INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands |
Dec. 31, 2024 |
Dec. 31, 2023 |
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Deferred tax assets: | ||
Net operating loss carryforward and tax credits | $ 345,770 | $ 399,017 |
Oil and gas property basis difference | 194,412 | 143,769 |
Investment in pass through entities | 65,210 | 68,114 |
Stock-based compensation expense | 1,821 | 1,262 |
Change in fair value of derivative instruments | 6,106 | 0 |
Other assets | 56,849 | 52,730 |
Total deferred tax assets | 670,168 | 664,892 |
Valuation allowance for deferred tax assets | (83,695) | (85,757) |
Deferred tax assets, net of valuation allowance | 586,473 | 579,135 |
Deferred tax liabilities: | ||
Change in fair value of derivative instruments | 3,401 | 50,448 |
Right of use asset | 1,281 | 3,003 |
Other | 558 | 528 |
Total deferred tax liabilities | 5,240 | 53,979 |
Net deferred tax asset | $ 581,233 | $ 525,156 |
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- Definition Deferred Tax Asset, Oil and Gas Property Basis Difference No definition available.
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- Definition Deferred Tax Liabilities, Right Of Use Asset No definition available.
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- Definition Amount of deferred tax liability attributable to taxable temporary differences. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from hedging transactions. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from the entity's investment in its wholly-owned subsidiaries. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, without jurisdictional netting. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible temporary differences, classified as other. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from share-based compensation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences from derivatives. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of deferred tax liability attributable to taxable temporary differences classified as other. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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