Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.24.0.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Reconciliation and Roll Forward of Liability for Removal of Storage Tanks

A reconciliation and roll forward of the liability for the removal of its storage tanks was as follows:

 

 

 

2023

 

 

2022

 

 

 

(in thousands)

 

Beginning Balance as of January 1,

 

$

65,309

 

 

$

58,428

 

Acquisitions in year

 

 

18,016

 

 

 

5,870

 

Accretion expense

 

 

2,399

 

 

 

1,833

 

Adjustments

 

 

(269

)

 

 

(727

)

Retirement of tanks

 

 

(23

)

 

 

(95

)

Ending Balance as of December 31, (*)

 

$

85,432

 

 

$

65,309

 

 

(*) $722 thousand and $400 thousand were recorded to other current liabilities in the consolidated balance sheets as of December 31, 2023 and 2022, respectively.
Schedule of Future Minimum Gallon Volume Purchase Requirements

The total future minimum gallon volume purchase requirements from fuel vendors were as follows:

 

 

 

Gallons

 

 

 

(in thousands)

 

2024

 

 

323,453

 

2025

 

 

221,405

 

2026

 

 

199,762

 

2027

 

 

196,762

 

2028

 

 

176,262

 

Thereafter

 

 

593,294

 

Total

 

 

1,710,938