v3.26.1
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Property, Plant and Equipment, Useful Life
Property, plant and equipment, net is summarized as follows:
June 30, 2026December 31, 2025
Land, site improvements and rights$360,555 $513,835 
Buildings and improvements39,322 72,997 
Bridges and tunnels968,640 969,551 
Terminal machinery and equipment1,301,890 1,357,502 
Proved oil and gas properties 304,716 
Unproved oil and gas properties 144,455 
Power plant 850,489 
Track and track related assets347,848 335,850 
Railroad equipment4,238 9,694 
Railcars and locomotives181,955 181,892 
Computer hardware and software22,408 22,532 
Furniture and fixtures2,246 2,246 
Construction in progress360,745 263,495 
Other29,591 30,029 
3,619,438 5,059,283 
Less: Accumulated depreciation(483,898)(477,512)
Property, plant and equipment, net$3,135,540 $4,581,771 
Depreciation expense for property, plant and equipment is summarized as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Depreciation expense$38,021 $32,576 $87,230 $56,182 
Schedule of Accumulated Other Comprehensive Income (Loss)
Components of accumulated other comprehensive (loss) income at June 30, 2026 are as follows:
Three and Six Months Ended June 30, 2026
DerivativesPension and other postretirement benefit accountsTotal
Accumulated other comprehensive (loss) income - December 31, 2025
$(112,196)$21,578 $(90,618)
Other comprehensive loss before reclassification(12,106) (12,106)
Amounts reclassified from accumulated other comprehensive income (loss)15,960 (531)15,429 
Net current period other comprehensive income (loss), net of tax3,854 (531)3,323 
Accumulated other comprehensive (loss) income - March 31, 2026$(108,342)$21,047 $(87,295)
Other comprehensive loss before reclassification(47,488) (47,488)
Amounts reclassified from accumulated other comprehensive income (loss)4,731 (487)4,244 
Net current period other comprehensive loss, net of tax(42,757)(487)(43,244)
Accumulated other comprehensive (loss) income - June 30, 2026$(151,099)$20,560 $(130,539)
Components of accumulated other comprehensive (loss) income at June 30, 2025 are as follows:
Three and Six Months Ended June 30, 2025
DerivativesEquity method investeePension and other postretirement benefit accountsTotal
Accumulated other comprehensive (loss) income - December 31, 2024$— $(182,983)$25,932 $(157,051)
Other comprehensive loss before reclassification(24,050)(633)— (24,683)
Amounts reclassified from accumulated other comprehensive (loss) income(381)183,616 (558)182,677 
Net current period other comprehensive (loss) income, net of tax(24,431)182,983 (558)157,994 
Accumulated other comprehensive (loss) income - March 31, 2025$(24,431)$— $25,374 $943 
Other comprehensive loss before reclassification(16,124)— — (16,124)
Amounts reclassified from accumulated other comprehensive loss(1,344)— (559)(1,903)
Net current period other comprehensive loss, net of tax(17,468)— (559)(18,027)
Accumulated other comprehensive (loss) income - June 30, 2025$(41,899)$— $24,815 $(17,084)