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aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.57 percent maturing on March 30, 2033 . On May 1, 2023, we issued and sold an additional $ 30 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.42 percent maturing on May 1, 2033 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to repay a portion of our outstanding borrowings under our revolving credit facilities and for other general corporate purposes. | text | 5.57 | percentItemType | text: <entity> 5.57 </entity> <entity type> percentItemType </entity type> <context> aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.57 percent maturing on March 30, 2033 . On May 1, 2023, we issued and sold an additional $ 30 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.42 percent maturing on May 1, 2033 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to repay a portion of our outstanding borrowings under our revolving credit facilities and for other general corporate purposes. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.57 percent maturing on March 30, 2033 . On May 1, 2023, we issued and sold an additional $ 30 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.42 percent maturing on May 1, 2033 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to repay a portion of our outstanding borrowings under our revolving credit facilities and for other general corporate purposes. | text | 30 | monetaryItemType | text: <entity> 30 </entity> <entity type> monetaryItemType </entity type> <context> aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.57 percent maturing on March 30, 2033 . On May 1, 2023, we issued and sold an additional $ 30 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.42 percent maturing on May 1, 2033 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to repay a portion of our outstanding borrowings under our revolving credit facilities and for other general corporate purposes. </context> | us-gaap:DebtInstrumentFaceAmount |
aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.57 percent maturing on March 30, 2033 . On May 1, 2023, we issued and sold an additional $ 30 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.42 percent maturing on May 1, 2033 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to repay a portion of our outstanding borrowings under our revolving credit facilities and for other general corporate purposes. | text | 5.42 | percentItemType | text: <entity> 5.42 </entity> <entity type> percentItemType </entity type> <context> aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.57 percent maturing on March 30, 2033 . On May 1, 2023, we issued and sold an additional $ 30 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.42 percent maturing on May 1, 2033 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to repay a portion of our outstanding borrowings under our revolving credit facilities and for other general corporate purposes. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
On June 29, 2023, the City of Forsyth, Rosebud County, Montana issued $ 144.7 million principal amount of Pollution Control Revenue Refunding Bonds (2023 Pollution Control Bonds) on our behalf. The 2023 Pollution Control Bonds were issued at a fixed interest rate of 3.88 percent maturing on July 1, 2028 . The proceeds of the issuance were loaned to us pursuant to a Loan Agreement and were deposited directly with U.S. Bank Trust Company, National Association, as trustee, for the redemption of the 2.00 percent, $ 144.7 million City of Forsyth Pollution Control Revenue Refunding Bonds due on August 1, 2023 that had previously been issued on our behalf. Pursuant to the Loan Agreement, we are obligated to make payments in such amounts and at such times as will be sufficient to pay, when due, the principal and interest on the 2023 Pollution Control Bonds. Our obligations under the Loan Agreement are secured by delivery of a like amount of our Montana First Mortgage Bonds, which are secured by our Montana electric and natural gas assets. So long as we are making payments under the Loan Agreement, no payments under these mortgage bonds will be due. The 2023 Pollution Control Bonds were issued in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended. | text | 144.7 | monetaryItemType | text: <entity> 144.7 </entity> <entity type> monetaryItemType </entity type> <context> On June 29, 2023, the City of Forsyth, Rosebud County, Montana issued $ 144.7 million principal amount of Pollution Control Revenue Refunding Bonds (2023 Pollution Control Bonds) on our behalf. The 2023 Pollution Control Bonds were issued at a fixed interest rate of 3.88 percent maturing on July 1, 2028 . The proceeds of the issuance were loaned to us pursuant to a Loan Agreement and were deposited directly with U.S. Bank Trust Company, National Association, as trustee, for the redemption of the 2.00 percent, $ 144.7 million City of Forsyth Pollution Control Revenue Refunding Bonds due on August 1, 2023 that had previously been issued on our behalf. Pursuant to the Loan Agreement, we are obligated to make payments in such amounts and at such times as will be sufficient to pay, when due, the principal and interest on the 2023 Pollution Control Bonds. Our obligations under the Loan Agreement are secured by delivery of a like amount of our Montana First Mortgage Bonds, which are secured by our Montana electric and natural gas assets. So long as we are making payments under the Loan Agreement, no payments under these mortgage bonds will be due. The 2023 Pollution Control Bonds were issued in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended. </context> | us-gaap:DebtInstrumentFaceAmount |
On June 29, 2023, the City of Forsyth, Rosebud County, Montana issued $ 144.7 million principal amount of Pollution Control Revenue Refunding Bonds (2023 Pollution Control Bonds) on our behalf. The 2023 Pollution Control Bonds were issued at a fixed interest rate of 3.88 percent maturing on July 1, 2028 . The proceeds of the issuance were loaned to us pursuant to a Loan Agreement and were deposited directly with U.S. Bank Trust Company, National Association, as trustee, for the redemption of the 2.00 percent, $ 144.7 million City of Forsyth Pollution Control Revenue Refunding Bonds due on August 1, 2023 that had previously been issued on our behalf. Pursuant to the Loan Agreement, we are obligated to make payments in such amounts and at such times as will be sufficient to pay, when due, the principal and interest on the 2023 Pollution Control Bonds. Our obligations under the Loan Agreement are secured by delivery of a like amount of our Montana First Mortgage Bonds, which are secured by our Montana electric and natural gas assets. So long as we are making payments under the Loan Agreement, no payments under these mortgage bonds will be due. The 2023 Pollution Control Bonds were issued in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended. | text | 3.88 | percentItemType | text: <entity> 3.88 </entity> <entity type> percentItemType </entity type> <context> On June 29, 2023, the City of Forsyth, Rosebud County, Montana issued $ 144.7 million principal amount of Pollution Control Revenue Refunding Bonds (2023 Pollution Control Bonds) on our behalf. The 2023 Pollution Control Bonds were issued at a fixed interest rate of 3.88 percent maturing on July 1, 2028 . The proceeds of the issuance were loaned to us pursuant to a Loan Agreement and were deposited directly with U.S. Bank Trust Company, National Association, as trustee, for the redemption of the 2.00 percent, $ 144.7 million City of Forsyth Pollution Control Revenue Refunding Bonds due on August 1, 2023 that had previously been issued on our behalf. Pursuant to the Loan Agreement, we are obligated to make payments in such amounts and at such times as will be sufficient to pay, when due, the principal and interest on the 2023 Pollution Control Bonds. Our obligations under the Loan Agreement are secured by delivery of a like amount of our Montana First Mortgage Bonds, which are secured by our Montana electric and natural gas assets. So long as we are making payments under the Loan Agreement, no payments under these mortgage bonds will be due. The 2023 Pollution Control Bonds were issued in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
On June 29, 2023, the City of Forsyth, Rosebud County, Montana issued $ 144.7 million principal amount of Pollution Control Revenue Refunding Bonds (2023 Pollution Control Bonds) on our behalf. The 2023 Pollution Control Bonds were issued at a fixed interest rate of 3.88 percent maturing on July 1, 2028 . The proceeds of the issuance were loaned to us pursuant to a Loan Agreement and were deposited directly with U.S. Bank Trust Company, National Association, as trustee, for the redemption of the 2.00 percent, $ 144.7 million City of Forsyth Pollution Control Revenue Refunding Bonds due on August 1, 2023 that had previously been issued on our behalf. Pursuant to the Loan Agreement, we are obligated to make payments in such amounts and at such times as will be sufficient to pay, when due, the principal and interest on the 2023 Pollution Control Bonds. Our obligations under the Loan Agreement are secured by delivery of a like amount of our Montana First Mortgage Bonds, which are secured by our Montana electric and natural gas assets. So long as we are making payments under the Loan Agreement, no payments under these mortgage bonds will be due. The 2023 Pollution Control Bonds were issued in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended. | text | 2.00 | percentItemType | text: <entity> 2.00 </entity> <entity type> percentItemType </entity type> <context> On June 29, 2023, the City of Forsyth, Rosebud County, Montana issued $ 144.7 million principal amount of Pollution Control Revenue Refunding Bonds (2023 Pollution Control Bonds) on our behalf. The 2023 Pollution Control Bonds were issued at a fixed interest rate of 3.88 percent maturing on July 1, 2028 . The proceeds of the issuance were loaned to us pursuant to a Loan Agreement and were deposited directly with U.S. Bank Trust Company, National Association, as trustee, for the redemption of the 2.00 percent, $ 144.7 million City of Forsyth Pollution Control Revenue Refunding Bonds due on August 1, 2023 that had previously been issued on our behalf. Pursuant to the Loan Agreement, we are obligated to make payments in such amounts and at such times as will be sufficient to pay, when due, the principal and interest on the 2023 Pollution Control Bonds. Our obligations under the Loan Agreement are secured by delivery of a like amount of our Montana First Mortgage Bonds, which are secured by our Montana electric and natural gas assets. So long as we are making payments under the Loan Agreement, no payments under these mortgage bonds will be due. The 2023 Pollution Control Bonds were issued in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
On March 28, 2024, NW Corp issued and sold $ 175.0 million aggregate principal amount of Montana First Mortgage Bonds at a fixed interest rate of 5.56 percent maturing on March 28, 2031 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to redeem NW Corp's $ 100.0 million of Montana First Mortgage Bonds due this year and for other general utility purposes. The bonds are secured by NW Corp's electric and natural gas assets associated with its Montana utility operations. | text | 175.0 | monetaryItemType | text: <entity> 175.0 </entity> <entity type> monetaryItemType </entity type> <context> On March 28, 2024, NW Corp issued and sold $ 175.0 million aggregate principal amount of Montana First Mortgage Bonds at a fixed interest rate of 5.56 percent maturing on March 28, 2031 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to redeem NW Corp's $ 100.0 million of Montana First Mortgage Bonds due this year and for other general utility purposes. The bonds are secured by NW Corp's electric and natural gas assets associated with its Montana utility operations. </context> | us-gaap:DebtInstrumentFaceAmount |
On March 28, 2024, NW Corp issued and sold $ 175.0 million aggregate principal amount of Montana First Mortgage Bonds at a fixed interest rate of 5.56 percent maturing on March 28, 2031 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to redeem NW Corp's $ 100.0 million of Montana First Mortgage Bonds due this year and for other general utility purposes. The bonds are secured by NW Corp's electric and natural gas assets associated with its Montana utility operations. | text | 5.56 | percentItemType | text: <entity> 5.56 </entity> <entity type> percentItemType </entity type> <context> On March 28, 2024, NW Corp issued and sold $ 175.0 million aggregate principal amount of Montana First Mortgage Bonds at a fixed interest rate of 5.56 percent maturing on March 28, 2031 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to redeem NW Corp's $ 100.0 million of Montana First Mortgage Bonds due this year and for other general utility purposes. The bonds are secured by NW Corp's electric and natural gas assets associated with its Montana utility operations. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
On March 28, 2024, NW Corp issued and sold $ 175.0 million aggregate principal amount of Montana First Mortgage Bonds at a fixed interest rate of 5.56 percent maturing on March 28, 2031 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to redeem NW Corp's $ 100.0 million of Montana First Mortgage Bonds due this year and for other general utility purposes. The bonds are secured by NW Corp's electric and natural gas assets associated with its Montana utility operations. | text | 100.0 | monetaryItemType | text: <entity> 100.0 </entity> <entity type> monetaryItemType </entity type> <context> On March 28, 2024, NW Corp issued and sold $ 175.0 million aggregate principal amount of Montana First Mortgage Bonds at a fixed interest rate of 5.56 percent maturing on March 28, 2031 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used to redeem NW Corp's $ 100.0 million of Montana First Mortgage Bonds due this year and for other general utility purposes. The bonds are secured by NW Corp's electric and natural gas assets associated with its Montana utility operations. </context> | us-gaap:DebtInstrumentFaceAmount |
On March 28, 2024, NWE Public Service issued and sold $ 33.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.55 percent maturing on March 28, 2029 , and $ 7.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.75 percent maturing on March 28, 2034 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used for general utility purposes. The bonds are secured by NWE Public Service's electric and natural gas assets associated with its South Dakota and Nebraska utility operations. | text | 33.0 | monetaryItemType | text: <entity> 33.0 </entity> <entity type> monetaryItemType </entity type> <context> On March 28, 2024, NWE Public Service issued and sold $ 33.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.55 percent maturing on March 28, 2029 , and $ 7.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.75 percent maturing on March 28, 2034 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used for general utility purposes. The bonds are secured by NWE Public Service's electric and natural gas assets associated with its South Dakota and Nebraska utility operations. </context> | us-gaap:DebtInstrumentFaceAmount |
On March 28, 2024, NWE Public Service issued and sold $ 33.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.55 percent maturing on March 28, 2029 , and $ 7.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.75 percent maturing on March 28, 2034 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used for general utility purposes. The bonds are secured by NWE Public Service's electric and natural gas assets associated with its South Dakota and Nebraska utility operations. | text | 5.55 | percentItemType | text: <entity> 5.55 </entity> <entity type> percentItemType </entity type> <context> On March 28, 2024, NWE Public Service issued and sold $ 33.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.55 percent maturing on March 28, 2029 , and $ 7.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.75 percent maturing on March 28, 2034 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used for general utility purposes. The bonds are secured by NWE Public Service's electric and natural gas assets associated with its South Dakota and Nebraska utility operations. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
On March 28, 2024, NWE Public Service issued and sold $ 33.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.55 percent maturing on March 28, 2029 , and $ 7.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.75 percent maturing on March 28, 2034 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used for general utility purposes. The bonds are secured by NWE Public Service's electric and natural gas assets associated with its South Dakota and Nebraska utility operations. | text | 7.0 | monetaryItemType | text: <entity> 7.0 </entity> <entity type> monetaryItemType </entity type> <context> On March 28, 2024, NWE Public Service issued and sold $ 33.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.55 percent maturing on March 28, 2029 , and $ 7.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.75 percent maturing on March 28, 2034 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used for general utility purposes. The bonds are secured by NWE Public Service's electric and natural gas assets associated with its South Dakota and Nebraska utility operations. </context> | us-gaap:DebtInstrumentFaceAmount |
On March 28, 2024, NWE Public Service issued and sold $ 33.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.55 percent maturing on March 28, 2029 , and $ 7.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.75 percent maturing on March 28, 2034 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used for general utility purposes. The bonds are secured by NWE Public Service's electric and natural gas assets associated with its South Dakota and Nebraska utility operations. | text | 5.75 | percentItemType | text: <entity> 5.75 </entity> <entity type> percentItemType </entity type> <context> On March 28, 2024, NWE Public Service issued and sold $ 33.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.55 percent maturing on March 28, 2029 , and $ 7.0 million aggregate principal amount of South Dakota First Mortgage Bonds at a fixed interest rate of 5.75 percent maturing on March 28, 2034 . These bonds were issued in transactions exempt from the registration requirements of the Securities Act of 1933. Proceeds were used for general utility purposes. The bonds are secured by NWE Public Service's electric and natural gas assets associated with its South Dakota and Nebraska utility operations. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
The aggregate minimum principal maturities of long-term debt and finance leases, during the next five years are $ 303.6 million in 2025, $ 106.9 million in 2026, $ 592.7 million in 2028, and $ 33.0 million in 2029. | text | 303.6 | monetaryItemType | text: <entity> 303.6 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate minimum principal maturities of long-term debt and finance leases, during the next five years are $ 303.6 million in 2025, $ 106.9 million in 2026, $ 592.7 million in 2028, and $ 33.0 million in 2029. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths |
The aggregate minimum principal maturities of long-term debt and finance leases, during the next five years are $ 303.6 million in 2025, $ 106.9 million in 2026, $ 592.7 million in 2028, and $ 33.0 million in 2029. | text | 106.9 | monetaryItemType | text: <entity> 106.9 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate minimum principal maturities of long-term debt and finance leases, during the next five years are $ 303.6 million in 2025, $ 106.9 million in 2026, $ 592.7 million in 2028, and $ 33.0 million in 2029. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo |
The aggregate minimum principal maturities of long-term debt and finance leases, during the next five years are $ 303.6 million in 2025, $ 106.9 million in 2026, $ 592.7 million in 2028, and $ 33.0 million in 2029. | text | 592.7 | monetaryItemType | text: <entity> 592.7 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate minimum principal maturities of long-term debt and finance leases, during the next five years are $ 303.6 million in 2025, $ 106.9 million in 2026, $ 592.7 million in 2028, and $ 33.0 million in 2029. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour |
The aggregate minimum principal maturities of long-term debt and finance leases, during the next five years are $ 303.6 million in 2025, $ 106.9 million in 2026, $ 592.7 million in 2028, and $ 33.0 million in 2029. | text | 33.0 | monetaryItemType | text: <entity> 33.0 </entity> <entity type> monetaryItemType </entity type> <context> The aggregate minimum principal maturities of long-term debt and finance leases, during the next five years are $ 303.6 million in 2025, $ 106.9 million in 2026, $ 592.7 million in 2028, and $ 33.0 million in 2029. </context> | us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive |
As of December 31, 2024, our total federal NOL carryforward was approximately $ 486.6 million. Our federal NOL carryforward does not expire. Our state NOL carryforward as of December 31, 2024 was approximately $ 391.2 million. If unused, our state NOL carryforwards will expire in 2033. We believe it is more likely than not that sufficient taxable income will be generated to utilize these NOL carryforwards. | text | 486.6 | monetaryItemType | text: <entity> 486.6 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, our total federal NOL carryforward was approximately $ 486.6 million. Our federal NOL carryforward does not expire. Our state NOL carryforward as of December 31, 2024 was approximately $ 391.2 million. If unused, our state NOL carryforwards will expire in 2033. We believe it is more likely than not that sufficient taxable income will be generated to utilize these NOL carryforwards. </context> | us-gaap:OperatingLossCarryforwards |
Our unrecognized tax benefits include approximately $ 7.4 million and $ 24.4 million related to tax positions as of December 31, 2024 and 2023, that if recognized, would impact our annual effective tax rate. During the year ending December 31, 2024, due to the expiration of the statute of limitations we decreased our unrecognized tax benefits by $ 16.9 million. | text | 7.4 | monetaryItemType | text: <entity> 7.4 </entity> <entity type> monetaryItemType </entity type> <context> Our unrecognized tax benefits include approximately $ 7.4 million and $ 24.4 million related to tax positions as of December 31, 2024 and 2023, that if recognized, would impact our annual effective tax rate. During the year ending December 31, 2024, due to the expiration of the statute of limitations we decreased our unrecognized tax benefits by $ 16.9 million. </context> | us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate |
Our unrecognized tax benefits include approximately $ 7.4 million and $ 24.4 million related to tax positions as of December 31, 2024 and 2023, that if recognized, would impact our annual effective tax rate. During the year ending December 31, 2024, due to the expiration of the statute of limitations we decreased our unrecognized tax benefits by $ 16.9 million. | text | 24.4 | monetaryItemType | text: <entity> 24.4 </entity> <entity type> monetaryItemType </entity type> <context> Our unrecognized tax benefits include approximately $ 7.4 million and $ 24.4 million related to tax positions as of December 31, 2024 and 2023, that if recognized, would impact our annual effective tax rate. During the year ending December 31, 2024, due to the expiration of the statute of limitations we decreased our unrecognized tax benefits by $ 16.9 million. </context> | us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate |
Our unrecognized tax benefits include approximately $ 7.4 million and $ 24.4 million related to tax positions as of December 31, 2024 and 2023, that if recognized, would impact our annual effective tax rate. During the year ending December 31, 2024, due to the expiration of the statute of limitations we decreased our unrecognized tax benefits by $ 16.9 million. | text | 16.9 | monetaryItemType | text: <entity> 16.9 </entity> <entity type> monetaryItemType </entity type> <context> Our unrecognized tax benefits include approximately $ 7.4 million and $ 24.4 million related to tax positions as of December 31, 2024 and 2023, that if recognized, would impact our annual effective tax rate. During the year ending December 31, 2024, due to the expiration of the statute of limitations we decreased our unrecognized tax benefits by $ 16.9 million. </context> | us-gaap:UnrecognizedTaxBenefitsPeriodIncreaseDecrease |
and decreased our total unrecognized tax benefits by $ 0.5 million and recognized an income tax benefit of approximately $ 3.2 million for previously unrecognized tax ben | text | 0.5 | monetaryItemType | text: <entity> 0.5 </entity> <entity type> monetaryItemType </entity type> <context> and decreased our total unrecognized tax benefits by $ 0.5 million and recognized an income tax benefit of approximately $ 3.2 million for previously unrecognized tax ben </context> | us-gaap:UnrecognizedTaxBenefitsPeriodIncreaseDecrease |
efits. In the next twelve months we expect the statute of limitations to expire for certain unrecognized tax benefits, which would result in a decrease to our total unrecognized tax benefits of approximately $ 9.4 million. | text | 9.4 | monetaryItemType | text: <entity> 9.4 </entity> <entity type> monetaryItemType </entity type> <context> efits. In the next twelve months we expect the statute of limitations to expire for certain unrecognized tax benefits, which would result in a decrease to our total unrecognized tax benefits of approximately $ 9.4 million. </context> | us-gaap:DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible |
Our policy is to recognize interest and penalties related to unrecognized tax benefits in income tax expense. As of December 31, 2024, we have accrued $ 3.0 million for the payment of interest and penalties in the Consolidated Balance Sheets. As of December 31, 2023, we had $ 4.5 million accrued for the payment of interest and penalties. | text | 3.0 | monetaryItemType | text: <entity> 3.0 </entity> <entity type> monetaryItemType </entity type> <context> Our policy is to recognize interest and penalties related to unrecognized tax benefits in income tax expense. As of December 31, 2024, we have accrued $ 3.0 million for the payment of interest and penalties in the Consolidated Balance Sheets. As of December 31, 2023, we had $ 4.5 million accrued for the payment of interest and penalties. </context> | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued |
Our policy is to recognize interest and penalties related to unrecognized tax benefits in income tax expense. As of December 31, 2024, we have accrued $ 3.0 million for the payment of interest and penalties in the Consolidated Balance Sheets. As of December 31, 2023, we had $ 4.5 million accrued for the payment of interest and penalties. | text | 4.5 | monetaryItemType | text: <entity> 4.5 </entity> <entity type> monetaryItemType </entity type> <context> Our policy is to recognize interest and penalties related to unrecognized tax benefits in income tax expense. As of December 31, 2024, we have accrued $ 3.0 million for the payment of interest and penalties in the Consolidated Balance Sheets. As of December 31, 2023, we had $ 4.5 million accrued for the payment of interest and penalties. </context> | us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued |
(1) In October 2023, we entered into a group annuity contract from an insurance company to provide for the payment of pension benefits to select NorthWestern Energy MT Pension Plan participants. We purchased the contract with $ 51.9 million of plan assets in 2023. A trailing premium of $ 0.8 million related to final data reconciliation was paid from plan assets in 2024, reflecting a final, annuitized participant count of 276. The insurance company took over the payments of these benefits starting January 1, 2024. This transaction settled $ 52.7 million of our NorthWestern Energy MT Pension Plan obligation. As a result of this transaction, during the twelve months ended December 31, 2023, we recorded a non-cash, non-operating settlement charge of $ 4.4 million. This charge is recorded within other income, net on the Consolidated Statements of Income. As discussed within | text | 0.8 | monetaryItemType | text: <entity> 0.8 </entity> <entity type> monetaryItemType </entity type> <context> (1) In October 2023, we entered into a group annuity contract from an insurance company to provide for the payment of pension benefits to select NorthWestern Energy MT Pension Plan participants. We purchased the contract with $ 51.9 million of plan assets in 2023. A trailing premium of $ 0.8 million related to final data reconciliation was paid from plan assets in 2024, reflecting a final, annuitized participant count of 276. The insurance company took over the payments of these benefits starting January 1, 2024. This transaction settled $ 52.7 million of our NorthWestern Energy MT Pension Plan obligation. As a result of this transaction, during the twelve months ended December 31, 2023, we recorded a non-cash, non-operating settlement charge of $ 4.4 million. This charge is recorded within other income, net on the Consolidated Statements of Income. As discussed within </context> | us-gaap:DefinedBenefitPlanBenefitObligationPaymentForSettlement |
(1) In October 2023, we entered into a group annuity contract from an insurance company to provide for the payment of pension benefits to select NorthWestern Energy MT Pension Plan participants. We purchased the contract with $ 51.9 million of plan assets in 2023. A trailing premium of $ 0.8 million related to final data reconciliation was paid from plan assets in 2024, reflecting a final, annuitized participant count of 276. The insurance company took over the payments of these benefits starting January 1, 2024. This transaction settled $ 52.7 million of our NorthWestern Energy MT Pension Plan obligation. As a result of this transaction, during the twelve months ended December 31, 2023, we recorded a non-cash, non-operating settlement charge of $ 4.4 million. This charge is recorded within other income, net on the Consolidated Statements of Income. As discussed within | text | 52.7 | monetaryItemType | text: <entity> 52.7 </entity> <entity type> monetaryItemType </entity type> <context> (1) In October 2023, we entered into a group annuity contract from an insurance company to provide for the payment of pension benefits to select NorthWestern Energy MT Pension Plan participants. We purchased the contract with $ 51.9 million of plan assets in 2023. A trailing premium of $ 0.8 million related to final data reconciliation was paid from plan assets in 2024, reflecting a final, annuitized participant count of 276. The insurance company took over the payments of these benefits starting January 1, 2024. This transaction settled $ 52.7 million of our NorthWestern Energy MT Pension Plan obligation. As a result of this transaction, during the twelve months ended December 31, 2023, we recorded a non-cash, non-operating settlement charge of $ 4.4 million. This charge is recorded within other income, net on the Consolidated Statements of Income. As discussed within </context> | us-gaap:DefinedBenefitPlanBenefitObligationPaymentForSettlement |
(1) In October 2023, we entered into a group annuity contract from an insurance company to provide for the payment of pension benefits to select NorthWestern Energy MT Pension Plan participants. We purchased the contract with $ 51.9 million of plan assets in 2023. A trailing premium of $ 0.8 million related to final data reconciliation was paid from plan assets in 2024, reflecting a final, annuitized participant count of 276. The insurance company took over the payments of these benefits starting January 1, 2024. This transaction settled $ 52.7 million of our NorthWestern Energy MT Pension Plan obligation. As a result of this transaction, during the twelve months ended December 31, 2023, we recorded a non-cash, non-operating settlement charge of $ 4.4 million. This charge is recorded within other income, net on the Consolidated Statements of Income. As discussed within | text | 4.4 | monetaryItemType | text: <entity> 4.4 </entity> <entity type> monetaryItemType </entity type> <context> (1) In October 2023, we entered into a group annuity contract from an insurance company to provide for the payment of pension benefits to select NorthWestern Energy MT Pension Plan participants. We purchased the contract with $ 51.9 million of plan assets in 2023. A trailing premium of $ 0.8 million related to final data reconciliation was paid from plan assets in 2024, reflecting a final, annuitized participant count of 276. The insurance company took over the payments of these benefits starting January 1, 2024. This transaction settled $ 52.7 million of our NorthWestern Energy MT Pension Plan obligation. As a result of this transaction, during the twelve months ended December 31, 2023, we recorded a non-cash, non-operating settlement charge of $ 4.4 million. This charge is recorded within other income, net on the Consolidated Statements of Income. As discussed within </context> | us-gaap:DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1 |
On an annual basis, we set the discount rate using a yield curve analysis. This analysis includes constructing a hypothetical bond portfolio whose cash flow from coupons and maturities matches the year-by-year, projected benefit cash flow from our plans. The increase in the discount rate during 2024 decreased our projected benefit obligation by approximately $ 29.6 million. | text | 29.6 | monetaryItemType | text: <entity> 29.6 </entity> <entity type> monetaryItemType </entity type> <context> On an annual basis, we set the discount rate using a yield curve analysis. This analysis includes constructing a hypothetical bond portfolio whose cash flow from coupons and maturities matches the year-by-year, projected benefit cash flow from our plans. The increase in the discount rate during 2024 decreased our projected benefit obligation by approximately $ 29.6 million. </context> | us-gaap:DefinedBenefitPlanOtherChanges |
In determining the expected long-term rate of return on plan assets, we review historical returns, the future expectations for returns for each asset class weighted by the target asset allocation of the pension and postretirement portfolios, and long-term inflation assumptions. Based on the target asset allocation for our pension assets and future expectations for asset returns, we decreased our long term rates of return on asset assumptions for the NorthWestern Energy MT Pension Plan and the NorthWestern Energy SD/NE Pension Plan to 6.17 percent and 4.58 percent, respectively, for 2025. | text | 6.17 | percentItemType | text: <entity> 6.17 </entity> <entity type> percentItemType </entity type> <context> In determining the expected long-term rate of return on plan assets, we review historical returns, the future expectations for returns for each asset class weighted by the target asset allocation of the pension and postretirement portfolios, and long-term inflation assumptions. Based on the target asset allocation for our pension assets and future expectations for asset returns, we decreased our long term rates of return on asset assumptions for the NorthWestern Energy MT Pension Plan and the NorthWestern Energy SD/NE Pension Plan to 6.17 percent and 4.58 percent, respectively, for 2025. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets |
In determining the expected long-term rate of return on plan assets, we review historical returns, the future expectations for returns for each asset class weighted by the target asset allocation of the pension and postretirement portfolios, and long-term inflation assumptions. Based on the target asset allocation for our pension assets and future expectations for asset returns, we decreased our long term rates of return on asset assumptions for the NorthWestern Energy MT Pension Plan and the NorthWestern Energy SD/NE Pension Plan to 6.17 percent and 4.58 percent, respectively, for 2025. | text | 4.58 | percentItemType | text: <entity> 4.58 </entity> <entity type> percentItemType </entity type> <context> In determining the expected long-term rate of return on plan assets, we review historical returns, the future expectations for returns for each asset class weighted by the target asset allocation of the pension and postretirement portfolios, and long-term inflation assumptions. Based on the target asset allocation for our pension assets and future expectations for asset returns, we decreased our long term rates of return on asset assumptions for the NorthWestern Energy MT Pension Plan and the NorthWestern Energy SD/NE Pension Plan to 6.17 percent and 4.58 percent, respectively, for 2025. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets |
The postretirement benefit obligation is calculated assuming that health care costs increase by a 5.00 percent fixed rate. The company contribution toward the premium cost is capped, therefore future health care cost trend rates are expected to have a minimal impact on company costs and the accumulated postretirement benefit obligation. | text | 5.00 | percentItemType | text: <entity> 5.00 </entity> <entity type> percentItemType </entity type> <context> The postretirement benefit obligation is calculated assuming that health care costs increase by a 5.00 percent fixed rate. The company contribution toward the premium cost is capped, therefore future health care cost trend rates are expected to have a minimal impact on company costs and the accumulated postretirement benefit obligation. </context> | us-gaap:DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear |
We grant stock-based awards through our Amended and Restated Equity Compensation Plan (ECP), which includes restricted stock awards and performance share awards. As of December 31, 2024, there were 558,300 shares of common stock remaining available for grants. The remaining vesting period for awards previously granted ranges from one to three years if the service and/or performance requirements are met. Nonvested shares do not receive dividend distributions. The long-term incentive plan provides for accelerated vesting in the event of a change in control. | text | 558300 | sharesItemType | text: <entity> 558300 </entity> <entity type> sharesItemType </entity type> <context> We grant stock-based awards through our Amended and Restated Equity Compensation Plan (ECP), which includes restricted stock awards and performance share awards. As of December 31, 2024, there were 558,300 shares of common stock remaining available for grants. The remaining vesting period for awards previously granted ranges from one to three years if the service and/or performance requirements are met. Nonvested shares do not receive dividend distributions. The long-term incentive plan provides for accelerated vesting in the event of a change in control. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant |
We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 3.4 | monetaryItemType | text: <entity> 3.4 </entity> <entity type> monetaryItemType </entity type> <context> We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:AllocatedShareBasedCompensationExpense |
We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 3.6 | monetaryItemType | text: <entity> 3.6 </entity> <entity type> monetaryItemType </entity type> <context> We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:AllocatedShareBasedCompensationExpense |
We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 4.2 | monetaryItemType | text: <entity> 4.2 </entity> <entity type> monetaryItemType </entity type> <context> We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:AllocatedShareBasedCompensationExpense |
We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 0.7 | monetaryItemType | text: <entity> 0.7 </entity> <entity type> monetaryItemType </entity type> <context> We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense |
We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 1.0 | monetaryItemType | text: <entity> 1.0 </entity> <entity type> monetaryItemType </entity type> <context> We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense |
We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 1.3 | monetaryItemType | text: <entity> 1.3 </entity> <entity type> monetaryItemType </entity type> <context> We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense |
We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 6.6 | monetaryItemType | text: <entity> 6.6 </entity> <entity type> monetaryItemType </entity type> <context> We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized |
We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 3.1 | monetaryItemType | text: <entity> 3.1 </entity> <entity type> monetaryItemType </entity type> <context> We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 4.4 | monetaryItemType | text: <entity> 4.4 </entity> <entity type> monetaryItemType </entity type> <context> We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 4.3 | monetaryItemType | text: <entity> 4.3 </entity> <entity type> monetaryItemType </entity type> <context> We recognized total stock-based compensation expense of $ 3.4 million, $ 3.6 million, and $ 4.2 million for the years ended December 31, 2024, 2023, and 2022, respectively, and related income tax benefit of $( 0.7 ) million, $( 1.0 ) million, and $( 1.3 ) million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, we had $ 6.6 million of unrecognized compensation cost related to the nonvested portion of our outstanding awards. The cost is expected to be recognized over a weighted-average period of 2 years. The total fair value of shares vested was $ 3.1 million, $ 4.4 million, and $ 4.3 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
We have 250,000,000 shares authorized consisting of 200,000,000 shares of common stock with a $ 0.01 par value and 50,000,000 shares of preferred stock with a $ 0.01 par value. Of the common stock, 2,856,957 shares are reserved for the incentive plan awards. For further detail of grants under this plan see | text | 200000000 | sharesItemType | text: <entity> 200000000 </entity> <entity type> sharesItemType </entity type> <context> We have 250,000,000 shares authorized consisting of 200,000,000 shares of common stock with a $ 0.01 par value and 50,000,000 shares of preferred stock with a $ 0.01 par value. Of the common stock, 2,856,957 shares are reserved for the incentive plan awards. For further detail of grants under this plan see </context> | us-gaap:CommonStockSharesAuthorized |
We have 250,000,000 shares authorized consisting of 200,000,000 shares of common stock with a $ 0.01 par value and 50,000,000 shares of preferred stock with a $ 0.01 par value. Of the common stock, 2,856,957 shares are reserved for the incentive plan awards. For further detail of grants under this plan see | text | 0.01 | perShareItemType | text: <entity> 0.01 </entity> <entity type> perShareItemType </entity type> <context> We have 250,000,000 shares authorized consisting of 200,000,000 shares of common stock with a $ 0.01 par value and 50,000,000 shares of preferred stock with a $ 0.01 par value. Of the common stock, 2,856,957 shares are reserved for the incentive plan awards. For further detail of grants under this plan see </context> | us-gaap:CommonStockParOrStatedValuePerShare |
We have 250,000,000 shares authorized consisting of 200,000,000 shares of common stock with a $ 0.01 par value and 50,000,000 shares of preferred stock with a $ 0.01 par value. Of the common stock, 2,856,957 shares are reserved for the incentive plan awards. For further detail of grants under this plan see | text | 50000000 | sharesItemType | text: <entity> 50000000 </entity> <entity type> sharesItemType </entity type> <context> We have 250,000,000 shares authorized consisting of 200,000,000 shares of common stock with a $ 0.01 par value and 50,000,000 shares of preferred stock with a $ 0.01 par value. Of the common stock, 2,856,957 shares are reserved for the incentive plan awards. For further detail of grants under this plan see </context> | us-gaap:PreferredStockSharesAuthorized |
We have 250,000,000 shares authorized consisting of 200,000,000 shares of common stock with a $ 0.01 par value and 50,000,000 shares of preferred stock with a $ 0.01 par value. Of the common stock, 2,856,957 shares are reserved for the incentive plan awards. For further detail of grants under this plan see | text | 0.01 | perShareItemType | text: <entity> 0.01 </entity> <entity type> perShareItemType </entity type> <context> We have 250,000,000 shares authorized consisting of 200,000,000 shares of common stock with a $ 0.01 par value and 50,000,000 shares of preferred stock with a $ 0.01 par value. Of the common stock, 2,856,957 shares are reserved for the incentive plan awards. For further detail of grants under this plan see </context> | us-gaap:PreferredStockParOrStatedValuePerShare |
We have 250,000,000 shares authorized consisting of 200,000,000 shares of common stock with a $ 0.01 par value and 50,000,000 shares of preferred stock with a $ 0.01 par value. Of the common stock, 2,856,957 shares are reserved for the incentive plan awards. For further detail of grants under this plan see | text | 2856957 | sharesItemType | text: <entity> 2856957 </entity> <entity type> sharesItemType </entity type> <context> We have 250,000,000 shares authorized consisting of 200,000,000 shares of common stock with a $ 0.01 par value and 50,000,000 shares of preferred stock with a $ 0.01 par value. Of the common stock, 2,856,957 shares are reserved for the incentive plan awards. For further detail of grants under this plan see </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized |
Shares tendered by employees to us to satisfy the employees' tax withholding obligations in connection with the vesting of restricted stock awards totaled 5,809 and 4,167 during the years ended December 31, 2024 and 2023, respectively, and are reflected in treasury stock. These shares were credited to treasury stock based on their fair market value on the vesting date. | text | 5809 | sharesItemType | text: <entity> 5809 </entity> <entity type> sharesItemType </entity type> <context> Shares tendered by employees to us to satisfy the employees' tax withholding obligations in connection with the vesting of restricted stock awards totaled 5,809 and 4,167 during the years ended December 31, 2024 and 2023, respectively, and are reflected in treasury stock. These shares were credited to treasury stock based on their fair market value on the vesting date. </context> | us-gaap:SharesPaidForTaxWithholdingForShareBasedCompensation |
Shares tendered by employees to us to satisfy the employees' tax withholding obligations in connection with the vesting of restricted stock awards totaled 5,809 and 4,167 during the years ended December 31, 2024 and 2023, respectively, and are reflected in treasury stock. These shares were credited to treasury stock based on their fair market value on the vesting date. | text | 4167 | sharesItemType | text: <entity> 4167 </entity> <entity type> sharesItemType </entity type> <context> Shares tendered by employees to us to satisfy the employees' tax withholding obligations in connection with the vesting of restricted stock awards totaled 5,809 and 4,167 during the years ended December 31, 2024 and 2023, respectively, and are reflected in treasury stock. These shares were credited to treasury stock based on their fair market value on the vesting date. </context> | us-gaap:SharesPaidForTaxWithholdingForShareBasedCompensation |
As of December 31, 2024, there were 22,470 shares from performance and restricted share awards which were antidilutive and excluded from the earnings per share calculations. | text | 22470 | sharesItemType | text: <entity> 22470 </entity> <entity type> sharesItemType </entity type> <context> As of December 31, 2024, there were 22,470 shares from performance and restricted share awards which were antidilutive and excluded from the earnings per share calculations. </context> | us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount |
Our QF liability primarily consists of unrecoverable costs associated with three contracts covered under the PURPA. These contracts require us to purchase minimum amounts of energy at prices ranging from $ 118 to $ 130 per MWH through 2029. As of December 31, 2024, our estimated gross contractual obligation related to these contracts was approximately $ 229.0 million through 2029. A portion of the costs incurred to purchase this energy is recoverable through rates, totaling approximately $ 205.8 million through 2029. As contractual obligations are settled, the related purchases and sales are recorded within Fuel, purchased power and direct transmission expense and Electric revenues in our Consolidated Statements of Income. The present value of the remaining liability is recorded in Other noncurrent liabilities in our Consolidated Balance Sheets. The following summarizes the change in the liability (in thousands): | text | 229.0 | monetaryItemType | text: <entity> 229.0 </entity> <entity type> monetaryItemType </entity type> <context> Our QF liability primarily consists of unrecoverable costs associated with three contracts covered under the PURPA. These contracts require us to purchase minimum amounts of energy at prices ranging from $ 118 to $ 130 per MWH through 2029. As of December 31, 2024, our estimated gross contractual obligation related to these contracts was approximately $ 229.0 million through 2029. A portion of the costs incurred to purchase this energy is recoverable through rates, totaling approximately $ 205.8 million through 2029. As contractual obligations are settled, the related purchases and sales are recorded within Fuel, purchased power and direct transmission expense and Electric revenues in our Consolidated Statements of Income. The present value of the remaining liability is recorded in Other noncurrent liabilities in our Consolidated Balance Sheets. The following summarizes the change in the liability (in thousands): </context> | us-gaap:RecordedUnconditionalPurchaseObligation |
Our QF liability primarily consists of unrecoverable costs associated with three contracts covered under the PURPA. These contracts require us to purchase minimum amounts of energy at prices ranging from $ 118 to $ 130 per MWH through 2029. As of December 31, 2024, our estimated gross contractual obligation related to these contracts was approximately $ 229.0 million through 2029. A portion of the costs incurred to purchase this energy is recoverable through rates, totaling approximately $ 205.8 million through 2029. As contractual obligations are settled, the related purchases and sales are recorded within Fuel, purchased power and direct transmission expense and Electric revenues in our Consolidated Statements of Income. The present value of the remaining liability is recorded in Other noncurrent liabilities in our Consolidated Balance Sheets. The following summarizes the change in the liability (in thousands): | text | 205.8 | monetaryItemType | text: <entity> 205.8 </entity> <entity type> monetaryItemType </entity type> <context> Our QF liability primarily consists of unrecoverable costs associated with three contracts covered under the PURPA. These contracts require us to purchase minimum amounts of energy at prices ranging from $ 118 to $ 130 per MWH through 2029. As of December 31, 2024, our estimated gross contractual obligation related to these contracts was approximately $ 229.0 million through 2029. A portion of the costs incurred to purchase this energy is recoverable through rates, totaling approximately $ 205.8 million through 2029. As contractual obligations are settled, the related purchases and sales are recorded within Fuel, purchased power and direct transmission expense and Electric revenues in our Consolidated Statements of Income. The present value of the remaining liability is recorded in Other noncurrent liabilities in our Consolidated Balance Sheets. The following summarizes the change in the liability (in thousands): </context> | us-gaap:RecordedUnconditionalPurchaseObligation |
We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. | text | 345.8 | monetaryItemType | text: <entity> 345.8 </entity> <entity type> monetaryItemType </entity type> <context> We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. </context> | us-gaap:PurchaseObligationDueInNextTwelveMonths |
We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. | text | 365.2 | monetaryItemType | text: <entity> 365.2 </entity> <entity type> monetaryItemType </entity type> <context> We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. </context> | us-gaap:PurchaseObligationDueInSecondYear |
We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. | text | 350.4 | monetaryItemType | text: <entity> 350.4 </entity> <entity type> monetaryItemType </entity type> <context> We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. </context> | us-gaap:PurchaseObligationDueInThirdYear |
We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. | text | 349.3 | monetaryItemType | text: <entity> 349.3 </entity> <entity type> monetaryItemType </entity type> <context> We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. </context> | us-gaap:PurchaseObligationDueInFourthYear |
We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. | text | 350.2 | monetaryItemType | text: <entity> 350.2 </entity> <entity type> monetaryItemType </entity type> <context> We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. </context> | us-gaap:PurchaseObligationDueInFifthYear |
We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. | text | 2.5 | monetaryItemType | text: <entity> 2.5 </entity> <entity type> monetaryItemType </entity type> <context> We have entered into various commitments, largely purchased power, electric transmission, coal and natural gas supply and natural gas transportation contracts. These commitments range from one to 24 years. Costs incurred under these contracts are included in Fuel, purchased power and direct transmission expense in the Consolidated Statements of Income and were approximately $ 290.1 million, $ 340.0 million and $ 328.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. As of December 31, 2024, our commitments under these contracts were $ 345.8 million in 2025, $ 365.2 million in 2026, $ 350.4 million in 2027, $ 349.3 million in 2028, $ 350.2 million in 2029, and $ 2.5 billion thereafter. These commitments are not reflected in our Consolidated Financial Statements. </context> | us-gaap:PurchaseObligationDueAfterFifthYear |
spend approximately $ 19.1 million between 2025 and 2040. These commitments are not reflected in our Consolidated Financial Statements. | text | 19.1 | monetaryItemType | text: <entity> 19.1 </entity> <entity type> monetaryItemType </entity type> <context> spend approximately $ 19.1 million between 2025 and 2040. These commitments are not reflected in our Consolidated Financial Statements. </context> | us-gaap:OtherCommitment |
Our environmental exposure includes a number of components, including remediation expenses related to the cleanup of current or former properties, and costs to comply with changing environmental regulations related to our operations. At present, our environmental reserve, which relates primarily to the remediation of former manufactured gas plant sites owned by us or for which we are responsible, is estimated to range between $ 19.0 million to $ 29.9 million. As of December 31, 2024, we had a reserve of approximately $ 23.7 million, which has not been discounted. Environmental costs are recorded when it is probable we are liable for the remediation and we can reasonably estimate the liability. We use a combination of site investigations and monitoring to formulate an estimate of environmental remediation costs for specific sites. Our monitoring procedures and development of actual remediation plans depend not only on site specific information but also on coordination with the different environmental regulatory agencies in our respective jurisdictions; therefore, while remediation exposure exists, it may be many years before costs are incurred. | text | 23.7 | monetaryItemType | text: <entity> 23.7 </entity> <entity type> monetaryItemType </entity type> <context> Our environmental exposure includes a number of components, including remediation expenses related to the cleanup of current or former properties, and costs to comply with changing environmental regulations related to our operations. At present, our environmental reserve, which relates primarily to the remediation of former manufactured gas plant sites owned by us or for which we are responsible, is estimated to range between $ 19.0 million to $ 29.9 million. As of December 31, 2024, we had a reserve of approximately $ 23.7 million, which has not been discounted. Environmental costs are recorded when it is probable we are liable for the remediation and we can reasonably estimate the liability. We use a combination of site investigations and monitoring to formulate an estimate of environmental remediation costs for specific sites. Our monitoring procedures and development of actual remediation plans depend not only on site specific information but also on coordination with the different environmental regulatory agencies in our respective jurisdictions; therefore, while remediation exposure exists, it may be many years before costs are incurred. </context> | us-gaap:AccrualForEnvironmentalLossContingencies |
- Approximately $ 18.2 million of our environmental reserve accrual is related to the following manufactured gas plants. | text | 18.2 | monetaryItemType | text: <entity> 18.2 </entity> <entity type> monetaryItemType </entity type> <context> - Approximately $ 18.2 million of our environmental reserve accrual is related to the following manufactured gas plants. </context> | us-gaap:AccrualForEnvironmentalLossContingencies |
- A formerly operated manufactured gas plant located in Aberdeen, South Dakota, has been identified on the Federal Comprehensive Environmental Response, Compensation, and Liability Information System list as contaminated with coal tar residue. We are currently conducting feasibility studies, implementing remedial actions pursuant to work plans approved by the South Dakota Department of Agriculture and Natural Resources, and conducting ongoing monitoring and operation and maintenance activities. As of December 31, 2024, the reserve for remediation costs at this site was approximately $ 7.2 million, and we estimate that approximately $ 2.1 million of this amount will be incurred through 2029. The SDPUC permits the recovery of these costs within rates. | text | 7.2 | monetaryItemType | text: <entity> 7.2 </entity> <entity type> monetaryItemType </entity type> <context> - A formerly operated manufactured gas plant located in Aberdeen, South Dakota, has been identified on the Federal Comprehensive Environmental Response, Compensation, and Liability Information System list as contaminated with coal tar residue. We are currently conducting feasibility studies, implementing remedial actions pursuant to work plans approved by the South Dakota Department of Agriculture and Natural Resources, and conducting ongoing monitoring and operation and maintenance activities. As of December 31, 2024, the reserve for remediation costs at this site was approximately $ 7.2 million, and we estimate that approximately $ 2.1 million of this amount will be incurred through 2029. The SDPUC permits the recovery of these costs within rates. </context> | us-gaap:AccrualForEnvironmentalLossContingencies |
There were $ 91.2 million and $ 39.0 million of cash dividends paid to NorthWestern Energy Group from wholly-owned subsidiaries for the year ending December 31, 2024 , and December 31, 2023, respectively. | text | 91.2 | monetaryItemType | text: <entity> 91.2 </entity> <entity type> monetaryItemType </entity type> <context> There were $ 91.2 million and $ 39.0 million of cash dividends paid to NorthWestern Energy Group from wholly-owned subsidiaries for the year ending December 31, 2024 , and December 31, 2023, respectively. </context> | us-gaap:ProceedsFromContributionsFromAffiliates |
There were $ 91.2 million and $ 39.0 million of cash dividends paid to NorthWestern Energy Group from wholly-owned subsidiaries for the year ending December 31, 2024 , and December 31, 2023, respectively. | text | 39.0 | monetaryItemType | text: <entity> 39.0 </entity> <entity type> monetaryItemType </entity type> <context> There were $ 91.2 million and $ 39.0 million of cash dividends paid to NorthWestern Energy Group from wholly-owned subsidiaries for the year ending December 31, 2024 , and December 31, 2023, respectively. </context> | us-gaap:ProceedsFromContributionsFromAffiliates |
CareTrust REIT, Inc.’s (“CareTrust REIT” or the “Company”) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of December 31, 2023, the Company owned directly or through a joint venture and leased to independent operators, 226 skilled nursing facilities (“SNFs”), multi-service campuses, assisted living facilities (“ALFs”) and independent living facilities (“ILFs”) consisting of 23,928 operational beds and units located in 28 states with the highest concentration of properties by rental income located in California and Texas. As of December 31, 2023, the Company also had other real estate related investments consisting of one preferred equity investment, eight real estate secured loans receivable and one mezzanine loan receivable with a carrying value of $ 180.4 million. | text | 28 | integerItemType | text: <entity> 28 </entity> <entity type> integerItemType </entity type> <context> CareTrust REIT, Inc.’s (“CareTrust REIT” or the “Company”) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of December 31, 2023, the Company owned directly or through a joint venture and leased to independent operators, 226 skilled nursing facilities (“SNFs”), multi-service campuses, assisted living facilities (“ALFs”) and independent living facilities (“ILFs”) consisting of 23,928 operational beds and units located in 28 states with the highest concentration of properties by rental income located in California and Texas. As of December 31, 2023, the Company also had other real estate related investments consisting of one preferred equity investment, eight real estate secured loans receivable and one mezzanine loan receivable with a carrying value of $ 180.4 million. </context> | us-gaap:NumberOfStatesInWhichEntityOperates |
CareTrust REIT, Inc.’s (“CareTrust REIT” or the “Company”) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of December 31, 2023, the Company owned directly or through a joint venture and leased to independent operators, 226 skilled nursing facilities (“SNFs”), multi-service campuses, assisted living facilities (“ALFs”) and independent living facilities (“ILFs”) consisting of 23,928 operational beds and units located in 28 states with the highest concentration of properties by rental income located in California and Texas. As of December 31, 2023, the Company also had other real estate related investments consisting of one preferred equity investment, eight real estate secured loans receivable and one mezzanine loan receivable with a carrying value of $ 180.4 million. | text | 180.4 | monetaryItemType | text: <entity> 180.4 </entity> <entity type> monetaryItemType </entity type> <context> CareTrust REIT, Inc.’s (“CareTrust REIT” or the “Company”) primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector. As of December 31, 2023, the Company owned directly or through a joint venture and leased to independent operators, 226 skilled nursing facilities (“SNFs”), multi-service campuses, assisted living facilities (“ALFs”) and independent living facilities (“ILFs”) consisting of 23,928 operational beds and units located in 28 states with the highest concentration of properties by rental income located in California and Texas. As of December 31, 2023, the Company also had other real estate related investments consisting of one preferred equity investment, eight real estate secured loans receivable and one mezzanine loan receivable with a carrying value of $ 180.4 million. </context> | us-gaap:RealEstateInvestmentsJointVentures |
specific characteristics of each property and the acquired tenant lease(s). Factors considered include estimates of carrying costs during hypothetical expected lease-up periods, market conditions, and costs to execute similar leases. In estimating carrying costs, the Company includes estimates of lost rents at market rates during the hypothetical expected lease-up periods, which are dependent on local market conditions and expected trends. In estimating costs to execute similar leases, the Company considers leasing commissions, legal, and other related costs. As of December 31, 2023, the Company had gross below market lease liabilities of $ 7.3 million, accumulated amortization of $ 0.4 million and a weighted average remaining amortization period of 3 years. | text | 7.3 | monetaryItemType | text: <entity> 7.3 </entity> <entity type> monetaryItemType </entity type> <context> specific characteristics of each property and the acquired tenant lease(s). Factors considered include estimates of carrying costs during hypothetical expected lease-up periods, market conditions, and costs to execute similar leases. In estimating carrying costs, the Company includes estimates of lost rents at market rates during the hypothetical expected lease-up periods, which are dependent on local market conditions and expected trends. In estimating costs to execute similar leases, the Company considers leasing commissions, legal, and other related costs. As of December 31, 2023, the Company had gross below market lease liabilities of $ 7.3 million, accumulated amortization of $ 0.4 million and a weighted average remaining amortization period of 3 years. </context> | us-gaap:BelowMarketLeaseGross |
specific characteristics of each property and the acquired tenant lease(s). Factors considered include estimates of carrying costs during hypothetical expected lease-up periods, market conditions, and costs to execute similar leases. In estimating carrying costs, the Company includes estimates of lost rents at market rates during the hypothetical expected lease-up periods, which are dependent on local market conditions and expected trends. In estimating costs to execute similar leases, the Company considers leasing commissions, legal, and other related costs. As of December 31, 2023, the Company had gross below market lease liabilities of $ 7.3 million, accumulated amortization of $ 0.4 million and a weighted average remaining amortization period of 3 years. | text | 0.4 | monetaryItemType | text: <entity> 0.4 </entity> <entity type> monetaryItemType </entity type> <context> specific characteristics of each property and the acquired tenant lease(s). Factors considered include estimates of carrying costs during hypothetical expected lease-up periods, market conditions, and costs to execute similar leases. In estimating carrying costs, the Company includes estimates of lost rents at market rates during the hypothetical expected lease-up periods, which are dependent on local market conditions and expected trends. In estimating costs to execute similar leases, the Company considers leasing commissions, legal, and other related costs. As of December 31, 2023, the Company had gross below market lease liabilities of $ 7.3 million, accumulated amortization of $ 0.4 million and a weighted average remaining amortization period of 3 years. </context> | us-gaap:BelowMarketLeaseAccumulatedAmortization |
For the years ended December 31, 2023 and 2022, the Company recorded an impairment charge of $ 36.3 million and $ 79.1 million, respectively. See Note 4, | text | 36.3 | monetaryItemType | text: <entity> 36.3 </entity> <entity type> monetaryItemType </entity type> <context> For the years ended December 31, 2023 and 2022, the Company recorded an impairment charge of $ 36.3 million and $ 79.1 million, respectively. See Note 4, </context> | us-gaap:ImpairmentOfRealEstate |
For the years ended December 31, 2023 and 2022, the Company recorded an impairment charge of $ 36.3 million and $ 79.1 million, respectively. See Note 4, | text | 79.1 | monetaryItemType | text: <entity> 79.1 </entity> <entity type> monetaryItemType </entity type> <context> For the years ended December 31, 2023 and 2022, the Company recorded an impairment charge of $ 36.3 million and $ 79.1 million, respectively. See Note 4, </context> | us-gaap:ImpairmentLossesRelatedToRealEstatePartnerships |
—Prepaid expenses and other assets consist of prepaid expenses, deposits, pre-acquisition costs and other loans receivable. During the year ended December 31, 2022, the Company determined that the remaining contractual obligations under two other loans receivable were not collectible and recorded a $ 4.6 million expected credit loss, net of a loan loss recovery of $ 0.8 million related to a loan previously written-off. The Company did not record an expected credit loss or recovery during the year ended December 31, 2023. Expected credit losses and recoveries are recorded in provision for loan losses, net in the consolidated statements of operations. | text | 4.6 | monetaryItemType | text: <entity> 4.6 </entity> <entity type> monetaryItemType </entity type> <context> —Prepaid expenses and other assets consist of prepaid expenses, deposits, pre-acquisition costs and other loans receivable. During the year ended December 31, 2022, the Company determined that the remaining contractual obligations under two other loans receivable were not collectible and recorded a $ 4.6 million expected credit loss, net of a loan loss recovery of $ 0.8 million related to a loan previously written-off. The Company did not record an expected credit loss or recovery during the year ended December 31, 2023. Expected credit losses and recoveries are recorded in provision for loan losses, net in the consolidated statements of operations. </context> | us-gaap:ProvisionForLoanLossesExpensed |
—Prepaid expenses and other assets consist of prepaid expenses, deposits, pre-acquisition costs and other loans receivable. During the year ended December 31, 2022, the Company determined that the remaining contractual obligations under two other loans receivable were not collectible and recorded a $ 4.6 million expected credit loss, net of a loan loss recovery of $ 0.8 million related to a loan previously written-off. The Company did not record an expected credit loss or recovery during the year ended December 31, 2023. Expected credit losses and recoveries are recorded in provision for loan losses, net in the consolidated statements of operations. | text | 0.8 | monetaryItemType | text: <entity> 0.8 </entity> <entity type> monetaryItemType </entity type> <context> —Prepaid expenses and other assets consist of prepaid expenses, deposits, pre-acquisition costs and other loans receivable. During the year ended December 31, 2022, the Company determined that the remaining contractual obligations under two other loans receivable were not collectible and recorded a $ 4.6 million expected credit loss, net of a loan loss recovery of $ 0.8 million related to a loan previously written-off. The Company did not record an expected credit loss or recovery during the year ended December 31, 2023. Expected credit losses and recoveries are recorded in provision for loan losses, net in the consolidated statements of operations. </context> | us-gaap:FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery |
—External costs incurred from placement of the Company’s debt are capitalized and amortized on a straight-line basis over the terms of the related borrowings, which approximates the effective interest method. For senior unsecured notes payable and the senior unsecured term loan, deferred financing costs are netted against the outstanding debt amounts on the consolidated balance sheets. For the unsecured revolving credit facility, deferred financing costs are included in assets on the Company’s consolidated balance sheets. Amortization of deferred financing costs is classified as interest expense in the consolidated statements of operations. Accumulated amortization of deferred financing costs was $ 4.8 million and $ 2.5 million at December 31, 2023 and 2022, respectively. | text | 4.8 | monetaryItemType | text: <entity> 4.8 </entity> <entity type> monetaryItemType </entity type> <context> —External costs incurred from placement of the Company’s debt are capitalized and amortized on a straight-line basis over the terms of the related borrowings, which approximates the effective interest method. For senior unsecured notes payable and the senior unsecured term loan, deferred financing costs are netted against the outstanding debt amounts on the consolidated balance sheets. For the unsecured revolving credit facility, deferred financing costs are included in assets on the Company’s consolidated balance sheets. Amortization of deferred financing costs is classified as interest expense in the consolidated statements of operations. Accumulated amortization of deferred financing costs was $ 4.8 million and $ 2.5 million at December 31, 2023 and 2022, respectively. </context> | us-gaap:AccumulatedAmortizationDeferredFinanceCosts |
—External costs incurred from placement of the Company’s debt are capitalized and amortized on a straight-line basis over the terms of the related borrowings, which approximates the effective interest method. For senior unsecured notes payable and the senior unsecured term loan, deferred financing costs are netted against the outstanding debt amounts on the consolidated balance sheets. For the unsecured revolving credit facility, deferred financing costs are included in assets on the Company’s consolidated balance sheets. Amortization of deferred financing costs is classified as interest expense in the consolidated statements of operations. Accumulated amortization of deferred financing costs was $ 4.8 million and $ 2.5 million at December 31, 2023 and 2022, respectively. | text | 2.5 | monetaryItemType | text: <entity> 2.5 </entity> <entity type> monetaryItemType </entity type> <context> —External costs incurred from placement of the Company’s debt are capitalized and amortized on a straight-line basis over the terms of the related borrowings, which approximates the effective interest method. For senior unsecured notes payable and the senior unsecured term loan, deferred financing costs are netted against the outstanding debt amounts on the consolidated balance sheets. For the unsecured revolving credit facility, deferred financing costs are included in assets on the Company’s consolidated balance sheets. Amortization of deferred financing costs is classified as interest expense in the consolidated statements of operations. Accumulated amortization of deferred financing costs was $ 4.8 million and $ 2.5 million at December 31, 2023 and 2022, respectively. </context> | us-gaap:AccumulatedAmortizationDeferredFinanceCosts |
When financings are terminated, unamortized deferred financing costs, as well as charges incurred for the termination, are expensed at the time the termination is made. Gains and losses from the extinguishment of debt are presented within other income (loss) in the Company’s consolidated statements of operations. During the year ended December 31, 2021, the Company recorded a loss on extinguishment of debt of $ 10.8 million. See Note 7, | text | 10.8 | monetaryItemType | text: <entity> 10.8 </entity> <entity type> monetaryItemType </entity type> <context> When financings are terminated, unamortized deferred financing costs, as well as charges incurred for the termination, are expensed at the time the termination is made. Gains and losses from the extinguishment of debt are presented within other income (loss) in the Company’s consolidated statements of operations. During the year ended December 31, 2021, the Company recorded a loss on extinguishment of debt of $ 10.8 million. See Note 7, </context> | us-gaap:GainsLossesOnExtinguishmentOfDebt |
(“ASC 718”). ASC 718 requires all entities to apply a fair value-based measurement method in accounting for share-based payment transactions with directors, officers and employees. The Company measures and recognizes compensation expense for all share-based payment awards made to directors, officers and employees based on the grant date fair value, amortized over the requisite service period of the award. Compensation expense for awards with performance-based vesting conditions is recognized based upon the probability that the performance target will be met. Compensation expense for awards with market-based vesting conditions is recognized based upon the estimated number of awards to be earned and is recognized provided that the requisite service is rendered, regardless of when, if ever, the market condition is satisfied. Forfeitures of stock-based awards are recognized as they occur. Net income (loss) reflects stock-based compensation expense of $ 5.2 million, $ 5.8 million and $ 10.8 million for the years ended December 31, 2023, 2022 and 2021, respectively. | text | 5.2 | monetaryItemType | text: <entity> 5.2 </entity> <entity type> monetaryItemType </entity type> <context> (“ASC 718”). ASC 718 requires all entities to apply a fair value-based measurement method in accounting for share-based payment transactions with directors, officers and employees. The Company measures and recognizes compensation expense for all share-based payment awards made to directors, officers and employees based on the grant date fair value, amortized over the requisite service period of the award. Compensation expense for awards with performance-based vesting conditions is recognized based upon the probability that the performance target will be met. Compensation expense for awards with market-based vesting conditions is recognized based upon the estimated number of awards to be earned and is recognized provided that the requisite service is rendered, regardless of when, if ever, the market condition is satisfied. Forfeitures of stock-based awards are recognized as they occur. Net income (loss) reflects stock-based compensation expense of $ 5.2 million, $ 5.8 million and $ 10.8 million for the years ended December 31, 2023, 2022 and 2021, respectively. </context> | us-gaap:AllocatedShareBasedCompensationExpense |
(“ASC 718”). ASC 718 requires all entities to apply a fair value-based measurement method in accounting for share-based payment transactions with directors, officers and employees. The Company measures and recognizes compensation expense for all share-based payment awards made to directors, officers and employees based on the grant date fair value, amortized over the requisite service period of the award. Compensation expense for awards with performance-based vesting conditions is recognized based upon the probability that the performance target will be met. Compensation expense for awards with market-based vesting conditions is recognized based upon the estimated number of awards to be earned and is recognized provided that the requisite service is rendered, regardless of when, if ever, the market condition is satisfied. Forfeitures of stock-based awards are recognized as they occur. Net income (loss) reflects stock-based compensation expense of $ 5.2 million, $ 5.8 million and $ 10.8 million for the years ended December 31, 2023, 2022 and 2021, respectively. | text | 5.8 | monetaryItemType | text: <entity> 5.8 </entity> <entity type> monetaryItemType </entity type> <context> (“ASC 718”). ASC 718 requires all entities to apply a fair value-based measurement method in accounting for share-based payment transactions with directors, officers and employees. The Company measures and recognizes compensation expense for all share-based payment awards made to directors, officers and employees based on the grant date fair value, amortized over the requisite service period of the award. Compensation expense for awards with performance-based vesting conditions is recognized based upon the probability that the performance target will be met. Compensation expense for awards with market-based vesting conditions is recognized based upon the estimated number of awards to be earned and is recognized provided that the requisite service is rendered, regardless of when, if ever, the market condition is satisfied. Forfeitures of stock-based awards are recognized as they occur. Net income (loss) reflects stock-based compensation expense of $ 5.2 million, $ 5.8 million and $ 10.8 million for the years ended December 31, 2023, 2022 and 2021, respectively. </context> | us-gaap:AllocatedShareBasedCompensationExpense |
(“ASC 718”). ASC 718 requires all entities to apply a fair value-based measurement method in accounting for share-based payment transactions with directors, officers and employees. The Company measures and recognizes compensation expense for all share-based payment awards made to directors, officers and employees based on the grant date fair value, amortized over the requisite service period of the award. Compensation expense for awards with performance-based vesting conditions is recognized based upon the probability that the performance target will be met. Compensation expense for awards with market-based vesting conditions is recognized based upon the estimated number of awards to be earned and is recognized provided that the requisite service is rendered, regardless of when, if ever, the market condition is satisfied. Forfeitures of stock-based awards are recognized as they occur. Net income (loss) reflects stock-based compensation expense of $ 5.2 million, $ 5.8 million and $ 10.8 million for the years ended December 31, 2023, 2022 and 2021, respectively. | text | 10.8 | monetaryItemType | text: <entity> 10.8 </entity> <entity type> monetaryItemType </entity type> <context> (“ASC 718”). ASC 718 requires all entities to apply a fair value-based measurement method in accounting for share-based payment transactions with directors, officers and employees. The Company measures and recognizes compensation expense for all share-based payment awards made to directors, officers and employees based on the grant date fair value, amortized over the requisite service period of the award. Compensation expense for awards with performance-based vesting conditions is recognized based upon the probability that the performance target will be met. Compensation expense for awards with market-based vesting conditions is recognized based upon the estimated number of awards to be earned and is recognized provided that the requisite service is rendered, regardless of when, if ever, the market condition is satisfied. Forfeitures of stock-based awards are recognized as they occur. Net income (loss) reflects stock-based compensation expense of $ 5.2 million, $ 5.8 million and $ 10.8 million for the years ended December 31, 2023, 2022 and 2021, respectively. </context> | us-gaap:AllocatedShareBasedCompensationExpense |
. The Company has one reportable segment consisting of investments in healthcare-related real estate assets. | text | one | integerItemType | text: <entity> one </entity> <entity type> integerItemType </entity type> <context> . The Company has one reportable segment consisting of investments in healthcare-related real estate assets. </context> | us-gaap:NumberOfReportableSegments |
, for additional information. One SNF is currently leased under a short-term lease and a new long-term lease has been entered into with one of the Company’s existing operators and it is expected that this lease will become effective once regulatory approval is obtained. Initial annual cash rent does not consider a rent deferral of $ 420,000 in the first year upon commencement of the long-term lease to be repaid in 15 installments beginning in year 2. The two other SNFs held through a joint venture are under separate leases with an initial annual rent of $ 2.0 million. The leases provide for a rent reset in which the joint venture may propose rent, capped at 10 % of gross revenues, effective January 1, 2027. If the proposed rent reset is not accepted, the joint venture has the option to replace the current tenant. | text | 420000 | monetaryItemType | text: <entity> 420000 </entity> <entity type> monetaryItemType </entity type> <context> , for additional information. One SNF is currently leased under a short-term lease and a new long-term lease has been entered into with one of the Company’s existing operators and it is expected that this lease will become effective once regulatory approval is obtained. Initial annual cash rent does not consider a rent deferral of $ 420,000 in the first year upon commencement of the long-term lease to be repaid in 15 installments beginning in year 2. The two other SNFs held through a joint venture are under separate leases with an initial annual rent of $ 2.0 million. The leases provide for a rent reset in which the joint venture may propose rent, capped at 10 % of gross revenues, effective January 1, 2027. If the proposed rent reset is not accepted, the joint venture has the option to replace the current tenant. </context> | us-gaap:DeferredRentReceivablesNet |
On March 24, 2023, the Company amended its master lease with affiliates of Hillstone. In connection with the lease amendment, the Company agreed to defer rent of approximately $ 0.7 million for 12 months from December 2022 through November 2023 to be repaid as a percentage of adjusted gross revenues of one underlying facility, as defined in the amended lease, beginning January 1, 2025, until deferred rent has been paid in full. On December 31, 2023, the Company terminated its master lease with Hillstone. Annual cash rent under the Hillstone master lease prior to lease termination was approximately $ 1.3 million. Hillstone paid a lease termination fee of approximately $ 0.8 million to cover unpaid contractual rent. | text | 0.7 | monetaryItemType | text: <entity> 0.7 </entity> <entity type> monetaryItemType </entity type> <context> On March 24, 2023, the Company amended its master lease with affiliates of Hillstone. In connection with the lease amendment, the Company agreed to defer rent of approximately $ 0.7 million for 12 months from December 2022 through November 2023 to be repaid as a percentage of adjusted gross revenues of one underlying facility, as defined in the amended lease, beginning January 1, 2025, until deferred rent has been paid in full. On December 31, 2023, the Company terminated its master lease with Hillstone. Annual cash rent under the Hillstone master lease prior to lease termination was approximately $ 1.3 million. Hillstone paid a lease termination fee of approximately $ 0.8 million to cover unpaid contractual rent. </context> | us-gaap:PaymentsForRent |
. On August 1, 2021, the Company acquired two skilled nursing facilities. The facilities were leased to affiliates of Ensign. In conjunction with the acquisition of the two facilities, the Company amended and extended the initial term of an existing Ensign Master Lease to include the two skilled nursing facilities. The Ensign Master Lease, as amended, had a remaining term at the date of amendment of approximately 17 years, with three five-year renewal options and CPI-based rent escalators. Annual cash rent under the amended lease increased by approximately $ 2.2 million, with GAAP rent increasing by $ 2.5 million due to a $ 5.0 million prepayment of rent made at closing, which is being amortized on a straight-line basis over the remaining lease term. | text | 5.0 | monetaryItemType | text: <entity> 5.0 </entity> <entity type> monetaryItemType </entity type> <context> . On August 1, 2021, the Company acquired two skilled nursing facilities. The facilities were leased to affiliates of Ensign. In conjunction with the acquisition of the two facilities, the Company amended and extended the initial term of an existing Ensign Master Lease to include the two skilled nursing facilities. The Ensign Master Lease, as amended, had a remaining term at the date of amendment of approximately 17 years, with three five-year renewal options and CPI-based rent escalators. Annual cash rent under the amended lease increased by approximately $ 2.2 million, with GAAP rent increasing by $ 2.5 million due to a $ 5.0 million prepayment of rent made at closing, which is being amortized on a straight-line basis over the remaining lease term. </context> | us-gaap:AssetAcquisitionConsiderationTransferredOtherAssets |
During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. | text | 36.3 | monetaryItemType | text: <entity> 36.3 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. | text | 26.8 | monetaryItemType | text: <entity> 26.8 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. | text | 8.0 | monetaryItemType | text: <entity> 8.0 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. | text | 1.5 | monetaryItemType | text: <entity> 1.5 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. | text | 79.1 | monetaryItemType | text: <entity> 79.1 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. | text | 14.4 | monetaryItemType | text: <entity> 14.4 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. | text | 19.7 | monetaryItemType | text: <entity> 19.7 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. | text | 45.0 | monetaryItemType | text: <entity> 45.0 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. | text | not | monetaryItemType | text: <entity> not </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized aggregate impairment charges of $ 36.3 million, of which $ 26.8 million related to properties held for sale, $ 8.0 million related to properties held for investment, and $ 1.5 million related to properties that were sold. During the year ended December 31, 2022, the Company recognized aggregate impairment charges of $ 79.1 million, of which $ 14.4 million related to properties held for sale, $ 19.7 million related to properties held for investment, and $ 45.0 million related to properties that were sold. These charges are reported in impairment of real estate investments in the consolidated statements of operations. During the year ended December 31, 2021, the Company did not recognize any impairment charges. </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2023, the Company recognized an impairment charge of $ 8.0 million related to one SNF. The Company wrote down its carrying value of $ 8.7 million to its estimated fair value of $ 0.7 million, which is included in real estate investments, net on the Company’s consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 7,000 . | text | 8.0 | monetaryItemType | text: <entity> 8.0 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized an impairment charge of $ 8.0 million related to one SNF. The Company wrote down its carrying value of $ 8.7 million to its estimated fair value of $ 0.7 million, which is included in real estate investments, net on the Company’s consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 7,000 . </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2023, the Company recognized an impairment charge of $ 8.0 million related to one SNF. The Company wrote down its carrying value of $ 8.7 million to its estimated fair value of $ 0.7 million, which is included in real estate investments, net on the Company’s consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 7,000 . | text | 8.7 | monetaryItemType | text: <entity> 8.7 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized an impairment charge of $ 8.0 million related to one SNF. The Company wrote down its carrying value of $ 8.7 million to its estimated fair value of $ 0.7 million, which is included in real estate investments, net on the Company’s consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 7,000 . </context> | us-gaap:RealEstateInvestmentPropertyAtCost |
During the year ended December 31, 2023, the Company recognized an impairment charge of $ 8.0 million related to one SNF. The Company wrote down its carrying value of $ 8.7 million to its estimated fair value of $ 0.7 million, which is included in real estate investments, net on the Company’s consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 7,000 . | text | 0.7 | monetaryItemType | text: <entity> 0.7 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, the Company recognized an impairment charge of $ 8.0 million related to one SNF. The Company wrote down its carrying value of $ 8.7 million to its estimated fair value of $ 0.7 million, which is included in real estate investments, net on the Company’s consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 7,000 . </context> | us-gaap:RealEstateInvestmentPropertyNet |
During the year ended December 31, 2022, the Company recognized an impairment charge of $ 1.7 million related to one SNF. The Company wrote down its carrying value of $ 2.8 million to its estimated fair value of $ 1.1 million, which is included in real estate investments, net on the Company’s condensed consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 20,000 . | text | 1.7 | monetaryItemType | text: <entity> 1.7 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2022, the Company recognized an impairment charge of $ 1.7 million related to one SNF. The Company wrote down its carrying value of $ 2.8 million to its estimated fair value of $ 1.1 million, which is included in real estate investments, net on the Company’s condensed consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 20,000 . </context> | us-gaap:ImpairmentOfRealEstate |
During the year ended December 31, 2022, the Company recognized an impairment charge of $ 1.7 million related to one SNF. The Company wrote down its carrying value of $ 2.8 million to its estimated fair value of $ 1.1 million, which is included in real estate investments, net on the Company’s condensed consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 20,000 . | text | 2.8 | monetaryItemType | text: <entity> 2.8 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2022, the Company recognized an impairment charge of $ 1.7 million related to one SNF. The Company wrote down its carrying value of $ 2.8 million to its estimated fair value of $ 1.1 million, which is included in real estate investments, net on the Company’s condensed consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 20,000 . </context> | us-gaap:RealEstateInvestmentPropertyAtCost |
During the year ended December 31, 2022, the Company recognized an impairment charge of $ 1.7 million related to one SNF. The Company wrote down its carrying value of $ 2.8 million to its estimated fair value of $ 1.1 million, which is included in real estate investments, net on the Company’s condensed consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 20,000 . | text | 1.1 | monetaryItemType | text: <entity> 1.1 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2022, the Company recognized an impairment charge of $ 1.7 million related to one SNF. The Company wrote down its carrying value of $ 2.8 million to its estimated fair value of $ 1.1 million, which is included in real estate investments, net on the Company’s condensed consolidated balance sheets. The fair value of the asset was based on comparable market transactions and considered Level 3 measurements within the fair value hierarchy. For the Company’s impairment calculation, the Company’s fair value estimates primarily relied on a market approach and utilized prices per unit of $ 20,000 . </context> | us-gaap:RealEstateInvestmentPropertyNet |
price per unit of $ 125,000 . During the year ended December 31, 2022, the Company recognized approximately $ 1.4 million in impairment charges related to this one ALF. | text | 1.4 | monetaryItemType | text: <entity> 1.4 </entity> <entity type> monetaryItemType </entity type> <context> price per unit of $ 125,000 . During the year ended December 31, 2022, the Company recognized approximately $ 1.4 million in impairment charges related to this one ALF. </context> | us-gaap:ImpairmentOfRealEstate |
During the fourth quarter of 2022, the Company determined that nine ALFs, with a carrying value of $ 50.8 million, that were classified as held for sale at September 30, 2022, no longer met the held for sale criteria. The Company reclassified the nine ALFs out of assets held for sale at their fair value at the date of the decision not to sell of approximately $ 47.8 million. During the year ended December 31, 2022, the Company recognized approximately $ 16.6 million in impairment charges related to these nine ALFs. The fair value of assets reclassified as real estate investments held for use was based on an income approach using current market conditions and considers matters such as the forecasted operating cash flows, lease coverage ratios, capitalization rates, and, where applicable, terms of recent lease agreements or the results of negotiations with prospective tenants, which are considered to be Level 3 measurements within the fair value hierarchy. There are inherent uncertainties in making these assumptions. For the Company’s impairment calculations, the Company’s fair value estimates primarily relied on an income approach. When utilizing an income approach, assumptions include, but are not limited to, terminal capitalization rates ranging from 7.5 % to 8.75 % and discount rates ranging from 8.5 % to 9.75 %. | text | 50.8 | monetaryItemType | text: <entity> 50.8 </entity> <entity type> monetaryItemType </entity type> <context> During the fourth quarter of 2022, the Company determined that nine ALFs, with a carrying value of $ 50.8 million, that were classified as held for sale at September 30, 2022, no longer met the held for sale criteria. The Company reclassified the nine ALFs out of assets held for sale at their fair value at the date of the decision not to sell of approximately $ 47.8 million. During the year ended December 31, 2022, the Company recognized approximately $ 16.6 million in impairment charges related to these nine ALFs. The fair value of assets reclassified as real estate investments held for use was based on an income approach using current market conditions and considers matters such as the forecasted operating cash flows, lease coverage ratios, capitalization rates, and, where applicable, terms of recent lease agreements or the results of negotiations with prospective tenants, which are considered to be Level 3 measurements within the fair value hierarchy. There are inherent uncertainties in making these assumptions. For the Company’s impairment calculations, the Company’s fair value estimates primarily relied on an income approach. When utilizing an income approach, assumptions include, but are not limited to, terminal capitalization rates ranging from 7.5 % to 8.75 % and discount rates ranging from 8.5 % to 9.75 %. </context> | us-gaap:RealEstateInvestmentPropertyAtCost |
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