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Fair Value Disclosures (Tables)
 3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Assets and Liabilities at Fair Value The company’s assets and liabilities by level are as follows (in thousands):
Fair Value Measurements at March 31, 2024
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)		Significant Other
Observable Inputs
(Level 2)		Total
Assets
Cash and cash equivalents$237,302 $— $237,302 
Restricted cash40,080 — 40,080 
Inventories carried at market— 25,186 25,186 
Derivative financial instruments - assets— 6,955 6,955 
Other assets— 8 8 
Total assets measured at fair value$277,382 $32,149 $309,531 
Liabilities
Accounts payable (1)
$— $44,504 $44,504 
Accrued and other liabilities (2)
— 3,259 3,259 
Derivative financial instruments - liabilities— 6,642 6,642 
Other liabilities (2)
— 903 903 
Total liabilities measured at fair value$— $55,308 $55,308 
 Fair Value Measurements at December 31, 2023
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)		Significant Other
Observable Inputs
(Level 2)		Total
Assets
Cash and cash equivalents$349,574 $— $349,574 
Restricted cash29,188 — 29,188 
Inventories carried at market— 45,898 45,898 
Derivative financial instruments - assets— 13,311 13,311 
Total assets measured at fair value$378,762 $59,209 $437,971 
Liabilities
Accounts payable (1)
$— $54,716 $54,716 
Accrued and other liabilities (2)
— 9,917 9,917 
Derivative financial instruments - liabilities— 10,577 10,577 
Other liabilities (2)
— 659 659 
Total liabilities measured at fair value$— $75,869 $75,869 
(1)Accounts payable is generally stated at historical amounts with the exception of $44.5 million and $54.7 million at March 31, 2024 and December 31, 2023, respectively, related to certain delivered inventory for which the payable fluctuates based on changes in commodity prices. These payables are hybrid financial instruments for which the company has elected the fair value option.
(2)As of March 31, 2024 and December 31, 2023, respectively, accrued and other liabilities includes $3.3 million and $9.9 million and other liabilities includes $0.9 million and $0.7 million of consideration related to potential earn-out payments recorded at fair value.