760)(5,400)
Ending balance$29,144 $27,662 
The change in our equity investment in Laramie Energy is as follows (in thousands):
Year Ended December 31,
20242023
Beginning balance$14,279 $— 
Equity earnings (losses) from Laramie Energy(6,753)19,471 
Accretion of basis difference6,457 5,514 
Distribution received(1,485)(10,706)
Ending balance
$12,498 $14,279