Quarterly report pursuant to Section 13 or 15(d)

OTHER NON-CURRENT ASSETS

v3.24.2.u1
OTHER NON-CURRENT ASSETS
 6 Months Ended
Jun. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER NON-CURRENT ASSETS
NOTE 5 — OTHER NON-CURRENT ASSETS
Other non-current assets consist of the following (in thousands):
June 30, 2024 December 31, 2023
Restricted cash — finance leases $ 27,750  $ 24,900 
Restricted cash — debt collateral 35,034  — 
Note receivable 25,753  24,189 
Right of use asset — operating leases 11,141  12,814 
Investment in unconsolidated entity 6,089  6,089 
Other 2,207  2,208 
Total other non-current assets $ 107,974  $ 70,200 
Restricted Cash
Restricted Cash — finance leases represents cash collateralization of letters of credit associated with finance leases. Restricted Cash — debt collateral represents cash held in a blocked deposit account under the terms of the indenture governing the Convertible Notes (as defined below).
Note Receivable
The promissory note bears interest at a rate of 6.00%, which is capitalized into the outstanding principal balance.