LEASES (Tables)

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

Schedule of Lease Cost

The Company's finance lease liabilities consisted of the following as of June 30, 2023 and December 31, 2022 (in thousands):

Creditor	Loan Type	June 30, 2023		December 31, 2022
Matheson	Finance Lease	$	44,739	$	45,311
Plaquemines	Finance Lease	1,096		1,169
Harvey Ford	Finance Lease	43		47
DLL financial	Finance Lease	21		—
Centerpoint Blakely	Finance Lease	23,711		—
		$	69,610	$	46,527

The following table summarizes the lease cost recognized in our consolidated statements of operations (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
Lease Cost Type	2023		2022		2023		2022
Amortization of finance lease ROU assets	$	984	$	780	$	1,769	$	808
Interest on lease liabilities	1,551		1,366		2,934		1,378
Net finance lease costs	$	2,535	$	2,146	$	4,703	$	2,186

The following table summarizes the operating lease costs recognized (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
Lease Cost Type	2023		2022		2023		2022
Operating lease cost	$	4,962	$	1,530	$	8,032	$	2,964
Variable lease cost	609		306		869		351
Short-term lease cost	181		2,114		2,110		3,978
Net lease cost	$	5,752	$	3,950	$	11,011	$	7,293

The following table summarizes the supplemental cash flow information related to leases as follows (in thousands):

	Six Months Ended June 30,
Lease Cost Type	2023		2022
Cash paid for amounts included in the measurement of liabilities
Payments on financing lease	$	908	$	402
Payments on operating lease	$	8,032	$	3,819
Non-cash supplemental amounts
ROU assets obtained from new finance lease liabilities	$	23,990	$	45,096
ROU assets obtained from new operating lease liabilities	$	38,945	$	—

The weighted average remaining lease terms and discount rates for all of our operating leases were as follows as of June 30, 2023:

Remaining lease term and discount rate:	June 30, 2023
Weighted average remaining lease terms (years)
Lease facilities	4.95
Lease equipment	3.60
Lease plant	16.52
Lease railcar	2.14
Weighted average discount rate
Lease facilities	9.26	%
Lease equipment	11.90	%
Lease plant	12.24	%
Lease railcar	8.47	%

Schedule of Finance Lease, Liability, Fiscal Year Maturity

Future maturities of finance lease obligations, as of June 30, 2023, are summarized as follows (in thousands):

Period Ended June 30,	Amount Due
2024	$	8,409
2025	8,409
2026	8,404
2027	8,400
2028	27,330
Thereafter	61,152
Total lease payments	122,104
Less: interest	(52,494)
Present value of financing lease liabilities	$	69,610

Schedule of Maturities of Operating Lease Liabilities

Maturities of our lease liabilities for all operating leases are as follows as of June 30, 2023 (in thousands):

For the period ending June 30,	Facilities		Equipment		Plant		Railcar		Total
2024	$	535	$	16,776	$	7,421	$	856	$	25,588
2025	418		13,579		7,421		654		22,072
2026	333		5,058		7,421		485		13,297
2027	300		5,058		7,440		306		13,104
2028	300		2,185		7,477		49		10,011
Thereafter	1,300		—		83,553		—		84,853
Total lease payments	3,186		42,656		120,733		2,350		168,925
Less: interest	(952)		(6,136)		(69,098)		(237)		(76,423)
Present value of operating lease liabilities	$	2,234	$	36,520	$	51,635	$	2,113	$	92,502