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Fair Value Disclosures (Tables)
 3 Months Ended
Mar. 31, 2025
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, 2025
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)		Significant Other
Observable Inputs
(Level 2)		Total
Assets
Cash and cash equivalents$98,610 $— $98,610 
Restricted cash27,993 — 27,993 
Inventories carried at market— 21,930 21,930 
Derivative financial instruments - assets— 9,765 9,765 
Total assets measured at fair value$126,603 $31,695 $158,298 
Liabilities
Accounts payable (1)
$— $15,110 $15,110 
Derivative financial instruments - liabilities— 12,038 12,038 
Other liabilities (2)
— 1,062 1,062 
Total liabilities measured at fair value$— $28,210 $28,210 
 Fair Value Measurements at December 31, 2024
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)		Significant Other
Observable Inputs
(Level 2)		Total
Assets
Cash and cash equivalents$173,041 $— $173,041 
Restricted cash36,354 — 36,354 
Inventories carried at market— 48,500 48,500 
Derivative financial instruments - assets— 10,154 10,154 
Total assets measured at fair value$209,395 $58,654 $268,049 
Liabilities
Accounts payable (1)
$— $23,208 $23,208 
Accrued and other liabilities (2)
— 2,094 2,094 
Derivative financial instruments - liabilities— 4,791 4,791 
Other liabilities (2)
— 979 979 
Total liabilities measured at fair value$— $31,072 $31,072 
(1)Accounts payable is generally stated at historical amounts with the exception of $15.1 million and $23.2 million at March 31, 2025 and December 31, 2024, 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)Accrued and other liabilities includes $2.1 million at December 31, 2024, while other liabilities includes $1.1 million and $1.0 million of consideration related to potential earn-out payments recorded at fair value at March 31, 2025 and December 31, 2024, respectively.