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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Measurements  
Summary of Financial Assets and Liabilities Accounted for at Fair Value

December 31, 2023

    

Total

    

Level 1

    

Level 2

    

Level 3

(In thousands)

Assets:

 

  

 

  

 

  

 

  

Investments in marketable securities

$

32,724

$

28,773

$

3,951

$

Derivatives

 

998

 

 

 

998

Fund for asset retirement obligations

142,266

142,266

Total assets

$

175,988

$

171,039

$

3,951

$

998

Liabilities:

 

 

 

 

Derivatives

$

165

$

$

165

$

Fair Value at December 31, 2022

    

Total

    

Level 1

    

Level 2

    

Level 3

(In thousands)

Assets:

    

  

    

  

    

  

    

  

Investments in marketable securities

$

36,993

$

28,301

$

8,692

$

Derivatives

 

3,955

 

 

2,655

 

1,300

Fund for asset retirement obligations

135,993

135,993

Total assets

$

176,941

$

164,294

$

11,347

$

1,300

Liabilities:

 

  

 

  

 

  

 

  

Derivatives

$

$

$

$

Summary of Change in the Fair Values of Financial Instruments Categorized as Level 3

2023

2022

(In thousands)

Balance, beginning of period

$

1,300

$

1,219

Realized and unrealized gains (losses) recognized in earnings, net

 

(4,192)

 

7,019

Purchases

 

5,400

 

4,673

Settlements

 

(1,510)

 

(11,611)

Ending balance

$

998

$

1,300