Asset Retirement Obligations

6 Months Ended

Jun. 30, 2020

Asset Retirement Obligations

Asset Retirement Obligations

(9) Asset Retirement Obligations

The following is a reconciliation of the Company’s asset retirement obligations for the six months ended June 30, 2020 (in thousands):

Asset retirement obligations—December 31, 2019	$	54,845
Obligations incurred		1,308
Accretion expense		2,215
Settlement of obligations		(229)
Asset retirement obligations—June 30, 2020	$	58,139

Asset retirement obligations are included in other liabilities on the Company’s unaudited condensed consolidated balance sheets.