Quarterly report pursuant to Section 13 or 15(d)

Additional Financial Statement Information

v3.22.2.2
Additional Financial Statement Information
9 Months Ended
Sep. 30, 2022
Additional Financial Statement Information  
Additional Financial Statement Information

3.Additional Financial Statement Information

Balance Sheet

Other balance sheet information is as follows:

(in thousands)

    

September 30, 

December 31, 

    

2022

2021

Other Receivables

Insurance and Third Party Receivables for Remediation Expenses

$

4,578

$

3,099

Reimbursable Projects and Other

1,709

1,027

Total Other Receivables

$

6,287

$

4,126

Prepaids and Deposits

Prepaid Insurance and Other

$

1,787

$

5,953

Deposits

41

90

Total Prepaids and Deposits

$

1,828

$

6,043

Accrued and Other Current Liabilities

Accrued Operating Expense

$

27,085

$

17,774

Accrued Capital Costs

30,680

4,603

Accrued Interest

15,250

7,625

Accrued Compensation

4,878

4,551

Dividends and Distributions Payable

44

3,847

Lease Liabilities

1,025

Other

6,127

2,064

Total Accrued and Other Current Liabilities

$

85,089

$

40,464

Statement of Operations

Other statement of operations information is as follows:

(in thousands)

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

    

2022

    

2021

    

2022

    

2021

Depreciation, Amortization and Accretion Expense

Depreciation - Property, Plant and Equipment

$

7,658

$

7,152

$

21,755

$

20,888

Amortization - Intangible Assets

9,183

8,151

27,551

24,454

Accretion of Asset Retirement Obligations

101

75

418

208

Total Depreciation, Amortization and Accretion Expense

$

16,942

$

15,378

$

49,724

$

45,550

Loss on Asset Disposal and Other

(Gain) Loss on Asset Disposal, Net

$

(97)

$

8

$

481

$

225

Transaction Costs

336

253

1,269

330

Abandoned Projects (1)

679

66

2,035

Total Loss on Asset Disposal and Other

$

239

$

940

$

1,816

$

2,590

Interest Expense

Interest on Debt Instruments

$

7,759

$

8,034

$

23,365

$

18,402

Amortization of Debt Issuance Costs

610

611

1,830

1,434

Total Interest Expense

8,369

8,645

25,195

19,836

Less: Amounts Capitalized

(1,606)

(765)

(3,332)

(1,981)

Interest Expense, Net

$

6,763

$

7,880

$

21,863

$

17,855

(1) Abandoned Projects expense is primarily related to expirations of legacy permits and rights-of-way for projects that were not ultimately constructed.