| Additional Financial Statement Information |
3.Additional Financial Statement Information
Balance Sheet
Other balance sheet information is as follows:
|
|
|
|
|
|
|
(in thousands) |
|
March 31, |
|
December 31, |
|
|
2022 |
|
2021 |
Other Receivables |
|
|
|
|
|
|
Insurance and Third Party Receivables for Remediation Expenses |
|
$ |
2,304 |
|
$ |
3,099 |
Reimbursable Projects and Other |
|
|
426 |
|
|
1,027 |
Total Other Receivables |
|
$ |
2,730 |
|
$ |
4,126 |
|
|
|
|
|
|
|
Prepaids and Deposits |
|
|
|
|
|
|
Prepaid Insurance and Other |
|
$ |
5,100 |
|
$ |
5,953 |
Deposits |
|
|
91 |
|
|
90 |
Total Prepaids and Deposits |
|
$ |
5,191 |
|
$ |
6,043 |
|
|
|
|
|
|
|
Accrued and Other Current Liabilities |
|
|
|
|
|
|
Accrued Operating Expense |
|
$ |
13,787 |
|
$ |
17,774 |
Accrued Capital Costs |
|
|
10,324 |
|
|
4,603 |
Accrued Interest |
|
|
15,439 |
|
|
7,625 |
Accrued Compensation |
|
|
1,570 |
|
|
3,955 |
Dividends and Distributions Payable |
|
|
— |
|
|
3,847 |
Lease Liabilities |
|
|
1,092 |
|
|
— |
Other |
|
|
3,962 |
|
|
2,660 |
Total Accrued and Other Current Liabilities |
|
$ |
46,174 |
|
$ |
40,464 |
Statement of Operations
Other statement of operations information is as follows:
|
|
|
|
|
|
|
(in thousands) |
|
Three Months Ended |
|
|
March 31, |
|
|
2022 |
|
2021 |
Depreciation, Amortization and Accretion Expense |
|
|
|
|
|
|
Depreciation - Property, Plant and Equipment |
|
$ |
7,177 |
|
$ |
6,739 |
Amortization - Intangible Assets |
|
|
9,184 |
|
|
8,151 |
Accretion of Asset Retirement Obligations |
|
|
218 |
|
|
67 |
Total Depreciation, Amortization and Accretion Expense |
|
$ |
16,579 |
|
$ |
14,957 |
|
|
|
|
|
|
|
Loss on Asset Disposal and Other |
|
|
|
|
|
|
Loss on Asset Disposal, Net |
|
$ |
554 |
|
$ |
44 |
Transaction Costs |
|
|
508 |
|
|
62 |
Abandoned Projects (1) |
|
|
2 |
|
|
211 |
Total Loss on Asset Disposal and Other |
|
$ |
1,064 |
|
$ |
317 |
|
|
|
|
|
|
|
Interest Expense |
|
|
|
|
|
|
Interest on Debt Instruments |
|
$ |
7,812 |
|
$ |
2,793 |
Amortization of Deferred Financing Costs |
|
|
610 |
|
|
214 |
Total Interest Expense |
|
|
8,422 |
|
|
3,007 |
Less: Amounts Capitalized |
|
|
(637) |
|
|
(356) |
Interest Expense, Net |
|
$ |
7,785 |
|
$ |
2,651 |
| (1) |
Abandoned Projects expense is primarily related to expirations of legacy permits and rights-of-way for projects that were not ultimately constructed. |
|