Investment in Unconsolidated Subsidiary (Tables)

9 Months Ended

Sep. 30, 2023

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

Selected financial information for the Company's DGD Joint Venture is as follows:

(in thousands)	September 30, 2023		December 31, 2022
Assets:
Total current assets	$	1,641,934	$	1,304,805
Property, plant and equipment, net	3,831,367		3,866,854
Other assets	94,149		61,665
Total assets	$	5,567,450	$	5,233,324
Liabilities and members' equity:
Total current portion of long term debt	$	228,365	$	217,066
Total other current liabilities	391,027		515,023
Total long term debt	744,451		774,783
Total other long term liabilities	16,408		17,249
Total members' equity	4,187,199		3,709,203
Total liabilities and members' equity	$	5,567,450	$	5,233,324

	Three Months Ended				Nine Months Ended
(in thousands)	September 30, 2023		September 30, 2022		September 30, 2023		September 30, 2022
Revenues:
Operating revenues	$	1,430,666	$	1,470,036	$	5,356,827	$	3,906,614
Expenses:
Total costs and expenses less depreciation, amortization and accretion expense	1,257,766		1,229,371		4,430,485		3,311,608
Depreciation, amortization and accretion expense	55,118		31,793		172,040		89,602
Total costs and expenses	1,312,884		1,261,164		4,602,525		3,401,210
Operating income	117,782		208,872		754,302		505,404
Other income	2,701		1,215		6,863		1,926
Interest and debt expense, net	(11,705)		(3,259)		(37,785)		(9,534)
Net income	$	108,778	$	206,828	$	723,380	$	497,796