Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of commodity derivative activity

Derivatives and embedded derivatives as of December 31, 2021 consisted of the following (in thousands):

	Gross Amounts		Gross Amounts		Net Amount
	Recognized		Offset		Presented
Assets:
Fueling agreements:
Prepaid expenses and other current assets	$	2,038		—		2,038
Notes receivable and other long-term assets, net		4,738		—		4,738
Total derivative assets	$	6,776	$	—	$	6,776
Liabilities:
Commodity swaps:
Current portion of derivative liabilities, related party	$	1,900	$	—	$	1,900
Long-term portion of derivative liabilities, related party		2,483		—		2,483
Total derivative liabilities	$	4,383	$	—	$	4,383

Derivatives and embedded derivatives as of June 30, 2022 consisted of the following (in thousands):

	Gross Amounts		Gross Amounts		Net Amount
	Recognized		Offset		Presented
Assets:
Fueling agreements:
Prepaid expenses and other current assets	$	4,730	$	—	$	4,730
Notes receivable and other long-term assets, net		6,615		—		6,615
Total derivative assets	$	11,345	$	—	$	11,345
Liabilities:
Commodity swaps:
Current portion of derivative liabilities, related party	$	7,116	$	—	$	7,116
Long-term portion of derivative liabilities, related party		3,918		—		3,918
Fueling agreements:
Accrued liabilities		5		—		5
Other long-term liabilities		27		—		27
Total derivative liabilities	$	11,066	$	—	$	11,066

Schedule of weighted-average price of open commodity swap contract

The following table reflects the weighted-average price of open commodity swap contracts as of December 31, 2021 and June 30, 2022, by year with associated volumes:

	December 31, 2021			June 30, 2022
	Volumes	Weighted-Average Price per		Volumes	Weighted-Average Price per
Year	(Diesel Gallons)	Diesel Gallon		(Diesel Gallons)	Diesel Gallon
2022	5,000,000	$	3.18	2,500,000	$	3.18
2023	5,000,000	$	3.18	5,000,000	$	3.18
2024	1,875,000	$	3.18	1,875,000	$	3.18