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Gain on Property Insurance Recovery Related to Mountain Laurel Longwall
12 Months Ended
Dec. 31, 2022
Gain on Property Insurance Recovery Related to Mountain Laurel Longwall  
Gain on Property Insurance Recovery Related to Mountain Laurel Longwall

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

The Company recorded a $23.5 million gain related to a property insurance recovery on the longwall shields at its Mountain Laurel operation during the year ended December 31, 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 years ended December 31, 2022 and 2021.