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Subsequent Event
 12 Months Ended
Dec. 31, 2024
Subsequent Event  
Subsequent Event

Note 21 – Subsequent Event

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On January 20, 2025, the Company received notice from Pilot Travel Centers, LLC (“Pilot”) of non-renewal of the Liquified Natural Gas Fueling Station and LNG Master Sales Agreement, dated August 2, 2010 (“the agreement” or “Pilot Agreement”), which expires August 1, 2025, in accordance with the agreement. In the correspondence, Pilot indicated the willingness to negotiate terms to a new agreement.

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If a new agreement is not reached, the Company would abandon and remove its assets located at 55 Pilot stations. In connection with the potential removal of station equipment and site improvements, the Company may recognize up to approximately $55.0 million in accelerated depreciation expense relating to the change in depreciable life of the 55 station assets. Amounts associated with the accelerated depreciation expense would be included in “Depreciation and amortization” at the time the Company decides to abandon the station assets.

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