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Other Income, Net
 6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
Other Income, Net Other Income, net
The following table sets forth the items in Other income, net within the Condensed Consolidated Statements of Operations:
Three months ended June 30,Six months ended June 30,
(in thousands)2025202420252024
Interest income$2,089 $3,712 $4,601 $8,394 
Property insurance recoveries12,175 — 12,629 — 
Patronage income688 537 6,616 3,406 
Gain on deconsolidation of joint venture— — — 3,117 
Other(2,449)951 (2,152)1,811 
Total$12,503 $5,200 $21,694 $16,728 

Individually significant items included in the table above are:

Interest income - The vast majority of interest income recorded by the Company was due to the amount of cash and cash equivalents on hand in all periods presented.

Property insurance recoveries - The vast majority of the property insurance recoveries recorded in 2025 are related to a current year incident at a grain terminal in Sunray, Texas.

Patronage income - As a part of the Company’s normal operations it relies on short-term lines of credit to support working capital needs in addition to long-term debt. The Company receives patronage income from its lenders as a part of these programs.

Gain on deconsolidation of joint venture - On April 18, 2023, ELEMENT, a 51% owned limited liability company originally deemed a VIE and consolidated, was placed into receivership. As the receiver took control of ELEMENT, under the VIE consolidation model, the Company was deemed to have lost control of the entity and therefore deconsolidated ELEMENT from its Condensed Consolidated Financial Statements. As a result of these activities, the Company recognized a gain on deconsolidation in the second quarter of 2023. The Company recognized an additional $3.1 million gain in the first quarter of 2024 as the amount of cash distributed to the Company related to its receivables from ELEMENT exceeded management's estimate at the time of deconsolidation.