Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Taxes

Schedule of Components of Income Tax Expense (Benefit)

		Year Ended		Year Ended	Year Ended
		December 31,		December 31,	December 31,
		2022		2021	2020
(In thousands)
Current:
Federal	$	(30,107)	$	1,525	$	518
State		204		342		(569)
Total current	$	(29,903)	$	1,867	$	(51)
Deferred:
Federal	$	(209,130)	$	7	$	44
State		(12,893)		—		—
Total deferred	$	(222,023)	$	7	$	44
	$	(251,926)	$	1,874	$	(7)

Schedule of Effective Income Tax Rate Reconciliation

	Year Ended		Year Ended		Year Ended
	December 31,		December 31,		December 31,
	2022		2021		2020
Income tax provision (benefit) at statutory rate	$	226,587	$	71,284	$	(72,371)
Percentage depletion and other permanent items		(52,647)		(29,392)		(7,763)
State taxes, net of effect of federal taxes		2,988		16,490		(3,298)
Change in valuation allowance		(420,688)		(69,603)		76,524
Other, net		(8,166)		13,095		6,901
(Benefit from) provision for income taxes	$	(251,926)	$	1,874	$	(7)

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities that result from carryforwards and temporary differences between the financial statement basis and tax basis of assets and liabilities are summarized as follows:

	December 31,		December 31,
	2022		2021
(In thousands)
Deferred tax assets:
Tax loss carryforwards	$	219,302	$	326,763
Tax credit carryforwards		1,656		2,565
Investment in partnerships		39,999		170,610
Other		38,362		17,263
Gross deferred tax assets	$	299,319	$	517,201
Valuation allowance		(83,704)		(504,392)
Total deferred tax assets	$	215,615	$	12,809
Deferred tax liabilities:
Plant and equipment		1,245		467
Convertible Notes		75		7,008
Other		4,825		5,304
Total deferred tax liabilities	$	6,145	$	12,779
Net deferred tax asset	$	209,470	$	30

Summary of Income Tax Contingencies

	(In thousands)
Balance at December 31, 2019	$	39,729
Additions based on tax positions to the current year		1,583
Additions for tax positions related to the prior year		7,918
Reductions for tax positions of prior years		(732)
Reductions as a result of lapses in the statute of limitations		(382)
Balance at December 31, 2020		48,116
Additions for tax positions related to the current year		3,467
Additions for tax positions related to the prior year		3,931
Reductions for tax positions of prior years		(2,868)
Reductions as a result of lapses in the statute of limitations		(3,683)
Balance at December 31, 2021		48,963
Additions based on tax positions to the current year		5,446
Additions for tax positions related to the prior year		768
Reductions for tax positions of prior years		(125)
Reductions as a result of lapses in the statute of limitations		(36,988)
Balance at December 31, 2022	$	18,064