XML 67 R60.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Long-Term Debt and Bank Facility Borrowings - Additional Information (Detail)
1 Months Ended 3 Months Ended 4 Months Ended 6 Months Ended 7 Months Ended
Sep. 30, 2023
USD ($)
Jul. 06, 2022
USD ($)
Oct. 30, 2023
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Feb. 27, 2024
Mar. 31, 2024
USD ($)
Mar. 31, 2023
USD ($)
Sep. 30, 2024
Debt Instrument [Line Items]                  
Additional loan repayments             $ 12,250,000 $ 8,250,000  
Fixed charge coverage ratio       1.39          
Hedging positions and payable amounts secured under credit facility $ 100,000           2,200,000    
Letters of credit issued and outstanding 3,200,000           3,200,000    
Long-term debt, fair value [1] 148,740,000           165,489,000    
Revolving credit facility outstanding 240,000           29,239,000    
Availability under credit agreement $ 202,100,000           $ 221,800,000    
Term Loan                  
Debt Instrument [Line Items]                  
Debt instrument, effective interest rate 6.60%           7.20%    
Long-term debt, fair value [1],[2] $ 148,500,000           $ 136,250,000    
Revolving Credit Facility                  
Debt Instrument [Line Items]                  
Debt instrument, effective interest rate 6.30%           7.50%    
Revolving credit facility outstanding $ 200,000           $ 29,200,000    
Credit Agreement                  
Debt Instrument [Line Items]                  
Non Seasonal maximum borrowing capacity under revolving credit facility   $ 400,000,000              
Maximum borrowing capacity (heating season December to April) under revolving credit facility   550,000,000              
Issuance of line of credit for working capital purposes   $ 25,000,000              
Senior secured term loan maturity date   Jul. 06, 2027              
Facility size that can be increased additional without consulting bank group             200,000,000    
Facility size that can be increased without consulting bank group             200,000,000    
Term loan annual payment percentage   25.00%              
Additional loan repayments       $ 4,000,000.0 $ 0        
Commitment fee on the unused portion of the facility from December through April   0.30%              
Commitment fee on the unused portion of the facility from May through November   0.20%              
Minimum fixed charge coverage ratio   110.00%              
Availability percentage to maximum facility size 12.50% 12.50%              
Minimum fixed charge coverage ratio to be maintained credit facilities     1.10%     1.00%      
Credit Agreement | Maximum                  
Debt Instrument [Line Items]                  
Senior secured leverage ratio during quarters ending June or September   300.00%              
Senior secured leverage ratio during quarters ending December or March   550.00%              
Credit Agreement | Quarterly                  
Debt Instrument [Line Items]                  
Term loan periodic payment   $ 4,100,000              
Credit Agreement | Annually | Maximum                  
Debt Instrument [Line Items]                  
Term loan periodic payment             $ 8,500,000    
Credit Agreement | Term Loan                  
Debt Instrument [Line Items]                  
Outstanding term loan   $ 165,000,000              
Senior secured term loan maturity period   5 years              
Sixth Amendment                  
Debt Instrument [Line Items]                  
Non Seasonal maximum borrowing capacity under revolving credit facility   $ 400,000,000              
Maximum borrowing capacity (heating season December to April) under revolving credit facility   $ 550,000,000              
Minimum fixed charge coverage ratio for distributions to unit holders or to repurchase common units   100.00% 1.15%     1.00%      
Sixth Amendment | Scenario Forecast                  
Debt Instrument [Line Items]                  
Minimum fixed charge coverage ratio for distributions to unit holders or to repurchase common units                 1.15%
Sixth Amendment | Term Loan                  
Debt Instrument [Line Items]                  
Outstanding term loan   $ 165,000,000              
Senior secured term loan maturity period   5 years              
[1] The face amount of the Company’s variable rate long-term debt approximates fair value.
[2] Carrying amounts are net of unamortized debt issuance costs of $0.6 million as of March 31, 2024 and $0.7 million as of September 30, 2023