Prepaid and Other Current Assets (Tables)

12 Months Ended

Dec. 31, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Other Current Assets

Prepaid and other current assets at December 31, 2022 and 2021 consisted of the following (in thousands):

	December 31,
	2022		2021
Collateral posted with broker for derivative instruments (1)	$	40,788	$	6,053
Billings acquisition deposit (2)	30,000		—
Prepaid insurance	15,639		14,110
Deferred inventory financing charges	—		4,073
Other	5,616		4,289
Total	$	92,043	$	28,525

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(1)Our cash margin that is required as collateral deposits on our commodity derivatives cannot be offset against the fair value of open contracts except in the event of default. Please read Note 14—Derivatives for further information.

(2)Please read Note 4—Acquisitions for further discussion.