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Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2019	Feb. 27, 2020	Jun. 28, 2019
Entity Information [Line Items]
Entity Registrant Name	New Fortress Energy LLC
Entity Central Index Key	0001749723
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Public Float			$ 165.9
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Entity Address, State or Province	NY
Class A [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		23,607,096
Class B [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		144,342,572

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 27,098	$ 78,301
Restricted cash	30,966	30
Receivables, net of allowances of $0 and $257, respectively	49,890	28,530
Inventory	63,432	15,959
Finance leases, net	1,082	943
Prepaid expenses and other current assets	38,652	30,017
Total current assets	211,120	153,780
Restricted cash	34,971	22,522
Construction in progress	466,587	254,700
Property, plant and equipment, net	192,222	94,040
Finance leases, net	91,174	92,207
Intangibles, net	43,540	43,057
Investment in equity securities	2,540	3,656
Deferred tax asset, net	34	185
Other non-current assets	81,626	35,255
Total assets	1,123,814	699,402
Current liabilities
Term loan facility	0	272,192
Accounts payable	11,593	43,177
Accrued liabilities	54,943	67,512
Due to affiliates	10,252	4,481
Other current liabilities	25,475	17,393
Total current liabilities	102,263	404,755
Long-term debt	619,057	0
Deferred tax liability, net	241	0
Other long-term liabilities	14,929	12,000
Total liabilities	736,490	416,755
Commitments and contingences (Note 19)
Stockholders' equity
Members' capital, no par value, 500,000,000 shares authorized, 67,983,095 shares issued and outstanding as of December 31, 2018	0	426,741
Accumulated deficit	(45,823)	(158,423)
Accumulated other comprehensive loss	(30)	(11)
Total stockholders' equity attributable to NFE	84,805
Total stockholders' equity attributable to NFE		268,307
Non-controlling interest	302,519
Non-controlling interest		14,340
Total stockholders' equity	387,324	282,647
Total stockholders' equity		282,647
Total liabilities and stockholders' equity	1,123,814	699,402
Class A [Member]
Stockholders' equity
Common Stock	130,658	0
Class B [Member]
Stockholders' equity
Common Stock	$ 0	$ 0

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets
Allowances for receivables	$ 0	$ 257
Stockholders' equity
Members' capital, par value (in dollars per share)		$ 0
Members' capital, shares authorized (in shares)		500,000,000
Members' capital, shares issued (in shares)		67,983,095
Members' capital, shares outstanding (in shares)		67,983,095
Class A [Member]
Stockholders' equity
Common stock, shares issued (in shares)	23,607,096	0
Shares outstanding (in shares)	23,607,096	0
Class B [Member]
Stockholders' equity
Common stock, shares issued (in shares)	144,342,572	0
Shares outstanding (in shares)	144,342,572	0

Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues
Operating revenue	$ 145,500	$ 96,906	$ 82,104
Other revenue	43,625	15,395	15,158
Total revenues	189,125	112,301	97,262
Operating expenses
Cost of sales	183,359	95,742	78,692
Operations and maintenance	26,899	9,589	7,456
Selling, general and administrative	152,922	62,137	33,343
Loss on mitigation sales	5,280	0	0
Depreciation and amortization	7,940	3,321	2,761
Total operating expenses	376,400	170,789	122,252
Operating loss	(187,275)	(58,488)	(24,990)
Interest expense	19,412	11,248	6,456
Other income, net	(2,807)	(784)	(301)
Loss on extinguishment of debt, net	0	9,568	0
Loss before taxes	(203,880)	(78,520)	(31,145)
Tax expense (benefit)	439	(338)	526
Net loss	(204,319)	(78,182)	(31,671)
Net loss attributable to non-controlling interest	170,510	106	0
Net loss attributable to stockholders	$ (33,809)	(78,076)	(31,671)
Net loss per share - basic and diluted (in dollars per share)	$ (1.62)
Weighted average number of shares outstanding - basic and diluted (in shares)	20,862,555
Other comprehensive loss:
Net loss	$ (204,319)	(78,182)	(31,671)
Unrealized loss on currency translation adjustment	219	0	0
Unrealized loss (gain) on available-for-sale investment	0	2,677	(1,303)
Comprehensive loss	(204,538)	(80,859)	(30,368)
Comprehensive loss attributable to non-controlling interest	170,699	106	0
Comprehensive loss attributable to stockholders	$ (33,839)	$ (80,753)	$ (30,368)

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Members' Capital [Member]	Common Stock [Member] Class A [Member]	Common Stock [Member] Class B [Member]	Stock Subscription Receivable [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Non-controlling Interest [Member]	Total
Balance at Dec. 31, 2016	$ 336,683	$ 0	$ 0	$ 0	$ (48,676)	$ 1,363	$ 0	$ 289,370
Balance (in shares) at Dec. 31, 2016	65,000,000	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(31,671)			(31,671)
Other comprehensive income (loss)						1,303		1,303
Capital contributions	$ 70,100							70,100
Capital contributions (in shares)	2,317,252
Cost of issuing capital	$ (192)							(192)
Stock subscription receivable	$ 0			(50,000)				(50,000)
Stock subscription receivable (in shares)	(1,652,215)
Balance at Dec. 31, 2017	$ 406,591	$ 0	$ 0	(50,000)	(80,347)	2,666	0	278,910
Balance (in shares) at Dec. 31, 2017	65,665,037	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(78,076)		(106)	(78,182)
Other comprehensive income (loss)						(2,677)		(2,677)
Capital contributions	$ 20,150							20,150
Capital contributions (in shares)	665,843
Stock subscription receivable				50,000				50,000
Stock subscription receivable (in shares)	1,652,215
Acquisition of Shannon LNG							14,446	14,446
Balance at Dec. 31, 2018	$ 426,741	$ 0	$ 0	0	(158,423)	(11)	14,340	282,647
Balance (in shares) at Dec. 31, 2018	67,983,095	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(7,923)	11	(91)	(8,003)
Balance at Dec. 31, 2018	$ 426,741	$ 0	$ 0	0	(158,423)	(11)	14,340	282,647
Balance (in shares) at Dec. 31, 2018	67,983,095	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss								(204,319)
Balance at Dec. 31, 2019	$ 0	$ 130,658	$ 0	0	(45,823)	(30)	302,519	387,324
Balance (in shares) at Dec. 31, 2019	0	23,607,096	144,342,572
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss					(25,897)		(170,419)	(196,316)
Issuance of Class A shares in the IPO, net of underwriting discount and offering costs		$ 32,136						268,010
Issuance of Class A shares in the IPO, net of underwriting discount and offering costs (in shares)		20,837,272
Issuance of Class A shares in the IPO, net of underwriting discount and offering costs							235,874
Effects of the reorganization transactions	$ (426,741)	$ 51,092			146,420		229,229	0
Effects of reorganization transactions (in shares)	(67,983,095)		147,058,824
Other comprehensive income (loss)						(30)	(189)	(219)
Share-based compensation expense		41,205						41,205
Exchange of NFI Units		$ 6,225					(6,225)	0
Exchange of NFI Units (in shares)		2,716,252	(2,716,252)
Issuance of shares for vested RSUs								0
Issuance of shares for vested RSUs (in shares)		53,572
Balance at Dec. 31, 2019	$ 0	$ 130,658	$ 0	$ 0	$ (45,823)	$ (30)	$ 302,519	$ 387,324
Balance (in shares) at Dec. 31, 2019	0	23,607,096	144,342,572

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities
Net loss	$ (204,319)	$ (78,182)	$ (31,671)
Adjustments for:
Amortization of deferred financing costs	5,873	4,023	696
Depreciation and amortization	8,641	4,034	3,214
Loss on extinguishment of debt, net	0	3,188	0
Deferred taxes	392	(345)	521
Change in value of investment in equity securities	1,116	0	0
Share-based compensation	41,205	0	0
Loss on mitigation sales	2,622	0	0
Other	131	439	1,342
(Increase) in receivables	(19,754)	(9,516)	(3,114)
(Increase) in inventories	(50,345)	(4,807)	(3,496)
(Increase) in other assets	(39,344)	(28,338)	(21,738)
Increase (Decrease) in accounts payable/accrued liabilities	3,036	12,232	(110)
Increase in amounts due to affiliates	5,771	2,390	894
Increase (Decrease) in other liabilities	10,714	1,655	(1,430)
Net cash used in operating activities	(234,261)	(93,227)	(54,892)
Cash flows from investing activities
Purchase of investment in equity securities	0	0	(1,667)
Capital expenditures	(377,051)	(181,151)	(28,727)
Principal payments received on finance lease, net	887	724	536
Acquisition of consolidated subsidiary	0	(4,028)	0
Net cash used in investing activities	(376,164)	(184,455)	(29,858)
Cash flows from financing activities
Proceeds from borrowings of debt	347,856	280,600	0
Payment of deferred financing costs	(8,259)	(14,026)	0
Repayment of debt	(5,000)	(76,520)	(5,828)
Proceeds from IPO	274,948	0	0
Repayment of affiliate note	0	0	(120)
Capital contributed from Members	0	20,150	20,100
Payment of stock issuance costs	(6,938)	0	(192)
Collection of subscription receivable	0	50,000	0
Net cash provided by financing activities	602,607	260,204	13,960
Net (decrease) in cash, cash equivalents and restricted cash	(7,818)	(17,478)	(70,790)
Cash, cash equivalents and restricted cash - beginning of period	100,853	118,331	189,121
Cash, cash equivalents and restricted cash - end of period	93,035	100,853	118,331
Supplemental disclosure of non-cash investing and financing activities:
Changes in accounts payable and accrued liabilities associated with construction in progress and property, plant and equipment additions	(48,150)	74,280	7,997
Cash paid for interest, net of capitalized interest	6,765	7,515	5,725
Cash paid for taxes	$ 28	$ 0	$ 5

Organization

12 Months Ended

Dec. 31, 2019

Organization [Abstract]

Organization

1.	Organization

New Fortress Energy LLC (“NFE,” together with its subsidiaries, the “Company”) is a Delaware limited liability company formed by New Fortress Energy Holdings LLC (‘New Fortress Energy Holdings”) on August 6, 2018. The Company is engaged in providing energy and logistical services to end-users worldwide seeking to convert their operating assets from automotive diesel oil ("ADO") or heavy fuel oil to LNG or natural gas. The Company currently sources LNG from a combination of purchases under long-term supply contracts and the Company’s liquefaction facility in Miami, Florida. The Company has liquefaction and regasification operations in the United States and Jamaica and is developing assets in Mexico, Ireland, Nicaragua, and Angola.

The Company manages, analyzes and reports on its business and results of operations on the basis of one operating segment. The chief operating decision maker makes resource allocation decisions and assesses performance based on financial information presented on a consolidated basis.

Significant accounting policies

12 Months Ended

Dec. 31, 2019

Significant accounting policies [Abstract]

Significant accounting policies

2.	Significant accounting policies

The principle accounting policies adopted are set out below.

(a)	Basis of presentation and principles of consolidation

The consolidated financial statements were prepared in accordance with GAAP. The accompanying consolidated financial statements contained herein reflect all normal and recurring adjustments which are, in the opinion of management, necessary to provide a fair statement of the financial position, results of operations, and cash flows of the Company for the periods presented. The consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned consolidated subsidiaries. The ownership interest of other investors in consolidated subsidiaries is recorded as non-controlling interest. All significant intercompany transactions and balances have been eliminated in consolidation.

On February 4, 2019, the Company completed an initial public offering (“IPO”) and a series of other transactions, in which the Company issued and sold 20,000,000 Class A shares at an IPO price of $14.00 per share. The Company’s Class A shares began trading on NASDAQ Global Select Market (“NASDAQ”) under the symbol “NFE” on January 31, 2019. Net proceeds from the IPO were $257.0 million, after deducting underwriting discounts and commissions and transaction costs. These proceeds were contributed to New Fortress Intermediate LLC (“NFI”), an entity formed in conjunction with the IPO, in exchange for 20,000,000 limited liability company units in NFI (“NFI LLC Units”). In addition, New Fortress Energy Holdings contributed all of its interests in consolidated subsidiaries that comprised substantially all of its historical operations to NFI in exchange for NFI LLC Units. In connection with the IPO, New Fortress Energy Holdings also received 147,058,824 Class B shares of the Company, which is equal to the number of NFI LLC Units held by New Fortress Energy Holdings immediately following the IPO. Immediately following the IPO, New Fortress Energy Holdings held a significant interest in NFE through its ownership of 147,058,824 Class B shares, representing an 88.0% voting and non-economic interest. New Fortress Energy Holdings also had an 88.0% economic interest in NFI through its ownership of 147,058,824 of NFI LLC Units. New Fortress Energy Holdings has been determined to be NFE’s predecessor for accounting purposes.

On March 1, 2019, the underwriters of the IPO exercised their option to purchase an additional 837,272 Class A shares at the IPO price of $14.00 per share, less underwriting discounts, which resulted in $11.0 million in additional net proceeds after deducting $0.7 million of underwriting discounts and commissions, such that there were 20,837,272 outstanding Class A shares. In connection with the exercise of the underwriters’ option to purchase an additional 837,272 Class A shares, NFE contributed such additional net proceeds to NFI in exchange for 837,272 NFI LLC Units.

NFE is a holding company whose sole material asset is a controlling equity interest in NFI. As the sole managing member of NFI, NFE operates and controls all of the business and affairs of NFI, and through NFI and its subsidiaries, conducts the Company’s historical business. The contribution of the assets of New Fortress Energy Holdings and net proceeds from the IPO to NFI was treated as a reorganization of entities under common control. As a result, NFE presented the consolidated balance sheets and statements of operations and comprehensive loss of New Fortress Energy Holdings for all periods prior to the IPO. The Company’s financial statements also include a non-controlling interest related to the portion of NFI LLC Units not owned by NFE. Prior to the IPO, NFE had no operations and had no assets or liabilities.

(b)	Use of estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates include relative fair value allocation between revenue and lease components of contracts with customers, total consideration and fair value of identifiable net assets related to acquisitions, and fair value of equity awards granted to both employees and non-employees.

Management evaluates its estimates and related assumptions regularly. Changes in facts and circumstances or additional information may result in revised estimates, and actual results may differ from these estimates.

(c)	Foreign currencies

The Company has certain foreign subsidiaries where the functional currency is the local currency. All of the assets and liabilities of these subsidiaries are converted to U.S. dollars at the exchange rate in effect at the balance sheet date, income and expense accounts are translated at average rates for the period, and shareholder’s equity accounts are translated at historical rates. The effects of translating financial statements of foreign operations into our reporting currency are recognized as a cumulative translation adjustment in consolidated other comprehensive income (loss).

The Company also has foreign subsidiaries that have a functional currency of the U.S. dollar. Purchases and sales of assets and income and expense items denominated in foreign currencies are remeasured into U.S. dollar amounts on the respective dates of such transactions. Net realized foreign currency gains or losses relating to the differences between these recorded amounts and the U.S. dollar equivalent actually received or paid are included within Other income, net in the consolidated statements of operations and comprehensive loss.

(d)	Cash and cash equivalents

The Company considers all highly liquid investments with an original maturity of three months or less at the time of purchase to be cash equivalents.

(e)	Restricted cash

Restricted cash consists of funds that are contractually restricted as to usage or withdrawal and have been presented separately from cash and cash equivalents on the consolidated balance sheets.

(f)	Receivables

Receivables are reported net of allowances for doubtful accounts. The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of customers to make required payments. The Company estimates the allowance for doubtful accounts based on a variety of factors including the length of time receivables are past due, the financial health of customers, unusual macroeconomic conditions, and historical experience. As of December 31, 2019 and 2018, the Company recognized an allowance for doubtful accounts of $0 and $257, respectively.

(g)	Inventories

LNG and natural gas inventories and ADO inventories are recorded at weighted average cost, and materials and other inventory are recorded at cost. The Company’s cost to convert from natural gas to LNG, which primarily consists of labor, depreciation, and other direct costs to operate liquefaction facilities, is reflected in Inventory on the consolidated balance sheets.

LNG is subject to “boil-off,” a natural loss of gas volume over time when LNG is exposed to environments with temperatures above its optimum storage state. Boil-off losses are expensed through Cost of sales in the consolidated statements of operations and comprehensive loss in instances where gas cannot be contained and recycled back into the production process in the period in which the loss occurs.

(h)	Construction in progress

Construction in progress is recorded at cost, and at the point at which the constructed asset is put into use, the full cost of the asset is reclassified from Construction in progress to Property, plant and equipment, net or Finance leases, net on the consolidated balance sheets. Construction progress payments, engineering costs, and other costs directly relating to the asset under construction are capitalized during the construction period, provided the completion of the construction project is deemed probable or if the costs may be utilized in future projects. Depreciation is not recognized during the construction period.

The interest cost associated with major development and construction projects is capitalized during the construction period and included in the cost of the project in Construction in progress.

(i)	Property, plant and equipment, net

Property, plant and equipment is recorded at cost. Expenditures for construction activities and betterments that extend the useful life of the asset are capitalized. Major maintenance and overhauls are capitalized and will be depreciated over the period expected until the next anticipated major maintenance or overhaul, while expenditures for routine maintenance and repairs are charged to expense as incurred within Operations and maintenance in the consolidated statements of operations and comprehensive loss. The Company depreciates property, plant and equipment using the straight-line depreciation method over the estimated economic life of the asset or lease term, whichever is shorter using the following useful lives:

	Useful life (Yrs)
LNG liquefaction facilities		20-30
Gas terminals		5-45
Gas pipelines		4-45
ISO containers and other equipment		3-40
Leasehold improvements		5-27

The Company reviews the remaining useful life of its assets on a regular basis to determine whether changes have taken place that would suggest that a change to depreciation policies is warranted.

Upon retirement or disposal of property, plant and equipment, the cost and related accumulated depreciation are removed from the account, and the resulting gains or losses, if any, are recorded in the consolidated statements of operations and comprehensive loss.

(j)	Asset retirement obligations (“AROs”)

AROs are recognized for legal obligations associated with the retirement of long-lived assets that result from the acquisition, leasing, construction, development and/or normal use of the assets and for conditional AROs in which the timing or method of settlement are conditional on a future event. The fair value of a liability for an ARO is recognized in the period in which the liability is incurred if a reasonable estimate of fair value can be made and is accreted to its final value over the life of the liability. The initial fair value of the liability is added to the carrying amount of the associated asset. This additional carrying amount is depreciated over the estimated useful life of the asset.

The Company estimates the fair value of the ARO liability based on the present value of expected cash flows using a credit-adjusted risk-free rate. Liabilities for AROs may be incurred over more than one reporting period if the events that create the obligation occur over more than one period or if estimates change. There were no settlements of AROs during the years ended December 31, 2019 and 2018.

(k)	Impairment of long-lived assets

The Company performs a recoverability assessment of each of its long-lived assets whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Indicators may include, but are not limited to, adverse changes in the regulatory environment in a jurisdiction where the Company operates, unfavorable events impacting the supply chain for LNG to the Company’s operations, a decision to discontinue the development of a long-lived asset, early termination of a significant customer contract, or the introduction of newer technology.

When performing a recoverability assessment, the Company measures whether the estimated future undiscounted net cash flows expected to be generated by the asset exceeds its carrying value. In the event that an asset does not meet the recoverability test, the carrying value of the asset will be adjusted to fair value resulting in an impairment charge.

Management develops the assumptions used in the recoverability assessment based on active contracts, current and future expectations of the global demand for LNG and natural gas, as well as information received from third party industry sources. The Company did not record an impairment during the years ended December 31, 2019, 2018, and 2017.

(l)	Investment in equity securities

The Company has adopted ASU 2016-01 (defined below) for the year beginning January 1, 2019. Under the new guidance, the investment in equity securities is carried at fair value with gains or losses recorded in earnings in Other income, net in the consolidated statements of operations and comprehensive loss. See “Note 10. Investment in equity securities” for more information.

Prior to the adoption of this guidance, unrealized gains or losses for investment in equity securities were recorded in Other comprehensive income (loss). See “Note 3(b) Adoption of new and revised standards – New and amended standards adopted by the Company” for additional information related to the adoption of ASU 2016-01.

(m)	Intangible assets

The Company accounts for intangible assets in accordance with Accounting Standards Codification (“ASC”) 350, Intangibles – Goodwill and Other. Upon a business combination or asset acquisition, the Company may obtain identifiable intangible assets. Intangible assets with a finite life are amortized over the estimated useful life of the asset under the straight-line method.

Indefinite lived intangible assets are not amortized. Intangible assets with an indefinite useful life are tested for impairment on an annual basis or more frequently if changes in circumstances indicate that the carrying amount may not be recoverable. If the intangible asset is impaired, it is written down to its realizable value with a corresponding expense reflected in the consolidated statements of operations and comprehensive loss.

(n)	Long-term debt and debt issuance costs

The Company’s debt consists of credit facilities with financial institutions and secured and unsecured bonds. Costs directly related to the issuance of debt are reported on the consolidated balance sheets as a reduction from the carrying amount of the recognized debt liability and amortized over the term of the debt using the effective interest method. Interest and related amortization of debt issuance costs recognized during major development and construction projects are capitalized and included in the cost of the project.

(o)	Legal and contingencies

The Company may be involved in legal actions in the ordinary course of business, including governmental and administrative investigations, inquiries and proceedings concerning employment, labor, environmental, and other claims. The Company will recognize a loss contingency in the consolidated financial statements when it is probable a liability has been incurred and the amount of the loss can be reasonably estimated. The Company will disclose any loss contingencies that do not meet both conditions if there is a reasonable possibility that a loss may have been incurred. Gain contingencies are not recorded until realized.

(p)	Revenue recognition

The Company’s primary revenue stream is the sale of LNG or natural gas to its customers, which is presented as Operating revenue in the consolidated statements of operations and comprehensive loss. Natural gas is typically delivered by pipeline into the customer’s power generation facilities, and LNG is typically delivered in containers transported by truck to customer sites. Revenue from sales of natural gas delivered by pipeline to a power generation facility is recognized over time under the output method, as the customer takes control of the natural gas. Revenue from sales of LNG delivered by truck is recognized at the point in time at which physical possession and the risks and rewards of ownership transfer to the customer, either when the containers are shipped or delivered to the customers’ storage facilities, depending on the terms of the contract. Because the nature, timing and uncertainty of revenue and cash flows are substantially the same under both modes of delivery, the Company has presented Operating revenue on an aggregated basis.

The Company has concluded that variable consideration included in these agreements meets the exception for allocating variable consideration. As such, the variable consideration for these contracts is allocated to each distinct unit of LNG or natural gas delivered and recognized when that distinct unit of LNG or natural gas is delivered to the customer.

The Company’s contracts with customers to supply natural gas or LNG may contain a lease of equipment. The Company allocates consideration received from customers between lease and non-lease components based on the relative fair value of each component. The fair value of the lease component is estimated based on the estimated standalone selling price of the same or similar equipment leased to the customer. The Company estimates the fair value of the non-lease component by forecasting volumes and pricing of gas to be delivered to the customer over the lease term.

The leases of certain facilities and equipment to customers are accounted for as direct financing or operating leases. Direct financing leases, net on the consolidated balance sheets represents the minimum lease payments due, net of unearned revenue. The lease payments are segregated into principal and interest components similar to a loan. Unearned revenue is recognized on an effective interest method over the lease term and included in Other revenue in the consolidated statements of operations and comprehensive loss. The principal components of the lease payment are reflected as a reduction to the net investment in the finance lease. For the Company’s operating leases, the amount allocated to the leasing component is recognized over the lease term as Other revenue in the consolidated statements of operations and comprehensive loss.

In addition to the revenue recognized from the leasing components of agreements with customers, Other revenue includes revenue recognized from the construction and installation of equipment to transform customers’ facilities to operate utilizing natural gas or to allow customers to receive power or other outputs from our power generation facilities. Revenue from these development services is recognized over time as the Company transfers control of the asset to the customer, unless the customer is not able to obtain control over asset under construction until such services are completed, in which case, revenue is recognized when the services are completed and the customer has control of the infrastructure. Such agreements may also include a significant financing component, and the Company recognizes revenue for the interest income component over the term of the financing as Other revenue.

Shipping and handling costs are not considered to be separate performance obligations. These costs are recognized in the period in which the costs are incurred and presented within Cost of sales in the consolidated statements of operations and comprehensive loss. All such shipping and handling activities are performed prior to the customer obtaining control of the LNG or natural gas.

The Company collects sales taxes from its customers based on sales of taxable products and remits such collections to the appropriate taxing authority. The Company has elected to present sales tax collections in the consolidated statements of operations and comprehensive loss on a net basis and, accordingly, such taxes are excluded from reported revenues.

The Company elected the practical expedient under which the Company does not adjust consideration for the effects of a significant financing component for those contracts where the Company expects at contract inception that the period between transferring goods to the customer and receiving payment from the customer will be one year or less.

(q)	Loss on mitigation sales

In connection with the purchase of firm cargoes of LNG, if the Company is unable to take physical possession of a portion of the contracted quantity due to capacity limitations, the supplier will attempt to sell the undelivered quantity through a mitigation sale. The Company may incur a loss on a mitigation sale if the supplier is unable to sell the undelivered quantity for a price greater than the contracted price with the Company. Losses incurred due to the Company’s capacity limitations are not indicative of the market value of the LNG purchased from the supplier, and these costs are not related to inventory delivered to the Company’s customers.

During the year ended December 31, 2019, the Company has recognized losses of $5,280 within Loss on mitigation sales in the consolidated statements of operations and comprehensive loss.

(r)	Leases, as lessee

Lease agreements are evaluated to classify the lease as capital or operating leases. When substantially all of the risks and benefits of property ownership have been transferred to the Company, as determined by the test criteria in the current authoritative guidance, the lease is recognized as a capital lease. All other leases are classified as operating leases.

Lease payments under operating leases are recognized in the consolidated statements of operations and comprehensive loss on a straight-line basis over the term of the relevant lease.

(s)	Share-based compensation

In connection with the IPO, the Company adopted the New Fortress Energy LLC 2019 Omnibus Incentive Plan (the “Incentive Plan”), effective as of February 4, 2019. Under the Incentive Plan, the Company may issue options, share appreciation rights, restricted shares, restricted share units (“RSUs”), share bonuses or other share-based awards to selected officers, employees, non-employee directors and select non-employees of NFE or its affiliates. The Company accounts for share-based compensation in accordance with ASC 718, Compensation – Stock Compensation, and ASC 505, Equity, which require all share-based payments to employees and members of the board of directors to be recognized as expense in the consolidated financial statements based on their grant date fair values. The Company has elected not to estimate forfeitures of its share-based compensation awards but will recognize the reversal in compensation expense in the period in which the forfeiture occurs. Upon creation of the Incentive Plan, the Company early adopted ASU 2018-07 (as defined below). See “Note 3(b). Adoption of new and revised standards – New and amended standards adopted by the Company” for additional information related to ASU 2018-07 and “Note 21. Share-based compensation” for additional information related to share-based compensation.

(t)

Taxation

Federal and state income taxes

In conjunction with the closing of the Company’s IPO, New Fortress Energy Holdings contributed all of its interests in consolidated subsidiaries that comprised substantially all of its historical operations to NFI, a partnership for U.S. tax purposes, in exchange for NFI LLC Units. NFE has elected to be taxed as a corporation and is subject to corporate U.S. federal and state income taxes.

The Company accounts for income taxes in accordance with ASC 740, “Accounting for Income Taxes” (“ASC 740”), under which deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts and the tax bases of assets and liabilities by applying the enacted tax rates in effect for the year in which the differences are expected to reverse. Such net tax effects on temporary differences are reflected on the Company’s consolidated balance sheets as deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when the Company believes that it is more-likely-than-not that some portion or all of the deferred tax assets will not be realized.

The Company recognizes the effect of tax positions only if those positions are more likely than not of being sustained. Recognized tax positions are measured at the largest amount that is greater than 50 percent likely of being realized. Conclusions reached regarding tax positions are continually reviewed based on ongoing analyses of tax laws, regulations and interpretations thereof. To the extent that the Company’s assessment of the conclusions reached regarding tax positions changes as a result of the evaluation of new information, such change in estimate will be recorded in the period in which such determination is made. The Company reports interest and penalties relating to an underpayment of income taxes, if applicable, as a component of income tax expense.

Foreign taxes

Certain subsidiaries of the Company are subject to income tax in the local jurisdiction in which they operate; foreign taxes are computed based on the taxable income and the local jurisdictional tax rate.

Other taxes

Certain subsidiaries may be subject to payroll taxes, excise taxes, property taxes, sales and use taxes, as well as income taxes in foreign countries in which they conduct business. In addition, certain subsidiaries are exposed to local state taxes, such as franchise taxes. Local state taxes that are not income taxes are recorded within Other income, net in the consolidated statements of operations and comprehensive loss.

(u)	Net loss per share

Basic net loss per share (“EPS”) is computed by dividing net loss attributable to Class A shares by the weighted average number of Class A shares outstanding during the period following the reorganization. Class B shares represent non-economic interests in the Company, and as such, earnings are not allocated to Class B shares.

Diluted EPS reflects potential dilution and is computed by dividing net loss attributable to Class A shares by the weighted average number of Class A shares outstanding during the period following the reorganization increased by the number of additional Class A shares that would have been outstanding, including NFI LLC Units convertible into Class A shares and unvested RSUs. The dilutive effect of outstanding awards, if any, is reflected in diluted earnings per share by application of the treasury stock method or if-converted method, as applicable. Refer to “Note 20. Earnings per share” for additional information. For the year ended December 31, 2019, there was no potentially dilutive shares outstanding.

Adoption of new and revised standards

12 Months Ended

Dec. 31, 2019

Adoption of new and revised standards [Abstract]

Adoption of new and revised standards

3.	Adoption of new and revised standards

As an “emerging growth company,” the Jumpstart Our Business Startups Act (“JOBS Act”) allows the Company to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. The Company has elected to use this extended transition period under the JOBS Act. The adoption dates discussed below reflect this election.

(a)	New standards, amendments, and interpretations issued but not effective for the financial year beginning January 1, 2019:

In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-02, Leases (“ASC 842”). ASC 842 amends the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheet and making targeted changes to lessor accounting. Entities are also required to provide enhanced disclosure about leasing arrangements.

The Company will adopt the standard effective January 1, 2020 utilizing the modified retrospective transition method to apply the new guidance, which allows the Company to recognize and measure leases upon adoption without modifying the comparative period financial statements.

The Company has determined its plan for election of the practical expedients as permitted under the transition guidance within ASC 842. The Company has decided that it will not elect the package of practical expedients and therefore, as part of transition, the Company will reassess the previous conclusions made under ASC 840 related to the identification of leases, classification of leases, and initial direct costs based on the standards of ASC 842. In connection with the reassessment of previous conclusions, the Company determined that the direct financing lease recognized related to the Montego Bay Terminal would no longer be a lease under ASC 842. The Company expects to recognize a transition adjustment that will remove the unamortized net investment for the direct financing lease and recognize the underlying assets as Property, plant and equipment, net of depreciation that would have been recognized since the commissioning of the Montego Bay Terminal. Upon transition to ASC 842, the Company will recognize payments previously allocated to the leasing component of the gas sales agreement with this customer within Operating revenues in the consolidated statements of operations and comprehensive loss. Under ASC 840, amounts allocated to the leasing component have been recognized on an effective interest method over the lease term with only the portion representing interest income recognized as Other revenues.

The Company will elect the practical expedients that will exempt leases with an initial term of 12 months or less from being recognized on the balance sheet and will carry forward the current accounting treatment for existing land easements. Lease and non-lease components will be combined as a single lease component for most asset classes, with the exception of the Company’s vessel time charters. The Company has not elected the hindsight practical expedient and therefore will not use hindsight to reassess conclusion on lease terms and impairment.

The Company has finalized its evaluation of the existing operating leases and the adoption of ASC 842 will have a material impact on the Company's consolidated balance sheets due to the recognition of significant right-of-use assets and lease liabilities. The right-of-use assets and lease liabilities will be determined based on the present value of the future fixed lease payments, which are materially consistent with the future minimum rental commitments for operating leases, as detailed in Note 23. Additionally, upon adoption port access rights and initial lease costs, as detailed within Note 15, will be reclassified to the right-of-use assets. We are finalizing our incremental borrowing rate methodology that will be used in valuing the right of use assets and operating lease liabilities.

In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Disclosure Framework – Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which requires financial assets measured at amortized cost basis, including trade receivables, to be presented net of the amount expected to be collected. The measurement of all expected credit losses will be based on historical experience, current conditions, and reasonable and supportable forecasts. In October 2019, the FASB voted to approve a proposal to defer the effective date of ASC 2016-13 for certain entities, including emerging growth companies that take advantage of the extended transition period, to fiscal years beginning after December 15, 2022. This proposal would be applicable to the Company. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements and timing of adoption.

In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”), which provides additional guidance to improve the effectiveness of disclosure requirements on fair value measurement. The Company will adopt ASU 2018-13 for the year beginning January 1, 2020. As this guidance is only related to qualitative financial disclosures, it will not have a material impact on the Company’s consolidated financial statements.

In August 2018, the FASB issued ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract, which requires a customer in a cloud computing arrangement that is a service contract to follow the internal-use software guidance in ASC 350-40 to determine which implementation costs to capitalize as assets. A customer’s accounting for the costs of the hosting component of the arrangement is not affected by the new guidance. This ASU is effective for the Company on January 1, 2021, with early adoption permitted. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements and the timing of adoption.

(b)	New and amended standards adopted by the Company:

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASC 606”) which provides a single comprehensive model for recognizing revenue from contracts with customers and supersedes existing revenue recognition guidance. The new standard requires that a company recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration the company expects to receive in exchange for those goods or services. The Company adopted ASC 606 on January 1, 2019 using the modified retrospective method, which required the Company to apply the new revenue standard to (i) all new revenue contracts entered into after January 1, 2019 and (ii) all existing revenue contracts as of January 1, 2019 through a cumulative adjustment to the Company’s retained earnings balance. The adoption of ASC 606 did not have any impact on the Company’s historical retained earnings.

In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”), which makes targeted improvements to the accounting for, and presentation and disclosure of, financial instruments. ASU 2016-01 requires that most equity investments be measured at fair value, with subsequent changes in fair value recognized in net income. ASU 2016-01 does not affect the accounting for investments that would otherwise be consolidated or accounted for under the equity method. The new standard also impacts financial liabilities under the fair value option and the presentation and disclosure requirements for financial instruments. The Company has adopted this guidance for the year beginning January 1, 2019 by recognizing an immaterial adjustment to beginning retained earnings for the net unrealized loss on an equity investment with a readily determinable fair value.

In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, which provides guidance on eight specific cash flow issues with an intention to reduce the existing diversity in practice. The Company has adopted this guidance for the year beginning January 1, 2019, and its adoption did not have a material impact on the Company’s consolidated financial statements.

In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, which requires that statements of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash and restricted cash equivalents. This change is intended to limit the diversity in practice in the treatment of restricted cash in the statement of cash flows. The adoption of this standard resulted in the Company no longer showing the changes in restricted cash balances as a component of cash flows from investing or financing activities but instead including the balances of both current and long-term restricted cash with cash and cash equivalents in total cash, cash equivalents and restricted cash for the beginning and end of the periods presented. The Company has adopted this guidance for the year beginning January 1, 2019.

In February 2018, the FASB issued ASU 2018-02, Income Statement: Reporting Comprehensive Income (Topic 220) which allows a reclassification from accumulated other comprehensive income (loss) to retained earnings for tax effects resulting from the comprehensive tax legislation enacted by the U.S. government commonly referred to as the Tax Cuts and Jobs Act. The Company has adopted this guidance for the year beginning January 1, 2019. The Company had no tax impacts recorded in accumulated other comprehensive income (loss) prior to adoption of the standard, and therefore adoption of the standard had no impact on the Company’s consolidated financial statements.

In September 2018, the FASB issued ASU 2018-07, Compensation - Stock Compensation Improvements to Non-employee Share-Based Payment Accounting (“ASU 2018-07”), which simplifies the accounting for share-based payments granted to non-employees for goods and services. Under ASU 2018-07, most of the guidance on such payments to non-employees will be aligned with the requirements for share-based payments granted to employees. The Company has early adopted ASU 2018-07 upon inception of the Incentive Plan, and its adoption did not have a material impact on the Company’s consolidated financial statements.

Revenue from contracts with customers

12 Months Ended

Dec. 31, 2019

Revenue from contracts with customers [Abstract]

Revenue from contracts with customers

4.	Revenue from contracts with customers

Revenue recognized in the Company’s consolidated statements of operations and comprehensive loss for the year ended December 31, 2019 and any associated balances on the consolidated balance sheet as of December 31, 2019 prepared under ASC 606 did not differ materially from what would have been presented under the previous revenue standard. As such, no comparison for the results of operations for the year ended December 31, 2019 and the financial position as of December 31, 2019 under ASC 606 and ASC 605 has been presented.

Under most customer contracts, invoicing occurs once the Company’s performance obligations have been satisfied, at which point payment is unconditional. Receivables related to revenue from contracts with customers totaled $30,563 as of December 31, 2019 and were included in Receivables, net on the consolidated balance sheets, net of the allowance for doubtful accounts. Other items included in Receivables, net not related to revenue from contracts with customers represent receivables associated with leases which are accounted for outside the scope of ASC 606.

During the year ended December 31, 2019, the Company recognized a contract liability of $6,542. The contract liability balance is comprised of unconditional payments due under the contract with a customer prior to the Company’s satisfaction of the related performance obligations. The performance obligations are expected to be recognized during the next 12 months, and the contract liability is classified within Other current liabilities on the consolidated balance sheets. During the year ended December 31, 2019, the Company recognized a contract asset of $23,261. The contract asset is comprised of the transaction price allocated to completed performance obligations that will be billed to customers in subsequent periods, and $3,787 is presented within Other current assets and $19,474 is presented within Other non-current assets based on the timing of the expected billing to the customer. Contract assets or liabilities have not been previously recognized, and as such, there are no other changes to contract balances within the current period.

The Company began to recognize revenue for development services revenue during the year ended December 31, 2019 within Other revenue in the consolidated statements of operations and comprehensive loss. Costs recognized within Cost of sales associated with development services were $24,228 for the year ended December 31, 2019. The table below summarizes the balances in Other revenue:

	Year Ended December 31,
	2019		2018		2017
Other Revenue
Development services revenue	$	27,308	$	-	$	-
Lease related revenue		16,317		15,395		15,158
Total other revenue	$	43,625	$	15,395	$	15,158

Transaction price allocated to remaining performance obligations

Some of the Company’s contracts are short-term in nature with a contract term of less than a year. The Company applied the optional exemption not to disclose any transaction price allocated to unfulfilled performance obligations related to these contracts.

The Company has arrangements in which LNG or natural gas is sold on a “take-or-pay” basis whereby the customer is obligated to pay for the minimum guaranteed volumes even if the customer does not take delivery. The price under these agreements is based on a market index plus a fixed margin. The fixed transaction price allocated to the remaining performance obligations under these arrangements is $3,101,185 as of December 31, 2019, representing the fixed margin multiplied by the outstanding minimum guaranteed volumes. The Company expects to recognize this revenue over the following time periods, and the pattern of recognition reflects the minimum guaranteed volumes in each period:

Period	Revenue
2020	$	185,272
2021		170,494
2022		168,960
2023		168,202
2024		167,445
Thereafter		2,240,812
Total	$	3,101,185

For all other sales contracts that have a term exceeding one year, the Company has elected the practical expedient in ASC 606 under which the Company does not disclose the transaction price allocated to remaining performance obligations if the variable consideration is allocated entirely to a wholly unsatisfied performance obligation. For these excluded contracts, the sources of variability are (a) the fluctuating market index prices of natural gas used to price the contracts, and (b) the variation in volumes that may be delivered to the customer. Both sources of variability are expected to be resolved at or shortly before delivery of each unit of LNG or natural gas. As each unit of LNG or natural gas represents a separate performance obligation, future volumes are wholly unsatisfied.

During the year ended December 31, 2019, the Company began to incur costs to fulfill a contract with a significant customer. These costs primarily consist of expenditures required to enhance resources to deliver under the agreement with the customer. As of December 31, 2019, the Company has capitalized $8,839, of which $331 of these costs is presented within Other current assets and $8,508 is presented within Other non-current assets on the consolidated balance sheets. These costs will be recognized over the expected customer life, beginning when the Company begins to deliver under the contract.

Acquisition

12 Months Ended

Dec. 31, 2019

Acquisition [Abstract]

Acquisition

5.	Acquisition

On November 9, 2018, the Company entered into an agreement to acquire the share capital of Shannon LNG Limited (“SLNG”) and Shannon LNG Energy Limited (“LNG Energy,” and, together with SLNG, “Shannon LNG”) in a transaction accounted for as an asset acquisition. On the same date, the Company acquired the Class A shares of Shannon LNG, representing a controlling financial interest. Shannon LNG was previously formed to acquire and develop assets comprising permissions, rights, licenses, leases, and other entitlements which would be used to construct and operate a terminal, pipeline, and related infrastructure, to import, process and deliver natural gas to downstream customers in Ireland.

As of the date of acquisition, construction of the planned infrastructure had not commenced and the primary assets of Shannon LNG were comprised of land, wayleaves, and permits that would allow for future development. The purchase agreement required the Company to pay the following amounts:

	November 9, 2018
Cash⁽¹⁾	$	3,435
Contingent consideration⁽²⁾		9,835
Equity Agreement⁽³⁾		16,924
Transaction costs		593
Non-controlling interest		14,446
Total consideration	$	45,233

(1)

Cash inclusive of repayment of Shannon LNG’s liabilities equal to approximately $2,857.

(2)

Consideration due to sellers once the first gas is exported from the terminal to be built.

(3)

To be paid in shares at the earlier of agreed-upon date in 2020 or the commencement of significant construction activities specified in the Shannon LNG Agreement.

The contingent consideration meets the definition of a derivative under ASC 815, Derivatives and Hedging. See Note 6 for more detail; the contingent consideration is recognized in Other long-term liabilities on the consolidated balance sheets as of December 31, 2019 and 2018. The Equity Agreement is an unconditional obligation and is recognized in Other current liabilities on the consolidated balance sheets as of December 31, 2019 and 2018.

The purchase agreement included put and call options to allow or require the Company to acquire the remaining ownership interest of Shannon LNG. The options were deemed to be embedded equity-linked instruments within the non-controlling interest that is recognized within permanent equity. The fair value of the non-controlling interest was estimated to be $14,446 based on the strike price of the call and put options.

The assets acquired in connection with the acquisition were recorded by the Company at their estimated relative fair values as follows:

	November 9, 2018		Useful life (Yrs)
Assets
Land	$	851	Indefinite life
Rights of way		1,191	Indefinite life
Intangible assets – favorable lease agreements		244		91
Intangible assets – permits		42,947		40
Total assets acquired	$	45,233

Fair value

12 Months Ended

Dec. 31, 2019

Fair value [Abstract]

Fair value

6.	Fair value

Fair value measurements and disclosures require the use of valuation techniques to measure fair value that maximize the use of observable inputs and minimize use of unobservable inputs. These inputs are prioritized as follows:

•	Level 1 – observable inputs such as quoted prices in active markets for identical assets or liabilities.

•	Level 2 – inputs other than quoted prices included within Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities or market corroborated inputs.

•	Level 3 – unobservable inputs for which there is little or no market data and which require the Company to develop its own assumptions about how market participants price the asset or liability.

The valuation techniques that may be used to measure fair value are as follows:

•	Market approach – uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities.

•	Income approach – uses valuation techniques, such as the discounted cash flow technique, to convert future amounts to a single present amount based on current market expectations about those future amounts.

•	Cost approach – based on the amount that currently would be required to replace the service capacity of an asset (replacement cost).

The following table presents the Company’s financial assets and financial liabilities that are measured at fair value as of December 31, 2019 and 2018:

	December 31, 2019
	Level 1		Level 2		Level 3		Total		Valuation technique
Assets
Cash and cash equivalents	$	27,098	$	-	$	-	$	27,098	Market approach
Restricted cash		65,937		-		-		65,937	Market approach
Investment in equity securities		2,540		-		-		2,540	Market approach
Total	$	95,575	$	-	$	-	$	95,575

Liabilities
Derivative liability¹	$	-	$	-	$	9,800	$	9,800	Income approach
Equity agreement²		-		-		16,800		16,800	Income approach
Total	$	-	$	-	$	26,600	$	26,600

	December 31, 2018
	Level 1		Level 2		Level 3		Total		Valuation technique
Assets
Cash and cash equivalents	$	78,301	$	-	$	-	$	78,301	Market approach
Restricted cash		22,552		-		-		22,552	Market approach
Investment in equity securities		3,656		-		-		3,656	Market approach
Total	$	104,509	$	-	$	-	$	104,509

Liabilities
Derivative liability¹	$	-	$	-	$	9,835	$	9,835	Income approach
Equity agreement²		-		-		16,924		16,924	Income approach
Total	$	-	$	-	$	26,759	$	26,759

⁽¹⁾	Consideration due to the sellers of Shannon LNG once first gas is supplied from the terminal to be built.

⁽²⁾	To be paid in shares at the earlier of agreed-upon date or the commencement of significant construction activities specified in the Shannon LNG Agreement.

The Company estimates fair value of the derivative liability and equity agreement using a discounted cash flows method with discount rates based on the average yield curve for bonds with similar credit ratings and matching terms to the discount periods as well as a probability of the contingent event occurring. The Company recorded a loss from fair value adjustments on the derivative liability and equity agreement of $121 and $0 within Other income, net in the consolidated statements of operations and a gain of $280 and $0 within unrealized gain on currency translation adjustment in the Other comprehensive loss for the year ended December 31, 2019 and 2018, respectively. During the year ended December 31, 2019 and 2018, the Company had no settlements of the equity agreement or derivative liability or any transfers in or out of Level 3 in the fair value hierarchy.

The Company estimates fair value of outstanding debt using a discounted cash flow method based on current market interest rates for debt issuances with similar remaining years to maturity and adjusted for credit risk. The Company has estimated that the carrying value for each of the Term Loan Facility, Senior Secured Bonds, and Senior Unsecured Bonds (all defined below in “Note 17. Debt”) approximate fair value. The fair value estimate is classified as Level 3 in the fair value hierarchy.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Restricted cash

12 Months Ended

Dec. 31, 2019

Restricted cash [Abstract]

Restricted cash

7.	Restricted cash

As of December 31, 2019 and 2018, restricted cash consisted of the following:

	December 31, 2019		December 31, 2018
Collateral for performance under customer agreements	$	15,000	$	15,095
Collateral for LNG purchases		35,000		927
Collateral for letters of credit and performance bonds		7,388		6,238
Debt service reserve account		8,299		-
Other restricted cash		250		292
Total restricted cash	$	65,937	$	22,552
Current restricted cash	$	30,966	$	30
Non-current restricted cash		34,971		22,522

Inventory

12 Months Ended

Dec. 31, 2019

Inventory [Abstract]

Inventory

As of December 31, 2019 and 2018, inventory consisted of the following:

	December 31, 2019		December 31, 2018
LNG and natural gas inventory	$	57,436	$	15,611
ADO inventory		4,746		-
Materials, supplies and other		1,250		348
Total inventory	$	63,432	$	15,959

Inventory is adjusted to the lower of cost or net realizable value each quarter. Changes in the value of inventory are recorded within Cost of sales in the consolidated statements of operations and comprehensive loss. The Company recorded an adjustment to the value of inventory of $251 during the year ended December 31, 2019. No adjustments were recorded during the years ended December 31, 2018, and 2017.

Prepaid expenses and other current assets

12 Months Ended

Dec. 31, 2019

Prepaid expenses and other current assets [Abstract]

Prepaid expenses and other current assets

9.	Prepaid expenses and other current assets

As of December 31, 2019 and 2018, prepaid expenses and other current assets consisted of the following:

	December 31, 2019		December 31, 2018
Prepaid expenses	$	7,458	$	2,169
Prepaid LNG		7,097		16,170
Due from affiliates (Note 24)		1,577		890
Other current assets		22,520		10,788
Total prepaid expenses and other current assets	$	38,652	$	30,017

Other current assets as of December 31, 2019 primarily consists of capitalized costs associated with delivering development services to a customer and receivables for recoverable taxes. Other current assets as of December 31, 2018 primarily consists of IPO issuance costs incurred which were netted against issuance proceeds upon completion of the IPO.

Investment in equity securities

12 Months Ended

Dec. 31, 2019

Investment in equity securities [Abstract]

Investment in equity securities

10.	Investment in equity securities

The Company has invested in equity securities of an international oil and gas drilling contractor. The following tables present the number of shares, cost and fair value of the investment:

	December 31, 2019
(in thousands of U.S. dollars except shares)	Number of Shares		Cost		Fair value
Investment in equity securities¹		295,256	$	3,667	$	2,540

¹During the year ended December 31, 2019, the investee effected a 5-for-1 reverse stock split.

	December 31, 2018
(in thousands of U.S. dollars except shares)	Number of Shares		Cost		Fair value
Investment in equity securities		1,476,280	$	3,667	$	3,656

The movement in the value of the equity investment during the years ended December 31, 2019 and 2018 is summarized below:

	December 31, 2019			December 31, 2018
Beginning of period	$	3,656		$	6,333
Unrealized loss		(1,116	)		(2,677	)
End of period	$	2,540		$	3,656

The unrealized loss of $1,116 for the year ended December 31, 2019 is included within Other income, net in the consolidated statements of operations and comprehensive loss. The unrealized loss of $2,677 for the year ended December 31, 2018 was included within unrealized loss on available-for-sale investment in the Other comprehensive loss.

Construction in progress

12 Months Ended

Dec. 31, 2019

Construction in Progress [Abstract]

Construction in progress

11.	Construction in progress

The Company’s construction in progress activity during the years ended December 31, 2019 and 2018 is detailed below:

	December 31, 2019			December 31, 2018
Balance at beginning of period	$	254,700		$	35,413
Additions		315,188			224,871
Transferred to property, plant and equipment, net (Note 12)		(103,301	)		(5,584	)
Balance at end of period	$	466,587		$	254,700

Interest expense of $25,172, $1,732 and $0 was capitalized for the year ended December 31, 2019, 2018 and 2017, respectively, inclusive of amortized debt issuance costs disclosed in “Note 17. Debt.”

Property, plant and equipment, net

12 Months Ended

Dec. 31, 2019

Property, plant and equipment, net [Abstract]

Property, plant and equipment, net

12.	Property, plant and equipment, net

As of December 31, 2019 and 2018, the Company’s property, plant and equipment, net consisted of the following:

	December 31, 2019			December 31, 2018
LNG liquefaction facilities	$	66,273		$	65,631
Gas terminals		52,781			-
Gas pipelines		11,692			-
ISO containers and other equipment		54,932			17,792
Land		15,401			12,779
Leasehold improvements		8,054			7,229
Accumulated depreciation		(16,911	)		(9,391	)
Total property, plant and equipment, net	$	192,222		$	94,040

Depreciation for years ended December 31, 2019, 2018, and 2017 totaled $7,527, $3,900, and $3,214, respectively, of which $701, $713, and $453, respectively, is included within Cost of sales in the consolidated statements of operations and comprehensive loss.

Intangible assets, net

12 Months Ended

Dec. 31, 2019

Intangible assets, net [Abstract]

Intangible assets, net

13.	Intangible assets, net

The following table summarizes the composition of intangible assets:

	December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Shannon LNG leases and permits	$	42,157	$	1,198	$	40,959		40
Easements		1,559		139		1,420		30

Indefinite-lived intangible assets
Easements		1,161		-		1,161		n/a
Total intangible assets	$	44,877	$	1,337	$	43,540

	December 31, 2018
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Shannon LNG leases and permits	$	43,191	$	134	$	43,057		40
Total intangible assets	$	43,191	$	134	$	43,057

As of December 31, 2019, the weighted average remaining amortization periods for the intangible assets is 38.8 years.

Amortization for the years ended December 31, 2019 and 2018 totaled $1,114 and $134, respectively. The estimated aggregate amortization expense for each of the next five years is:

Year ending December 31:
2020	$	1,116
2021		1,116
2022		1,116
2023		1,116
2024		1,116
Thereafter		36,799
Total	$	42,379

Finance leases, net

12 Months Ended

Dec. 31, 2019

Finance leases, net [Abstract]

Finance leases, net

14.	Finance leases, net

The Company placed its storage and regasification LNG terminal in Montego Bay, Jamaica into service on October 30, 2016, which has been accounted for as a direct financing lease. In addition, the Company has also entered into other arrangements to lease equipment to customers which are accounted for as direct financing leases. The components of the direct financing leases as of December 31, 2019 and 2018 are as follows:

	December 31, 2019			December 31, 2018
Finance leases	$	290,947		$	306,832
Unearned income		(198,691	)		(213,682	)
Total finance leases, net	$	92,256		$	93,150
Current portion	$	1,082		$	943
Non-current		91,174			92,207

Receivables related to the Company’s direct financing leases are primarily with a national utility that generates consistent cash flow. Therefore, the Company does not expect a material impact to the results of operations or financial position due to nonperformance from such counterparty.

As of December 31, 2019, future minimum lease payments to be received under direct financing leases for the remainder of the respective lease terms is as follows:

Year ending December 31:
2020	$	15,986
2021		15,946
2022		15,941
2023		15,947
2024		15,990
Thereafter		211,137
Total	$	290,947

Other non-current assets

12 Months Ended

Dec. 31, 2019

Other non-current assets [Abstract]

Other non-current assets

15.	Other non-current assets

As of December 31, 2019 and 2018, other non-current assets consisted of the following:

	December 31, 2019		December 31, 2018
Port access rights and initial lease costs	$	17,762	$	21,871
Nonrefundable deposit		22,262		10,810
Upfront payments to customers		5,904		-
Contract asset (Note 4)		19,474		-
Cost to fulfill (Note 4)		8,508		-
Other		7,716		2,574
Total other non-current assets	$	81,626	$	35,255

Port access rights related to the Company’s port lease in Baja California Sur, Mexico, represent upfront payments to enter the lease and are amortized straight-line over the lease term as additional rent expense. Initial lease costs represent payments made to previous lessees to secure the Company’s port lease in San Juan, Puerto Rico and are also amortized straight-line over the lease term. Nonrefundable deposits are primarily related to deposits for planned land purchases in Ireland and Pennsylvania.

Upfront payments to customers consist of amounts the Company has paid in relation to two natural gas sales contracts with customers to construct fuel-delivery infrastructure that the customers will own.

Accrued liabilities

12 Months Ended

Dec. 31, 2019

Accrued liabilities [Abstract]

Accrued liabilities

16.	Accrued liabilities

As of December 31, 2019 and 2018, accrued liabilities consisted of the following:

	December 31, 2019		December 31, 2018
Accrued construction costs	$	25,037	$	41,343
Accrued IPO costs		-		5,296
Accrued bonuses		14,991		12,582
Other accrued expenses		14,915		8,291
Total accrued liabilities	$	54,943	$	67,512

Debt

12 Months Ended

Dec. 31, 2019

Debt [Abstract]

Debt

17.

Debt

As of December 31, 2019 and 2018, debt consisted of the following:

	December 31, 2019		December 31, 2018
Term Loan Facility, due January 21, 2020	$	495,000	$	272,192
Senior Secured Bonds, due September 2034		70,960		-
Senior Secured Bonds, due December 2034		10,823		-
Senior Unsecured Bonds, due September 2036		42,274		-
Total debt	$	619,057	$	272,192
Current portion of debt	$	-	$	272,192
Non-current portion of debt		619,057		-

Term Loan Facility

On August 16, 2018, the Company entered into a credit agreement with a syndicate of two lenders to borrow up to an aggregate principal amount of $240,000, and proceeds received from this credit agreement were utilized to repay prior debt facilities. On December 31, 2018, the Company amended this credit agreement to increase the available borrowing principal amount to $500,000 (as amended, the “Term Loan Facility”), and as of December 31, 2018, the Company had an outstanding principal balance of $280,000 under the Term Loan Facility. On March 21, 2019, the Company drew an additional $220,000, bringing the Company’s total outstanding borrowings to $500,000 under the Term Loan Facility.

All borrowings under the Term Loan Facility bore interest at a rate selected by the Company of either (i) LIBOR divided by one minus the applicable reserve requirement plus a spread of 4% or (ii) subject to a floor of 1%, a Base Rate equal to the higher of (a) the Prime Rate, (b) the Federal Funds Rate plus 1/2 of 1% or (c) the 1-month LIBOR rate plus 1.00% plus a spread of 3.0%. The Term Loan Facility was repayable in quarterly installments of $1,250, with a balloon payment due at maturity.

The Term Loan Facility was secured by mortgages on certain properties owned by the Company’s subsidiaries, in addition to other collateral. The Term Loan Facility was amended in the third quarter of 2019 to allow certain properties of a consolidated subsidiary to secure the Senior Secured Bonds (defined below). The Company was required to comply with certain financial covenants and other restrictive covenants customary for facilities of this type, including restrictions on indebtedness, liens, acquisitions and investments, restricted payments, and dispositions. The Term Loan Facility also provided for customary events of default, prepayment, and cure provisions.

In connection with obtaining the Term Loan Facility and the extinguishment of the Company’s prior debt facilities, the Company paid $22,422 in origination and other fees. A portion of refinanced borrowings and associated fees were accounted for as a debt modification, while the remaining refinanced borrowings and associated were accounted for as a debt extinguishment. As such, the Company also recognized a Loss on extinguishment of debt of $9,568 in the consolidated statements of operations and comprehensive loss, including the write-off $2,820 of unamortized deferred financing costs and $6,380 of financing fees incurred in connection with the amendment of the Term Loan Facility; the remaining loss on extinguishment was due to unamortized deferred financing costs and other fees incurred in conjunction with the repayment of prior debt facilities. Of the fees incurred, the Company recognized $9,746 as a reduction of the principal balance on the consolidated balance sheets. As of December 31, 2018, the remaining unamortized deferred financing costs were $7,808. In 2019, the Company paid $4,400 of additional fees in connection with the $220,000 draw on the Term Loan Facility. These fees were capitalized as a reduction to the Term Loan Facility on the consolidated balance sheets, and all deferred financing costs associated with the Term Loan Facility were amortized over the term of the Term Loan Facility, through December 31, 2019. As such, there were no unamortized deferred financing costs as of December 31, 2019.

The Term Loan Facility had a maturity date of December 31, 2019, with an option to extend the maturity date for two additional six-month periods. Upon the exercise of each extension option, the Company would pay a fee equal to 1.0% of the outstanding principal balance at the time of the exercise and the spread on LIBOR and Base Rate would increase by 0.5%. On December 30, 2019, the Company entered into an amendment with the lenders to extend the maturity to January 21, 2020; no fees were due to lenders from the execution of this amendment. Prior to this new maturity date, the Company repaid the full amount outstanding using proceeds from the Credit Agreement (as defined in Note 27 below) to extinguish the Term Loan Facility. The Credit Agreement matures in January 2023, and as the borrowings under the Credit Agreement are long term in nature, the outstanding principal balance of the Term Loan Facility as of December 31, 2019 has been presented as a non-current liability.

South Power Bonds

On September 2, 2019, NFE South Power Holdings Limited (“South Power”), a consolidated subsidiary of the Company, entered into a facility for the issuance of secured and unsecured bonds (the “Senior Secured Bonds” and “Senior Unsecured Bonds”, respectively) and subsequently issued $73,317 and $43,683 in Senior Secured Bonds and Senior Unsecured Bonds, respectively. The Senior Secured Bonds are secured by the dual-fired combined heat and power facility in Clarendon, Jamaica (the “CHP Plant”) and related receivables and assets, and the proceeds will be used to fund the completion of the CHP Plant and to reimburse shareholder advances. In the fourth quarter of 2019, South Power issued an additional $63,000 in Senior Secured Bonds. The Company received $10,856 of the proceeds in 2019 and received the remaining proceeds of $52,144 in January 2020.

The Senior Secured Bonds bear interest at an annual fixed rate of 8.25% and will mature 15 years from the closing date of each issuance. No principal payments will be due for the first seven years. After seven years, quarterly principal payments of approximately 1.6% of the original principal amount will be due with a 50% balloon payment due upon maturity. Interest payments on outstanding principal balances will be due quarterly.

The Senior Unsecured Bonds bear interest at an annual fixed rate of 11.00% and will mature in September 2036. No principal payments will be due for the first nine years. Beginning in 2028, principal payments will be due quarterly on an escalating schedule. Interest payments on outstanding principal balances will be due quarterly.

South Power will be required to comply with certain financial covenants as well as customary affirmative and negative covenants, including limitations on incurring additional indebtedness. The facility also provides for customary events of default, prepayment, and cure provisions.

The Company paid approximately $3,892 of fees in connection with the issuance of Senior Secured Bonds and Senior Unsecured Bonds. These fees were capitalized on a pro-rata basis as a reduction of the Senior Secured Bonds and Senior Unsecured Bonds on the consolidated balance sheets. The total unamortized deferred financing costs as of December 31, 2019 was $3,799.

Under the terms of the facility, South Power is required to maintain a Debt Service Reserve Account (as defined in the facility) in the amount of $8,299. Such amount is included as a component of Restricted cash on the Company’s consolidated balance sheets (see Note 7).

Interest Expense

Interest and related amortization of debt issuance costs recognized during major development and construction projects are capitalized and included in the cost of the project. Interest expense, net of amounts capitalized, recognized for the year ended December 31, 2019, 2018, and 2017 consisted of the following:

	Year ended December 31,
	2019		2018		2017
Interest per contractual rates	$	32,283	$	9,363	$	5,760
Amortization of debt issuance costs		12,301		3,617		696
Total interest costs		44,584		12,980		6,456
Capitalized interest		25,172		1,732		-
Total interest expense	$	19,412	$	11,248	$	6,456

Income taxes

12 Months Ended

Dec. 31, 2019

Income taxes [Abstract]

Income taxes

18.	Income taxes

In connection with the IPO, NFE contributed the net proceeds from the IPO to NFI in exchange for NFI LLC Units, and NFE became the managing member of NFI. NFI is a limited liability company that is treated as a partnership for U.S. federal income tax purposes and for most applicable state and local income tax purposes. As a partnership, NFI is not subject to U.S. federal and certain state and local income taxes. Any taxable income or loss generated by NFI is passed through to and included in the taxable income or loss of its members, including NFE, on a pro rata basis, subject to applicable tax regulations. NFE is subject to U.S. federal income taxes, in addition to state and local income taxes, with respect to its allocable share of any taxable income or loss of NFI. Additionally, NFI and its subsidiaries are subject to income taxes in the various foreign jurisdictions in which they operate.

In connection with the IPO, NFE recorded a deferred tax asset of $42,783 related to the difference between its tax basis in its investment in NFI and NFE’s share of the financial statement carrying amount of the net assets of NFI. The deferred tax asset was recorded to equity and is fully offset by a valuation allowance also recorded to equity.

The components of the Company's loss before income taxes for the years ended December 31, 2019, 2018, and 2017 were as follows:

	Year Ended December 31,
	2019			2018			2017
United States	$	(194,481	)	$	(74,873	)	$	(32,647	)
Foreign		(9,399	)		(3,647	)		1,502
Loss before taxes	$	(203,880	)	$	(78,520	)	$	(31,145	)

Income tax expense (benefit) is comprised of the following for the years ended December 31, 2019, 2018, and 2017:

	Year Ended December 31,
	2019		2018			2017
Current:
Domestic	$	-	$	-		$	-
Foreign		47		7			5
Total current tax expense		47		7			5
Deferred:
Domestic		-		-			-
Foreign		392		(345	)		521
Total deferred tax expense (benefit)		392		(345	)		521
Total provision for (benefit from) income taxes	$	439	$	(338	)	$	526

Prior to the IPO, the income tax expense (benefit) was primarily due to foreign taxes. Subsequent to the IPO, federal income taxes were also provided related to the Company’s allocable share of income (losses) from NFI at the prevailing U.S. federal, state, and local corporate income tax rates. As New Fortress Energy Holdings, NFE's predecessor for accounting purposes, was organized as a partnership for U.S. tax purposes, no United States federal income taxes were incurred in the years ended December 31, 2018 and 2017.

Effective Tax Rate

A reconciliation of the U.S. federal statutory income tax rate to the Company’s effective tax rate is as follows:

	Year Ended December 31,
	2019			2018			2017
Income tax at the statutory rate		21.0	%		-			-
Foreign tax rate differential		0.8	%		0.4	%		(1.7	%)
Foreign tax on foreign operations		2.9	%		-			-
Foreign permanent adjustments		5.0	%		-			-
Income attributable to non-controlling interest		(18.2	%)		-			-
Domestic valuation allowance		(2.1	%)		-			-
Foreign valuation allowance		(10.8	%)		-			-
Other		1.2	%		-			-
Effective income tax rate		(0.2	%)		0.4	%		(1.7	%)

The primary items which decreased the Company’s effective income tax rate from the federal statutory rate in 2019 were increases in domestic and foreign valuation allowances and income attributable to non-controlling interests.

During the years ended December 31, 2019, 2018, and 2017, the Company did not have any unrecognized tax benefits.

The following table summarizes the changes in the Company’s valuation allowance on deferred tax assets for the period indicated for the years ended December 31, 2019 and 2018:

	Year Ended December 31,
	2019		2018
Balance at the beginning of the period	$	241	$	-
Increase recognized in the statement of operations		80,670		241
Balance at the end of the period	$	80,911	$	241

The tax effect of each type of temporary difference and carryforward that give rise to a significant deferred tax asset or liability as of December 31, 2019, 2018, and 2017, are as follows:

	Year Ended December 31,
	2019			2018
Deferred tax assets:
Investment in NFI	$	46,185		$	-
Accrued interest		14,047			3,181
Federal and state net operating loss carryforward		3,215			-
Foreign net operating loss carryforward		19,713			4,824
Share-based compensation		8,958			-
Other		406			-
Total deferred tax assets		92,524			8,005
Valuation allowance		(80,911	)		(241	)
Deferred tax assets, net of valuation allowance		11,613			7,764

Deferred tax liabilities:
Property and equipment		(11,820	)		(7,579	)
Total deferred tax liabilities		(11,820	)		(7,579	)
Net deferred tax (liabilities) assets	$	(207	)	$	185

On December 22, 2017, the Tax Cuts and Jobs Act (the "Tax Act") was enacted into law. The Tax Act includes significant changes to the U.S. corporate income tax structure, including a federal corporate rate reduction from 35% to 21% effective January 1, 2018, limitations on the deductibility of interest expense, establishing a deduction for foreign-derived intangible income (“FDII”), creation of new minimum taxing regimes such as the Base Erosion and Anti-abuse Tax ("BEAT") and the Global Intangible Low Taxed Income ("GILTI") tax. Because of the company's overall loss position and deferred tax asset valuation allowance, the above mentioned items have not had a material impact to the financial statements.

U.S. Federal and State Jurisdictions

The Company and its subsidiaries file income tax returns in the U.S. federal and various state and local jurisdictions. The Company is not currently under income tax examination in any jurisdiction, and NFE will file its first corporate U.S. federal and state income tax returns for the period ended December 31, 2019. NFI is taxed as a U.S. partnership and controls the underlying operations, thus the tax effects of temporary differences are captured within the net deferred tax asset for the investment in the partnership.

As of December 31, 2019, NFE has approximately $14,549 of federal and $4,529 of state net operating loss carry forwards. The federal net operating losses are generally allowed to be carried forward indefinitely and can offset up to 80 percent of future taxable income. The state net operating losses relate to Florida and are generally allowed to be carried forward indefinitely.

NFE recorded a valuation allowance against its U.S. federal and state deferred tax assets to reduce the net carrying value to an amount that it believes is more likely than not to be realized. As of December 31, 2019, the Company concluded, based on the weight of all available positive and negative evidence, those deferred tax assets are not more likely than not to be realized and accordingly, a valuation allowance has been recorded on this deferred tax asset as of December 31, 2019 for the amount not supported by reversing taxable temporary differences.

Foreign Jurisdictions

NFI’s foreign subsidiaries file income tax returns in certain foreign jurisdictions. As of December 31, 2019, NFI’s foreign subsidiaries have approximately $70,932 of net operating loss carry forwards. Net operating losses of $60,699 incurred in Jamaica are generally allowed to be carried forward indefinitely. Net operating loss carryforwards of $6,287 incurred in Puerto Rico and Mexico will expire, if unused, between 2028 and 2029. Net operating loss carryforwards of $3,946 incurred in Ireland are generally allowed to be carried forward indefinitely. The Company recorded a valuation allowance against foreign deferred tax assets to reduce the net carrying value to an amount that it believes is more likely than not to be realized.

The Company has subsidiaries incorporated in Bermuda. Under current Bermuda law, the Company is not required to pay taxes in Bermuda on either income or capital gains. The Company has received an undertaking from the Bermuda government that, in the event of income or capital gain taxes being imposed, it will be exempted from such taxes until the period 2035.

Commitments and contingencies

12 Months Ended

Dec. 31, 2019

Commitments and contingencies [Abstract]

Commitments and contingencies

19.	Commitments and contingencies

In conjunction with its principal business activities, the Company enters into various firm commitments for the purchase, production, and transportation of LNG and natural gas. The estimated future cash payments related to outstanding contractual commitments, at market prices as of December 31, 2019, is summarized as follows:

	2020		2021		2022		2023			2024+
LNG inventory purchases	$	276,904	$	224,872	$	-	$	-	$	-
Gas inventory purchases		8,714		6,213		6,205		6,271		12,196

LNG and natural gas purchases

The future cash payments summarized above represent the Company’s minimum firm purchase commitments as of December 31, 2019. The 2020 commitment for LNG inventory purchases excludes the $7,097 prepaid balance as of December 31, 2019. The amounts disclosed above represent the commitment to purchase 25 firm cargoes representing approximately 875.5 million gallons of LNG (72.4 million MMBtu).

As of December 31, 2019, the Company was a party to contractual purchase commitments for feedgas with remaining terms of up to 5 years. These commitments are designed to assure sources of supply and are not expected to be in excess of normal requirements. For agreements for supply where there is an active market, such agreements qualify for and the Company has elected the normal purchase exception under the derivatives guidance; therefore, the purchases under these contracts are included in Inventory and Cost of sales as incurred.

In February 2020, the Company signed a long-term supply agreement for the purchase of 27.5 TBtu per year of LNG. The purchases will take place between 2022 and 2030, and commitments related to this agreement are not included in the table above.

The Company’s lease obligations are discussed in Note 23, Leases, as lessee.

Contingencies

During 2017, the Company paid $1,204 of tangible personal property tax levied in the State of Florida in respect to the Company’s LNG Plant in Hialeah, Florida and subsequently initiated legal proceedings to challenge the tax amount for a full or partial rebate. The Company successfully challenged the tax amount and received a full rebate. The State of Florida appealed the determination and the Company repaid the rebate amount in order to avoid penalties and charges while the appeal is under consideration. Additionally, in 2018, the Company paid $1,033 of tangible personal property taxes to the State of Florida with respect to the same LNG plant. The Company initiated legal proceedings to challenge the tax amount for a partial rebate and received a rebate of approximately $140. The State of Florida appealed the determination, and the Company repaid the rebate amount to avoid penalties and charges while the appeal was under consideration.

In 2019, the Company settled both cases with the State of Florida and expects to receive an estimated refund in the amount of $488, net of legal fees contingent upon the recovery of these property taxes. The refund will be recognized as a gain contingency when the cash is received.

Earnings per share

12 Months Ended

Dec. 31, 2019

Earnings per share [Abstract]

Earnings per share

20.	Earnings per share

	Year Ended December 31, 2019
Numerator:
Net loss	$	(204,319	)
Less: net loss attributable to non-controlling interests		170,510
Net loss attributable to Class A shares	$	(33,809	)
Denominator:
Weighted-average shares-basic and diluted		20,862,555

Net loss per share - basic and diluted	$	(1.62	)

In connection with the IPO, New Fortress Energy Holdings, the Company’s predecessor, effected a one-for-2.16 share split of its issued and outstanding common shares, resulting in 147,058,824 common shares. Upon the reorganization, New Fortress Energy Holdings obtained the same number of Class B shares in NFE. Class B shares do not share in the earnings or losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted net loss per share for Class B shares under the two-class method has not been presented.

The following table presents potentially dilutive securities excluded from the computation of diluted net loss per share for the periods presented because its effects would have been anti-dilutive.

	December 31, 2019
Unvested RSUs¹		3,137,415
Class B shares²		144,342,572
Shannon Equity Agreement shares³		1,083,995
Total		148,563,982

¹	Represents the number of instruments outstanding at the end of the period.

²	Class B shares at the end of the period are considered potentially dilutive Class A shares.

³	Class A shares that would be issued in relation to the Shannon LNG Equity agreement.

Share-based compensation

12 Months Ended

Dec. 31, 2019

Share-based compensation [Abstract]

Share-based compensation

21.	Share-based compensation

During the year ended December 31, 2019, the Company granted RSUs to select officers, employees, non-employee members of the board of directors, and select non-employees under the Incentive Plan.

The Company estimates the fair value of RSUs on the grant date based on the closing price of the underlying shares on the grant date and other fair value adjustments to account for a post-vesting holding period. These fair value adjustments were estimated based on the Finnerty model.

The following table summarizes the RSU activity for the year ended December 31, 2019:

	Restricted Share Units			Weighted-average grant date fair value per share
Non-vested RSUs as of December 31, 2018		-		$	-
Granted		5,404,823			13.48
Vested and shares issued		(1,284,383	)		13.53
Forfeited		(983,025	)		13.51
Non-vested RSUs as of December 31, 2019		3,137,415		$	13.44

During the year ended December 31, 2019, the Company recognized a compensation expense of $41,447 of which $40,594 and $853 are recorded in Selling, general and administrative and Operations and maintenance, respectively. The Company recognizes the income tax benefits resulting from vesting of RSUs in the period they vest, to the extent the compensation expense has been recognized.

For the year ended December 31, 2019, cumulative compensation expense recognized for forfeited awards of $2,248 was reversed.

As of December 31, 2019, the Company had 3,137,415 non-vested RSUs subject to service conditions and therefore had unrecognized compensation costs of approximately $18,080. The non-vested RSUs will vest over a period from ten months to three years following the grant date. The weighted-average remaining vesting period of non-vested RSUs totaled 0.86 years as of December 31, 2019.

Stockholder's equity and Members' equity

12 Months Ended

Dec. 31, 2019

Stockholder's equity and Members' equity [Abstract]

Stockholder's equity and Members' equity

22.	Stockholder’s equity and Members’ equity

New Fortress Energy Holdings

In January 2018, New Fortress Energy Holdings, the Company's predecessor, issued 665,843 common shares (no par value) to members of New Fortress Energy Holdings for $20,150 in proceeds.

New Fortress Energy LLC

During the year ended December 31, 2019, the Company issued 2,716,252 shares of Class A shares in exchange for Class B shares, and 53,572 Class A shares were issued for vested RSUs.

As of December 31, 2019, NFE has 23,607,096 Class A Shares outstanding, and New Fortress Energy Holding has an 85.9% economic interest in NFI through ownership of 144,342,572 NFI LLC units and New Fortress Energy Holdings holds an 85.9% voting interest in NFE.

Leases, as lessee

12 Months Ended

Dec. 31, 2019

Leases, as lessee [Abstract]

Leases, as lessee

23.	Leases, as lessee

During the years ended December 31, 2019, 2018, and 2017, the Company recognized rental expense for all operating leases of $37,069, $23,687, and $17,369, respectively. These operating leases were related primarily to LNG vessel time charters, office space, land leases, and marine port berth leases as summarized in the table below.

Lease	Non-cancellable Initial Term	Renewal Option	Rent Escalation (per annum)
LNG vessel time charter	2 to 7 years	0 to 5 years	0% to 2%
Marine port berth	20 to 25 years	0 to 20 years	See Note (1)
Office space and land	monthly to 7 years	0 to 5 years	2.5% to 5.0%

(1)	One marine port berth lease has a 15% lease payment escalation after year five

Future minimum lease payments under non-cancellable operating leases are as follows:

Year ending December 31:
2020	$	37,776
2021		35,478
2022		18,387
2023		7,083
2024		7,151
Thereafter		26,458
Total	$	132,333

Related party transactions

12 Months Ended

Dec. 31, 2019

Related party transactions

24.	Related party transactions

Management services

The Company is majority-owned by a private equity fund managed by an affiliate of Fortress Investment Group LLC (“Fortress”). In the ordinary course of business, Fortress through affiliated entities, has historically charged the Company for administrative and general expenses incurred pursuant to its Management Services Agreement (“Management Agreement”). Upon completion of the IPO, the Management Agreement was terminated and replaced by an Administrative Services Agreement (“Administrative Agreement”) to charge the Company for similar administrative and general expenses. The charges under the Management Agreement and Administrative Agreement that are attributable to the Company totaled $7,942, $5,741 and $3,866 for years ended December 31, 2019, 2018, and 2017, respectively. Costs associated with the Management Agreement and Administrative Agreement are included within Selling, general and administrative in the consolidated statements of operations and comprehensive loss. As of December 31, 2019 and 2018, $5,083 and $3,579 were due to Fortress, respectively.

In addition to management and administrative services, an affiliate of Fortress owns and leases an aircraft chartered by the Company for business purposes in the course of operations. The Company incurred, at aircraft operator market rates, charter costs of $5,367 for the year ended December 31, 2019, and $4,286 is due to this affiliate as of December 31, 2019. In prior years, such charges were incurred under the Management Agreement and amounts incurred of $1,873 and $2,917 for the years ended December 2018 and 2017, respectively, are included in the activity and balances disclosed above.

Land and office lease

The Company has leased land and office space from Florida East Coast Industries, LLC (“FECI”), an affiliate of the Company. In April 2019, FECI sold the office building to a non-affiliate, and as such, the lease of the office space is no longer held with a related party. The expense related to the office building for the period that the building was owned by a related party during the year ended December 31, 2019 totaled $609, of which $386 was capitalized as leasehold improvements and $223 was included in Selling, general and administrative in the consolidated statements of operations and comprehensive loss; no expense for the office space was incurred prior to 2019. The expense for the land lease during the years ended December 31, 2019, 2018, and 2017 was $396, $260, and $285, respectively, and these amounts have been recognized within Operations and maintenance in the consolidated statements of operations and comprehensive loss. As of December 31, 2019 and 2018, $0 and $597 were due to FECI, respectively.

DevTech Investment

In August 2018, the Company entered into a consulting arrangement with DevTech Environment Limited (“DevTech”), to provide business development services to increase the customer base of the Company. DevTech also contributed cash consideration in exchange for a 10% interest in a consolidated subsidiary. The 10% interest is reflected as non-controlling interest in the Company’s consolidated financial statements. DevTech purchased 10% of a note payable due to an affiliate of the Company. As of December 31, 2019 and 2018, $815 and $737 was owed to DevTech on the note payable, respectively. The outstanding note payable due to DevTech is included in Other long-term liabilities on the consolidated balance sheets as of December 31, 2019. For the years ended December 31, 2019 and 2018, interest expense on the note payable due to DevTech was $94 and $18, respectively; no interest has been paid, and accrued interest has been recognized within Other current liabilities on the consolidated balance sheets. As of December 31, 2019 and 2018, $443 and $365 was due from DevTech, respectively.

Fortress affiliated entities

Since 2017, the Company has provided certain administrative services to related parties including Fortress Equity Partners. As of December 31, 2019 and 2018, $1,134 and $525 were due from affiliates, respectively. There are no costs incurred by the Company as the Company is fully reimbursed for all costs incurred. Additionally, Fortress affiliated entities provide certain administrative services to the Company. As of December 31, 2019 and 2018, $883 and $305 were due to Fortress affiliates, respectively.

Due to/from Affiliates

The table below summarizes the balances outstanding with affiliates at December 31, 2019 and 2018:

	December 31, 2019		December 31, 2018

Amounts due to affiliates	$	10,252	$	4,481
Amounts due from affiliates		1,577		890

Customer concentrations

12 Months Ended

Dec. 31, 2019

Customer concentrations [Abstract]

Customer concentrations

25.	Customer concentrations

For the year ended December 31, 2019, revenue from two significant customers constituted 74% of the total revenue and 85% of trade receivables. For the year ended 2018 and 2017, revenue from one significant customer constituted 87% and 92% of total revenue, respectively, and as of December 31, 2018, this customer comprised 93% of trade receivables. In addition to trade receivables, the Company has primarily leased facilities under direct financing leases to this customer. As of December 31, 2019 and 2018, 99% and 98% of the Finance leases, net balance was attributed to this significant customer, respectively.

During the years ended December 31, 2019, 2018, and 2017, revenue from external customers that were derived from customers located in the United States were $21,386, $7,214 and $4,935, respectively, and from customers outside of the United States were $167,739, $105,087 and $92,327, respectively, primarily derived from customers in the Caribbean. The Company attributes revenue from external customers to the country in which the party to the applicable agreement has its principal place of business.

As of December 31, 2019 and 2018, long lived assets, which are all non-current assets excluding investment in equity securities, restricted cash, deferred tax assets and intangible assets, located in the United States were $360,860 and $151,729, respectively, and long lived assets located outside of the United States were $470,749 and $325,416, respectively, primarily located in the Caribbean.

Unaudited quarterly financial data

12 Months Ended

Dec. 31, 2019

Unaudited quarterly financial data [Abstract]

Unaudited quarterly financial data

26.	Unaudited quarterly financial data

Due to the change in organization structure as a result of reorganization transactions completed at the time of the IPO in 2019, the 2018 quarterly net loss per share is not presented as it is not comparable to 2019. Summarized quarterly financial data for the years ended December 31, 2019 and 2018 are as follows:

(in thousands of U.S. dollars, except per share data)
	Three months ended
	March 31, 2019			June 30, 2019			September 30, 2019			December 31, 2019
Revenues	$	29,951		$	39,766		$	49,656		$	69,752
Operating loss		(59,337	)		(43,959	)		(47,726	)		(36,253	)
Net loss		(60,292	)		(51,233	)		(54,424	)		(38,370	)
Net loss attributable to stockholders		(13,557	)		(6,186	)		(6,723	)		(7,343	)
Basic and diluted loss per share (1)		(0.96	)		(0.28	)		(0.30	)		(0.30	)

(1) Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.

	Three months ended
	March 31, 2018			June 30, 2018			September 30, 2018			December 31, 2018

Revenues	$	25,709		$	26,799		$	28,424		$	31,369
Operating loss		(9,465	)		(17,141	)		(9,922	)		(21,960	)
Net loss		(10,913	)		(18,825	)		(13,681	)		(34,763	)
Net loss attributable to stockholders		(10,913	)		(18,825	)		(13,609	)		(34,729	)

Subsequent events

12 Months Ended

Dec. 31, 2019

Subsequent events [Abstract]

Subsequent events

27.	Subsequent events

The Credit Agreement

On January 10, 2020, the Company entered into a credit agreement to borrow $800,000 in term loans (the “Credit Agreement”). The Credit Agreement will mature in January 2023 with the full principal balance due upon maturity. Interest is payable quarterly and is based on a LIBOR rate divided by one minus the applicable reserve requirement, subject to a floor of 1.50%, plus a margin of 6.25%. The interest rate margin increases each year of the term by 1.50%.

Proceeds received were net of upfront and structuring fees, and together with other fees and expenses paid in connection with obtaining this financing, these fees will be recorded as a reduction to the principal balance on the consolidated balance sheet. Proceeds received were utilized to extinguish the Term Loan Facility, including outstanding principal of $495,000.

LNG Supply Agreement

On February 7, 2020, the Company entered into a long-term supply agreement for the purchase of 27.5 TBtus per year of LNG at a price indexed to Henry Hub. The term of the purchase commitment is January 2022 through January 2030.

Schedule I - Condensed Financial Information of Registrant

12 Months Ended

Dec. 31, 2019

Schedule I - Condensed Financial Information of Registrant [Abstract]

Schedule I - Condensed Financial Information of Parent

Schedule I – Condensed Financial Information of Registrant

New Fortress Energy LLC

(Parent Company Only)

Condensed Balance Sheets

As of December 31, 2019 and 2018

(in thousands of U.S. Dollars, except share amounts)

	December 31, 2019			December 31, 2018
Assets
Current assets
Cash and cash equivalents	$	-		$	42
Total current assets		-			42

Investment in subsidiaries		84,805			268,265
Total assets	$	84,805		$	268,307

Stockholders’ equity
Members’ capital, no par value, 500,000,000 shares authorized, 67,983,095 shares issued and outstanding as of December 31, 2018	$	-		$	426,741
Class A shares, 23,607,096 shares, issued and outstanding as of December 31, 2019; 0 shares issued and outstanding as of December 31, 2018		130,658			-
Class B shares, 144,342,572 shares, issued and outstanding as of December 31, 2019; 0 shares issued and outstanding as of December 31, 2018		-			-
Accumulated deficit		(45,823	)		(158,423	)
Accumulated other comprehensive loss		(30	)		(11	)
Total stockholders' equity		84,805			268,307

Total liabilities and stockholders' equity	$	84,805		$	268,307

See accompanying notes to condensed financial statements

Schedule I – Condensed Financial Information of Registrant

New Fortress Energy LLC

(Parent Company Only)

Condensed Statements of Operations and Comprehensive Loss

For the years ended December 31, 2019, 2018 and 2017

(in thousands of U.S. Dollars)

	Year Ended December 31,
	2019			2018			2017
Selling, general and administrative	$	-		$	(179	)	$	(40	)
Operating loss		-			(179	)		(40	)
Other income, net		106			337			-
Income (loss) before taxes and equity in net loss of subsidiaries		106			158			(40	)
Tax expense (benefit)		-			-			-
Equity in net loss of subsidiaries		(33,915	)		(78,234	)		(31,631	)
Net Loss		(33,809	)		(78,076	)		(31,671	)
Other comprehensive (loss) income		(30	)		(2,677	)		1,303
Comprehensive loss	$	(33,839	)	$	(80,753	)	$	(30,368	)

See accompanying notes to condensed financial statements

Schedule I – Condensed Financial Information of Registrant

New Fortress Energy LLC

(Parent Company Only)

Condensed Statements of Cash Flows

For the years ended December 31, 2019, 2018 and 2017

(in thousands of U.S. Dollars)

	Year Ended December 31,
	2019			2018			2017
Cash flows from operating activities
Net Loss	$	(33,809	)	$	(78,076	)	$	(31,671	)
Adjustments for:
Equity in net losses of subsidiaries		33,915			78,234			31,631
Net cash provided by/(used in) operating activities		106			158			(40	)

Cash flows from investing activities
Investment in subsidiaries		(275,054	)		(146,941	)		(123,371	)
Net cash used in investing activities		(275,054	)		(146,941	)		(123,371	)

Cash flows from financing activities
Proceeds from IPO		274,948			-			-
Repayment of affiliate note		-			-			(120	)
Capital contributed from Members		-			20,150			20,100
Collection of subscription receivable		-			50,000			-
Net cash provided by financing activities		274,948			70,150			19,980

Net (decrease) in cash and cash equivalents and restricted cash		-			(76,633	)		(103,431	)
Cash and cash equivalents and restricted cash - beginning of period		-			76,675			180,106
Cash and cash equivalents and restricted cash - end of period	$	-		$	42		$	76,675

See accompanying notes to condensed financial statements

Schedule I – Condensed Financial Information of Registrant

New Fortress Energy LLC

(Parent Company Only)

Notes to Condensed Financial Statements

1.	Organization and presentation

New Fortress Energy LLC (“NFE”) was formed as a Delaware limited liability company by New Fortress Energy Holdings on August 6, 2018. On February 4, 2019, NFE completed an initial public offering (“IPO”) in which NFE issued and sold 20,000,000 Class A shares at an IPO price of $14.00 per share. In addition, on March 1, 2019, the underwriters exercised their option to purchase an additional 837,272 Class A shares. NFE raised net proceeds of $274.9 million, after deducting underwriting discounts and commissions. These proceeds were contributed in exchange for limited liability company units (“NFI LLC Units”) in New Fortress Intermediate LLC (“NFI”), an entity formed in conjunction with the IPO, at a price per unit equal to the IPO price. In addition, New Fortress Energy Holdings contributed all of its interests in consolidated subsidiaries that comprised substantially all of its historic operations, as well its limited assets and liabilities, to NFI in exchange for NFI LLC Units. New Fortress Energy Holdings has been determined to be NFE’s predecessor for accounting purposes.

NFE’s consolidated subsidiaries have outstanding borrowings under a term loan agreement and under secured and unsecured bonds, and there are restrictions in the credit agreements governing these borrowings, described in Note 17 of the Notes to the consolidated financial statements, on NFE’s ability to obtain funds from any of its subsidiaries through dividends, loans, or advances. As of December 31, 2019, substantially all of the net assets of NFE’s consolidated subsidiaries were restricted. Accordingly, this condensed financial information is presented on a “Parent-only” basis. Under a Parent-only presentation, NFE’s investments in its consolidated subsidiaries are presented under the equity method of accounting.

The condensed financial statements of NFE reflect the results of operations of NFE commencing on the date of IPO. For the periods prior to the IPO, the condensed financial statements of New Fortress Energy Holdings are presented. NFE is a holding company that does not conduct any business operations of its own, and therefore its assets primarily consist of investment in subsidiaries.

The condensed financial information of NFE should be read in conjunction with the consolidated financial statement of NFE and the accompanying notes thereto.

Debt

As of December 31, 2019 and 2018, NFE had no debt on its balance sheet. However, certain of its subsidiaries are subject to debt agreements. These agreements require the subsidiaries to comply with certain financial covenants and other restricted covenants customary for facilities of this type, including restrictions on indebtedness, lines, acquisitions, investments, restricted payments, and dispositions. For a discussion of the nature and terms of those agreements, refer to Note 17 to NFE’s consolidated financial statements.

Schedule II

12 Months Ended

Dec. 31, 2019

Schedule II [Abstract]

Schedule II

Description	Balance at Beginning of Year		Additions⁽¹⁾		Deductions			Balance at End of Year

Year ended December 31, 2019

Allowance for doubtful accounts	$	257	$	-	$	(257	)	$	-

Year ended December 31, 2018

Allowance for doubtful accounts		-		257		-			257

Year ended December 31, 2017

Allowance for doubtful accounts		-		-		-			-

Note

(1)

Amount expensed is included within Selling, general and administrative

Significant accounting policies (Policies)

12 Months Ended

Dec. 31, 2019

Significant accounting policies [Abstract]

Basis of presentation and principles of consolidation

(a)	Basis of presentation and principles of consolidation

Use of estimates

(b)	Use of estimates

Foreign currencies

(c)	Foreign currencies

Cash and cash equivalents

(d)	Cash and cash equivalents

The Company considers all highly liquid investments with an original maturity of three months or less at the time of purchase to be cash equivalents.

Restricted cash

(e)	Restricted cash

Restricted cash consists of funds that are contractually restricted as to usage or withdrawal and have been presented separately from cash and cash equivalents on the consolidated balance sheets.

Receivables

(f)	Receivables

Inventories

(g)	Inventories

Construction in progress

(h)	Construction in progress

The interest cost associated with major development and construction projects is capitalized during the construction period and included in the cost of the project in Construction in progress.

Property, plant and equipment, net

(i)	Property, plant and equipment, net

	Useful life (Yrs)
LNG liquefaction facilities		20-30
Gas terminals		5-45
Gas pipelines		4-45
ISO containers and other equipment		3-40
Leasehold improvements		5-27

The Company reviews the remaining useful life of its assets on a regular basis to determine whether changes have taken place that would suggest that a change to depreciation policies is warranted.

Asset retirement obligations ("AROs")

(j)	Asset retirement obligations (“AROs”)

Impairment of long-lived assets

(k)	Impairment of long-lived assets

Investment in equity securities

(l)	Investment in equity securities

Intangible assets

(m)	Intangible assets

Long-term debt and debt issuance costs

(n)	Long-term debt and debt issuance costs

Legal and contingencies

(o)	Legal and contingencies

Revenue recognition

(p)	Revenue recognition

Loss on mitigation sales

(q)	Loss on mitigation sales

During the year ended December 31, 2019, the Company has recognized losses of $5,280 within Loss on mitigation sales in the consolidated statements of operations and comprehensive loss.

Leases, as lessee

(r)	Leases, as lessee

Lease payments under operating leases are recognized in the consolidated statements of operations and comprehensive loss on a straight-line basis over the term of the relevant lease.

Share-based compensation

(s)	Share-based compensation

Taxation

(t)

Taxation

Federal and state income taxes

Foreign taxes

Other taxes

Net loss per share

(u)	Net loss per share

Significant accounting policies (Tables)

12 Months Ended

Dec. 31, 2019

Significant accounting policies [Abstract]

Estimated Economic Life of Property Plant and Equipment

The Company depreciates property, plant and equipment using the straight-line depreciation method over the estimated economic life of the asset or lease term, whichever is shorter using the following useful lives:

	Useful life (Yrs)
LNG liquefaction facilities		20-30
Gas terminals		5-45
Gas pipelines		4-45
ISO containers and other equipment		3-40
Leasehold improvements		5-27

Revenue from contracts with customers (Tables)

12 Months Ended

Dec. 31, 2019

Revenue from contracts with customers [Abstract]

Other Revenue

The table below summarizes the balances in Other revenue:

	Year Ended December 31,
	2019		2018		2017
Other Revenue
Development services revenue	$	27,308	$	-	$	-
Lease related revenue		16,317		15,395		15,158
Total other revenue	$	43,625	$	15,395	$	15,158

Remaining Performance Obligation

The Company expects to recognize this revenue over the following time periods, and the pattern of recognition reflects the minimum guaranteed volumes in each period:

Period	Revenue
2020	$	185,272
2021		170,494
2022		168,960
2023		168,202
2024		167,445
Thereafter		2,240,812
Total	$	3,101,185

Acquisition (Tables)

12 Months Ended

Dec. 31, 2019

Acquisition [Abstract]

Purchase Agreement of Business Acquisition

The purchase agreement required the Company to pay the following amounts:

	November 9, 2018
Cash⁽¹⁾	$	3,435
Contingent consideration⁽²⁾		9,835
Equity Agreement⁽³⁾		16,924
Transaction costs		593
Non-controlling interest		14,446
Total consideration	$	45,233

(1)

Cash inclusive of repayment of Shannon LNG’s liabilities equal to approximately $2,857.

(2)

Consideration due to sellers once the first gas is exported from the terminal to be built.

(3)

To be paid in shares at the earlier of agreed-upon date in 2020 or the commencement of significant construction activities specified in the Shannon LNG Agreement.

Fair Values of Assets Acquired

The assets acquired in connection with the acquisition were recorded by the Company at their estimated relative fair values as follows:

	November 9, 2018		Useful life (Yrs)
Assets
Land	$	851	Indefinite life
Rights of way		1,191	Indefinite life
Intangible assets – favorable lease agreements		244		91
Intangible assets – permits		42,947		40
Total assets acquired	$	45,233

Fair value (Tables)

12 Months Ended

Dec. 31, 2019

Fair value [Abstract]

Financial Assets and Financial Liabilities

The following table presents the Company’s financial assets and financial liabilities that are measured at fair value as of December 31, 2019 and 2018:

	December 31, 2019
	Level 1		Level 2		Level 3		Total		Valuation technique
Assets
Cash and cash equivalents	$	27,098	$	-	$	-	$	27,098	Market approach
Restricted cash		65,937		-		-		65,937	Market approach
Investment in equity securities		2,540		-		-		2,540	Market approach
Total	$	95,575	$	-	$	-	$	95,575

Liabilities
Derivative liability¹	$	-	$	-	$	9,800	$	9,800	Income approach
Equity agreement²		-		-		16,800		16,800	Income approach
Total	$	-	$	-	$	26,600	$	26,600

	December 31, 2018
	Level 1		Level 2		Level 3		Total		Valuation technique
Assets
Cash and cash equivalents	$	78,301	$	-	$	-	$	78,301	Market approach
Restricted cash		22,552		-		-		22,552	Market approach
Investment in equity securities		3,656		-		-		3,656	Market approach
Total	$	104,509	$	-	$	-	$	104,509

Liabilities
Derivative liability¹	$	-	$	-	$	9,835	$	9,835	Income approach
Equity agreement²		-		-		16,924		16,924	Income approach
Total	$	-	$	-	$	26,759	$	26,759

⁽¹⁾	Consideration due to the sellers of Shannon LNG once first gas is supplied from the terminal to be built.

⁽²⁾	To be paid in shares at the earlier of agreed-upon date or the commencement of significant construction activities specified in the Shannon LNG Agreement.

Restricted cash (Tables)

12 Months Ended

Dec. 31, 2019

Restricted cash [Abstract]

Restricted Cash

As of December 31, 2019 and 2018, restricted cash consisted of the following:

	December 31, 2019		December 31, 2018
Collateral for performance under customer agreements	$	15,000	$	15,095
Collateral for LNG purchases		35,000		927
Collateral for letters of credit and performance bonds		7,388		6,238
Debt service reserve account		8,299		-
Other restricted cash		250		292
Total restricted cash	$	65,937	$	22,552
Current restricted cash	$	30,966	$	30
Non-current restricted cash		34,971		22,522

Inventory (Tables)

12 Months Ended

Dec. 31, 2019

Inventory [Abstract]

Inventory

As of December 31, 2019 and 2018, inventory consisted of the following:

	December 31, 2019		December 31, 2018
LNG and natural gas inventory	$	57,436	$	15,611
ADO inventory		4,746		-
Materials, supplies and other		1,250		348
Total inventory	$	63,432	$	15,959

Prepaid expenses and other current assets (Tables)

12 Months Ended

Dec. 31, 2019

Prepaid expenses and other current assets [Abstract]

Prepaid Expenses and Other Current Assets

As of December 31, 2019 and 2018, prepaid expenses and other current assets consisted of the following:

	December 31, 2019		December 31, 2018
Prepaid expenses	$	7,458	$	2,169
Prepaid LNG		7,097		16,170
Due from affiliates (Note 24)		1,577		890
Other current assets		22,520		10,788
Total prepaid expenses and other current assets	$	38,652	$	30,017

Investment in equity securities (Tables)

12 Months Ended

Dec. 31, 2019

Investment in equity securities [Abstract]

Number of Shares, Cost and Fair Value of Investment

The following tables present the number of shares, cost and fair value of the investment:

	December 31, 2019
(in thousands of U.S. dollars except shares)	Number of Shares		Cost		Fair value
Investment in equity securities¹		295,256	$	3,667	$	2,540

¹During the year ended December 31, 2019, the investee effected a 5-for-1 reverse stock split.

	December 31, 2018
(in thousands of U.S. dollars except shares)	Number of Shares		Cost		Fair value
Investment in equity securities		1,476,280	$	3,667	$	3,656

Schedule of Available For Sale Investment Reconciliation

The movement in the value of the equity investment during the years ended December 31, 2019 and 2018 is summarized below:

	December 31, 2019			December 31, 2018
Beginning of period	$	3,656		$	6,333
Unrealized loss		(1,116	)		(2,677	)
End of period	$	2,540		$	3,656

Construction in progress (Tables)

12 Months Ended

Dec. 31, 2019

Construction in Progress [Abstract]

Construction in Progress Activity

The Company’s construction in progress activity during the years ended December 31, 2019 and 2018 is detailed below:

	December 31, 2019			December 31, 2018
Balance at beginning of period	$	254,700		$	35,413
Additions		315,188			224,871
Transferred to property, plant and equipment, net (Note 12)		(103,301	)		(5,584	)
Balance at end of period	$	466,587		$	254,700

Property, plant and equipment, net (Tables)

12 Months Ended

Dec. 31, 2019

Property, plant and equipment, net [Abstract]

Property, Plant and Equipment, Net

As of December 31, 2019 and 2018, the Company’s property, plant and equipment, net consisted of the following:

	December 31, 2019			December 31, 2018
LNG liquefaction facilities	$	66,273		$	65,631
Gas terminals		52,781			-
Gas pipelines		11,692			-
ISO containers and other equipment		54,932			17,792
Land		15,401			12,779
Leasehold improvements		8,054			7,229
Accumulated depreciation		(16,911	)		(9,391	)
Total property, plant and equipment, net	$	192,222		$	94,040

Intangible assets, net (Tables)

12 Months Ended

Dec. 31, 2019

Intangible assets, net [Abstract]

Composition of Intangible Assets

The following table summarizes the composition of intangible assets:

	December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Shannon LNG leases and permits	$	42,157	$	1,198	$	40,959		40
Easements		1,559		139		1,420		30

Indefinite-lived intangible assets
Easements		1,161		-		1,161		n/a
Total intangible assets	$	44,877	$	1,337	$	43,540

	December 31, 2018
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Shannon LNG leases and permits	$	43,191	$	134	$	43,057		40
Total intangible assets	$	43,191	$	134	$	43,057

Estimated Aggregate Amortization Expense

The estimated aggregate amortization expense for each of the next five years is:

Year ending December 31:
2020	$	1,116
2021		1,116
2022		1,116
2023		1,116
2024		1,116
Thereafter		36,799
Total	$	42,379

Finance leases, net (Tables)

12 Months Ended

Dec. 31, 2019

Finance leases, net [Abstract]

Components of Direct Financing Leases

The components of the direct financing leases as of December 31, 2019 and 2018 are as follows:

	December 31, 2019			December 31, 2018
Finance leases	$	290,947		$	306,832
Unearned income		(198,691	)		(213,682	)
Total finance leases, net	$	92,256		$	93,150
Current portion	$	1,082		$	943
Non-current		91,174			92,207

Future Minimum Lease Payments to be Received under Direct Financing Leases

As of December 31, 2019, future minimum lease payments to be received under direct financing leases for the remainder of the respective lease terms is as follows:

Year ending December 31:
2020	$	15,986
2021		15,946
2022		15,941
2023		15,947
2024		15,990
Thereafter		211,137
Total	$	290,947

Other non-current assets (Tables)

12 Months Ended

Dec. 31, 2019

Other non-current assets [Abstract]

Other Non-Current Assets

As of December 31, 2019 and 2018, other non-current assets consisted of the following:

	December 31, 2019		December 31, 2018
Port access rights and initial lease costs	$	17,762	$	21,871
Nonrefundable deposit		22,262		10,810
Upfront payments to customers		5,904		-
Contract asset (Note 4)		19,474		-
Cost to fulfill (Note 4)		8,508		-
Other		7,716		2,574
Total other non-current assets	$	81,626	$	35,255

Accrued liabilities (Tables)

12 Months Ended

Dec. 31, 2019

Accrued liabilities [Abstract]

Accrued Liabilities

As of December 31, 2019 and 2018, accrued liabilities consisted of the following:

	December 31, 2019		December 31, 2018
Accrued construction costs	$	25,037	$	41,343
Accrued IPO costs		-		5,296
Accrued bonuses		14,991		12,582
Other accrued expenses		14,915		8,291
Total accrued liabilities	$	54,943	$	67,512

Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt [Abstract]

Long-Term Debt

As of December 31, 2019 and 2018, debt consisted of the following:

	December 31, 2019		December 31, 2018
Term Loan Facility, due January 21, 2020	$	495,000	$	272,192
Senior Secured Bonds, due September 2034		70,960		-
Senior Secured Bonds, due December 2034		10,823		-
Senior Unsecured Bonds, due September 2036		42,274		-
Total debt	$	619,057	$	272,192
Current portion of debt	$	-	$	272,192
Non-current portion of debt		619,057		-

Interest Expense

Interest expense, net of amounts capitalized, recognized for the year ended December 31, 2019, 2018, and 2017 consisted of the following:

	Year ended December 31,
	2019		2018		2017
Interest per contractual rates	$	32,283	$	9,363	$	5,760
Amortization of debt issuance costs		12,301		3,617		696
Total interest costs		44,584		12,980		6,456
Capitalized interest		25,172		1,732		-
Total interest expense	$	19,412	$	11,248	$	6,456

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Income taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income taxes [Abstract]

Loss Before Income Taxes

The components of the Company's loss before income taxes for the years ended December 31, 2019, 2018, and 2017 were as follows:

	Year Ended December 31,
	2019			2018			2017
United States	$	(194,481	)	$	(74,873	)	$	(32,647	)
Foreign		(9,399	)		(3,647	)		1,502
Loss before taxes	$	(203,880	)	$	(78,520	)	$	(31,145	)

Income Tax Expense (Benefit)

Income tax expense (benefit) is comprised of the following for the years ended December 31, 2019, 2018, and 2017:

	Year Ended December 31,
	2019		2018			2017
Current:
Domestic	$	-	$	-		$	-
Foreign		47		7			5
Total current tax expense		47		7			5
Deferred:
Domestic		-		-			-
Foreign		392		(345	)		521
Total deferred tax expense (benefit)		392		(345	)		521
Total provision for (benefit from) income taxes	$	439	$	(338	)	$	526

Effective Tax Rate

A reconciliation of the U.S. federal statutory income tax rate to the Company’s effective tax rate is as follows:

	Year Ended December 31,
	2019			2018			2017
Income tax at the statutory rate		21.0	%		-			-
Foreign tax rate differential		0.8	%		0.4	%		(1.7	%)
Foreign tax on foreign operations		2.9	%		-			-
Foreign permanent adjustments		5.0	%		-			-
Income attributable to non-controlling interest		(18.2	%)		-			-
Domestic valuation allowance		(2.1	%)		-			-
Foreign valuation allowance		(10.8	%)		-			-
Other		1.2	%		-			-
Effective income tax rate		(0.2	%)		0.4	%		(1.7	%)

Valuation Allowance on Deferred Tax Assets

The following table summarizes the changes in the Company’s valuation allowance on deferred tax assets for the period indicated for the years ended December 31, 2019 and 2018:

	Year Ended December 31,
	2019		2018
Balance at the beginning of the period	$	241	$	-
Increase recognized in the statement of operations		80,670		241
Balance at the end of the period	$	80,911	$	241

Deferred Tax Assets and Liabilities

The tax effect of each type of temporary difference and carryforward that give rise to a significant deferred tax asset or liability as of December 31, 2019, 2018, and 2017, are as follows:

	Year Ended December 31,
	2019			2018
Deferred tax assets:
Investment in NFI	$	46,185		$	-
Accrued interest		14,047			3,181
Federal and state net operating loss carryforward		3,215			-
Foreign net operating loss carryforward		19,713			4,824
Share-based compensation		8,958			-
Other		406			-
Total deferred tax assets		92,524			8,005
Valuation allowance		(80,911	)		(241	)
Deferred tax assets, net of valuation allowance		11,613			7,764

Deferred tax liabilities:
Property and equipment		(11,820	)		(7,579	)
Total deferred tax liabilities		(11,820	)		(7,579	)
Net deferred tax (liabilities) assets	$	(207	)	$	185

Commitments and contingencies (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and contingencies [Abstract]

Estimated Future Cash Payments

The estimated future cash payments related to outstanding contractual commitments, at market prices as of December 31, 2019, is summarized as follows:

	2020		2021		2022		2023			2024+
LNG inventory purchases	$	276,904	$	224,872	$	-	$	-	$	-
Gas inventory purchases		8,714		6,213		6,205		6,271		12,196

Earnings per share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings per share [Abstract]

Earnings Per Share

	Year Ended December 31, 2019
Numerator:
Net loss	$	(204,319	)
Less: net loss attributable to non-controlling interests		170,510
Net loss attributable to Class A shares	$	(33,809	)
Denominator:
Weighted-average shares-basic and diluted		20,862,555

Net loss per share - basic and diluted	$	(1.62	)

Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share Effects Presented in Anti-dilutive

The following table presents potentially dilutive securities excluded from the computation of diluted net loss per share for the periods presented because its effects would have been anti-dilutive.

	December 31, 2019
Unvested RSUs¹		3,137,415
Class B shares²		144,342,572
Shannon Equity Agreement shares³		1,083,995
Total		148,563,982

¹	Represents the number of instruments outstanding at the end of the period.

²	Class B shares at the end of the period are considered potentially dilutive Class A shares.

³	Class A shares that would be issued in relation to the Shannon LNG Equity agreement.

Share-based compensation (Tables)

12 Months Ended

Dec. 31, 2019

Share-based compensation [Abstract]

RSU Activity

The following table summarizes the RSU activity for the year ended December 31, 2019:

	Restricted Share Units			Weighted-average grant date fair value per share
Non-vested RSUs as of December 31, 2018		-		$	-
Granted		5,404,823			13.48
Vested and shares issued		(1,284,383	)		13.53
Forfeited		(983,025	)		13.51
Non-vested RSUs as of December 31, 2019		3,137,415		$	13.44

Leases, as lessee (Tables)

12 Months Ended

Dec. 31, 2019

Leases, as lessee [Abstract]

Lease Terms

These operating leases were related primarily to LNG vessel time charters, office space, land leases, and marine port berth leases as summarized in the table below.

Lease	Non-cancellable Initial Term	Renewal Option	Rent Escalation (per annum)
LNG vessel time charter	2 to 7 years	0 to 5 years	0% to 2%
Marine port berth	20 to 25 years	0 to 20 years	See Note (1)
Office space and land	monthly to 7 years	0 to 5 years	2.5% to 5.0%

(1)	One marine port berth lease has a 15% lease payment escalation after year five

Future Minimum Lease Payments under Non-cancellable Operating Leases

Future minimum lease payments under non-cancellable operating leases are as follows:

Year ending December 31:
2020	$	37,776
2021		35,478
2022		18,387
2023		7,083
2024		7,151
Thereafter		26,458
Total	$	132,333

Related party transactions (Tables)

12 Months Ended

Dec. 31, 2019

Due to/from Affiliates

The table below summarizes the balances outstanding with affiliates at December 31, 2019 and 2018:

	December 31, 2019		December 31, 2018

Amounts due to affiliates	$	10,252	$	4,481
Amounts due from affiliates		1,577		890

Unaudited quarterly financial data (Tables)

12 Months Ended

Dec. 31, 2019

Unaudited quarterly financial data [Abstract]

Quarterly Financial Data

Summarized quarterly financial data for the years ended December 31, 2019 and 2018 are as follows:

(in thousands of U.S. dollars, except per share data)
	Three months ended
	March 31, 2019			June 30, 2019			September 30, 2019			December 31, 2019
Revenues	$	29,951		$	39,766		$	49,656		$	69,752
Operating loss		(59,337	)		(43,959	)		(47,726	)		(36,253	)
Net loss		(60,292	)		(51,233	)		(54,424	)		(38,370	)
Net loss attributable to stockholders		(13,557	)		(6,186	)		(6,723	)		(7,343	)
Basic and diluted loss per share (1)		(0.96	)		(0.28	)		(0.30	)		(0.30	)

	Three months ended
	March 31, 2018			June 30, 2018			September 30, 2018			December 31, 2018

Revenues	$	25,709		$	26,799		$	28,424		$	31,369
Operating loss		(9,465	)		(17,141	)		(9,922	)		(21,960	)
Net loss		(10,913	)		(18,825	)		(13,681	)		(34,763	)
Net loss attributable to stockholders		(10,913	)		(18,825	)		(13,609	)		(34,729	)

Organization (Details)	12 Months Ended
Organization (Details)	Dec. 31, 2019 Segment
Organization [Abstract]
Number of operating segments	1

Significant accounting policies (Details) - USD ($) $ / shares in Units, $ in Thousands			12 Months Ended
	Mar. 01, 2019	Feb. 04, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Basis of presentation and principles of consolidation [Abstract]
Net proceeds from initial public offering			$ 274,948	$ 0	$ 0
Percentage of voting and non-economic interest		88.00%
Percentage of economic interest in NFI		88.00%	85.90%
Payment of stock issuance costs			$ 6,938	0	192
Receivables [Abstract]
Allowance for doubtful accounts			0	257
Asset retirement obligations [Abstract]
Asset retirement obligations settlements			0	0
Impairment of long-lived assets [Abstract]
Impairment of long-lived assets			0	$ 0	$ 0
Loss on Mitigation Sales [Abstract]
Loss on mitigation sales			$ (5,280)
Net loss per share [Abstract]
Shares outstanding (in shares)			0
LNG Liquefaction Facilities [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life			20 years
LNG Liquefaction Facilities [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life			30 years
Gas Terminals [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life			5 years
Gas Terminals [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life			45 years
Gas Pipelines [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life			4 years
Gas Pipelines [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life			45 years
ISO Containers and Other Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life			3 years
ISO Containers and Other Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life			40 years
Leasehold Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life			5 years
Leasehold Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life			27 years
Class A [Member] \| IPO [Member]
Basis of presentation and principles of consolidation [Abstract]
Shares issued in initial public offering (in shares)	837,272	20,000,000
IPO price per share (in dollars per share)	$ 14.00	$ 14.00
Net proceeds from initial public offering	$ 11,000	$ 257,000
Shares outstanding (in shares)	20,837,272
Payment of stock issuance costs	$ 700
Class B [Member] \| IPO [Member]
Basis of presentation and principles of consolidation [Abstract]
Effects of reorganization transactions (in shares)		147,058,824
Shares outstanding (in shares)		147,058,824

Revenue from contracts with customers (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Contract with Customer, Asset and Liability [Abstract]
Receivables, revenue from contracts with customers	$ 30,563
Contract liability	6,542
Contract asset	23,261
Other current assets	3,787
Other noncurrent assets	19,474	$ 0
Cost of sales	183,359	95,742	$ 78,692
Disaggregation of Revenue [Abstract]
Other revenues	43,625	15,395	15,158
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	3,101,185
Capitalized Contract Cost [Abstract]
Capitalized contract costs	8,839
Other current assets	331
Other noncurrent assets	8,508	0
Development Services [Member]
Contract with Customer, Asset and Liability [Abstract]
Cost of sales	24,228
Disaggregation of Revenue [Abstract]
Other revenues	27,308	0	0
Lease [Member]
Disaggregation of Revenue [Abstract]
Other revenues	16,317	$ 15,395	$ 15,158
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 185,272
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 170,494
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 168,960
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 168,202
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 167,445
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 2,240,812
Remaining performance obligation, expected timing of satisfaction, period

Acquisition (Details) - USD ($)
$ in Thousands

12 Months Ended

Nov. 09, 2018

Dec. 31, 2018

Purchase Agreement of Business Acquisition [Abstract]

Non-controlling interest

$ 14,446

Shannon LNG and Shannon LNG Energy Limited [Member]

Purchase Agreement of Business Acquisition [Abstract]

Cash

^[1]

$ 3,435

Contingent consideration

^[2]

9,835

Equity Agreement

^[3]

16,924

Transaction costs

593

Non-controlling interest

14,446

Total consideration

45,233

Repayment of liabilities

2,857

Assets [Abstract]

Land

851

Rights of way

1,191

Intangible assets - favorable lease agreements

244

Intangible assets - permits

42,947

Total assets acquired

$ 45,233

Intangible assets - favorable lease agreements useful life

91 years

Intangible assets - permits useful life

40 years

[1]	Cash inclusive of repayment of Shannon LNG's liabilities equal to approximately $2,857.
[2]	Consideration due to sellers once the first gas is exported from the terminal to be built.
[3]	To be paid in shares at the earlier of agreed-upon date in 2020 or the commencement of significant construction activities specified in the Shannon LNG Agreement.

Fair value (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2019

Dec. 31, 2018

Dec. 31, 2017

Assets [Abstract]

Restricted cash

$ 65,937

$ 22,552

Investment in equity securities

2,540

3,656

$ 6,333

Total

95,575

104,509

Liabilities [Abstract]

Total

26,600

26,759

Loss from derivative liability and equity agreements fair value adjustments

121

Unrealized gain on currency translation

280

Market Approach [Member]

Assets [Abstract]

Cash and cash equivalents

27,098

78,301

Restricted cash

65,937

22,552

Investment in equity securities

2,540

3,656

Income Approach [Member]

Liabilities [Abstract]

Derivative liability

^[1]

9,800

9,835

Equity agreement

^[2]

16,800

16,924

Level 1 [Member]

Assets [Abstract]

Total

95,575

104,509

Liabilities [Abstract]

Total

Level 1 [Member] | Market Approach [Member]

Assets [Abstract]

Cash and cash equivalents

27,098

78,301

Restricted cash

65,937

22,552

Investment in equity securities

2,540

3,656

Level 1 [Member] | Income Approach [Member]

Liabilities [Abstract]

Derivative liability

^[1]

Equity agreement

^[2]

Level 2 [Member]

Assets [Abstract]

Total

Liabilities [Abstract]

Total

Level 2 [Member] | Market Approach [Member]

Assets [Abstract]

Cash and cash equivalents

Restricted cash

Investment in equity securities

Level 2 [Member] | Income Approach [Member]

Liabilities [Abstract]

Derivative liability

^[1]

Equity agreement

^[2]

Level 3 [Member]

Assets [Abstract]

Total

Liabilities [Abstract]

Total

26,600

26,759

Level 3 [Member] | Market Approach [Member]

Assets [Abstract]

Cash and cash equivalents

Restricted cash

Investment in equity securities

Level 3 [Member] | Income Approach [Member]

Liabilities [Abstract]

Derivative liability

^[1]

9,800

9,835

Equity agreement

^[2]

$ 16,800

$ 16,924

[1]	Consideration due to the sellers of Shannon LNG once first gas is supplied from the terminal to be built.
[2]	To be paid in shares at the earlier of agreed-upon date or the commencement of significant construction activities specified in the Shannon LNG Agreement.

Restricted cash (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Restricted cash [Abstract]
Collateral for performance under customer agreements	$ 15,000	$ 15,095
Collateral for LNG purchases	35,000	927
Collateral for letters of credit and performance bonds	7,388	6,238
Debt service reserve account	8,299	0
Other restricted cash	250	292
Total restricted cash	65,937	22,552
Current restricted cash	30,966	30
Non-current restricted cash	$ 34,971	$ 22,522

Inventory (Details) - USD ($) $ in Thousands	12 Months Ended
Inventory (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Inventory [Abstract]
LNG and natural gas inventory	$ 57,436	$ 15,611
ADO inventory	4,746	0
Materials, supplies and other	1,250	348
Total inventory	63,432	15,959
Inventory adjustments	$ 251	$ 0	$ 0

Prepaid expenses and other current assets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Detail of Prepaid Expenses and Other Current Assets [Abstract]
Prepaid expenses	$ 7,458	$ 2,169
Prepaid LNG	7,097	16,170
Due from affiliates (Note 24)	1,577	890
Other current assets	22,520	10,788
Total prepaid expenses and other expenses	$ 38,652	$ 30,017

Investment in equity securities, Number of Shares, Cost and Fair Value of Investment (Details)
$ in Thousands

12 Months Ended

Dec. 31, 2019

USD ($)

Dec. 31, 2018

USD ($)

Dec. 31, 2017

USD ($)

Investment in equity securities [Abstract]

Number of shares (in shares) | shares

295,256

^[1]

1,476,280

Cost

$ 3,667

Fair value

$ 2,540

$ 3,656

$ 6,333

Reverse stock split

0.2

[1]	During the year ended December 31, 2019, the investee effected a 5-for-1 reverse stock split.

Investment in equity securities, Movement of Equity Investment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Investment in equity securities [Abstract]
Beginning of period	$ 3,656	$ 6,333
Unrealized loss	(1,116)	(2,677)
End of period	$ 2,540	$ 3,656

Construction in progress (Details) - USD ($) $ in Thousands	12 Months Ended
Construction in progress (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Construction in Progress [Roll Forward]
Balance at beginning of period	$ 254,700	$ 35,413
Additions	315,188	224,871
Transferred to property, plant and equipment, net (Note 12)	(103,301)	(5,584)
Balance at end of period	466,587	254,700	$ 35,413
Interest costs capitalized	$ 25,172	$ 1,732	$ 0

Property, plant and equipment, net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment, Net [Abstract]
Accumulated depreciation	$ (16,911)	$ (9,391)
Total property, plant and equipment, net	192,222	94,040
Depreciation	7,527	3,900	$ 3,214
Cost of Sales [Member]
Property, Plant and Equipment, Net [Abstract]
Depreciation	701	713	$ 453
LNG Liquefaction Facilities [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	66,273	65,631
Gas Terminals [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	52,781	0
Gas Pipelines [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	11,692	0
ISO Containers and Other Equipment [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	54,932	17,792
Land [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	15,401	12,779
Leasehold Improvements [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	$ 8,054	$ 7,229

Intangible assets, net, Composition of intangible assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets Accumulated Amortization	$ 1,337	$ 134
Definite-Lived Intangible Assets Net Carrying Amount	42,379
Total Intangible Assets Gross Carrying Amount	44,877	43,191
Total Intangible Assets Net Carrying Amount	$ 43,540	43,057
Weighted average remaining amortization period for intangible assets	38 years 9 months 18 days
Easements [Member]
Intangible Assets, Net [Abstract]
Indefinite-Lived Intangible Assets Carrying Amount	$ 1,161
Shannon LNG Leases and Permits [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets Gross Carrying Amount	42,157	43,191
Definite-Lived Intangible Assets Accumulated Amortization	1,198	134
Definite-Lived Intangible Assets Net Carrying Amount	$ 40,959	$ 43,057
Definite-Lived Intangible Assets Weighted Average Life	40 years	40 years
Easements [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets Gross Carrying Amount	$ 1,559
Definite-Lived Intangible Assets Accumulated Amortization	139
Definite-Lived Intangible Assets Net Carrying Amount	$ 1,420
Definite-Lived Intangible Assets Weighted Average Life	30 years

Intangible assets, net, Estimated aggregate amortization expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Estimated aggregate amortization expense for next five year [Abstract]
2020	$ 1,116
2021	1,116
2022	1,116
2023	1,116
2024	1,116
Thereafter	36,799
Definite-Lived Intangible Assets Net Carrying Amount	42,379
Amortization	1,114	$ 134
Shannon LNG Leases and Permits [Member]
Estimated aggregate amortization expense for next five year [Abstract]
Definite-Lived Intangible Assets Net Carrying Amount	40,959	$ 43,057
Easements [Member]
Estimated aggregate amortization expense for next five year [Abstract]
Definite-Lived Intangible Assets Net Carrying Amount	$ 1,420

Finance leases, net (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Finance leases, net [Abstract]
Finance leases	$ 290,947	$ 306,832
Unearned income	(198,691)	(213,682)
Total finance leases, net	92,256	93,150
Current portion	1,082	943
Non-current	91,174	$ 92,207
Future Minimum Lease Payments to be Received under Direct Financing Leases [Abstract]
2020	15,986
2021	15,946
2022	15,941
2023	15,947
2024	15,990
Thereafter	211,137
Total	$ 290,947

Other non-current assets (Details) $ in Thousands	12 Months Ended
Other non-current assets (Details) $ in Thousands	Dec. 31, 2019 USD ($) SalesContract	Dec. 31, 2018 USD ($)
Other non-current assets [Abstract]
Port access rights and initial lease costs	$ 17,762	$ 21,871
Nonrefundable deposit	22,262	10,810
Upfront payments to customers	5,904	0
Contract asset (Note 4)	19,474	0
Cost to fulfill (Note 4)	8,508	0
Other	7,716	2,574
Total other non-current assets	$ 81,626	$ 35,255
Number of sales contracts \| SalesContract	2

Accrued liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Accrued liabilities [Abstract]
Accrued construction costs	$ 25,037	$ 41,343
Accrued IPO costs	0	5,296
Accrued bonuses	14,991	12,582
Other accrued expenses	14,915	8,291
Total accrued liabilities	$ 54,943	$ 67,512

Debt, Term Loan Facility (Details) $ in Thousands		12 Months Ended
Debt, Term Loan Facility (Details) $ in Thousands	Mar. 21, 2019 USD ($)	Dec. 31, 2019 USD ($) Lender Extension	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Aug. 16, 2018 USD ($)
Long-term Debt, Current and Noncurrent [Abstract]
Total debt		$ 619,057	$ 272,192
Current portion of debt		0	272,192
Non-current portion of debt		619,057	0
Term Loan Facility [Abstract]
Loss on extinguishment of debt, net		0	(9,568)	$ 0
Term Loan Facility, Due January 21, 2020 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Total debt		$ 495,000	272,192
Maturity date		Jan. 21, 2020
Term Loan Facility [Abstract]
Number of lenders \| Lender		2
Aggregate principal amount		$ 500,000			$ 240,000
Outstanding borrowings	$ 500,000		280,000
Initial borrowing amount	$ 220,000
Debt instrument, basis spread on variable rate		4.00%
Debt instrument, frequency of periodic payment		quarterly
Debt instrument, periodic payment		$ 1,250
Origination and other fees amount			22,422
Loss on extinguishment of debt, net			(9,568)
Unamortized deferred financing cost		0	2,820
Debt instrument, fees paid		$ 4,400	6,380
Reduction in principal balance			9,746
Remaining unamortized deferred financing costs			7,808
Number of extensions for maturity date \| Extension		2
Additional extended maturity period		6 months
Percentage of fee payable in outstanding principal for extension of maturity date		1.00%
Increase in interest rate		0.50%
Term Loan Facility, Due January 21, 2020 [Member] \| Floor Rate [Member]
Term Loan Facility [Abstract]
Debt instrument, basis spread on variable rate		1.00%
Term Loan Facility, Due January 21, 2020 [Member] \| Federal Funds Rate [Member]
Term Loan Facility [Abstract]
Debt instrument, basis spread on variable rate		0.50%
Term Loan Facility, Due January 21, 2020 [Member] \| LIBOR [Member]
Term Loan Facility [Abstract]
Debt instrument, basis spread on variable rate		1.00%
Debt instrument, term of variable rate		1 month
Interest rate plus spread		3.00%
Senior Secured Bonds, due September 2034 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Total debt		$ 70,960	0
Maturity date		Sep. 30, 2034
Senior Secured Bonds, due December 2034 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Total debt		$ 10,823	0
Maturity date		Dec. 31, 2034
Senior Unsecured Bonds, due September 2036 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Total debt		$ 42,274	$ 0
Maturity date		Sep. 30, 2036

Debt, South Power Bonds (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
Debt, South Power Bonds (Details) - USD ($) $ in Thousands	Jan. 31, 2020	Dec. 31, 2019	Sep. 02, 2019	Dec. 31, 2018
Senior Secured and Unsecured Bonds [Abstract]
Debt service reserve account		$ 8,299		$ 0
South Power [Member]
Senior Secured and Unsecured Bonds [Abstract]
Debt service reserve account		8,299
Senior Secured Bonds [Member] \| South Power [Member]
Senior Secured and Unsecured Bonds [Abstract]
Debt instrument, issuable			$ 73,317
Debt instrument, issuable upon completion of certain conditions		63,000
Proceeds from issuance of bonds		$ 10,856
Fixed interest rate		8.25%
Maturity period		15 years
Non-payment of principal due period		7 years
Frequency of payments		Quarterly
Percentage of quarterly principal payment		1.60%
Percentage of balloon payment due upon maturity		50.00%
Senior Secured Bonds [Member] \| South Power [Member] \| Subsequent Events [Member]
Senior Secured and Unsecured Bonds [Abstract]
Proceeds from issuance of bonds	$ 52,144
Senior Unsecured Bonds [Member] \| South Power [Member]
Senior Secured and Unsecured Bonds [Abstract]
Debt instrument, issuable			$ 43,683
Fixed interest rate		11.00%
Maturity date		Sep. 30, 2036
Non-payment of principal due period		9 years
Frequency of payments		Quarterly
Senior Secured Bonds and Senior Unsecured Bonds [Member] \| South Power [Member]
Senior Secured and Unsecured Bonds [Abstract]
Additional fees paid		$ 3,892
Unamortized deferred financing cost		$ 3,799

Debt, Interest Expense (Details) - USD ($) $ in Thousands	12 Months Ended
Debt, Interest Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Interest costs [Abstract]
Amortization of debt issuance costs	$ 5,873	$ 4,023	$ 696
Interest expense	19,412	11,248	6,456
Debt [Member]
Interest costs [Abstract]
Interest per contractual rates	32,283	9,363	5,760
Amortization of debt issuance costs	12,301	3,617	696
Total interest costs	44,584	12,980	6,456
Capitalized interest	25,172	1,732	0
Interest expense	$ 19,412	$ 11,248	$ 6,456

Income taxes, Components of Loss Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Feb. 04, 2019
Loss before Income Taxes [Abstract]
Deferred tax asset	$ 92,524	$ 8,005
Loss before taxes	(203,880)	(78,520)	$ (31,145)
IPO [Member]
Loss before Income Taxes [Abstract]
Deferred tax asset				$ 42,783
United States [Member]
Loss before Income Taxes [Abstract]
Loss before taxes	(194,481)	(74,873)	(32,647)
Foreign [Member]
Loss before Income Taxes [Abstract]
Loss before taxes	$ (9,399)	$ (3,647)	$ 1,502

Income taxes, Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current [Abstract]
Domestic	$ 0	$ 0	$ 0
Foreign	47	7	5
Total current tax expense	47	7	5
Deferred [Abstract]
Domestic	0	0	0
Foreign	392	(345)	521
Total deferred tax expense (benefit)	392	(345)	521
Total provision for (benefit from) income taxes	$ 439	$ (338)	$ 526

Income taxes, Reconciliation of Income tax to Effective Tax Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Effective Tax Rate [Abstract]
Income tax at the statutory rate	21.00%	0.00%	0.00%
Foreign tax rate differential	0.80%	0.40%	(1.70%)
Foreign tax on foreign operations	2.90%	0.00%	0.00%
Foreign permanent adjustments	5.00%	0.00%	0.00%
Income attributable to non-controlling interest	(18.20%)	0.00%	0.00%
Domestic valuation allowance	(2.10%)	0.00%	0.00%
Foreign valuation allowance	(10.80%)	0.00%	0.00%
Other	1.20%	0.00%	0.00%
Effective income tax rate	(0.20%)	0.40%	(1.70%)
Unrecognized tax benefits	$ 0	$ 0	$ 0

Income taxes, Changes in Valuation Allowance on Deferred Tax Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income taxes [Abstract]
Balance at the beginning of the period	$ 241	$ 0
Increase recognized in the statement of operations	80,670	241
Balance at the end of the period	$ 80,911	$ 241

Income taxes, Significant Deferred Tax Asset or Liability (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2018 USD ($)
Deferred Tax Assets [Abstract]
Investment in NFI	$ 46,185		$ 0
Accrued interest	14,047		3,181
Federal and state net operating loss carryforward	3,215		0
Foreign net operating loss carryforward	19,713		4,824
Share-based compensation	8,958		0
Other	406		0
Total deferred tax assets	92,524		8,005
Valuation allowance	(80,911)	$ 0	(241)
Deferred tax assets, net of valuation allowance	11,613		7,764
Deferred Tax Liabilities [Abstract]
Property and equipment	(11,820)		(7,579)
Total deferred tax liabilities	(11,820)		(7,579)
Net deferred tax liabilities	$ (207)
Net deferred tax asset			$ 185
Offset percentage of future taxable income	80.00%
Operating loss carryforwards from foreign subsidiaries	$ 70,932
Corporate income tax rate	0.21	0.35
Federal [Member]
Deferred Tax Liabilities [Abstract]
Operating loss carryforwards	$ 14,549
State [Member]
Deferred Tax Liabilities [Abstract]
Operating loss carryforwards	4,529
Jamaica [Member]
Deferred Tax Liabilities [Abstract]
Operating loss carryforwards from foreign subsidiaries	60,699
Ireland [Member]
Deferred Tax Liabilities [Abstract]
Operating loss carryforwards from foreign subsidiaries	3,946
Puerto Rico and Mexico [Member]
Deferred Tax Liabilities [Abstract]
Operating loss carryforwards from foreign subsidiaries	$ 6,287

Commitments and contingencies (Details) $ in Thousands, gal in Millions, MMBTU in Millions		12 Months Ended
	Feb. 07, 2020 MMBTU	Dec. 31, 2019 USD ($) MMBTU Cargo gal	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)
Estimated Future Cash Payments [Abstract]
Prepaid balance		$ 7,097	$ 16,170
Tangible personal property tax paid			1,033	$ 1,204
Partial rebate from legal proceeding			$ 140
Estimated refund receivable		488
LNG Inventory Purchases [Member]
Estimated Future Cash Payments [Abstract]
2020		276,904
2021		224,872
2022		0
2023		0
2024		0
Prepaid balance		$ 7,097
Number of cargoes \| Cargo		25
Volume of purchase commitment \| gal		875.5
Energy of purchase commitment \| MMBTU		72.4
LNG Inventory Purchases [Member] \| Subsequent Event [Member]
Estimated Future Cash Payments [Abstract]
Energy of purchase commitment \| MMBTU	27.5
Gas Inventory Purchases [Member]
Estimated Future Cash Payments [Abstract]
2020		$ 8,714
2021		6,213
2022		6,205
2023		6,271
2024		$ 12,196
Gas Inventory Purchases [Member] \| Maximum [Member]
Estimated Future Cash Payments [Abstract]
Contractual purchase commitment remaining term		5 years

Earnings per share (Details)
$ / shares in Units, $ in Thousands

1 Months Ended

3 Months Ended

11 Months Ended

12 Months Ended

Feb. 04, 2019

USD ($)

Dec. 31, 2019

USD ($)

$ / shares

Sep. 30, 2019

USD ($)

$ / shares

Jun. 30, 2019

USD ($)

$ / shares

Mar. 31, 2019

USD ($)

$ / shares

Dec. 31, 2018

USD ($)

Sep. 30, 2018

USD ($)

Jun. 30, 2018

USD ($)

Mar. 31, 2018

USD ($)

Dec. 31, 2019

USD ($)

Dec. 31, 2019

USD ($)

$ / shares

Dec. 31, 2018

USD ($)

Dec. 31, 2017

USD ($)

Numerator [Abstract]

Net loss | $

$ (8,003)

$ (38,370)

$ (54,424)

$ (51,233)

$ (60,292)

$ (34,763)

$ (13,681)

$ (18,825)

$ (10,913)

$ (196,316)

$ (204,319)

$ (78,182)

$ (31,671)

Less: net loss attributable to non-controlling interests | $

170,510

106

Net loss attributable to stockholders | $

$ (7,343)

$ (6,723)

$ (6,186)

$ (13,557)

$ (34,729)

$ (13,609)

$ (18,825)

$ (10,913)

$ (33,809)

$ (78,076)

$ (31,671)

Denominator [Abstract]

Weighted-average shares-basic and diluted (in shares)

20,862,555

Net loss per share - basic and diluted (in dollars per share) | $ / shares

$ (0.30)

^[1]

$ (0.30)

^[1]

$ (0.28)

^[1]

$ (0.96)

^[1]

$ (1.62)

Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share Effects Presented in Anti-dilutive [Abstract]

Anti-dilutive securities excluded from computation of diluted weighted average shares outstanding (in shares)

148,563,982

Class B [Member]

Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share Effects Presented in Anti-dilutive [Abstract]

Anti-dilutive securities excluded from computation of diluted weighted average shares outstanding (in shares)

^[2]

144,342,572

IPO [Member]

Subsidiary, Sale of Stock [Line Items]

Share split issued and outstanding shares effected in connection with IPO

2.16

IPO [Member] | Class B [Member]

Subsidiary, Sale of Stock [Line Items]

Effects of reorganization transactions (in shares)

147,058,824

Shares outstanding (in shares)

147,058,824

Unvested RSU [Member]

Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share Effects Presented in Anti-dilutive [Abstract]

Anti-dilutive securities excluded from computation of diluted weighted average shares outstanding (in shares)

^[3]

3,137,415

Shannon Equity Agreement [Member]

Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share Effects Presented in Anti-dilutive [Abstract]

Anti-dilutive securities excluded from computation of diluted weighted average shares outstanding (in shares)

^[4]

1,083,995

[1]	Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.
[2]	Class B shares at the end of the period are considered potentially dilutive Class A shares.
[3]	Represents the number of instruments outstanding at the end of the period.
[4]	Class A shares that would be issued in relation to the Shannon LNG Equity agreement.

Share-based compensation (Details) - Restricted Share Units [Member] $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019 USD ($) $ / shares shares
Number of Shares [Roll Forward]
Non-vested RSUs, beginning balance (in shares) \| shares	0
Granted (in shares) \| shares	5,404,823
Vested and shares issued (in shares) \| shares	(1,284,383)
Forfeited (in shares) \| shares	(983,025)
Non-vested RSUs, ending balance (in shares) \| shares	3,137,415
Weighted Average Grant Date Fair Value Per Share [Abstract]
Non-vested RSUs, beginning balance (in dollars per share) \| $ / shares	$ 0
Granted (in dollars per share) \| $ / shares	13.48
Vested and shares issued (in dollars per share) \| $ / shares	13.53
Forfeited (in dollars per share) \| $ / shares	13.51
Non-vested RSUs, ending balance (in dollars per share) \| $ / shares	$ 13.44
Recognized compensation expense \| $	$ 41,447
Reversal of compensation expense \| $	2,248
Unrecognized compensation cost \| $	$ 18,080
Weighted-average remaining vesting period of non-vested stock (in years)	10 months 10 days
Selling, General and Administrative Expenses [Member]
Weighted Average Grant Date Fair Value Per Share [Abstract]
Recognized compensation expense \| $	$ 40,594
Operations and Maintenance [Member]
Weighted Average Grant Date Fair Value Per Share [Abstract]
Recognized compensation expense \| $	$ 853
Minimum [Member]
Weighted Average Grant Date Fair Value Per Share [Abstract]
Vesting period	10 months
Maximum [Member]
Weighted Average Grant Date Fair Value Per Share [Abstract]
Vesting period	3 years

Stockholder's equity and Members' equity (Details) - USD ($) $ / shares in Units, $ in Thousands		11 Months Ended	12 Months Ended
	Feb. 04, 2019	Dec. 31, 2019	Dec. 31, 2019	Dec. 31, 2018	Jan. 31, 2018
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares issued (in shares)				67,983,095
Percentage of economic interest in NFI	88.00%		85.90%
Percentage of voting rights in NFE			85.90%
Class A [Member]
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares outstanding (in shares)		23,607,096	23,607,096	0
Class B [Member]
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares outstanding (in shares)		144,342,572	144,342,572	0
Members' Capital [Member]
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares issued (in shares)					665,843
Common stock par value (in dollars per share)					$ 0
Shares issued, value					$ 20,150
Common Stock [Member] \| Class A [Member]
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares exchanged (in shares)		2,716,252
Issuance of shares for vested RSUs (in shares)		53,572
Shares outstanding (in shares)		23,607,096	23,607,096
Common Stock [Member] \| Class B [Member]
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Shares exchanged (in shares)		(2,716,252)
Shares outstanding (in shares)		144,342,572	144,342,572

Leases, as lessee (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2019

Dec. 31, 2018

Dec. 31, 2016

Leases [Abstract]

Rental expense

$ 37,069

$ 23,687

$ 17,369

Future Minimum Lease Payments under Non-cancellable Operating Leases [Abstract]

37,776

35,478

18,387

7,083

7,151

26,458

$ 132,333

LNG Vessel Time Charter One [Member] | Minimum [Member]

Leases [Abstract]

Initial lease term

2 years

Renewal of lease term

0 years

Percentage of annual lease payment escalation after year five

0.00%

LNG Vessel Time Charter One [Member] | Maximum [Member]

Leases [Abstract]

Initial lease term

7 years

Renewal of lease term

5 years

Percentage of annual lease payment escalation after year five

2.00%

Marine Port Berth [Member]

Leases [Abstract]

Percentage of lease payment escalation after year five

^[1]

15.00%

Lease payment escalation term

^[1]

5 years

Percentage of annual lease payment subsequent to escalation term

^[1]

2.25%

Marine Port Berth [Member] | Minimum [Member]

Leases [Abstract]

Initial lease term

20 years

Renewal of lease term

0 years

Marine Port Berth [Member] | Maximum [Member]

Leases [Abstract]

Initial lease term

25 years

Renewal of lease term

20 years

Office Space Lease One [Member] | Minimum [Member]

Leases [Abstract]

Initial lease term

1 month

Renewal of lease term

0 years

Percentage of annual lease payment escalation after year five

2.50%

Office Space Lease One [Member] | Maximum [Member]

Leases [Abstract]

Initial lease term

7 years

Renewal of lease term

5 years

Percentage of annual lease payment escalation after year five

5.00%

[1]	One marine port berth lease has a 15% lease payment escalation after year five with annual escalations of 2.25% in subsequent years.

Related party transactions (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Aug. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2016
Related party transaction [Abstract]
Administrative and general expenses		$ 7,942	$ 5,741	$ 3,866
Amount due to affiliates		10,252	4,481
Charter costs		5,367	1,873	2,917
Amounts due from affiliates		$ 1,577	890
DevTech Investment [Member]
Related party transaction [Abstract]
Minority interest percentage in exchange for cash consideration		10.00%
Percentage of note payable purchased by affiliate	10.00%
Note payable due		$ 815	737
Interest expense on note payable		94	18
Amounts due from affiliates		443	365
Fortress [Member]
Related party transaction [Abstract]
Amount due to affiliates		5,083	3,579
Fortress Affiliate [Member]
Related party transaction [Abstract]
Amount due to affiliates		4,286
Florida East Coast Industries [Member]
Related party transaction [Abstract]
Amount due to affiliates		0	597
Florida East Coast Industries [Member] \| Selling, General and Administrative Expenses [Member]
Related party transaction [Abstract]
Lease expense		223
Florida East Coast Industries [Member] \| Office Building [Member]
Related party transaction [Abstract]
Lease expense		609	0	0
Florida East Coast Industries [Member] \| Leasehold Improvements [Member]
Related party transaction [Abstract]
Lease expense		386
Florida East Coast Industries [Member] \| Land [Member] \| Operations and Maintenance [Member]
Related party transaction [Abstract]
Lease expense		396	260	$ 285
Fortress Affiliated Entities [Member]
Related party transaction [Abstract]
Amount due to affiliates		883	305
Amounts due from affiliates		$ 1,134	$ 525

Related party transactions, Due to/from Affiliates (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Related party transactions [Abstract]
Amounts due to affiliates	$ 10,252	$ 4,481
Amounts due from affiliates	$ 1,577	$ 890

Customer concentrations (Details) $ in Thousands	3 Months Ended								12 Months Ended
Customer concentrations (Details) $ in Thousands	Dec. 31, 2019 USD ($)	Sep. 30, 2019 USD ($)	Jun. 30, 2019 USD ($)	Mar. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Sep. 30, 2018 USD ($)	Jun. 30, 2018 USD ($)	Mar. 31, 2018 USD ($)	Dec. 31, 2019 USD ($) Customer	Dec. 31, 2018 USD ($) Customer	Dec. 31, 2017 USD ($) Customer
Concentration Risk, Net Assets Amount, Geographic Area [Abstract]
Revenues	$ 69,752	$ 49,656	$ 39,766	$ 29,951	$ 31,369	$ 28,424	$ 26,799	$ 25,709	$ 189,125	$ 112,301	$ 97,262
United States [Member]
Concentration Risk, Net Assets Amount, Geographic Area [Abstract]
Revenues									21,386	7,214	4,935
Long-Lived Assets	360,860				151,729				360,860	151,729
Outside of United States [Member]
Concentration Risk, Net Assets Amount, Geographic Area [Abstract]
Revenues									167,739	105,087	$ 92,327
Long-Lived Assets	$ 470,749				$ 325,416				$ 470,749	$ 325,416
Total Revenues [Member]
Concentration Risk [Abstract]
Concentration risk, customer \| Customer									2	1	1
Concentration risk									74.00%	87.00%	92.00%
Total Trade Receivables [Member]
Concentration Risk [Abstract]
Concentration risk, customer \| Customer									2	1
Concentration risk									85.00%	93.00%
Finance Leases, Net Balance [Member]
Concentration Risk [Abstract]
Concentration risk									99.00%	98.00%

Unaudited quarterly financial data (Details) - USD ($)
$ / shares in Units, $ in Thousands

1 Months Ended

3 Months Ended

11 Months Ended

12 Months Ended

Feb. 04, 2019

Dec. 31, 2019

Sep. 30, 2019

Jun. 30, 2019

Mar. 31, 2019

Dec. 31, 2018

Sep. 30, 2018

Jun. 30, 2018

Mar. 31, 2018

Dec. 31, 2019

Dec. 31, 2018

Dec. 31, 2017

Unaudited quarterly financial data [Abstract]

Revenues

$ 69,752

$ 49,656

$ 39,766

$ 29,951

$ 31,369

$ 28,424

$ 26,799

$ 25,709

$ 189,125

$ 112,301

$ 97,262

Operating loss

(36,253)

(47,726)

(43,959)

(59,337)

(21,960)

(9,922)

(17,141)

(9,465)

(187,275)

(58,488)

(24,990)

Net loss

$ (8,003)

(38,370)

(54,424)

(51,233)

(60,292)

(34,763)

(13,681)

(18,825)

(10,913)

$ (196,316)

(204,319)

(78,182)

(31,671)

Net loss attributable to stockholders

$ (7,343)

$ (6,723)

$ (6,186)

$ (13,557)

$ (34,729)

$ (13,609)

$ (18,825)

$ (10,913)

$ (33,809)

$ (78,076)

$ (31,671)

Basic and diluted loss per share (in dollars per share)

$ (0.30)

^[1]

$ (0.30)

^[1]

$ (0.28)

^[1]

$ (0.96)

^[1]

$ (1.62)

[1]	Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3000-108585

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-Paragraph 32
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Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
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-Topic 810
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=116874947&loc=SL4591552-111686

+ Details

Subsequent events (Details) $ in Thousands, MMBTU in Millions			12 Months Ended
	Feb. 07, 2020 MMBTU	Jan. 10, 2020 USD ($)	Dec. 31, 2019 USD ($) MMBTU	Dec. 31, 2018 USD ($)	Aug. 16, 2018 USD ($)
Credit Agreement [Abstract]
Outstanding principal amount			$ 619,057	$ 272,192
Term Loan Facility, Due January 21, 2020 [Member]
Credit Agreement [Abstract]
Aggregate principal amount			$ 500,000		$ 240,000
Variable interest rate			4.00%
Outstanding principal amount			$ 495,000	$ 272,192
LNG Inventory Purchases [Member]
Credit Agreement [Abstract]
Energy of Purchase Commitment \| MMBTU			72.4
Subsequent Events [Member] \| Credit Agreement [Member]
Credit Agreement [Abstract]
Aggregate principal amount		$ 800,000
Debt maturity date		Jan 2023
Variable interest rate		6.25%
Increase in interest rate		1.50%
Subsequent Events [Member] \| Credit Agreement [Member] \| Interest Rate Floor [Member]
Credit Agreement [Abstract]
Variable interest rate		1.50%
Subsequent Events [Member] \| LNG Inventory Purchases [Member]
Credit Agreement [Abstract]
Energy of Purchase Commitment \| MMBTU	27.5

Schedule I - Condensed Financial Information of Registrant, Condensed Balance Sheets (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current assets [Abstract]
Cash and cash equivalents	$ 27,098	$ 78,301
Total current assets	211,120	153,780
Total assets	1,123,814	699,402
Stockholders' equity [Abstract]
Members' capital, no par value, 500,000,000 shares authorized, 67,983,095 shares issued and outstanding as of December 31, 2018	0	426,741
Accumulated deficit	(45,823)	(158,423)
Accumulated other comprehensive loss	(30)	(11)
Total stockholders' equity	387,324	282,647	$ 278,910	$ 289,370
Total liabilities and stockholders' equity	1,123,814	$ 699,402
Members' capital, par value (in dollars per share)		$ 0
Members' capital, shares authorized (in shares)		500,000,000
Members' capital, shares issued (in shares)		67,983,095
Members' capital, shares outstanding (in shares)		67,983,095
Class A [Member]
Stockholders' equity [Abstract]
Common stock	$ 130,658	$ 0
Common stock, shares issued (in shares)	23,607,096	0
Common stock, shares outstanding (in shares)	23,607,096	0
Class B [Member]
Stockholders' equity [Abstract]
Common stock	$ 0	$ 0
Common stock, shares issued (in shares)	144,342,572	0
Common stock, shares outstanding (in shares)	144,342,572	0
New Fortress Energy LLC [Member]
Current assets [Abstract]
Cash and cash equivalents	$ 0
Total current assets	0
Investment in subsidiaries	84,805
Total assets	84,805
Stockholders' equity [Abstract]
Members' capital, no par value, 500,000,000 shares authorized, 67,983,095 shares issued and outstanding as of December 31, 2018	0
Accumulated deficit	(45,823)
Accumulated other comprehensive loss	(30)
Total stockholders' equity	84,805
Total liabilities and stockholders' equity	84,805
New Fortress Energy LLC [Member] \| Class A [Member]
Stockholders' equity [Abstract]
Common stock	$ 130,658
Common stock, shares issued (in shares)	23,607,096
Common stock, shares outstanding (in shares)	23,607,096
New Fortress Energy LLC [Member] \| Class B [Member]
Stockholders' equity [Abstract]
Common stock	$ 0
Common stock, shares issued (in shares)	144,342,572
Common stock, shares outstanding (in shares)	144,342,572
New Fortress Energy Holdings [Member]
Current assets [Abstract]
Cash and cash equivalents		$ 42
Total current assets		42
Investment in subsidiaries		268,265
Total assets		268,307
Stockholders' equity [Abstract]
Members' capital, no par value, 500,000,000 shares authorized, 67,983,095 shares issued and outstanding as of December 31, 2018		426,741
Accumulated deficit		(158,423)
Accumulated other comprehensive loss		(11)
Total stockholders' equity		268,307
Total liabilities and stockholders' equity		$ 268,307
Members' capital, par value (in dollars per share)		$ 0
Members' capital, shares authorized (in shares)		500,000,000
Members' capital, shares issued (in shares)		67,983,095
Members' capital, shares outstanding (in shares)		65,665,037
New Fortress Energy Holdings [Member] \| Class A [Member]
Stockholders' equity [Abstract]
Common stock		$ 0
Common stock, shares issued (in shares)		0
Common stock, shares outstanding (in shares)		0
New Fortress Energy Holdings [Member] \| Class B [Member]
Stockholders' equity [Abstract]
Common stock		$ 0
Common stock, shares issued (in shares)		0
Common stock, shares outstanding (in shares)		0

Schedule I - Condensed Financial Information of Registrant, Condensed Statements of Operations and Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended								11 Months Ended	12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Statement [Abstract]
Selling, general and administrative										$ (152,922)	$ (62,137)	$ (33,343)
Operating loss	$ (36,253)	$ (47,726)	$ (43,959)	$ (59,337)	$ (21,960)	$ (9,922)	$ (17,141)	$ (9,465)		(187,275)	(58,488)	(24,990)
Other income, net										2,807	784	301
Tax expense (benefit)										439	(338)	526
Net loss attributable to stockholders	$ (7,343)	$ (6,723)	$ (6,186)	$ (13,557)	$ (34,729)	$ (13,609)	$ (18,825)	$ (10,913)		(33,809)	(78,076)	(31,671)
Other comprehensive (loss) income									$ (219)		(2,677)	1,303
Comprehensive loss attributable to stockholders										(33,839)	(80,753)	(30,368)
New Fortress Energy LLC [Member]
Income Statement [Abstract]
Selling, general and administrative										0
Operating loss										0
Other income, net										106
Income (loss) before taxes and equity in net loss of subsidiaries										106
Tax expense (benefit)										0
Equity in net loss of subsidiaries										(33,915)
Net loss attributable to stockholders										(33,809)
Other comprehensive (loss) income										(30)
Comprehensive loss attributable to stockholders										$ (33,839)
New Fortress Energy Holdings [Member]
Income Statement [Abstract]
Selling, general and administrative											(179)	(40)
Operating loss											(179)	(40)
Other income, net											337	0
Income (loss) before taxes and equity in net loss of subsidiaries											158	(40)
Tax expense (benefit)											0	0
Equity in net loss of subsidiaries											(78,234)	(31,631)
Net loss attributable to stockholders											(78,076)	(31,671)
Other comprehensive (loss) income											(2,677)	1,303
Comprehensive loss attributable to stockholders											$ (80,753)	$ (30,368)

Schedule I - Condensed Financial Information of Registrant, Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities [Abstract]
Net Loss	$ (7,343)	$ (6,723)	$ (6,186)	$ (13,557)	$ (34,729)	$ (13,609)	$ (18,825)	$ (10,913)	$ (33,809)	$ (78,076)	$ (31,671)
Adjustments for:
Net cash used in operating activities									(234,261)	(93,227)	(54,892)
Cash flows from investing activities [Abstract]
Net cash used in investing activities									(376,164)	(184,455)	(29,858)
Cash flows from financing activities [Abstract]
Proceeds from IPO									274,948	0	0
Repayment of affiliate note									0	0	(120)
Capital contributed from Members									0	20,150	20,100
Collection of subscription receivable									0	50,000	0
Net cash provided by financing activities									602,607	260,204	13,960
Net (decrease) in cash, cash equivalents and restricted cash									(7,818)	(17,478)	(70,790)
Cash, cash equivalents and restricted cash - beginning of period				100,853				118,331	100,853	118,331	189,121
Cash, cash equivalents and restricted cash - end of period	93,035				100,853				93,035	100,853	118,331
New Fortress Energy LLC [Member]
Cash flows from operating activities [Abstract]
Net Loss									(33,809)
Adjustments for:
Equity in net losses of subsidiaries									33,915
Net cash used in operating activities									106
Cash flows from investing activities [Abstract]
Investment in subsidiaries									(275,054)
Net cash used in investing activities									(275,054)
Cash flows from financing activities [Abstract]
Proceeds from IPO									274,948
Repayment of affiliate note									0
Capital contributed from Members									0
Collection of subscription receivable									0
Net cash provided by financing activities									274,948
Net (decrease) in cash, cash equivalents and restricted cash									0
Cash, cash equivalents and restricted cash - beginning of period				0					0
Cash, cash equivalents and restricted cash - end of period	$ 0				0				0	0
New Fortress Energy Holdings [Member]
Cash flows from operating activities [Abstract]
Net Loss										(78,076)	(31,671)
Adjustments for:
Equity in net losses of subsidiaries										78,234	31,631
Net cash used in operating activities										158	(40)
Cash flows from investing activities [Abstract]
Investment in subsidiaries										(146,941)	(123,371)
Net cash used in investing activities										(146,941)	(123,371)
Cash flows from financing activities [Abstract]
Proceeds from IPO										0	0
Repayment of affiliate note										0	(120)
Capital contributed from Members										20,150	20,100
Collection of subscription receivable										50,000	0
Net cash provided by financing activities										70,150	19,980
Net (decrease) in cash, cash equivalents and restricted cash										(76,633)	(103,431)
Cash, cash equivalents and restricted cash - beginning of period				$ 42				$ 76,675	$ 42	76,675	180,106
Cash, cash equivalents and restricted cash - end of period					$ 42					$ 42	$ 76,675

Schedule I - Condensed Financial Information of Registrant, Organization and presentation (Details) - USD ($) $ / shares in Units, $ in Thousands			12 Months Ended
	Mar. 01, 2019	Feb. 04, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Organization and presentation [Abstract]
Net proceeds from initial public offering			$ 274,948	$ 0	$ 0
Debt [Abstract]
Debt			619,057	272,192
Class A [Member] \| IPO [Member]
Organization and presentation [Abstract]
Shares issued in initial public offering (in shares)	837,272	20,000,000
IPO price per share (in dollars per share)	$ 14.00	$ 14.00
Net proceeds from initial public offering	$ 11,000	$ 257,000
Debt [Abstract]
Shares issued in initial public offering (in shares)	837,272	20,000,000
New Fortress Energy LLC [Member]
Organization and presentation [Abstract]
Net proceeds from initial public offering			274,948
Debt [Abstract]
Debt			$ 0	$ 0
New Fortress Energy LLC [Member] \| Class A [Member] \| IPO [Member]
Organization and presentation [Abstract]
Shares issued in initial public offering (in shares)	837,272	20,000,000
IPO price per share (in dollars per share)		$ 14.00
Net proceeds from initial public offering	$ 274,900
Debt [Abstract]
Shares issued in initial public offering (in shares)	837,272	20,000,000