Note 8 - Asset Retirement Obligations

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Asset Retirement Obligation Disclosure [Text Block]

NOTE 8—ASSET RETIREMENT OBLIGATIONS:

CONSOL Energy accrues for mine closing costs, perpetual water care costs, and costs associated with the plugging of degasification wells using the accounting treatment prescribed by the Asset Retirement and Environmental Obligations Topic of the FASB Accounting Standards Codification. CONSOL Energy recognizes capitalized asset retirement obligations by increasing the carrying amount of related long-lived assets.

The reconciliation of changes in the Company's asset retirement obligations at  December 31, 2021 and 2020 is as follows:

	As of December 31,
	2021			2020
Balance at Beginning of Period	$	248,769		$	271,952
Accretion Expense		18,652			17,905
Payments		(18,144	)		(13,529	)
Revisions in Estimated Cash Flows		(10,334	)		(9,248	)
Other		(825	)		(18,311	)
Balance at End of Period	$	238,118		$	248,769

For the year ended December 31, 2021, Other includes ($825) associated with dispositions of permitted areas. For the year ended December 31, 2020, Other includes ($18,311) related to the disposition of degasification wells.