Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Finance Lease Liabilities

Finance lease liabilities as of December 31, 2023 and December 31, 2022 consisted of the following (in thousands):

	December 31, 2023			December 31, 2022
External leases:
Finance lease liabilities	$	211,887		$	231,158
Less current portion of finance lease liabilities		(22,080	)		(20,804	)
Finance lease liabilities, long-term	$	189,807		$	210,354

Schedule of Maturities of Operating and Finance Lease Liabilities

A maturity analysis of the Company’s operating and finance lease liabilities (excluding short-term leases) at December 31, 2023 is as follows (in thousands):

Year	Operating			Finance
2024	$	2,111		$	33,248
2025		1,811			33,235
2026		1,085			33,235
2027		911			33,235
2028		886			27,584
Thereafter		449			113,537
Total lease payments	$	7,253		$	274,074
Less: imputed interest		(504	)		(62,187	)
Carrying value of lease liabilities		6,749			211,887
Less: current portion		(1,744	)		(22,080	)
Carrying value of long-term lease liabilities	$	5,005		$	189,807

Schedule of Total Lease Cost

The Company’s total lease costs for the years ended December 31, 2023, 2022 and 2021 recognized in the consolidated statements of income consisted of the following (in thousands):

	For the years ended December 31,
	2023		2022		2021
Amortization of finance lease right-of-use assets – related party	$	—	$	1,226	$	4,906
Amortization of finance lease right-of-use assets – external		3,487		2,609		13,345
Interest on finance lease liabilities – related party		—		7,930		29,080
Interest on finance lease liabilities – external		15,068		15,172		17,231
Operating lease expense		15,790		37,825		29,489
Short-term lease expense		611		1,164		746
Total lease costs	$	34,956	$	65,926	$	94,797

Schedule of Other Information Related to Leases

Other information related to leases for the years ended December 31, 2023, 2022 and 2021 are as follows (in thousands):

	For the years ended December 31,
	2023		2022		2021
Operating cash flows for finance leases	$	15,068	$	15,172	$	17,231
Operating cash flows for finance leases – related party		—		7,930		29,080
Financing cash flows for finance leases		20,619		20,499		36,262
Financing cash flows for finance leases – related party		—		2,912		15,427
Operating cash flows for operating leases		16,518		36,841		29,100
Right-of-use assets obtained in exchange for new operating lease liabilities		—		3,567		15,248