v3.25.2
Investment in Laramie Energy (Tables)
 6 Months Ended
Jun. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Change in Equity Investment
The change in our equity investment in YELP is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Beginning balance$62,456 $58,676 $57,167 $59,824 
Equity earnings from YELP
5,842 2,290 11,479 6,755 
Amortization of basis difference
(348)(348)(696)(696)
Dividends received— — — (5,265)
Ending balance$67,950 $60,618 $67,950 $60,618 
The change in our equity investment in YPLC is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Beginning balance$31,369 $29,639 $29,144 $27,662 
Equity earnings from YPLC
1,773 1,763 3,960 3,702 
Accretion of basis difference38 38 76 76 
Dividends received(5,840)(3,840)(5,840)(3,840)
Ending balance$27,340 $27,600 $27,340 $27,600 
The change in our equity investment in Laramie Energy is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Beginning balance$13,224 $18,842 $12,498 $14,279 
Equity earnings (losses) from Laramie Energy
242 (2,975)(646)(26)
Accretion of basis difference1,614 1,615 3,228 3,229 
Dividends received— (1,485)— (1,485)
Ending balance
$15,080 $15,997 $15,080 $15,997