Acquisition-Related Obligations

9 Months Ended

Sep. 30, 2020

Acquisition-Related ObligationsAcquisition-related obligations consisted of the following:


	September 30, 2020		December 31, 2019
Contingent Revenue Obligation	$	24,292	$	52,427
Environmental Settlement Obligations	11,152		16,305
Reclamation Funding Liability	—		12,000
UMWA Funds Settlement Liability	4,000		4,000
Discount	(1,952)		(4,834)
Total acquisition-related obligations	37,492		79,898
Less current portion	(18,206)		(33,639)
Acquisition-related obligations, net of current portion	$	19,286	$	46,259

Contingent Revenue Obligation

As of September 30, 2020 and December 31, 2019 the carrying value of the Contingent Revenue Obligation was $24,292 and $52,427, with $10,511 and $14,646 classified as current, respectively, classified as an acquisition-related obligation in the Condensed Consolidated Balance Sheets. Refer to Note 14 for further disclosures related to the fair value assignment and methods used.

During the second quarter of 2020, the Company paid $15,084, including $374 of unclaimed unsecured claims distributions, pursuant to terms of the Contingent Revenue Obligation.

Environmental Settlement Obligations

As of September 30, 2020 and December 31, 2019, the carrying value of the Environmental Settlement Obligations was $9,674 and $13,594, net of discounts of $1,478 and $2,711, with $5,694 and $6,185 classified as current, respectively, all of which was classified as an acquisition-related obligation in the Condensed Consolidated Balance Sheets.

Reclamation Funding Agreement

As of September 30, 2020, the Company has no remaining payments for the Funding of Restricted Cash Reclamation liability. As of December 31, 2019, the carrying value of the Funding of Restricted Cash Reclamation liability was $10,808, net of discounts of $1,192, all of which was classified as a current acquisition-related obligation in the Condensed Consolidated Balance Sheets.