Fair Value Measures and Disclosures (Tables)

9 Months Ended

Sep. 30, 2023


			Fair Value
September 30, 2023	Carrying Value		Level 1		Level 2
Assets
Cash, cash equivalents and restricted cash	$	116,454	$	116,454	$	—
Collateral on derivatives	4,380		4,380		—
Fair value of derivative assets – current	8,653		—		8,653
Fair value of derivative assets – noncurrent	5,435		—		5,435
Liabilities
Global Ultraco Debt Facility (1)(2)	275,400		—		275,400
Convertible Bond Debt (1)(3)	104,119		—		146,839
Fair value of derivative liabilities – current	585		—		585


			Fair Value
December 31, 2022	Carrying Value		Level 1		Level 2
Assets
Cash, cash equivalents and restricted cash	$	189,754	$	189,754	$	—
Collateral on derivatives	909		909		—
Fair value of derivative assets – current	8,479		—		8,479
Fair value of derivative assets – noncurrent	8,184		—		8,184
Liabilities
Global Ultraco Debt Facility (1)(2)	237,750		—		237,750
Convertible Bond Debt (1)(3)	104,119		—		172,661
Fair value of derivative liabilities – current	163		—		163

(1)Carrying value represents outstanding principal amount and excludes debt discounts and debt issuance costs.

(2)Fair value is based on the required repayment to the lenders if the debt was discharged in full on September 30, 2023 and December 31, 2022, as applicable.

(3)Fair value is based on pricing data (including observable trade information) sourced from Bloomberg.com.