XML 49 R30.htm IDEA: XBRL DOCUMENT v3.22.2.2
Investment in Other Entities (Tables)
9 Months Ended
Sep. 30, 2022
Investment in Other Entities [Abstract]  
Schedule of net income from equity method investments
       Carrying Value 
   Percentage of ownership   September 30, 2022   December 31, 2021 
Pine Bend   50.0%  $20,730   $21,188 
Noble Road   50.0%   24,053    24,516 
GREP   20.0%   3,925    1,446 
Total investment in other entities       $48,708   $47,150 

 

Schedule of net income from equity method investments
   Three Months Ended   Nine Months Ended 
   September 30, 2022   September 30, 2021   September 30, 2022   September 30, 2021 
Revenue (1)  $42,158   $
   $47,247   $14,181 
Gross profit   33,053    
    34,665    6,459 
Net  income   31,356    
    29,615    5,400 
                    
Net  income from equity method investments (2)  $3,694   $
   $3,658   $2,392 

 

(1)Revenues include a realized gain of $32,796 from commodity swap contracts on our equity method investment, GREP for the three and nine months ended September 30, 2022.

 

(2)Net income from equity method investments represents our portion of the net income from equity method investments in Pine Bend, Noble Road and GREP for the three and nine months ended September 30, 2022 and Beacon for the three and nine months ended September 30, 2021.