Subsequent Events |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events Except for the events listed below, we evaluated all of our activity and concluded that no subsequent events have occurred that would require recognition in our consolidated financial statements or disclosed in the notes to our consolidated financial statements. In January 2026, the Company entered into an amended arrangement with the State of South Dakota Department of Transportation and Davison Regional Railroad Authority to increase the total principal amount from $12.6 million to $18.3 million. As a result of the amendment, the Company’s annual principal and interest payments were increased to $1.4 million, commencing in October 2026. On February 10, 2026, the Company’s Board of Managers declared a cash distribution to its members of approximately $8.5 million. The distribution was issued and paid to members on February 12, 2026 in accordance with the Company's operating agreement and distribution policy.
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