Lease Accounting (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of Lease Balances by Major Categories

Refer to the table below for our lease balances as of December 31, 2022 and December 31, 2021.

Leases	Classification	Financial Statement Caption	December 31, 2022		December 31, 2021
Assets
	Transportation Equipment	Right of Use Assets, net	$	65,375	$	79,784
	Office Space & Equipment	Right of Use Assets, net	7,238		5,981
	Facilities and Equipment	Right of Use Assets, net	52,664		55,031
Total Right of Use Assets, net			$	125,277	$	140,796
Liabilities
Current		Accrued liabilities	17,978		19,966
Non-Current		Other long-term liabilities	113,844		121,854
Total Lease Liability			$	131,822	$	141,820

Schedule of Maturity of Lease Liabilities

The following table presents the maturities of our operating lease liabilities as of December 31, 2022 on an undiscounted cash flow basis reconciled to the present value recorded on our Consolidated Balance Sheets:

Maturity of Lease Liabilities	Transportation Equipment		Office Space and Equipment		Facilities and Equipment		Operating Leases
2023	$	18,928	$	1,386	$	5,529	$	25,843
2024	17,889		1,359		5,005		24,253
2025	14,372		2,168		5,041		21,581
2026	9,965		1,997		5,092		17,054
2027	7,110		1,721		5,136		13,967
Thereafter	7,092		9,445		115,349		131,886
Total Lease Payments	75,356		18,076		141,152		234,584
Less: Interest	(10,644)		(5,601)		(86,517)		(102,762)
Present value of operating lease liabilities	$	64,712	$	12,475	$	54,635	$	131,822

Schedule of Lease Term and Discount Rates

The following table presents the weighted average remaining terms and discount rates related to our right of use assets:

Lease Term and Discount Rate	December 31, 2022	December 31, 2021
Weighted-average remaining lease term	13.70 years	13.48 years
Weighted-average discount rate	7.75%	7.69%

The following table provides information regarding the cash paid and right of use assets obtained related to our operating leases:

	Year Ended December 31,
Cash Flows Information	2022		2021
Cash paid for amounts included in the measurement of lease liabilities	$	28,576	$	33,145
Leased assets obtained in exchange for new operating lease liabilities	9,443		8,296

Schedule of Operating Lease Income

Our lease revenues for these arrangements (inclusive of fixed and variable consideration) are reflected in the table below for the years ended December 31, 2022, 2021, and 2020, respectively:

	Year Ended December 31,
	2022		2021		2020
M/T American Phoenix	$	16,432	$	15,031	$	24,116
Free State Pipeline(1)	—		—		5,234

(1)We sold the Free State pipeline to a subsidiary of Denbury Inc. on October 30, 2020. The 2020 revenues presented above reflect operations through October 29, 2020 as that was the last date the asset operated under our ownership.