Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.2.2
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of assets and liabilities measured at fair value on recurring basis
    Fair value measured at September 30, 2022  
    Total carrying value at September 30, 2022     Quoted prices in active markets
 (Level 1)
    Significant other observable inputs (Level 2)     Significant unobservable inputs (Level 3)  
Derivative asset   $ 112,944     $
—  
    $
—  
    $ 112,944  
Contingent consideration liability   $ 39,996     $
—  
    $
—  
    $ 39,996  

 

    Fair value measured at December 31, 2021  
    Total carrying value at December 31, 2021     Quoted prices in active markets
 (Level 1)
    Significant other observable inputs (Level 2)     Significant unobservable inputs (Level 3)  
Derivative asset   $ 26,079     $
—  
    $
—  
    $ 26,079  
Contingent consideration liability   $ 83,928     $
—  
    $
—  
    $ 83,928  
Schedule of changes in estimated fair value of derivative asset
    2022     2021  
Balance as of January 1   $ 26,079     $
—  
 
Acquisition of Whinstone    
—  
      13,967  
Change in fair value     86,865       23,806  
Balance as of September 30   $ 112,944     $ 37,773  
Schedule of changes in estimated fair value of liability
    2022     2021  
Balance as of January 1   $ 83,928     $
—  
 
Acquisition of Whinstone    
—  
      82,953  
Change in contingent consideration     (44,108 )    
—  
 
Change in fair value     176       444  
Balance as of September 30   $ 39,996     $ 83,397