INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Total Income Tax Provision (Benefit)

The total income tax provision consists of the following:

	Year Ended December 31,
	2024		2023		2022
	(In thousands)
Current income tax expense:
Federal	$	1,329	$	—	$	—
State	2,203		492		522
	3,532		492		522
Deferred tax (benefit) expense:
Federal	19,535		(235,627)		—
State	(32)		2,227		2,094
	19,503		(233,400)		2,094
Total	$	23,035	$	(232,908)	$	2,616

Schedule of Reconciliation of Tax on Income (Loss) Before Income Taxes and Total Tax Expense (Benefit)

The difference between the effective income tax rate and the U.S. statutory rate is reconciled below:

	Year Ended December 31,
	2024		2023
U.S. statutory rate	21.00	%	21.00	%
Tax attributable to noncontrolling interest	(13.11)	%	(13.51)	%
State tax rate	2.03	%	1.64	%
Other	(1.30)	%	0.02	%
Valuation allowance	—	%	(160.84)	%
Effective rate	8.62	%	(151.69)	%

Schedule of Net Deferred Tax Assets (Liabilities)

The net deferred tax assets consist of the following:

	December 31,
	2024		2023
	(In thousands)
Deferred tax assets:
Investment in partnership	$	110,856	$	145,990
Net operating losses	90,435		88,788
Other	2,705		849
Total deferred tax assets	203,996		235,627
Deferred tax liabilities:
Property, plant, and equipment	16,761		13,244
Net deferred tax assets	$	187,235	$	222,383