v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 720 $ 3,951
Accounts receivable, net of allowance for credit losses of $1,000 in 2026 and 2025 92,713 85,276
Accounts receivable pledged 187,100 165,200
Derivative assets 7,531 13,906
Prepaid and other current assets 30,733 33,703
Current assets 318,797 302,036
NONCURRENT ASSETS:    
Property, plant and equipment, net 3,891,665 3,866,236
Intangible assets, net 523,184 553,230
Derivative asset, non-current 2,453 1,467
Operating lease right-of-use assets 56,398 71,147
Deferred tax assets 225,944 197,702
Deferred charges and other assets 95,621 89,991
Investments in unconsolidated affiliates 1,991,604 2,008,725
Goodwill 5,077 5,077
Noncurrent assets 6,791,946 6,793,575
Total assets 7,110,743 7,095,611
CURRENT LIABILITIES:    
Accounts payable 28,672 42,067
Accrued expenses 227,571 172,050
Derivative liabilities 42,046 5,506
Current portion of operating lease liabilities 39,957 43,614
Current debt obligations 187,100 165,200
Other current liabilities 11,723 12,064
Current liabilities 537,069 440,501
NONCURRENT LIABILITIES    
Long term debt, net 3,644,128 3,627,720
Contract liabilities 30,493 30,959
Operating lease liabilities 18,149 29,033
Derivative liabilities 1,712 0
Other liabilities 14,819 14,717
Deferred tax liabilities 22,222 22,299
Noncurrent liabilities 3,731,523 3,724,728
Total liabilities 4,268,592 4,165,229
COMMITMENTS AND CONTINGENCIES (Note 16)
Redeemable noncontrolling interest — Common Unit limited partners 4,511,385 3,495,762
EQUITY:    
Additional paid-in capital 0 240,725
Accumulated deficit (1,669,250) (806,121)
Total equity (1,669,234) (565,380)
Total liabilities, noncontrolling interest and equity 7,110,743 7,095,611
Common Class A    
EQUITY:    
Common stock 7 6
Common Class C    
EQUITY:    
Common stock $ 9 $ 10