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Acquired Intangibles (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The balances and respective balance sheet classifications of such assets and liabilities as of June 30, 2020 and December 31, 2019, net of accumulated amortization, are set forth in the following tables:


	June 30, 2020
	Assets ⁽¹⁾		Liabilities ⁽²⁾		Net Total
Coal supply agreements, net	$	330	$	(1,745)	$	(1,415)
Acquired mine permits, net	103,109		—		103,109
Total	$	103,439	$	(1,745)	$	101,694


	December 31, 2019
	Assets ⁽¹⁾		Liabilities ⁽²⁾		Net Total
Coal supply agreements, net	$	917	$	(6,018)	$	(5,101)
Acquired mine permits, net	124,228		—		124,228
Total	$	125,145	$	(6,018)	$	119,127

⁽¹⁾Included within other acquired intangibles, net of accumulated amortization on the Company’s Condensed Consolidated Balance Sheets.

⁽²⁾Included within other non-current liabilities on the Company’s Condensed Consolidated Balance Sheets.

The following table details the amortization of mine permits acquired as a result of the Merger and the amortization of above-market and below-market coal supply agreements:


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Amortization of mine permits⁽¹⁾	$	3,320	$	5,664	$	6,648	$	11,605

Amortization of above-market coal supply agreements	$	215	$	122	$	587	$	879
Amortization of below-market coal supply agreements	(1,439)		(6,129)		(4,274)		(19,510)
Net income ⁽¹⁾	$	(1,224)	$	(6,007)	$	(3,687)	$	(18,631)

⁽¹⁾ Included within amortization of acquired intangibles, net in the Condensed Consolidated Statements of Operations.