Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments

The following table presents changes in the fair value of the Level 3 derivatives for the three and nine months ended September 30, 2025 and 2024:

	For The Three Months Ended   September 30,				For The Nine Months Ended   September 30,
(dollars in thousands)	2025		2024		2025		2024
Fair value at beginning of the period	$	(11,244)	$	(5,593)	$	(8,823)	$	(2,360)
Unrealized (losses) gains on purchase power contracts	(3,031)		(2,727)		(5,452)		(5,960)
Fair value at end of the period	$	(14,275)	$	(8,320)	$	(14,275)	$	(8,320)