XML 66 R38.htm IDEA: XBRL DOCUMENT v3.22.2.2
Acquisitions - Schedule of Assets and Liabilities Assumed (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 01, 2022
Sep. 30, 2022
Sep. 30, 2022
Dec. 31, 2021
Assets acquired:        
Goodwill   $ 26,609 $ 26,609 $ 12,203
3 Bear Acquisition        
Assets acquired:        
Cash and cash equivalents $ 2,677      
Accounts receivables, net 28,859      
Inventories 1,831      
Other current assets 986      
Property, plant and equipment 382,800      
Operating lease right-of-use assets 7,427      
Goodwill 14,406      
Customer relationship intangible, net (1) 210,000      
Rights-of-way (1) 13,490      
Other non-current assets 500      
Total assets acquired 662,976      
Liabilities assumed:        
Accounts payable 8,020      
Accrued expenses and other current liabilities 22,145      
Current portion of operating lease liabilities 1,029      
Asset retirement obligations 2,261      
Operating lease liabilities, net of current portion 1,431      
Total liabilities assumed 34,886      
Fair value of net assets acquired 628,090      
3 Bear Acquisition | Customer Relationships        
Assets acquired:        
Customer relationship intangible, net (1) $ 210,000      
Liabilities assumed:        
Acquired finite-lived intangible assets, useful life 11 years 7 months 6 days      
Amortization of Intangible Assets   4,500 6,000  
Expected amortization, year one   18,000 18,000  
Expected amortization, year two   18,000 18,000  
Expected amortization, year three   18,000 18,000  
Expected amortization, year four   18,000 18,000  
Expected amortization, year five   18,000 18,000  
3 Bear Acquisition | Right-Of-Way        
Assets acquired:        
Rights-of-way (1) $ 13,500      
Liabilities assumed:        
Acquired finite-lived intangible assets, useful life 25 years 4 months 24 days      
Amortization of Intangible Assets   200 200  
Expected amortization, year one   600 600  
Expected amortization, year two   600 600  
Expected amortization, year three   600 600  
Expected amortization, year four   600 600  
Expected amortization, year five   $ 600 $ 600