LEASES (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Summary of Assets And Liabilities, Lessee

The following table shows the classification and location of our right-of-use assets and lease liabilities on our Consolidated Balance Sheets (in thousands):

		December 31,
Leases	Consolidated Balance Sheets Classification	2023		2022
Right of use asset
Operating	Other Non-Current Assets	$	12,814	$	13,303
Finance	Property, plant and equipment, net	126,225		56,708
Total Leased Assets		$	139,039	$	70,011
Liabilities
Current
Operating	Accrued and other liabilities	$	3,835	$	2,734
Finance	Accrued and other liabilities	875		140
Non-Current
Operating	Other non-current liabilities	10,743		12,148
Finance	Finance lease liabilities	121,450		49,963
Total leased liabilities		$	136,903	$	64,985

Other information about lease amounts recognized in our Consolidated Financial Statements is as follows:

	December 31,
Lease term and discount rate	2023		2022
Weighted average remaining lease term (years)
Operating lease	3.5		4.5
Finance lease	36.1		48.4
Weighted average discount rate
Operating lease	6.4	%	6.2	%
Finance lease	8.7	%	9.4	%

Schedule of Lease, Cost

Lease costs recognized in our Consolidated Statements of Operations is summarized as follows (in thousands):

	Year Ended December 31,
Lease costs	2023		2022		2021
Operating lease cost	$	3,915	$	3,149	$	2,519
Finance lease cost
Amortization of lease assets	3,461		1,174		788
Interest on lease liabilities	9,202		3,978		2,904
Finance lease cost	$	12,663	$	5,152	$	3,692
Total lease cost	$	16,578	$	8,301	$	6,211

The following shows other quantitative information for our operating and finance leases (in thousands):

	Year Ended December 31,
.	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	4,333	$	3,423	$	2,953
Operating cash flows from finance leases	$	7,950	$	3,674	$	1,813
Financing cash flows from finance leases	$	512	$	132	$	1,926

Schedule of Finance Lease, Liability, Maturity

The table below presents an analysis of the maturity of our lease liability on an undiscounted basis and reconciles those amounts to the present value of the lease liability as of December 31, 2022 (in thousands):

	Operating		Finance
2024	$	4,666	$	10,491
2025	4,721		10,491
2026	4,756		10,491
2027	1,954		10,491
2028	275		10,491
After 2028	—		322,334
Total lease payments	$	16,372	$	374,789
Less: discount	1,794		252,465
Present value of lease liability	$	14,578	$	122,324

Schedule of Operating Lease Maturity

The table below presents an analysis of the maturity of our lease liability on an undiscounted basis and reconciles those amounts to the present value of the lease liability as of December 31, 2022 (in thousands):

	Operating		Finance
2024	$	4,666	$	10,491
2025	4,721		10,491
2026	4,756		10,491
2027	1,954		10,491
2028	275		10,491
After 2028	—		322,334
Total lease payments	$	16,372	$	374,789
Less: discount	1,794		252,465
Present value of lease liability	$	14,578	$	122,324