Financial Instruments and Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements

The following table presents the Company’s fair value measurements of its financial instruments as of March 31, 2024, and December 31, 2023:

(Thousands of U.S. Dollars)	As at March 31, 2024		As at December 31, 2023
Level 1
Assets
Prepaid equity forward (“PEF”) - current (1)	$	—	$	5,630
Liabilities
6.25% Senior Notes	$	23,242	$	22,994
7.75% Senior Notes	20,692		20,744
9.50% Senior Notes	549,579		429,018
	$	593,513	$	472,756
Level 2
Assets
Restricted cash and cash equivalents - long-term (2)	$	7,778	$	7,750
Liabilities
Credit facility	$	—	$	35,609

(1) The current portion of PEF is included in the other current assets on the Company’s condensed consolidated balance sheet.

(2) The long-term portion of restricted cash is included in the other long-term assets on the Company’s condensed consolidated balance sheet.