XML 42 R28.htm IDEA: XBRL DOCUMENT v3.22.2
Fixed Assets, Mineral Leaseholds, and Asset Retirement Obligations (Tables)
 6 Months Ended
Jun. 30, 2022
Fixed Assets And Asset Retirement Obligations [Abstract]  
Schedule of Fixed Assets
Fixed assets consisted of the following:
 
June 30, 2022December 31, 2021
Crude oil and natural gas pipelines and related assets$2,839,496 $2,839,443 
Alkali facilities, machinery and equipment684,289 670,880 
Onshore facilities, machinery and equipment269,139 269,245 
Transportation equipment21,216 21,106 
Marine vessels1,016,892 1,018,284 
Land, buildings and improvements228,725 227,540 
Office equipment, furniture and fixtures26,992 23,965 
Construction in progress471,595 350,137 
Other41,168 43,440 
Fixed assets, at cost5,599,512 5,464,040 
Less: Accumulated depreciation(1,661,837)(1,551,855)
Net fixed assets$3,937,675 $3,912,185 
Schedule of Mineral Leaseholds
Our Mineral Leaseholds, relating to our Alkali Business, consist of the following:
June 30, 2022December 31, 2021
Mineral leaseholds$566,019 $566,019 
Less: Accumulated depletion(18,948)(17,014)
Mineral leaseholds, net of accumulated depletion$547,071 $549,005 
Schedule of Depreciation and Depletion Expense
Our depreciation and depletion expense for the periods presented was as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2022202120222021
Depreciation expense$70,033 $64,148 $135,783 $126,850 
Depletion expense914 704 1,934 1,616 
Schedule of Change in Asset Retirement Obligation
The following table presents information regarding our AROs since December 31, 2021:
ARO liability balance, December 31, 2021$220,906 
Accretion expense6,871 
Changes in estimate 2,383 
Settlements(9,798)
ARO liability balance, June 30, 2022$220,362 
Schedule of Forecast of Accretion Expense of Asset Retirement Obligations
With respect to our AROs, the following table presents our forecast of accretion expense for the periods indicated:
Remainder of2022$6,291 
2023$10,583 
2024$9,767 
2025$10,469 
2026$8,216