LEASES (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Operating Lease Weighted Average Remaining Lease Terms and Discount Rates

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

Creditor	2023		2022
Matheson Tri-Gas	$	44,132	$	45,311
Plaquemines	994		1,169
Harvey Ford	39		47
DLL financial	47		—
Diego	137		—
Centerpoint Blakely	23,292		—
	$	68,641	$	46,527

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

	Year Ended December 31,
Lease Cost Type	2023		2022		2021
Amortization of finance lease ROU assets	$	3,740	$	2,291	$	114
Interest on lease liabilities	6,004		4,117		99
Net finance lease costs	$	9,744	$	6,408	$	213

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

	Year Ended December 31,
Lease Cost Type	2023		2022		2021
Operating lease cost	$	22,285	$	8,349	$	5,566
Variable lease cost	2,932		1,032		225
Short-term lease cost	23,392		950		1,322
Net lease cost	$	48,609	$	10,331	$	7,113

The weighted average remaining lease terms and discount rates for all of our operating leases were as follows as of December 31, 2023:

Remaining lease term and discount rate:	December 31, 2023
Weighted average remaining lease terms (years)
Lease facilities	6.60
Lease equipment	3.16
Lease plant	15.83
Lease railcar	1.57
Weighted average discount rate
Lease facilities	11.02	%
Lease equipment	12.09	%
Lease plant	12.28	%
Lease railcar	10.18	%

Schedule of Finance Lease, Liability, Fiscal Year Maturity

Future payments of finance lease obligations, as of December 31, 2023 are summarized as follows (in thousands):

Year Ended December 31,	Amount Due
2024	$	8,446
2025	8,459
2026	8,449
2027	8,410
2028	26,488
Thereafter	57,877
Total	118,129
Less: interest	(49,488)
Present value of financing lease liabilities	68,641
Less: current portion of lease liabilities	(2,435)
Total lease liabilities, net of current portion	$	66,206

Schedule of Maturities of Operating Lease Liabilities

Maturities of our lease liabilities for all operating leases are as follows as of December 31, 2023 (in thousands):

For the period ending December 31,	Facilities		Equipment		Plant		Railcar		Total
2024	$	948	$	20,168	$	8,953	$	614	$	30,683
2025	842		10,078		8,538		471		19,929
2026	643		5,058		8,538		328		14,567
2027	604		4,371		8,589		165		13,729
2028	584		324		7,735		—		8,643
Thereafter	1,407		—		81,904		—		83,311
Total lease payments	5,028		39,999		124,257		1,578		170,862
Less: interest	(1,481)		(5,761)		(68,656)		(224)		(76,122)
Present value of operating lease liabilities	3,547		34,238		55,601		1,354		94,740
Less: current portion of lease liabilities	(582)		(16,950)		(2,265)		(499)		(20,296)
Total lease liabilities, net of current portion	$	2,965	$	17,288	$	53,336	$	855	$	74,444