Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2022

Components of Lease Expense

	Three Months Ended ‎March 31,
	2022		2021
Lease expense
Operating lease expense	$	3,493	$	3,685
Variable lease expense (benefit) (1)		(25)		(276)
Total lease expense	$	3,468	$	3,409

(1) Represents railcar lease abatements provided by the lessor when railcars are out of service during periods of maintenance or upgrade, offset by amounts incurred in excess of the minimum payments required for the handling and unloading of railcars for a certain lease.

 

Supplemental Cash Flow Information Related to Operating Leases

	Three Months Ended ‎March 31,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	3,358	$	3,598
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		4,709		6,255
Right-of-use assets and lease obligations derecognized due to lease modifications:
Operating leases		-		51

Supplemental Balance Sheet Information Related to Operating Leases

	March 31, 2022		December 31, 2021
Weighted average remaining lease term		4.1 years		4.1 years
Weighted average discount rate		3.58%		3.65%

Schedule of Aggregate Minimum Lease Payments

Year Ending December 31,	Amount
2022	$	10,038
2023		11,815
2024		9,772
2025		7,201
2026		2,655
Thereafter		3,107
Total		44,588
Less: Present value discount		(3,210)
Operating lease liabilities	$	41,378

Components of Lease Revenue

	Three Months Ended ‎March 31,
	2022		2021
Lease revenue
Operating lease revenue	$	15,758	$	16,826
Variable lease revenue (1)		452		517
Total lease revenue	$	16,210	$	17,343

(1) Represents amounts charged to Green Plains Trade under the storage and throughput agreement in excess of the initial rate of $0.05 per gallon, amounts delivered by Green Plains Trade and other customers in excess of various minimum volume commitments, and the difference between the contracted railcar volumetric capacity and the actual amount provided to Green Plains Trade during the period.

Schedule of Aggregate Minimum Agreement Payments

Year Ending December 31,	Amount
2022	$	495
2023		-
2024		-
2025		-
2026		-
Thereafter		-
Total	$	495

Amended Storage And Throughput Agreement [Member]

Summary of Minimum Future Rental Revenue

Year Ending December 31,	Amount
2022	$	34,693
2023		46,257
2024		46,257
2025		46,257
2026		46,257
Thereafter		115,642
Total	$	335,363

Amended Rail Transportation Services Agreement [Member]

Summary of Minimum Future Rental Revenue

Year Ending December 31,	Amount
2022	$	14,428
2023		14,722
2024		11,755
2025		8,352
2026		2,268
Thereafter		1,188
Total	$	52,713