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Gain on Property Insurance Recovery Related to Mountain Laurel Longwall
9 Months Ended
Sep. 30, 2021
Gain on Property Insurance Recovery Related to Mountain Laurel Longwall  
Gain on Property Insurance Recovery Related to Mountain Laurel Longwall

4. Gain on Property Insurance Recovery Related to Mountain Laurel Longwall

The Company recorded a gain of $23.5 million related to a property insurance recovery at its Mountain Laurel operation during the nine months ended September 30, 2020. As a result of geologic conditions in the final longwall panel, Mountain Laurel was unable to recover 123 of the longwall system’s 176 hydraulic shields. No amounts related to the property insurance recovery were incurred for the three and nine months ended September 30, 2021.