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Derivative Instruments and Hedging Activities (Tables)
9 Months Ended
Sep. 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 September 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

$

2,619

$

$

2,619

Notes receivable and other long-term assets, net

3,827

3,827

Total derivative assets

$

6,446

$

$

6,446

Liabilities:

 

  

 

  

 

  

Commodity swaps:

Current portion of derivative liabilities, related party

$

3,912

$

$

3,912

Long-term portion of derivative liabilities, related party

1,694

1,694

Fueling agreements:

Accrued liabilities

14

14

Other long-term liabilities

39

39

Total derivative liabilities

$

5,659

$

$

5,659

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 September 30, 2022, by year with associated volumes:

December 31, 2021

September 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

 

1,250,000

$

3.22

2023

 

5,000,000

$

3.18

 

5,000,000

$

3.22

2024

 

1,875,000

$

3.18

 

1,875,000

$

3.22