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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Summary of Balances for Long-term Debt and Finance Lease Obligations

Our balances for long-term debt and finance lease obligations are as follows (in thousands):

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

CAPL Credit Facility

 

$

756,000

 

 

$

606,137

 

JKM Credit Facility

 

 

 

 

 

158,980

 

Finance lease obligations

 

 

11,064

 

 

 

13,954

 

Total debt and finance lease obligations

 

 

767,064

 

 

 

779,071

 

Current portion

 

 

3,083

 

 

 

11,151

 

Noncurrent portion

 

 

763,981

 

 

 

767,920

 

Deferred financing costs, net

 

 

10,101

 

 

 

6,282

 

Noncurrent portion, net of deferred financing costs

 

$

753,880

 

 

$

761,638

 

Schedule of Debt and Future Minimum Lease Payments on Finance Lease Obligations

As of December 31, 2023, future principal payments on debt and future minimum rental payments on finance lease obligations were as follows (in thousands):

 

 

Debt

 

 

Finance Lease Obligations

 

 

Total

 

2024

 

$

 

 

$

3,396

 

 

$

3,396

 

2025

 

 

 

 

 

3,495

 

 

 

3,495

 

2026

 

 

 

 

 

3,596

 

 

 

3,596

 

2027

 

 

 

 

 

1,210

 

 

 

1,210

 

2028

 

 

756,000

 

 

 

 

 

 

756,000

 

Total future payments

 

 

756,000

 

 

 

11,697

 

 

 

767,697

 

Less impact of discounting

 

 

 

 

 

633

 

 

 

633

 

Total future principal payments

 

 

756,000

 

 

 

11,064

 

 

 

767,064

 

Current portion

 

 

 

 

 

3,083

 

 

 

3,083

 

Long-term portion

 

$

756,000

 

 

$

7,981

 

 

$

763,981