v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 7,737 $ 3,606
Accounts receivable, net of allowance for credit losses of $1,000 in 2025 and 2024 77,362 111,940
Accounts receivable pledged 178,600 140,200
Derivative assets 7,463 2,308
Prepaid and other current assets 43,908 36,705
Current assets 315,070 294,759
NONCURRENT ASSETS:    
Property, plant and equipment, net 3,808,365 3,433,864
Intangible assets, net 584,619 652,490
Derivative asset, non-current 1,135 65
Operating lease right-of-use assets 83,071 29,814
Deferred tax assets 233,576 203,996
Deferred charges and other assets 85,661 76,994
Investments in unconsolidated affiliates 2,085,499 2,117,878
Goodwill 5,077 5,077
Noncurrent assets 6,887,003 6,520,178
Total assets 7,202,073 6,814,937
CURRENT LIABILITIES:    
Accounts payable 31,610 27,239
Accrued expenses 228,378 186,714
Derivative liabilities 4,078 10,011
Current portion of operating lease liabilities 44,472 18,701
Current debt obligations 178,600 140,200
Other current liabilities 17,185 35,689
Current liabilities 504,323 418,554
NONCURRENT LIABILITIES    
Long term debt, net 3,956,330 3,363,996
Contract liabilities 33,030 20,985
Operating lease liabilities 39,900 11,490
Derivative liabilities 332 1,937
Other liabilities 24,762 2,148
Deferred tax liabilities 18,200 16,761
Noncurrent liabilities 4,072,554 3,417,317
Total liabilities 4,576,877 3,835,871
COMMITMENTS AND CONTINGENCIES (Note 16)
Redeemable noncontrolling interest — Common Unit limited partners 4,400,882 5,955,662
EQUITY:    
Deferred consideration 0 1
Additional paid-in capital 221,979 0
Accumulated deficit (1,997,681) (2,976,612)
Total equity (1,775,686) (2,976,596)
Total liabilities, noncontrolling interest and equity 7,202,073 6,814,937
Common Class A    
EQUITY:    
Common stock 6 6
Common Class C    
EQUITY:    
Common stock $ 10 $ 9