OTHER NON-CURRENT ASSETS

3 Months Ended

Mar. 31, 2023

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

OTHER NON-CURRENT ASSETS

NOTE 4 — OTHER NON-CURRENT ASSETS

Other non-current assets consist of the following (in thousands):

	March 31, 2023		December 31, 2022
Land lease and purchase options	$	—	$	300
Permitting costs	916		916
Right of use asset — operating leases	12,661		13,303
Restricted cash	24,891		24,888
Investment in unconsolidated entity	6,089		6,089
Note receivable	23,546		6,595
Driftwood pipeline materials and rights of way	14,040		9,136
Other	1,190		2,089
Total other non-current assets	$	83,333	$	63,316

Restricted Cash

Restricted cash as of March 31, 2023 and December 31, 2022, represents cash collateralization of a letter of credit associated with a finance lease.

Note Receivable

The Company issued an amended and restated promissory note due June 14, 2031 (the “Note Receivable”) to an unaffiliated entity engaged in the development of infrastructure projects in the energy industry. The outstanding principal balance of the Note Receivable as of March 31, 2023 was approximately $23.5 million. The Promissory Note bears interest at a rate of 6.00%, which will be capitalized into the outstanding principal balance annually.