PROPERTY, PLANT AND EQUIPMENT

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 3 — PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, net consist of the following (in thousands):

	June 30, 2024		December 31, 2023
Driftwood Project assets:
Terminal construction in progress	$	553,026	$	533,316
Pipeline construction in progress	48,607		35,939
Land and land improvements	53,664		53,664
Finance lease assets, net of accumulated DD&A	54,947		55,534
Buildings and other assets, net of accumulated DD&A	295		310
Total Driftwood Project assets, net	710,539		678,763
Fixed assets and other:
Finance lease assets, net of accumulated DD&A	69,444		70,691
Leasehold improvements and other assets, net of accumulated DD&A	8,036		10,196
Total fixed assets and other, net	77,480		80,887
Total property, plant and equipment, net	$	788,019	$	759,650

Driftwood Project Construction in Progress

During the six months ended June 30, 2024, we capitalized approximately $19.6 million and $12.8 million of directly identifiable project costs as Driftwood terminal construction in progress and Pipeline construction in progress, respectively.