Revenue (Tables)

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Company Revenue

The following table presents the Company’s revenue for the years ended December 31, 2022, 2021 and 2020 (in thousands):

	For the years ended December 31,
	2022		2021		2020
Revenue from leases	$	327,738	$	347,643	$	325,413
Revenue from contracts with customers
Time charter, regasification and other services		117,419		120,387		105,430
Gas sales		2,027,816		420,525		—
Total revenue	$	2,472,973	$	888,555	$	430,843

Schedule of revenue from leases

The Company’s time charter contracts are accounted for as operating or sales-type leases. The Company's revenue from leases is presented within revenues in the consolidated statements of income and for the years ended December 31, 2022, 2021 and 2020 consists of the following (in thousands):

	For the years ended December 31,
	2022		2021		2020
Operating lease income	$	252,350	$	270,197	$	246,338
Sales-type lease income		75,388		77,446		79,075
Total revenue from leases	$	327,738	$	347,643	$	325,413

Schedule of leased property and equipment

The following represents the amount of property and equipment that is leased to customers as of December 31, 2022 and December 31, 2021 (in thousands):

	December 31, 2022			December 31, 2021
Property and equipment	$	2,034,183		$	1,899,892
Accumulated depreciation		(823,942	)		(766,642	)
Property and equipment, net	$	1,210,241		$	1,133,250

Schedule of minimum future revenue

As of December 31, 2022, the minimum contractual future revenues to be received under the time charters during the next five years and thereafter are as follows (in thousands):

Year	Sales-type			Operating
2023		80,449			229,078
2024		84,214			174,342
2025		87,612			162,986
2026		87,612			116,015
2027		87,612			82,456
Thereafter		491,875			280,716
Total undiscounted	$	919,374		$	1,045,593
Less: imputed interest		(506,466	)
Net investment in sales-type leases		412,908
Less: current portion		(13,344	)
Non-current net investment in sales-type leases	$	399,564

Schedule of disaggregated revenues

The following tables show disaggregated revenues from customers attributable to the country in which the revenues were derived (in thousands). Revenues from external customers are attributed to the country in which the party to the applicable agreement has its principal place of business.

	For the year ended December 31, 2022
			Revenue from contracts with customers
	Revenue from		TCP, Regas		Gas		Total
	leases		and other		sales		revenue
Brazil	$	52,130	$	7,484	$	1,933,448	$	1,993,062
Bangladesh		75,142		40,099		—		115,241
UAE		62,516		19,137		—		81,653
United States		—		7,238		74,099		81,337
Argentina		47,584		22,919		—		70,503
Pakistan		44,132		11,091		—		55,223
Israel		36,574		6,533		—		43,107
Finland		9,660		2,425		20,269		32,354
Other		—		493		—		493
Total revenue	$	327,738	$	117,419	$	2,027,816	$	2,472,973

	For the year ended December 31, 2021
			Revenue from contracts with customers
	Revenue from		TCP, Regas		Gas		Total
	leases		and other		sales		revenue
Brazil	$	50,964	$	6,714	$	222,878	$	280,556
Bangladesh		78,161		38,734		157,122		274,017
UAE		60,395		17,738		—		78,133
United States		—		8,377		733		9,110
Argentina		47,202		17,599		—		64,801
Pakistan		45,025		9,578		—		54,603
Israel		38,080		6,494		—		44,574
China		—		—		38,950		38,950
Other		27,816		15,153		842		43,811
Total revenue	$	347,643	$	120,387	$	420,525	$	888,555

	For the year ended December 31, 2020
			Revenue from contracts with customers
	Revenue from		TCP, Regas		Gas		Total
	leases		and other		sales		revenue
Brazil	$	42,451	$	5,850	$	—	$	48,301
Bangladesh		79,020		38,664		—		117,684
UAE		62,856		19,474		—		82,330
United States		—		4,075		—		4,075
Argentina		44,526		14,548		—		59,074
Pakistan		43,268		10,235		—		53,503
Israel		38,184		6,677		—		44,861
Other		15,108		5,907		—		21,015
Total revenue	$	325,413	$	105,430	$	—	$	430,843

Schedule of changes in long-term contract liabilities

The following table reflects the changes in our liabilities related to long-term contracts with customers as of December 31, 2022 and December 31, 2021 (in thousands):

	December 31, 2022			December 31, 2021
Deferred revenues, beginning of period	$	24,104		$	22,940
Cash received but not yet recognized		1,436,903			1,029,435
Revenue recognized from prior period deferral		(1,283,253	)		(1,028,271	)
Deferred revenues, end of period	$	177,754		$	24,104

Schedule of expected recognized revenue from contracts

Company expects to recognize revenue from contracts exceeding one year over the following time periods (in thousands):

2023	$	100,181
2024		92,488
2025		78,006
2026		67,371
2027		62,470
Thereafter		360,509
	$	761,025