Other Assets

9 Months Ended

Sep. 30, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Assets

Other Assets

Components of other assets were as follows at the dates indicated (in thousands):

	September 30,		December 31,
	2022		2021
Amounts associated with liability insurance program:
Insurance collateral deposits	$	390	$	721
Excess loss fund	622		622
Accumulated interest income	523		489
Other amounts:
State collateral deposits	36		36
Materials and supplies	1,209		574
Debt issuance costs	392		292
Other	273		293
Total other assets	$	3,445	$	3,027

We have established certain deposits to support participation in our liability insurance program and remittance of state crude oil severance taxes and other state collateral deposits. Insurance collateral deposits are held by the insurance company to cover past or potential open claims based upon a percentage of the maximum assessment under our insurance policies. Insurance collateral deposits are invested at the discretion of our insurance carrier. Excess amounts in our loss fund represent premium payments in excess of claims incurred to date that we may be entitled to recover through settlement or commutation as claim periods are closed. Interest income is earned on the majority of amounts held by the insurance companies and will be paid to us upon settlement of policy years.