Derivatives (Tables)

3 Months Ended

Mar. 31, 2024

Derivatives [Abstract]

Schedule of Derivatives not Designated as Hedging Instruments

The classification and amounts of the Company’s derivatives not designated as hedging instruments, and related cash collateral balances, are as follows (in thousands):

	As of March 31, 2024
	Assets			Liabilities
Type of Instrument	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Cash collateral balance	Restricted cash	$	12,762
Commodity contracts	Derivative instruments	$	52	Derivative instruments	$	8,299

	As of December 31, 2023
	Assets			Liabilities
Type of Instrument	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Cash collateral balance	Restricted cash	$	15,466
Commodity contracts	Derivative instruments	$	2,412	Derivative instruments	$	13,849

Schedule of Realized Gains (Losses) for its Derivatives not Designated as Hedging Instruments

The classification and amounts of the Company’s realized gains (losses) for its derivatives not designated as hedging instruments are as follows (in thousands):

		Realized Gains (Losses)
		For the three months Ended March 31,
Type of Instrument	Statements of Operations Location	2024		2023
Commodity contracts	Cost of goods sold	$	148	$	(7,703	)
		$	148	$	(7,703	)

		Unrealized Gains
		For the three months Ended March 31,
Type of Instrument	Statements of Operations Location	2024		2023
Commodity contracts	Cost of goods sold	$	3,190	$	5,926
		$	3,190	$	5,926