XML 32 R22.htm IDEA: XBRL DOCUMENT v3.24.3
Derivatives (Tables)
 9 Months Ended
Sep. 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 September 30, 2024 
   Assets   Liabilities 
Type of Instrument  Balance Sheet
Location		  Fair
Value		   Balance Sheet
Location		  Fair
Value		 
Cash collateral balance  Restricted cash  $4,903         
Commodity contracts  Derivative instruments  $36   Derivative instruments  $3,394 
   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 
      For the Three Months Ended
September 30,		 
Type of Instrument  Statements of Operations Location  2024   2023 
            
Commodity contracts  Cost of goods sold  $3,633   $6,206 
      $3,633   $6,206 
    Realized Gains 
      For the Nine Months Ended
September 30,		 
Type of Instrument  Statements of Operations Location  2024   2023 
            
Commodity contracts  Cost of goods sold  $923   $3,980 
      $923   $3,980 
    Unrealized Losses 
      For the Three Months Ended
September 30,		 
Type of Instrument  Statements of Operations Location  2024   2023 
            
Commodity contracts  Cost of goods sold  $(6,199)  $(8,917)
      $(6,199)  $(8,917)

 

    Unrealized Gains (Losses) 
      For the Nine Months Ended
September 30,		 
Type of Instrument  Statements of Operations Location  2024   2023 
            
Commodity contracts  Cost of goods sold  $8,079   $(1,517)
      $8,079   $(1,517)