Investment in Laramie Energy (Tables)

12 Months Ended

Dec. 31, 2023

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Change in Equity Investment

The change in our equity investment in YELP is as follows (in thousands):

	For the period from June 1 through December 31,
	2023
Beginning balance	$	—
Acquisition of investment	58,019
Equity earnings from YELP	8,059
Depreciation of basis difference	(696)
Dividends received	(5,558)
Ending balance	$	59,824

The change in our equity investment in YPLC is as follows (in thousands):

	For the period from June 1 through December 31,
	2023
Beginning balance	$	—
Acquisition of investment	28,581
Equity earnings from YPLC	4,392
Accretion of basis difference	89
Dividends received	(5,400)
Ending balance	$	27,662

The change in our equity investment in Laramie Energy is as follows (in thousands):

	Year Ended December 31,
	2023
Beginning balance	$	—
Equity earnings (losses) from Laramie Energy	19,471
Accretion of basis difference	5,514
Distribution received	(10,706)
Ending balance	$	14,279