v3.25.4
Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities that are Measured at Fair Value on a Recurring Basis

The Company’s assets and liabilities that are measured at fair value on a recurring basis include the following as of December 31, 2025 and 2024, set forth by level, within the fair value hierarchy:

 

 

December 31, 2025

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Interest rate swap derivative asset

$

 

$

220

 

$

 

$

220

 

Asset retirement obligations

 

 

 

 

 

(6,960

)

 

(6,960

)

$

 

$

220

 

$

(6,960

)

$

(6,740

)

 

 

December 31, 2024

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Interest rate swap derivative asset

$

 

$

769

 

$

 

$

769

 

Asset retirement obligations

 

 

 

 

 

(6,338

)

 

(6,338

)

Pico earn-out liability

 

 

 

 

 

(3,406

)

 

(3,406

)

$

 

$

769

 

$

(9,744

)

$

(8,975

)