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Derivatives (Tables)
6 Months Ended
Jun. 30, 2024
Derivatives [Abstract]  
Schedule of Derivatives not Designated as Hedging Instruments The classification and amounts of the Company’s derivatives not designated as hedging instruments, and related cash collateral balances, are as follows (in thousands):
   As of June 30, 2024 
   Assets   Liabilities 
Type of Instrument  Balance Sheet Location  Fair Value   Balance Sheet Location  Fair Value 
               
Cash collateral balance  Restricted cash  $1,287       
Commodity contracts  Derivative instruments  $5,606   Derivative instruments  $2,764 
   As of December 31, 2023 
   Assets   Liabilities 
Type of Instrument  Balance Sheet Location  Fair Value   Balance Sheet Location  Fair Value 
               
Cash collateral balance  Restricted cash  $15,466       
Commodity contracts  Derivative instruments  $2,412   Derivative instruments  $13,849 
Schedule of Realized And Unrealized Gains and Losses for its Derivatives Not Designated as Hedging Instruments The classification and amounts of the Company’s realized and unrealized gains and losses for its derivatives not designated as hedging instruments are as follows (in thousands):
      Realized Gains (Losses) 
      For the Three Months Ended
June 30,
 
Type of Instrument  Statements of Operations Location  2024   2023 
            
Commodity contracts  Cost of goods sold  $(2,858)  $5,477 
      $(2,858)  $5,477 
      Realized Losses 
      For the Six Months Ended
June 30,
 
Type of Instrument  Statements of Operations Location  2024   2023 
            
Commodity contracts  Cost of goods sold  $(2,709)  $(2,226)
      $(2,709)  $(2,226)

 

      Unrealized Gains 
      For the Three Months Ended
June 30,
 
Type of Instrument  Statements of Operations Location  2024   2023 
            
Commodity contracts  Cost of goods sold  $11,089   $1,474 
      $11,089   $1,474 
      Unrealized Gains 
      For the Six Months Ended
June 30,
 
Type of Instrument  Statements of Operations Location  2024   2023 
            
Commodity contracts  Cost of goods sold  $14,279   $7,400 
      $14,279   $7,400