Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of interest rate derivatives and their fair values

Interest rate derivatives and their fair values as of September 30, 2020 and December 31, 2019 were as follows (unaudited and in thousands):

Notional Amount				Fixed One Month LIBOR rate per annum				Fair Value
September 30, 2020		December 31, 2019				Effective Date	Expiration Date	September 30, 2020		December 31, 2019
$	25,000	$	25,000	1.989	%	January 2, 2018	Dec 17, 2021	$	(557)	$	(209)
100,000		100,000		1.989	%	January 2, 2018	Dec 17, 2021	(2,227)		(837)
75,000		75,000		1.989	%	January 2, 2018	Dec 17, 2021	(1,671)		(627)
50,000		50,000		2.033	%	January 2, 2018	Apr 27, 2022	(1,470)		(545)
100,000		100,000		2.029	%	January 2, 2018	Apr 27, 2022	(2,933)		(1,081)
50,000		50,000		2.033	%	January 2, 2018	Apr 27, 2022	(1,470)		(545)
100,000		100,000		2.617	%	January 2, 2020	Dec 17, 2023	(7,884)		(4,007)
100,000		100,000		2.621	%	January 2, 2020	Apr 27, 2024	(8,727)		(4,324)
70,000		—		0.968	%	March 2, 2020	Oct 18, 2026	(2,738)		—
30,000		—		0.973	%	March 2, 2020	Oct 18, 2026	(1,180)		—
200,000		200,000		2.636	%	December 17, 2021	Dec 17, 2023	(9,812)		(3,939)
200,000		200,000		2.642	%	April 27, 2022	Apr 27, 2024	(9,716)		(3,802)
125,000		—		1.014	%	December 17, 2023	Dec 17, 2024	(850)		—
100,000		—		1.035	%	December 17, 2023	Dec 17, 2024	(700)		—
75,000		—		1.110	%	December 17, 2023	Oct 18, 2026	(1,256)		—
100,000		—		1.088	%	April 27, 2024	Apr 27, 2025	(680)		—
125,000		—		1.082	%	April 27, 2024	Apr 27, 2025	(842)		—
75,000		—		0.977	%	April 27, 2024	Oct 18, 2026	(789)		—
								$	(55,502)	$	(19,916)

Schedule of power purchase agreement derivatives

Power purchase agreement derivatives and their fair values as of September 30, 2020 and December 31, 2019 were as follows (unaudited and in thousands):

				Fair Value
Counterparty	Facility	Effective Date	Expiration Date	September 30, 2020		December 31, 2019
Calpine Energy Solutions, LLC	Piscataway	3/8/2019	Feb 28, 2029	$	(2,155)	$	(2,919)
Calpine Energy Solutions, LLC	Chicago	3/8/2019	Feb 28, 2029	(2,375)		(3,774)
				$	(4,530)	$	(6,693)