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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense

Components of income tax expense related to net income were as follows (in thousands):

		For the Year Ended December 31,
		2023				2022				2021
Current
U.S. federal		$	502			$	1,976			$	329
U.S. state			451				491				207
Total current			953				2,467				536
Deferred
U.S. federal			946				(2,236	)			(3,927	)
U.S. state			626				483				166
Total deferred			1,572				(1,753	)			(3,761	)
Income tax expense (benefit)		$	2,525			$	714			$	(3,225	)

Schedule of Difference Between Actual Income Tax Provision and Income Taxes

The difference between the actual income tax provision and income taxes computed by applying the U.S. federal statutory rate to earnings (losses) before income taxes is attributable to the following (in thousands):

		For the Year Ended December 31,
		2023				2022				2021
Consolidated income from continuing operations before income    taxes - all domestic		$	45,117			$	64,410			$	18,429
Income from continuing operations before income taxes of    non-taxable entities			(34,797	)			(65,466	)			(37,072	)
Income (loss) from continuing operations before income taxes of    corporate entities			10,320				(1,056	)			(18,643	)
Federal income tax expense (benefit) at statutory rate			2,167				(222	)			(3,915	)
Increase (decrease) due to:
State income taxes, net of federal income tax benefit			421				974				372
Other			(63	)			(38	)			318
Total income tax expense (benefit)		$	2,525			$	714			$	(3,225	)

Schedule of Deferred Tax Assets and Liabilities

The tax effects of significant temporary differences representing deferred income tax assets and liabilities were as follows (in thousands):

		December 31,
		2023				2022
Deferred income tax assets:
Operating and finance lease obligations		$	29,193			$	33,318
Asset retirement obligations			11,045				10,745
Intangible assets			7,887				8,505
Net operating losses (a)			5,331				5,913
Other assets and liabilities			7,394				6,678
Total deferred income tax assets			60,850				65,159
Deferred income tax liabilities:
Deferred rent income			841				855
Property and equipment			46,223				45,440
Right-of-use assets			25,946				29,452
Total deferred income tax liabilities			73,010				75,747
Net deferred income tax liabilities		$	12,160			$	10,588

(a)Includes a federal deferred tax asset of $3.7 million related to a $16.7 million federal net operating loss that has no expiration.

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 9
-Section 50
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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