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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 38,230 $ 38,241
Restricted cash 227,568 256,237
Derivatives 4,253 17,958
Prepaid expenses and other current assets 1,322 2,089
Total current assets 271,373 314,525
Property, plant and equipment, net 4,329,376 2,437,733
Operating lease right-of-use assets 167,168 170,827
Deferred financing fees 340,488 389,695
Other non-current assets 15,557 11,021
Total assets 5,123,962 3,323,801
Current liabilities:    
Accounts payable 224,358 243,129
Accrued and other current liabilities 331,029 306,115
Operating leases 2,887 3,143
Total current liabilities 558,274 552,387
Debt, net 3,315,150 1,816,301
Operating leases 144,588 145,962
Derivatives 60,219 66,899
Other non-current liabilities 0 1,818
Total liabilities 4,078,231 2,583,367
Commitments and contingencies (Note 11)
Stockholders’ equity    
Common stock, $0.0001 par value, 480.0 million authorized: 260.1 million and 256.5 million outstanding, respectively 26 26
Treasury stock: 3.1 million shares and 2.2 million respectively, at cost (20,791) (14,214)
Preferred stock, $0.0001 par value, 0.5 million authorized: none outstanding 0 0
Additional paid-in-capital 1,209,753 693,883
Accumulated deficit (519,201) (391,772)
Total stockholders’ equity 669,787 287,923
Non-controlling interest 375,944 452,511
Total equity 1,045,731 740,434
Total liabilities and equity $ 5,123,962 $ 3,323,801