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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 24,632 $ 22,822
Restricted cash 3,814 2,377
Accounts receivable 80,098 77,058
Other current assets 3,609 16,014
Total current assets 112,153 118,271
Property, plant and equipment, net 1,850,448 1,785,029
Intangible assets, net 156,892 154,279
Investment in equity method investee 267,456 269,561
Other noncurrent assets 26,565 32,344
TOTAL ASSETS 2,413,514 2,359,484
LIABILITIES AND EQUITY    
Trade accounts payable 36,255 25,162
Accrued expenses 25,868 38,176
Deferred revenue 8,862 9,595
Ad valorem taxes payable 11,415 9,544
Accrued compensation and employee benefits 7,157 11,222
Accrued interest 9,480 21,711
Accrued environmental remediation 1,796 1,430
Accrued settlement payable 10,260 6,667
Current portion of long-term debt 16,865 16,580
Other current liabilities 19,489 34,714
Total current liabilities 147,447 174,801
Deferred tax liabilities, net 76,321 63,326
Long-term debt, net 1,065,048 976,995
Noncurrent deferred revenue 19,532 25,373
Noncurrent accrued environmental remediation 203 768
Other noncurrent liabilities 7,917 20,150
TOTAL LIABILITIES 1,316,468 1,261,413
Commitments and contingencies (See Note 9)
Mezzanine Equity    
Subsidiary Series A Preferred Units (93,039 issued and outstanding as of September 30, 2025 and December 31, 2024) 139,101 132,946
Equity    
Additional paid-in capital 636,017 540,714
Accumulated deficit (194,826) (183,333)
Total Company Stockholders’ equity 551,866 467,792
Noncontrolling interest 406,079 497,333
Total Equity 957,945 965,125
TOTAL LIABILITIES AND EQUITY 2,413,514 2,359,484
Series A Preferred Stock    
Equity    
Series A Preferred Stock (65,508 authorized, issued and outstanding as of September 30, 2025 and December 31, 2024) 110,488 110,230
Common Stock    
Equity    
Common stock, value issued 122 106
Class B Common Stock    
Equity    
Common stock, value issued $ 65 $ 75