Commitments and Contingencies (Tables)
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3 Months Ended |
Mar. 31, 2026 |
| Commitments and Contingencies Disclosure [Abstract] |
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| Schedule of Renewable Energy Credit Commitments |
The Company's commitments to third parties under REC sales contracts for each of the next five years and thereafter are as follows: | | | | | | | | | | (in thousands) | | Number of | | Year ended December 31, | | RECs | | 2026 | | 21 | | | 2027 | | 21 | | | 2028 | | 21 | | | 2029 | | 21 | | | 2030 | | 20 | | | Thereafter | | 144 | | | Total | | 248 | |
The Company's commitments to third parties under REC sales contracts for each of the next five years and thereafter are as follows: | | | | | | | | | | (in thousands) | | | | Period ended March 31, | | Number of RECs | | 2026-2027 | | 18 | | 2027-2028 | | 21 | | 2028-2029 | | 21 | | 2029-2030 | | 21 | | 2030-2031 | | 20 | | Thereafter | | 139 | | Total | | 240 |
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| Schedule of Maturity of Finance Lease |
Maturities of the Company’s lease liabilities for each of the next five years and thereafter are as follows: | | | | | | | | | | | | | | | | (in thousands) | | | | | | Year ended December 31, | | Operating Leases | | Finance Leases | | 2026 | | $ | 10,822 | | | $ | 18 | | | 2027 | | 13,733 | | | 3 | | | 2028 | | 10,980 | | | — | | | 2029 | | 11,363 | | | — | | | 2030 | | 11,476 | | | — | | | Thereafter | | 410,823 | | | — | | | Total lease payments | | 469,197 | | | 21 | | | Less: Imputed interest | | (294,678) | | | (1) | | | Present value of lease liabilities | | $ | 174,519 | | | $ | 20 | |
Maturities of the Company’s ASC 842 lease liabilities for each of the next five years and thereafter are as follows: | | | | | | | | | | | | | | | | (in thousands) | | | | | | Period ended March 31, | | Operating Leases | | Finance Leases | | 2026-2027 | | $ | 10,899 | | | $ | 17 | | | 2027-2028 | | 13,787 | | | — | | | 2028-2029 | | 11,045 | | | — | | | 2029-2030 | | 11,436 | | | — | | | 2030-2031 | | 11,563 | | | — | | | Thereafter | | 406,146 | | | — | | | Total lease payments | | 464,876 | | | 17 | | | Less: Imputed interest | | (291,923) | | | — | | | Present value of lease liabilities | | $ | 172,953 | | | $ | 17 | |
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| Schedule of Maturity of Operating Lease |
Maturities of the Company’s lease liabilities for each of the next five years and thereafter are as follows: | | | | | | | | | | | | | | | | (in thousands) | | | | | | Year ended December 31, | | Operating Leases | | Finance Leases | | 2026 | | $ | 10,822 | | | $ | 18 | | | 2027 | | 13,733 | | | 3 | | | 2028 | | 10,980 | | | — | | | 2029 | | 11,363 | | | — | | | 2030 | | 11,476 | | | — | | | Thereafter | | 410,823 | | | — | | | Total lease payments | | 469,197 | | | 21 | | | Less: Imputed interest | | (294,678) | | | (1) | | | Present value of lease liabilities | | $ | 174,519 | | | $ | 20 | |
Maturities of the Company’s ASC 842 lease liabilities for each of the next five years and thereafter are as follows: | | | | | | | | | | | | | | | | (in thousands) | | | | | | Period ended March 31, | | Operating Leases | | Finance Leases | | 2026-2027 | | $ | 10,899 | | | $ | 17 | | | 2027-2028 | | 13,787 | | | — | | | 2028-2029 | | 11,045 | | | — | | | 2029-2030 | | 11,436 | | | — | | | 2030-2031 | | 11,563 | | | — | | | Thereafter | | 406,146 | | | — | | | Total lease payments | | 464,876 | | | 17 | | | Less: Imputed interest | | (291,923) | | | — | | | Present value of lease liabilities | | $ | 172,953 | | | $ | 17 | |
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| Other Commitments |
Future minimum payments under the non-cancellable terms of these non-ASC 842 arrangements, are as follows for each of the next five years and thereafter: | | | | | | | | | | (in thousands) | | | | Period ended March 31, | | Amount | | 2026-2027 | | $ | 1,502 | | | 2027-2028 | | 1,534 | | | 2028-2029 | | 1,567 | | | 2029-2030 | | 1,601 | | | 2030-2031 | | 1,636 | | | Thereafter | | 17,012 | | | Total payments | | $ | 24,852 | |
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