0001140361-22-007364 | 10-K | XBRL Viewer

Organization

12 Months Ended

Dec. 31, 2021

1.	Organization

New Fortress Energy Inc. (“NFE,” together with its subsidiaries, the “Company”), a Delaware corporation, is a global integrated gas-to-power infrastructure company that seeks to use natural gas to satisfy the world’s large and growing power needs and is engaged in providing energy and development services to end-users worldwide seeking to convert their operating assets from diesel or heavy fuel oil to LNG. The Company has liquefaction, regasification and power generation operations in the United States, Jamaica, Brazil and Mexico. Subsequent to the Mergers (defined below), the Company has marine operations with vessels operating under time charters and in the spot market globally.

On April 15, 2021, the Company completed the acquisitions of Hygo Energy Transition Ltd. (“Hygo”) and Golar LNG Partners LP (“GMLP”); referred to as the “Hygo Merger” and “GMLP Merger,” respectively and, collectively, the “Mergers”. NFE paid $580 million in cash and issued 31,372,549 shares of Class A common stock to Hygo’s shareholders in connection with the Hygo Merger. NFE paid $3.55 per each common unit of GMLP outstanding and for each of the outstanding membership interests of GMLP’s general partner, totaling $251 million. The Company also repaid certain outstanding debt facilities of GMLP in conjunction with closing the GMLP Merger. The results of operations of Hygo and GMLP and their subsidiaries have been included in the Company’s consolidated financial statements for the period subsequent to the Mergers.

As a result of the Hygo Merger, the Company acquired a 50% interest in a 1.5GW power plant in Sergipe, Brazil (the “Sergipe Power Plant”) and its operating FSRU terminal in Sergipe, Brazil (the “Sergipe Facility”), as well as the Barcarena Facility and Barcarena Power Plant, the Santa Catarina Facility and the Nanook, a newbuild FSRU moored and in service at the Sergipe Facility. As a result of the GMLP Merger, the Company acquired a fleet of six other FSRUs, six LNG carriers and an interest in a floating liquefaction vessel, the Hilli Episeyo (the “Hilli”), each of which are expected to help support the Company’s existing facilities and international project pipeline. The majority of the FSRUs are operating in Brazil, Kuwait, Indonesia, Jamaica and Jordan under time charters, and uncontracted vessels are available for short term employment in the spot market.

The Company currently conducts its business through two operating segments, Terminals and Infrastructure and Ships. The business and reportable segment information reflect how the Chief Operating Decision Maker (“CODM”) regularly reviews and manages the business.

Acquisitions, Unaudited Pro Forma Financial Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Summary of Unaudited Pro Forma Condensed Financial Information [Abstract]
Revenue	$ 1,429,361	$ 813,079
Net income (loss)	75,415	(339,909)
Net income (loss) attributable to stockholders	62,059	(264,075)
Nonrecurring Adjustments [Abstract]
Net income (loss)	$ 97,104	(182,147)	$ (33,809)
Acquisition-related Costs [Member]
Nonrecurring Adjustments [Abstract]
Net income (loss)		$ 37,885

- Definition

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

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+ Details

Leases, as lessee, as lessee, Right-of-use assets, Current Lease Liabilities and Non-Current Lease Liabilities (Details) - USD ($)
$ in Thousands

Dec. 31, 2021

Dec. 31, 2020

Assets [Abstract]

Operating right-of-use-assets

$ 285,751

$ 141,347

Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]

Total right-of-use assets

Finance right-of-use-assets

^[1]

$ 23,912

$ 0

Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]

Total right-of-use assets

$ 309,663

$ 141,347

Current lease liabilities [Abstract]

Operating lease liabilities

$ 43,395

$ 35,481

Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]

Total current lease liabilities

Finance lease liabilities

$ 3,719

$ 0

Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]

Total current lease liabilities

$ 47,114

$ 35,481

Non-current lease liabilities [Abstract]

Operating lease liabilities

$ 219,189

$ 84,323

Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]

Total non-current lease liabilities

Finance lease liabilities

$ 14,871

$ 0

Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]

Total non-current lease liabilities

$ 234,060

$ 84,323

Finance lease right-of-use assets, net of accumulated amortization

$ 622

[1]	Finance lease right-of-use assets are recorded net of accumulated amortization of $622 as of December 31, 2021.

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities
Net income (loss)	$ 92,711	$ (263,965)	$ (204,319)
Adjustments for:
Amortization of deferred financing costs and debt guarantee, net	14,116	10,519	5,873
Depreciation and amortization	99,544	33,303	8,641
(Earnings) losses of equity method investees	(14,443)	0	0
Dividends received from equity method investees	21,365	0	0
Sales-type lease payments received in excess of interest income	2,348	0	0
Change in market value of derivatives	(8,691)	0	0
Contract termination charges and loss on mitigation sales	0	19,114	2,622
Loss on extinguishment and financing expenses	10,975	37,090	0
Deferred taxes	(8,825)	2,754	392
Change in value of Investment of equity securities	(8,254)	0	0
Share-based compensation	37,043	8,743	41,205
Other	(5,271)	4,341	1,247
Changes in operating assets and liabilities net of acquisitions:
(Increase) in receivables	(123,583)	(26,795)	(19,754)
(Increase) Decrease in inventories	(11,152)	23,230	(50,345)
(Increase) in other assets	(1,839)	(35,927)	(39,344)
Decrease in right-of-use assets	28,576	41,452	0
Increase in accounts payable/accrued liabilities	17,527	55,514	3,036
Increase (Decrease) in amounts due to affiliates	108	(1,272)	5,771
(Decrease) in lease liabilities	(36,126)	(42,094)	0
(Decrease) Increase in other liabilities	(21,359)	8,427	10,714
Net cash provided by (used in) operating activities	84,770	(125,566)	(234,261)
Cash flows from investing activities
Capital expenditures	(669,348)	(156,995)	(377,051)
Cash paid for business combinations, net of cash acquired	(1,586,042)	0	0
Entities acquired in asset acquisitions, net of cash acquired	(8,817)	0	0
Other investing activities	(9,354)	(636)	887
Net cash used in investing activities	(2,273,561)	(157,631)	(376,164)
Cash flows from financing activities
Proceeds from borrowings of debt	2,434,650	2,095,269	347,856
Payment of deferred financing costs	(37,811)	(36,499)	(8,259)
Repayment of debt	(461,015)	(1,490,002)	(5,000)
Proceeds from IPO	0	0	274,948
Proceeds from issuance of Class A common stock	0	291,992	0
Payments related to tax withholdings for share-based compensation	(30,124)	(6,413)	0
Payment of dividends	(88,756)	(33,742)	0
Payment of stock issuance costs	0	(1,107)	(6,938)
Net cash provided by financing activities	1,816,944	819,498	602,607
Impact of changes in foreign exchange rates on cash and cash equivalents	6,541	0	0
Net (decrease) increase in cash, cash equivalents and restricted cash	(365,306)	536,301	(7,818)
Cash, cash equivalents and restricted cash - beginning of period	629,336	93,035	100,853
Cash, cash equivalents and restricted cash - end of period	264,030	629,336	93,035
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	108,790	(12,786)	(48,150)
Liabilities associated with consideration paid for entities acquired in asset acquisitions	10,520	0	0
Consideration paid in shares for business combinations	1,400,784	0	0
Cash paid for interest, net of capitalized interest	154,249	27,255	6,765
Cash paid for taxes	$ 17,319	$ 58	$ 28

Leases, as lessee, Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Supplemental cash flow information related to leases [Abstract]
Operating cash outflows for operating lease liabilities	$ 46,066	$ 45,934
Financing cash outflows for finance lease liabilities	2,156	0
Right-of-use assets obtained in exchange for new operating lease liabilities	172,996	182,799
Right-of-use assets obtained in exchange for new finance lease liabilities	$ 24,533	$ 0

Income taxes

12 Months Ended

Dec. 31, 2021

Income taxes [Abstract]

Income taxes

20.	Income taxes

The components of the Company’s income (loss) before income taxes for the years ended December 31, 2021, 2020 and 2019 were as follows:

	Year Ended December 31,
	2021			2020			2019
United States	$	(283,363	)	$	(166,571	)	$	(194,481	)
Foreign		388,535			(92,577	)		(9,399	)
Income (loss) before taxes	$	105,172		$	(259,148	)	$	(203,880	)

Income tax expense is comprised of the following for the years ended December 31, 2021, 2020 and 2019:

	Year Ended December 31,
	2021			2020		2019
Current:
Domestic	$	311		$	-	$	-
Foreign		20,975			2,063		47
Total current tax expense		21,286			2,063		47
Deferred:
Domestic		-			-		-
Foreign		(8,825	)		2,754		392
Total deferred tax expenses (benefit)		(8,825	)		2,754		392
Total provision for (benefit from) income taxes	$	12,461		$	4,817	$	439

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,
	2021			2020			2019
Income tax at the statutory rate		21.0	%		21.0	%		21.0	%
Foreign tax rate differential		(32.3	)		2.9			8.7
US taxation on foreign earnings		9.6			(2.9	)		-
Change in valuation allowance		14.7			(14.1	)		(12.9	)
Income attributable to non-controlling interest		0.8			(6.4	)		(18.2	)
Effects of share based compensation		(8.5	)		-			-
Withholding taxes		9.5			-			-
Income tax credits		(2.4	)		-			-
Other		(0.6	)		(2.4	)		1.2
Effective income tax rate		11.8	%		(1.9	%)		(0.2	%)

As a result of the Mergers, the Company acquired certain operations in jurisdictions that are not subject to income taxes. The effect of these earnings taxed at zero percent, as well as the impact of preferential tax rates are included in the foreign rate differential.

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, 2021 and 2020 are as follows:

	Year Ended December 31,
	2021			2020
Deferred tax assets:
Outside basis difference in partnership	$	-		$	64,553
Accrued interest		26,408			18,885
IRC Section 163(j) interest carryforward		21,782			6,909
Federal and state net operating loss carryforward		19,061			32,145
Foreign net operating loss carryforward		43,735			24,525
Lease liability		60,967			4,383
Goodwill		55,394			-
Other		26,547			7,863
Total deferred tax assets		253,894			159,263
Valuation allowance		(146,269	)		(132,497	)
Deferred tax assets, net of valuation allowance		107,625			26,766

Deferred tax liabilities:
Equity method investments		(252,224	)		-
Property and equipment		(47,205	)		(22,566	)
Lease asset		(62,403	)		(4,215	)
Other		(9,307	)		-
Total deferred tax liabilities	$	(371,139	)	$	(26,781	)
Net deferred tax liabilities	$	(263,514	)	$	(15	)

As of December 31, 2020, the Company effectively held 100% of the interests in a partnership that owned substantially all of the Company’s operations. On January 1, 2021, the partnership interest was contributed to a wholly-owned corporate entity, effectively liquidating the partnership for federal and state income tax purposes. Prior to the liquidation of the partnership, deferred taxes related to the investment in the partnership were recorded as a single outside basis difference in the Company’s financial statements which represented excess tax basis in the investment over the financial statement carrying value. Subsequent to the liquidation, the Company reports deferred tax assets and liabilities for the tax effect of temporary differences between the tax basis and the financial statement carrying values of each underlying asset and liability of the former partnership including tax basis allocated to goodwill.

As a result of the Mergers, the Company recognized net deferred tax liabilities of $269,856 that reflect the impact of the financial statement fair value adjustments, principally the increased value of equity method investments. The Company acquired tax attribute carryforwards including net operating losses in certain jurisdictions which were recorded and offset with a valuation allowance as a result of cumulative losses and the developmental status of the entities with the exception of net operating losses that are realizable as a result of taxable temporary differences related to an equity method investment.

Tax Attributes

United States

As of December 31, 2021, NFE has approximately $87,073 of federal and $17,915 of state net operating loss carry forwards. The federal and state net operating losses are generally allowed to be carried forward indefinitely and can offset up to 80 percent of future taxable income.

Under the provisions of Internal Revenue Code Section 382, certain substantial changes in the Company’s ownership may result in a limitation on the amount of U.S. net operating loss carryforwards that can be utilized annually to offset future taxable income and taxes payable. A portion of the Company’s net operating loss carryforwards are subject to an annual limitation of $5,431 under Section 382 of the Internal Revenue Code.

Foreign Jurisdictions

The Company’s foreign subsidiaries file income tax returns in certain foreign jurisdictions. As of December 31, 2021, the Company’s foreign subsidiaries have approximately $157,149 of net operating loss carry forwards, of which $24,685 will expire, if unused beginning in 2028, and the remaining are allowed to be carried forward indefinitely.

Valuation Allowances

The following table summarizes the changes in the Company’s valuation allowance on deferred tax assets for the years ended December 31, 2021 and 2020:

	Year Ended December 31,
	2021		2020
Balance at the beginning of the period	$	132,497	$	80,911
Change in valuation allowance		13,772		51,586
Balance at the end of the period	$	146,269	$	132,497

NFE recorded a valuation allowance against its US 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. The US jurisdiction is in a cumulative loss position. As of December 31, 2021, 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 for the amount not supported by reversing taxable temporary differences.

The Company recorded a valuation allowance against other foreign deferred tax assets to reduce the net carrying value to an amount that it believes is more likely than not to be realized, generally based on cumulative losses in development stage jurisdictions.

Uncertain Taxes

The following table summarizes the changes in the Company’s unrecognized tax benefits for the years ended December 31, 2021 and 2020:

	Year Ended December 31,
	2021			2020
Balance at the beginning of the period	$	-		$	-
Assumed in the Mergers		12,705			-
Recognized in the income tax provision		(231	)		-
Balance at the end of the period	$	12,474		$	-

The liability for unrecognized tax benefits is included in Other non-current liabilities on the consolidated balance sheets. The Company accrued $1,371 of interest expense during 2021 and has total interest accrued of $3,667 as of December 31, 2021. During the years ended December 31, 2020 and 2019, the Company did not have any unrecognized tax benefits. The Company does not anticipate a material reversal of unrecognized tax benefits during the next 12 months.

In addition to the liabilities for unrecognized income tax benefits assumed in the Mergers, the Company assumed liabilities related to potential employment tax obligations that are accounted for under ASC 450 of $6,309. This liability is also included in Other non-current liabilities on the consolidated balance sheets as the liabilities are not expected to be settled in the next 12 months.

Income Tax Examinations

The Company and its subsidiaries file income tax returns in the U.S. federal and various state and local jurisdictions, as well as various foreign jurisdictions. As a result of the Mergers, the Company has operations in Jordan and Kuwait that are currently under examination. The examinations in Kuwait relate to the 2017 to 2019 tax years and the examinations in Jordan operations relate to the 2015 to 2017 tax years. The Company does not expect the result of the examinations to have a significant impact on income tax expense. The Company filed its first corporate U.S. federal and state income tax returns for the period ended December 31, 2019. The U.S. Federal and state income tax returns filed for tax years 2019 and 2020 are open for examination. The Company is generally open to tax examinations in other foreign jurisdictions for a period of four to six years from the filing of the income tax return.

Undistributed Earnings

As of December 31, 2021, the Company has recorded a deferred tax liability for undistributed earnings of its Indonesian controlled foreign corporation of approximately $2,259. The Company has not recorded a deferred tax liability for undistributed earnings of any other controlled foreign corporation as of December 31, 2021. The Company has unremitted earnings in certain jurisdictions where distributions can be made at no net tax cost. From time to time, the Company may remit these earnings. The Company has the ability and intent to indefinitely reinvest any earnings that cannot be remitted at no net tax cost. It is not practicable to estimate the amount of any additional taxes which may be payable on these undistributed earnings.

Preferential Tax Rates

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 2035.

The Company’s Puerto Rican operations received a tax decree from the Puerto Rico government that affords the Company a 4 percent tax rate on qualifying income until 2035. The effect of the earnings taxed at a 4 percent foreign tax rate is included in the foreign rate differential line in the Company’s effective tax rate. For the years ended December 31, 2021 and 2020, the income tax benefits attributable to the tax decree, before taking into consideration the impact on U.S. taxation and the associated U.S. foreign tax credits, are estimated to be approximately $14,047 ($0.07 per share of issued and outstanding Class A common stock on a diluted basis) and $5,550 ($0.05 per share of issued and outstanding Class A common stock on a diluted basis), respectively.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI http://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Accrued liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Accrued liabilities [Abstract]

Accrued Liabilities

As of December 31, 2021 and 2020, accrued liabilities consisted of the following:

	December 31, 2021		December 31, 2020
Accrued development costs	$	101,177	$	16,631
Accrued interest		61,630		27,938
Accrued bonuses		27,591		17,344
Accrued vessel operating and drydocking expenses		12,767		-
Accrued consideration in asset acquisition		9,330		-
Other accrued expenses		31,530		28,439
Total accrued liabilities	$	244,025	$	90,352

Acquisitions, Asset Acquisitions (Details) - USD ($) $ in Thousands			12 Months Ended
	Mar. 11, 2021	Jan. 12, 2021	Dec. 31, 2021
CH4 Energia Ltda. [Member]
Asset Acquisition [Abstract]
Percentage of outstanding shares acquired		100.00%
Cash consideration at date of merger		$ 903
Maximum future payments contingent on achieving certain construction milestones		3,600
Fair value of contingent payments		3,047
Change in fair value of derivative liability			$ 31
Acquisition related costs		295
Total purchase consideration		5,776
Deferred tax liability recognized on acquisition		$ 1,531
Pecem Energia S.A. and Energetica Camacari Muricy II S.A. [Member]
Asset Acquisition [Abstract]
Term of power purchase agreements	15 years
Cash consideration at date of merger	$ 8,041
Maximum future payments contingent on achieving certain construction milestones	10,500
Fair value of contingent payments	7,473
Maximum future payments payable to shareholders	4,600
Change in fair value of derivative liability			$ 752
Acquisition related costs	1,275
Total purchase consideration	$ 16,585
Pecem Energia S.A. [Member]
Asset Acquisition [Abstract]
Percentage of outstanding shares acquired	100.00%
Energetica Camacari Muricy II S.A. [Member]
Asset Acquisition [Abstract]
Percentage of outstanding shares acquired	100.00%

Debt, 2025 Senior Secured Notes (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Dec. 31, 2021
Senior Secured Notes [Abstract]
Remaining unamortized deferred financing costs	$ 10,439		$ 40,125
2025 Senior Secured Notes [Member]
Senior Secured Notes [Abstract]
Debt instrument, issued	250,000	$ 1,000,000
Fixed interest rate		6.75%
Frequency of payments			semi-annually
Maturity date			Sep. 15, 2025
Fees incurred		$ 17,937
Reduction in principal balance			$ 13,909
Remaining unamortized deferred financing costs	10,439	6,501	$ 8,804
Third party fees		$ 4,028
Proceeds from premium on issuance of secured debt	13,125
Additional financing costs incurred	$ 4,566

Goodwill and intangible assets, Estimated aggregate amortization expense (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Estimated aggregate amortization expense for next five year [Abstract]
2022	$ 37,434
2023	25,979
2024	17,409
2025	4,591
2026	2,335
Thereafter	51,086
Amortization expense	$ 138,834

Leases, as lessee, Future Payments Due under Operating and Finance Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Operating Leases [Abstract]
2022	$ 62,616
2023	49,481
2024	43,071
2025	34,677
2026	26,710
Thereafter	182,480
Total lease payments	399,035
Less: effects of discounting	136,451
Present value of lease liabilities	262,584
Current lease liability	43,395	$ 35,481
Non-current lease liability	$ 219,189	$ 84,323
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Lease Liabilities, Current	Lease Liabilities, Current
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Lease Liabilities, Non-current	Lease Liabilities, Non-current
Weighted-average remaining lease term, operating lease	9 years 3 months 18 days
Weighted average discount rate, operating lease	8.70%	8.30%
Noncancelable term for LNG carrier	7 years
Fixed payments for lease components	$ 198,100
Finance Leases [Abstract]
2022	4,515
2023	4,362
2024	4,381
2025	4,381
2026	2,625
Thereafter	1,030
Total lease payments	21,294
Less: effects of discounting	2,704
Present value of lease liabilities	18,590
Current lease liability	3,719	$ 0
Non-current lease liability	$ 14,871	$ 0
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Lease Liabilities, Current	Lease Liabilities, Current
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Lease Liabilities, Non-current	Lease Liabilities, Non-current
Weighted-average remaining lease term, finance lease	5 years 1 month 6 days
Weighted-average discount rate, finance lease	5.10%

Share-based compensation

12 Months Ended

Dec. 31, 2021

Share-based compensation [Abstract]

Share-based compensation

23.	Share-based compensation

RSUs

The Company has granted RSUs to select officers, employees, non-employee members of the board of directors and select non-employees under the New Fortress Energy Inc. 2019 Omnibus Incentive Plan. The fair value of RSUs on the grant date is estimated 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, 2021:

	Restricted Stock Units			Weighted-average grant date fair value per share
Non-vested RSUs as of December 31, 2020		1,538,060		$	13.49
Granted		-			-
Vested		(818,846	)		13.45
Forfeited		(42,876	)		13.71
Non-vested RSUs as of December 31, 2021		676,338		$	13.49

The following table summarizes the share-based compensation expense for the Company’s RSUs recorded for the years ended December 31, 2021, 2020 and 2019:

	Year Ended December 31,
	2021		2020		2019
Operations and maintenance	$	848	$	800	$	853
Selling, general and administrative		5,728		7,943		40,594
Total share-based compensation expense	$	6,576	$	8,743	$	41,447

For the years ended December 31, 2021, 2020 and 2019, cumulative compensation expense recognized for forfeited RSU awards of $212, $914 and $2,248, respectively, was reversed. The Company recognizes the income tax benefits resulting from vesting of RSUs in the period of vesting, to the extent the compensation expense has been recognized.

As of December 31, 2021, the Company had 676,338 non-vested RSUs subject to service conditions and had unrecognized compensation costs of approximately $1,031. 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 0.18 years as of December 31, 2021.

Performance Share Units (“PSUs”)

During the first quarter of 2020 and 2021, the Company granted PSUs to certain employees and non-employees that contain a performance condition. Vesting is determined based on achievement of a performance metric for the year subsequent to the grant, and the number of shares that will vest can range from zero to a multiple of units granted. During the fourth quarter of 2021, the Company determined that the 2020 Grant will vest at a multiple of two, resulting in vesting of 2,219,554 PSUs. Compensation cost for the full service period since the grant date of $30,467 was recognized in the fourth quarter of 2021. Vesting became probable for the 2020 Grant due to significant cargo sales successfully executed during the fourth quarter of 2021. As of December 31, 2021, the Company determined that it was not probable that the performance condition required for the 2021 Grant to vest would be achieved, and as such, no compensation expense has been recognized for this award.

Unrecognized

Weighted Average

Units Vested /

Compensation

Remaining Vesting

PSUs Granted

Units Granted

Range of Vesting

Probable of Vesting

Cost⁽¹⁾

Period

Q1 2020 (“2020 Grant”)

1,109,777

0 to 2,219,554

2,219,554

Q1 2021 (“2021 Grant”)

400,507

0 to 801,014

31,932

1 year

⁽¹⁾ Unrecognized compensation cost is based upon the maximum amount of shares that could vest.

Leases, as lessee (Tables)

12 Months Ended

Dec. 31, 2021

Leases, as lessee [Abstract]

Right-of-use Assets, Current Lease Liabilities and Non-current Lease Liabilities

As of December 31, 2021 and 2020, right-of-use assets, current lease liabilities and non-current lease liabilities consisted of the following:

	December 31, 2021		December 31, 2020
Operating right-of-use assets	$	285,751	$	141,347
Finance right-of-use assets (1)		23,912		-
Total right-of-use assets	$	309,663	$	141,347

Current lease liabilities:
Operating lease liabilities	$	43,395	$	35,481
Finance lease liabilities		3,719		-
Total current lease liabilities	$	47,114	$	35,481
Non-current lease liabilities:
Operating lease liabilities	$	219,189	$	84,323
Finance lease liabilities		14,871		-
Total non-current lease liabilities	$	234,060	$	84,323

(1) Finance lease right-of-use assets are recorded net of accumulated amortization of $622 as of December 31, 2021.

Components of Operating Lease Costs

For the years ended December 31, 2021 and 2020, the Company’s operating lease cost recorded within the consolidated statements of operations and comprehensive income (loss) were as follows:

	Year Ended December 31,
	2021		2020
Fixed lease cost	$	41,054	$	39,841
Variable lease cost		1,711		2,013
Short-term lease cost		6,974		1,454

Lease cost - Cost of sales	$	41,147	$	36,283
Lease cost - Operations and maintenance		2,343		2,501
Lease cost - Selling, general and administrative		6,249		4,524

Supplemental Cash Flow Information Related to Leases

Cash paid for operating leases is reported in operating activities in the consolidated statements of cash flows. Supplemental cash flow information related to leases was as follows for the years ended December 30, 2021 and 2020:

	Year Ended December 31,
	2021		2020
Operating cash outflows for operating lease liabilities	$	46,066	$	45,934
Financing cash outflows for finance lease liabilities		2,156		-
Right-of-use assets obtained in exchange for new operating lease liabilities		172,996		182,799
Right-of-use assets obtained in exchange for new finance lease liabilities		24,533		-

Future Payments Due under Operating and Financing Lease

The future payments due under operating and finance leases as of December 31, 2021 are as follows:

	Operating Leases		Financing Leases
2022	$	62,616	$	4,515
2023		49,481		4,362
2024		43,071		4,381
2025		34,677		4,381
2026		26,710		2,625
Thereafter		182,480		1,030
Total Lease Payments	$	399,035	$	21,294
Less: effects of discounting		136,451		2,704
Present value of lease liabilities	$	262,584	$	18,590

Current lease liability	$	43,395	$	3,719
Non-current lease liability		219,189		14,871

Acquisitions, GMLP Merger (Details) - USD ($) $ / shares in Units, $ in Thousands		9 Months Ended	12 Months Ended
	Apr. 15, 2021	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Liabilities Assumed [Abstract]
Deferred tax liabilities, net				$ 269,856
Amortization of intangibles			$ 18,609	$ 1,120	$ 1,114
Weighted average amortization period			14 years 8 months 12 days	37 years 6 months
Loss related to settlement of indemnification provision			$ (44,671)	$ (4,028)	$ 0
GMLP Merger [Member]
Consideration Transferred [Abstract]
Cash Consideration	$ 251,329
GMLP debt repaid in acquisition	899,792
Total cash consideration	1,151,121
Cash settlement of preexisting relationship	(3,978)
Total Consideration	$ 1,147,143
Share price (in dollars per share)	$ 3.55
Assets Acquired [Abstract]
Cash and cash equivalents	$ 41,461
Restricted cash	24,816
Accounts receivable	3,195
Inventory	2,151
Other current assets	2,789
Equity method investments	355,500
Property, plant and equipment, net	1,063,215
Intangible assets, net	106,500
Deferred tax assets, net	963
Other non-current assets	4,400
Total assets acquired	1,604,990
Liabilities Assumed [Abstract]
Current portion of long-term debt	158,073
Accounts payable	3,019
Accrued liabilities	17,226
Other current liabilities	73,774
Deferred tax liabilities, net	14,907
Other non-current liabilities	10,630
Total liabilities assumed	277,629
Non-controlling interest	196,156
Net assets acquired	1,131,205
Goodwill	15,938
Increase in goodwill			14,273
Interest expenses recognized			11,119
Amortization of intangibles			$ 415
Fair value of receivables	4,797
Weighted average amortization period			3 years
Loss related to settlement of indemnification provision			$ (3,978)
Revenue from acquisition date		$ 191,437
Net income from acquisition date		$ 111,679
Acquisition related costs			$ 33,907
GMLP Merger [Member] \| Favorable Leases [Member]
Liabilities Assumed [Abstract]
Intangible assets acquired	106,500
Weighted average amortization period			3 years
GMLP Merger [Member] \| Unfavorable Leases [Member]
Liabilities Assumed [Abstract]
Intangible assets acquired	13,400
Weighted average amortization period			1 year
GMLP Merger [Member] \| Common Units [Member]
Consideration Transferred [Abstract]
Cash Consideration	$ 246,021
Share price (in dollars per share)	$ 3.55
Number of shares exchange in business combination (in shares)	69,301,636
GMLP Merger [Member] \| General Partner Interest [Member]
Consideration Transferred [Abstract]
Cash Consideration	$ 5,099
Share price (in dollars per share)	$ 3.55
Number of shares exchange in business combination (in shares)	1,436,391
GMLP Merger [Member] \| Partnership Phantom Units [Member]
Consideration Transferred [Abstract]
Cash Consideration	$ 209
Share price (in dollars per share)	$ 3.55
Number of shares exchange in business combination (in shares)	58,960

Revenue recognition, Lessor Arrangements, Property, Plant and Equipment and Lease Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment Subjected to Operating Lease [Abstract]
Total property, plant and equipment, net	$ 2,137,936	$ 614,206
Components of lease income [Abstract]
Recognized interest income	32,880
Vessel charter revenue recognized	230,809	0	$ 0
Receivables, net	208,499	76,544
Due from affiliates, current	3,299	1,881
CELSE [Member]
Components of lease income [Abstract]
Vessel charter revenue recognized	5,549
Outstanding balances due from affiliates	6,428
Receivables, net	4,371
Due from affiliates, current	2,057
Lessor [Member]
Property, Plant and Equipment Subjected to Operating Lease [Abstract]
Property, plant and equipment	1,274,234	18,394
Accumulated depreciation	(31,849)	(932)
Total property, plant and equipment, net	1,242,385	$ 17,462
Components of lease income [Abstract]
Operating lease income	214,193
Variable lease income	11,067
Total operating lease income	$ 225,260

Construction in progress (Details) - USD ($) $ in Thousands	12 Months Ended
Construction in progress (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Construction in Progress [Roll Forward]
Balance at beginning of period	$ 234,037	$ 466,587
Acquisition of construction in progress from business combinations	128,625	0
Additions	790,395	118,530
Impact of change in FX rates	(6,428)	0
Transferred to property, plant and equipment, net or finance leases	(102,746)	(351,080)
Balance at end of period	1,043,883	234,037	$ 466,587
Interest costs capitalized	$ 30,093	$ 25,924	$ 25,172

Other current liabilities

12 Months Ended

Dec. 31, 2021

Other current liabilities [Abstract]

Other current liabilities

18.	Other current liabilities

As of December 31, 2021 and 2020, other current liabilities consisted of the following:

	December 31, 2021		December 31, 2020
Deferred revenue	$	28,662	$	7,120
Interest rate swaps (Note 8)		21,929		-
Equity agreement (Note 8)		18,163		22,768
Income tax payable		8,881		2,046
Due to affiliates		9,088		8,980
Other current liabilities		19,313		3,072
Total other current liabilities	$	106,036	$	43,986

Deferred revenue includes contract liabilities and prepayments received from lessees under charter agreements. Other primarily consists of the value of unfavorable contracts assumed in the Mergers.

VIEs (Tables)

12 Months Ended

Dec. 31, 2021

VIEs [Abstract]

Summary of Sale and Leaseback Arrangements

The following table gives a summary of the sale and leaseback arrangements, including repurchase options and obligations as of December 31, 2021:

Vessel	End of lease term	Date of next repurchase option	Repurchase price at next repurchase option date		Repurchase obligation at end of lease term
Nanook	September 2030	March 2022	$	199,099	$	94,179
Penguin	December 2025	December 2022		84,668		63,040
Celsius	March 2027	March 2022		98,290		45,000

Summary of Payment Obligations

A summary of payment obligations under the bareboat charters with the lessor VIEs as of December 31, 2021, are shown below:

Vessel	2022		2023		2024		2025		2026			2027	+
Nanook	$	21,810	$	21,197	$	20,608	$	19,971	$	19,358	$	67,153
Penguin		12,003		11,635		11,245		8,196		-		-
Celsius		15,847		15,265		14,695		14,102		12,868		-

Assets and Liabilities of Lessor VIEs

The assets and liabilities of these lessor VIEs that most significantly impact the consolidated balance sheet as of December 31, 2021 are as follows:

	Nanook		Penguin		Celsius
Assets
Restricted cash	$	4,772	$	5,563	$	25,316
Liabilities
Long-term interest bearing debt - current portion	$	-	$	18,798	$	5,799
Long-term interest bearing debt - non-current portion		186,638		71,237		107,474

Assets and Liabilities of Other VIEs

The following table summarizes the balance sheet of PTGI as of December 31, 2021:

Assets	December 31, 2021
Current assets
Cash & cash equivalents	$	3,257
Receivables, net		2,610
Total current assets		5,867

Property, plant and equipment, net		178,440
Intangible assets, net		15,595
Other non-current assets, net		2,642
Total assets	$	202,544

Liabilities
Accounts payable	$	16,219
Accrued liabilities		907
Other current liabilities		3,664
Total current liabilities		20,790

Deferred tax liabilities, net		2,711
Total liabilities		23,501

Total stockholder’s equity		179,043
Total liabilities and stockholder’s equity	$	202,544

Significant accounting policies (Policies)

12 Months Ended

Dec. 31, 2021

Significant accounting policies [Abstract]

Basis of presentation and principles of consolidation

(a)	Basis of presentation and principles of consolidation

The accompanying consolidated financial statements contained herein were prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). 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 a non-controlling interest. All significant intercompany transactions and balances have been eliminated on consolidation. Certain prior year amounts have been reclassified to conform to current year presentation.

A variable interest entity (“VIE”) is an entity that by design meets any of the following characteristics: (1) lacks sufficient equity to allow the entity to finance its activities without additional subordinated financial support; (2) as a group, equity investors do not have the ability to make significant decisions relating to the entity’s operations through voting rights, do not have the obligation to absorb the expected losses or do not have the right to receive residual returns of the entity; or (3) the voting rights of some investors are not proportional to their obligations to absorb the expected losses of the entity, their rights to receive the expected residual returns of the entity, or both, and substantially all of the entity’s activities either involve or are conducted on behalf of an investor that has disproportionately few voting rights. The primary beneficiary of a VIE is required to consolidate the assets and liabilities of the VIE. The primary beneficiary is the party that has both (1) the power to direct the economic activities of the VIE that most significantly impact the VIE’s economic performance; and (2) through its interest in the VIE, the obligation to absorb the losses or the right to receive the benefits from the VIE that could potentially be significant to the VIE.

The sale and leaseback financings of certain vessels acquired in the Mergers were consummated with VIEs. As part of these financings, the asset was sold to a single asset entity of the lending bank and then leased back. While the Company does not hold an equity investment in these lending entities, these entities are VIEs, and the Company has a variable interest in these lending entities due to the guarantees and fixed price repurchase options that absorb the losses of the VIE that could potentially be significant to the entity. The Company has concluded that it has the power to direct the economic activities that most impact the economic performance as it controls the significant decisions relating to the assets and it has the obligation to absorb losses or the right to receive the residual returns from the leased asset. Therefore, the Company consolidates these lending entities; as NFE has no equity interest in these VIEs, all equity attributable to these VIEs is included in non-controlling interest in the consolidated financial statements. Transactions between our wholly-owned subsidiaries and these VIEs are eliminated in consolidation, including sale leaseback transactions.

Noncontrolling interests are classified as a separate component of equity on the consolidated balance sheets and consolidated statements of changes in stockholders’ equity. Additionally, net income (loss) and comprehensive income (loss) attributable to noncontrolling interests are reflected separately from consolidated net income (loss) and comprehensive income (loss) in the consolidated statements of operations and comprehensive income (loss) and consolidated statements of changes in stockholders’ equity. Any change in ownership of a subsidiary while the controlling financial interest is retained is accounted for as an equity transaction between the controlling and noncontrolling interests. Losses continue to be attributed to the noncontrolling interests, even when the noncontrolling interests’ basis has been reduced to zero.

Use of estimates

(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 allocations between revenue and lease components of contracts with customers, the incremental borrowing rates used in the determination of lease liabilities, total consideration and fair value of identifiable net assets related to acquisitions and the 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.

Foreign currencies

(c)	Foreign currencies

The Company has certain foreign subsidiaries in which the functional currency is the local currency. All of the assets and liabilities of these subsidiaries are translated 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. The effects of translating financial statements of foreign operations into our reporting currency are recognized as a cumulative translation adjustment in accumulated 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) expense, net in the consolidated statements of operations and comprehensive income (loss). Gains and losses on intercompany foreign currency transactions that are long-term in nature and which the Company does not intend to settle in the foreseeable future, are also recognized in accumulated other comprehensive income (loss). Accumulated foreign currency translation adjustments are reclassified from accumulated other comprehensive income (loss) to net income only when realized upon sale or upon complete or substantially complete liquidation of the investment in a foreign entity. If the Company commits to a plan to sell or liquidate a foreign entity, accumulated foreign currency translation adjustments would be included in carrying amounts in impairment assessments.

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

Receivables are reported at amortized cost, net of an allowance for current expected credit losses. Amounts are written off against the allowance when management is certain that outstanding amounts will not be collected. The Company estimates expected credit losses based on relevant information about the current credit quality of customers, past events, including historical experience, and reasonable and supportable forecasts that affect the collectability of the reported amount. Credit loss expense, inclusive of credit loss expense on all categories of financial assets, is recorded within Selling, general and administrative in the consolidated statements of operations and comprehensive income (loss).

Inventories

(g)	Inventories

LNG and natural gas inventories and automotive diesel oil 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 income (loss) in instances where gas cannot be contained and recycled back into the production process.

Construction in progress

(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 are associated with activities that could 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.

Property, plant and equipment, net

(i)	Property, plant and equipment, net

Property, plant and equipment is initially recorded at cost. Expenditures for construction activities and betterments that extend the useful life of the asset are capitalized. Vessel refurbishment costs are capitalized and depreciated over the vessels’ remaining useful economic lives. Refurbishment costs increase the capacity or improve the efficiency or safety of vessels and equipment. Expenditures for routine maintenance and repairs for assets in the Terminals and Infrastructure segment are charged to expense as incurred within Operations and maintenance in the consolidated statements of operations and comprehensive income (loss); such expenditures for assets in the Ships segment that do not improve the operating efficiency or extend the useful lives of the vessels are expensed as incurred within Vessel operating expenses.

Major maintenance and overhauls of the Company’s power plant and terminals are capitalized and depreciated over the expected period until the next anticipated major maintenance or overhaul. Drydocking expenditures are capitalized when incurred and amortized over the period until the next anticipated drydocking, which is generally five years. For vessels, the Company utilizes the “built-in overhaul” method of accounting. The built-in overhaul method is based on the segregation of vessel costs into those that should be depreciated over the useful life of the vessel and those that require drydocking at periodic intervals to reflect the different useful lives of the components of the assets. The estimated cost of the drydocking component is depreciated until the date of the first drydocking following acquisition of the vessel, upon which the cost is capitalized and the process is repeated. If drydocking occurs prior to the expected timing, a cumulative adjustment to recognize the change in expected timing of drydocking is recognized within Depreciation and amortization in the consolidated statements of operations and comprehensive income (loss).

The Company depreciates property, plant and equipment less the estimate residual value 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)
Vessels	5-30
Terminal and power plant equipment	4-24
CHP facilities	4-20
Gas terminals	5-24
ISO containers and associated equipment	3-25
LNG liquefaction facilities	20-40
Gas pipelines	4-24
Leashold improvements	2-20

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 income (loss). When a vessel is disposed, any unamortized drydocking expenditure is recognized as part of the gain or loss on disposal in the period of disposal.

Impairment of long-lived assets

(j)	Impairment of long-lived assets

The Company performs a recoverability assessment of 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 identify any indicators of impairment and did not record an impairment during the years ended December 31, 2021, 2020 and 2019.

Investments in equity securities

(k)	Investments in equity securities

Investments in equity securities are carried at fair value and included in Other non-current assets on the consolidated balance sheets, with gains or losses recorded in earnings in Other (income) expense, net in the consolidated statements of operations and comprehensive income (loss).

Intangible assets

(l)	Intangible assets

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 it is more likely than not that the asset is impaired. Indefinite lived intangible assets are evaluated for impairment either under the qualitative assessment option or the two-step quantitative test. If the carrying amount of an intangible asset being tested for impairment exceeds its fair value, the excess is recognized as impairment expense in the consolidated statements of operations and comprehensive income (loss).

Goodwill

(m)

Goodwill

Goodwill includes the excess of the purchase price over the fair value of the net tangible and intangible assets associated with the Mergers.

The Company reviews the carrying values of goodwill at least annually to assess impairment since these assets are not amortized. An annual impairment review is conducted as of October 1^st of each year. Additionally, the Company reviews the carrying value of goodwill whenever events or changes in circumstances indicate that its carrying amount may not be recoverable.

For an annual goodwill impairment assessment, an optional qualitative analysis may be performed. If the option is not elected or if it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then a two-step goodwill impairment test is performed to identify potential goodwill impairment and to measure an impairment loss. A qualitative analysis was elected for the year ended December 31, 2021.

A goodwill impairment assessment compares the fair value of a respective reporting unit with its carrying amount, including goodwill. The estimate of fair value of the respective reporting unit is based on the best information available as of the date of assessment, which primarily incorporates assumptions about operating results, business plans, income projections, anticipated future cash flows and market data. If goodwill is determined to be impaired, an impairment loss, measured at the amount by which the reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill, is recorded.

There was no impairment of goodwill for the year ended December 31, 2021.

Long-term debt and debt issuance costs

(o)	Long-term debt and debt issuance costs

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. Unamortized debt issuance costs associated with the revolving credit agreement, commercial paper and other similar arrangements are presented as an asset (regardless of whether there are any amounts outstanding under the credit facility) and amortized over the life of the particular arrangement. 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.

Contingencies

(p)	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.

Revenue recognition

(q)	Revenue recognition

Terminals and Infrastructure

Within the Terminals and Infrastructure segment, the Company’s contracts with customers may contain one or several performance obligations usually consisting of the sale of LNG, natural gas, power and steam, which are outputs from the Company’s natural gas-fueled infrastructure and the sale of LNG cargos. The transaction price for each of these contracts is structured using similar inputs and factors regardless of the output delivered to the customer. The customers consume the benefit of the natural gas, power and steam when they are delivered by the Company to the customer’s power generation facilities or interconnection facility. Natural gas, power and steam qualify as a series with revenue being recognized over time using an output method, based on the quantity of natural gas, power or steam that the customer has consumed. LNG is delivered in containers transported by truck to customer sites but may also be delivered via vessel to an unloading point specified in a contract. Revenue from sales of LNG is recognized at the point in time at which physical possession and the risks and rewards of ownership transfer to the customer, depending on the terms of the contract. Because the nature, timing and uncertainty of revenue and cash flows are substantially the same for LNG, natural gas, power and steam, the Company has presented Operating revenue on an aggregated basis.

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

The Company’s contracts with customers to supply natural gas or LNG may contain a lease of equipment, which may be accounted for as a finance or operating lease. For the Company’s operating leases, the Company has elected the practical expedient to combine revenue for the sale of natural gas or LNG and operating lease income as the timing and pattern of transfer of the components are the same. The Company has concluded that the predominant component of the transaction is the sale of natural gas or LNG and therefore has not separated the lease component. The lease component of such operating leases is recognized as Operating revenue in the consolidated statements of operations and comprehensive income (loss). The Company allocates consideration in agreements containing finance leases 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 current and non-current portion of finance leases are recorded within Prepaid expenses and other current assets and Finance leases, net on the consolidated balance sheets, respectively. For finance leases accounted for as sales-type leases, the profit from the sale of equipment is recognized upon lease commencement in Other revenue in the consolidated statements of operations and comprehensive income (loss). The lease payments for finance leases are segregated into principal and interest components similar to a loan. Interest income is recognized on an effective interest method over the lease term and included in Other revenue in the consolidated statements of operations and comprehensive income (loss). The principal component of the lease payment is reflected as a reduction to the net investment in the lease.

In addition to the revenue recognized from the finance lease components of agreements with customers, Other revenue includes revenue recognized from the construction, installation and commissioning of equipment, inclusive of natural gas delivered for the commissioning process, to transform customers’ facilities to operate utilizing natural gas or to allow customers to receive power or other outputs from our natural gas-fueled power generation facilities. Revenue from these development services is recognized over time as the Company transfers control of the asset to the customer or based on the quantity of natural gas consumed as part of commissioning the customer’s facilities until such time that the customer has declared such conversion services have been completed. If the customer is not able to obtain control over the asset under construction until such services are completed, 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.

The timing of revenue recognition, billings and cash collections results in receivables, contract assets and contract liabilities. Receivables represent unconditional rights to consideration. Contract assets are comprised of the transaction price allocated to completed performance obligations that will be billed to customers in subsequent periods. Contract assets are recognized within Prepaid expenses and other current assets, net and Other non-current assets, net on the consolidated balance sheets. Contract liabilities consist of deferred revenue and are recognized within Other current liabilities on the consolidated balance sheets.

Shipping and handling costs are not considered to be separate performance obligations. 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 income (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.

Ships

Charter contracts for the use of the FSRUs and LNG carriers acquired as part of the Mergers are leases as the contracts convey the right to obtain substantially all of the economic benefits from the use of the asset and allow the customer to direct the use of that asset.

At inception, the Company makes an assessment on whether the charter contract is an operating lease or a finance lease. In making the classification assessment, the Company estimates the residual value of the underlying asset at the end of the lease term with reference to broker valuations. None of the vessel lease contracts contain residual value guarantees. Renewal periods and termination options are included in the lease term if the Company believes such options are reasonably certain to be exercised by the lessee. Generally, lease accounting commences when the asset is made available to the customer, however, where the contract contains specific customer acceptance testing conditions, the lease will not commence until the asset has successfully passed the acceptance test. The Company assesses leases for modifications when there is a change to the terms and conditions of the contract that results in a change in the scope or the consideration of the lease.

For charter contracts that are determined to be finance leases accounted for as sales-type leases, the profit from the sale of the vessel is recognized upon lease commencement in Other revenue in the consolidated statements of operations and comprehensive income (loss). The lease payments for finance leases are segregated into principal and interest components similar to a loan. Interest income is recognized on an effective interest method over the lease term and included in Other revenue in the consolidated statements of operations and comprehensive income (loss). The principal component of the lease payment is reflected as a reduction to the net investment in the lease. Revenue related to operating and service agreements in connection with charter contracts accounted for as sales-type leases are recognized over the term of the charter as the service is provided within Vessel charter revenue in the consolidated statements of operations and comprehensive income (loss).

Revenue includes lease payments under charters accounted for as operating leases and fees for repositioning vessels. Revenue generated from charters contracts is recorded over the term of the charter on a straight-line basis as service is provided and is included in Vessel charter revenue in the consolidated statements of operations and comprehensive income (loss). Lease payments include fixed payments (including in-substance fixed payments that are unavoidable) and variable payments based on a rate or index. For operating leases, the Company has elected the practical expedient to combine service revenue and operating lease income as the timing and pattern of transfer of the components are the same. Variable lease payments are recognized in the period in which the circumstances on which the variable lease payments are based become probable or occur.

Repositioning fees are included in Vessel charter revenues and are recognized at the end of the charter when the fee becomes fixed. However, where there is a fixed amount specified in the charter, which is not dependent upon redelivery location, the fee is recognized evenly over the term of the charter.

Costs directly associated with the execution of the lease or costs incurred after lease inception but prior to the commencement of the lease that directly relate to preparing the asset for the contract are capitalized and amortized in Vessel operating expenses in the consolidated statements of operations and comprehensive income (loss) over the lease term.

The Company’s LNG carriers may participate in an LNG carrier pool collaborative arrangement with Golar LNG Limited, referred to as the Cool Pool. The Cool Pool allows the pool participants to optimize the operation of the pool vessels through improved scheduling ability, cost efficiencies and common marketing. Under the Pool Agreement, the Pool Manager is responsible, as an agent, for the marketing and chartering of the participating vessels and paying certain voyage costs such as port call expenses and brokers’ commissions in relation to employment contracts, with each of the pool participants continuing to be fully responsible for fulfilling the performance obligations in the contract.

The Company is primarily responsible for fulfilling the performance obligations in the time charters of vessels owned by the Company, and the Company is the principal in such time charters. Revenue and expenses for charters of the Company’s vessels that participate in the Cool Pool are presented on a gross basis within Vessel charter revenues and Vessel operating expenses, respectively, in the consolidated statements of operations and comprehensive income (loss). The Company’s allocation of its share of the net revenues earned from the other pool participants’ vessels, which may be either income or expense depending on the results of all pool participants, is reflected on a net basis within Vessel operating expenses in the consolidated statements of operations and comprehensive income (loss).

Leases, as lessee

(r)	Leases, as lessee

Effective January 1, 2020, the Company adopted Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842), using the modified retrospective approach. The Company has entered into lease agreements for the use of LNG vessels, marine port space, office space, land and equipment. Right-of-use (“ROU”) assets recognized for these leases represent the Company’s right to use an underlying asset for the lease term, and the lease liabilities represent the Company’s obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at the lease commencement date based on the estimated present value of fixed lease payments over the lease term.

Leases with terms of 12 months or less are excluded from ROU assets and lease liabilities on the balance sheet, and short-term lease payments are recognized on a straight-line basis over the lease term. Variable payments under short-term leases are recognized in the period in which the obligation that triggers the variable payment becomes probable.

The Company, as lessee, has also elected the practical expedient not to separate lease and non-lease components for marine port space, office space, land and equipment leases. The Company separates the lease and non-lease components for LNG vessel leases. The allocation of lease payments between lease and non-lease components has been determined based on the relative fair value of each component. The fair value of the lease component is estimated based on the estimated standalone price to lease a bareboat LNG vessel. The fair value of the non-lease component is estimated based on the estimated standalone price of operating the respective vessel, inclusive of the costs of the crew and other operating costs.

The Company has elected the land easement practical expedient, which allows the Company to continue to account for pre-existing land easements as intangible assets under the accounting policy that existed before adoption of ASC 842 Leases.

Share-based compensation

(s)	Share-based compensation

The Company adopted the New Fortress Energy Inc. 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 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 recognizes the reversal in compensation expense in the period in which the forfeiture occurs.

During the first quarter of 2020 and 2021, the Company granted performance share units (“PSUs”) to certain employees and non-employees. The PSUs contain a performance condition, and vesting is determined based on achievement of a performance metric in the year subsequent to the grant. Compensation expense is recognized on a straight-line basis over the service period based on the expected attainment of a performance metric. At each reporting period, the Company reassesses the probability of the achievement of the performance metric, and any increase or decrease in share-based compensation expense resulting from an adjustment in the number of shares expected to vest is treated as a cumulative catch-up in the period of adjustment.

Lessor expense recognition

(t)	Lessor expense recognition

Vessel operating expenses, which are recognized when incurred, include crewing, repairs and maintenance, insurance, stores, lube oils, communication expenses and third-party management fees. Voyage expenses principally consist of fuel consumed before or after the term of time charter or when the vessel is off hire. Under time charters, the majority of voyage expenses are paid by customers. To the extent that these costs are a fixed amount specified in the charter, which is not dependent upon redelivery location, the estimated voyage expenses are recognized over the term of the time charter.

Initial direct costs include costs directly related to the negotiation and consummation of the lease are deferred and recognized in Vessel operating expenses over the lease term.

Transaction and integration costs

(u)	Transaction and integration costs

Transaction and integration costs is comprised of costs related to business combinations and include advisory, legal, accounting, valuation and other professional or consulting fees. This caption also includes gains or losses recognized in connection with business combinations, including the settlement of preexisting relationships between the Company and an acquired entity. Financing costs which are not deferred as part of the cost of the financing on the balance sheet are recognized within this caption including fees associated with debt modifications.

Contract termination charges and loss on mitigation sales

(v)	Contract termination charges and loss on mitigation sales

The Company has long-term supply agreements to purchase LNG, and the Company may incur termination charges to the extent that the Company cancels such contractual arrangements. Further, if the Company is unable to take physical possession of a portion of the contracted quantity of LNG 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 cargo is unable to be sold for a price greater than the contracted price. These costs are included in a separate line in the consolidated statements of operations and comprehensive income (loss) because such costs are not related to inventory delivered to the Company’s customers.

During the year ended December 31, 2020, the Company recognized a termination charge of $105,000 associated with an agreement with one of the Company’s LNG suppliers to terminate the obligation to purchase any LNG from this supplier for the remainder of 2020. Loss on mitigation sales of $19,114 were recognized during the year ended December 31, 2020. We did not have such transactions during the year ended December 31, 2021.

Taxation

(w)

Taxation

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 upon ultimate settlement with the relevant tax authority. 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.

The Company has elected to treat amounts incurred under the global intangible low-taxed income (“GILTI”) rules as an expense in the period in which the tax is accrued. Accordingly, no deferred tax assets or liabilities are recorded related to GILTI.

Other taxes

Certain subsidiaries may be subject to payroll taxes, excise taxes, property taxes, sales and use taxes, in addition to 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 expense (income), net in the consolidated statements of operations and comprehensive income (loss).

Net income (loss) per share

(x)	Net income (loss) per share

Basic net income (loss) per share (“EPS”) is computed by dividing net income (loss) attributable to Class A common stock by the weighted average number of shares of Class A common stock outstanding.

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.

Acquisitions

(y)	Acquisitions

Business combinations are accounted for under the acquisition method. On acquisition, the identifiable assets acquired and liabilities assumed are measured at their fair values at the date of acquisition. Any excess of the purchase price over the fair values of the identifiable net assets acquired is recognized as goodwill. Acquisition related costs are expensed as incurred as Transaction and integration costs in the statements of operations and comprehensive income (loss). The results of operations of acquired businesses are included in the Company’s consolidated statements of operations and comprehensive income (loss) from the date of acquisition.

If the assets acquired do not meet the definition of a business, the transaction is accounted for as an asset acquisition and no goodwill is recognized. Costs incurred in conjunction with asset acquisitions are included in the purchase price, and any excess consideration transferred over the fair value of the net assets acquired is reallocated to the identifiable assets based on their relative fair values.

Equity method investments

(z)	Equity method investments

The Company accounts for investments in entities over which the Company has significant influence, but do not meet the criteria for consolidation, under the equity method of accounting. Under the equity method of accounting, the Company’s investment is recorded at cost, or in the case of equity method investments acquired as part of the Mergers, at the acquisition date fair value of the investment. The carrying amount is adjusted for the Company’s share of the earnings or losses, and dividends received from the investee reduce the carrying amount of the investment. The Company allocates the difference between the fair value of investments acquired in the Mergers and the Company’s proportionate share of the carrying value of the underlying assets, or basis difference, across the assets and liabilities of the investee. The basis difference assigned to amortizable net assets is included in Income (loss) from equity method investments in the consolidated statements of operations and comprehensive income (loss). When the Company’s share of losses in an investee equals or exceeds the carrying value of the investment, no further losses are recognized unless the Company has incurred obligations or made payments on behalf of the investee.

The Company periodically assesses if impairment indicators exist at our equity method investments. When an impairment is observed, any excess of the carrying amount over its estimated fair value is recognized as impairment expense when the loss in value is deemed other-than-temporary and included in Other (income) expense, net in the consolidated statements of operations and comprehensive income (loss).

Loss of control of subsidiary

(aa)	Loss of control of subsidiary

When there is a loss of control over a subsidiary, the Company de-consolidates as of the date the Company ceases to have a financial interest. The Company accounts for the deconsolidation of a subsidiary by recognizing a gain or loss in the consolidated statements of operations and comprehensive income (loss), measured by the difference between the aggregate of the fair value of the consolidation received, fair value of any retained non-controlling interest in the former subsidiary and the carrying amount of any non-controlling interest in the former subsidiary with the carrying amount of the former subsidiary’s assets and liabilities. If a change of ownership interest causes a loss of control of a foreign entity, in addition to de-recognizing the assets and liabilities, the Company also de-recognize any amounts previously recorded in other comprehensive income (loss).

Guarantees

(ab)	Guarantees

Guarantees issued by the Company, excluding those that are guaranteeing the Company’s own performance, are recognized at fair value at the time that the guarantees are issued and recognized in Other current liabilities and Other non-current liabilities on the consolidated balance sheets. The guarantee liability is amortized each period as a reduction to Selling, general and administrative expenses. If it becomes probable that the Company will have to perform under a guarantee, the Company will recognize an additional liability if the amount of the loss can be reasonably estimated.

Derivatives

(ac)	Derivatives

As part of the Mergers, the Company acquired derivative positions that were used to reduce market risks associated with interest rates and foreign exchange rates. The Company also accounts for arrangements that require the Company to pay sellers contingent payments in asset acquisitions as derivatives. All derivative instruments are initially recorded at fair value as either assets or liabilities on the consolidated balance sheets and subsequently remeasured to fair value, regardless of the purpose or intent for holding the derivative, unless they qualify for a Normal Purchases and Normal Sales (“NPNS”) exception. The Company has not designated any derivates as cash flow or fair value hedges; however, certain instruments may be considered economic hedges.

Revenues and expenses on contracts that qualify for the NPNS exception are recognized when the underlying physical transaction is delivered. While these contracts are considered derivative financial instruments under ASC 815, Derivatives and Hedging, they are not recorded at fair value, but on an accrual basis of accounting. If it is determined that a transaction designated as NPNS no longer meets the scope exception, the fair value of the related contract is recorded on the balance sheet and immediately recognized through earnings.

Accrued liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Accrued liabilities [Abstract]
Accrued development costs	$ 101,177	$ 16,631
Accrued interest	61,630	27,938
Accrued bonuses	27,591	17,344
Accrued vessel operating and drydocking expenses	12,767	0
Accrued consideration in asset acquisitions	9,330	0
Other accrued expenses	31,530	28,439
Total accrued liabilities	$ 244,025	$ 90,352

Leases, as lessee, Components of Operating Lease Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Operating lease cost [Abstract]
Fixed lease cost	$ 41,054	$ 39,841
Variable lease cost	1,711	2,013
Short-term lease cost	6,974	1,454
Lease cost - Cost of sales	41,147	36,283
Lease cost - Operations and maintenance	2,343	2,501
Lease cost - Selling, general and administrative	6,249	4,524
Capitalized lease cost	15,568	$ 10,457
Rental expense recognized for operating leases	37,069
Interest expense related to finance leases	409
Amortization of right-of-use asset related to finance leases	$ 622

Acquisitions

12 Months Ended

Dec. 31, 2021

Acquisitions [Abstract]

Acquisitions

4.	Acquisitions

Hygo Merger

On April 15, 2021, the Company completed the acquisition of all of the outstanding common and preferred shares representing all voting interests of Hygo, a 50-50 joint venture between Golar LNG Limited (“GLNG”) and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”), in exchange for 31,372,549 shares of NFE Class A common stock and $580,000 in cash. The acquisition of Hygo expands the Company’s footprint in South America with three gas-to-power projects in Brazil’s large and fast-growing market.

Based on the closing price of NFE’s common stock on April 15, 2021, the total value of consideration in the Hygo Merger was $1.98 billion, shown as follows:

Consideration			As of April 15, 2021
Cash consideration for Hygo Preferred Shares	$	180,000
Cash consideration for Hygo Common Shares		400,000
Total Cash Consideration			$	580,000
Merger consideration to be paid in shares of NFE Common Stock		1,400,784
Total Non-Cash Consideration				1,400,784
Total Consideration			$	1,980,784

The Company has determined it is the accounting acquirer of Hygo, which will be accounted for under the acquisition method of accounting for business combinations. The total purchase price of the transaction has been allocated to identifiable assets acquired, liabilities assumed and non-controlling interests of Hygo based on their respective estimated fair values as of the closing date.

The process of estimating the fair values of certain tangible assets, identifiable intangible assets and assumed liabilities requires the use of judgment, including determining the appropriate assumptions and estimates. As of December 31, 2021, the allocation of the purchase price is preliminary due to the finalization of the evaluation of tax related matters. The purchase price allocation will be finalized once such matters have been resolved. Accordingly, the fair value estimates presented below relating to this item is subject to change within the measurement period not to exceed one year from the date of acquisition. Fair values assigned to the assets acquired, liabilities assumed and non-controlling interests of Hygo as of the closing date were as follows:

Hygo	As of April 15, 2021
Assets Acquired
Cash and cash equivalents	$	26,641
Restricted cash		48,183
Accounts receivable		5,126
Inventory		1,022
Other current assets		8,095
Assets under development		128,625
Property, plant and equipment, net		385,389
Equity method investments		823,521
Finance leases, net		601,000
Deferred tax assets, net		1,065
Other non-current assets		52,996
Total assets acquired:	$	2,081,663
Liabilities Assumed
Current portion of long-term debt	$	38,712
Accounts payable		3,059
Accrued liabilities		39,149
Other current liabilities		13,495
Long-term debt		433,778
Deferred tax liabilities, net		254,949
Other non-current liabilities		21,520
Total liabilities assumed:		804,662
Non-controlling interest		40,414
Net assets acquired:		1,236,587
Goodwill	$	744,197

For the year ended December 31, 2021, the Company made certain measurement period adjustments to the assets acquired, liabilities assumed and non-controlling interests of Hygo due to additional information utilized to determine fair value during the measurement period. The measurement period adjustment impacted the fair value of debt assumed, including associated impacts to non-controlling interests and deferred tax liabilities. The measurement period adjustment decreased goodwill by $2,740, and the Company recognized additional interest expense of $1,088 for the year ended December 31, 2021.

The fair value of Hygo’s non-controlling interest (“NCI”) as of April 15, 2021 was $40,414, including the fair value of the net assets of VIEs that Hygo has consolidated. These VIEs are special purpose vehicles (“SPV”) for the sale and leaseback of certain vessels, and Hygo has no equity investment in these entities. The fair value of NCI was determined based on the valuation of the SPV’s external debt and the lease receivable asset associated with the sales leaseback transaction with Hygo’s subsidiary, using a discounted cash flow method.

The fair value of receivables acquired from Hygo is $8,009, which approximates the gross contractual amount; no material amounts are expected to be uncollectible.

Goodwill is calculated as the excess of the purchase price over the net assets acquired. Goodwill represents access to additional LNG and natural gas distribution systems and power markets, including workforce that will allow the Company to rapidly develop and deploy LNG to power solutions. While the goodwill is not deductible for local tax purposes, it is treated as an amortizable expense for the U.S. global intangible low-taxed income (“GILTI”) computation.

The Company’s results of operations for the year ended December 31, 2021 include Hygo’s result of operations from the date of acquisition, April 15, 2021, through December 31, 2021. Revenue and net income attributable to Hygo during the period was $67,089 and $4,551, respectively.

GMLP Merger

On April 15, 2021, the Company completed the acquisition of all of the outstanding common units, representing all voting interests, of GMLP in exchange for $3.55 in cash per common unit and for each of the outstanding membership interest of GMLP’s general partner. In conjunction with the closing of the GMLP Merger, NFE simultaneously extinguished a portion of GMLP’s debt for total consideration of $1.15 billion.

With the acquisition of GMLP, the Company gained vessels to support the existing terminals and business development pipeline, as well as an interest in a floating natural gas liquefaction facility (“FLNG”), which is expected to provide consistent cash flow streams under a long-term tolling arrangement. The interest in the FLNG facility also provides the Company access to intellectual property that will be used to develop future FLNG solutions.

The consideration paid by the Company in the GMLP Merger was as follows:

Consideration				As of April 15, 2021
GMLP Common Units ($3.55 per unit x 69,301,636 units)	$	246,021
GMLP General Partner Interest ($3.55 per unit x 1,436,391 units)		5,099
Partnership Phantom Units ($3.55 per unit x 58,960 units)		209
Cash Consideration				$	251,329
GMLP debt repaid in acquisition		899,792
Total Cash Consideration					1,151,121
Cash settlement of preexisting relationship		(3,978	)
Total Consideration				$	1,147,143

The Company has determined it is the accounting acquirer of GMLP, which will be accounted for under the acquisition method of accounting for business combinations. The total purchase price of the transaction has been allocated to identifiable assets acquired, liabilities assumed and non-controlling interests of GMLP based on their respective estimated fair values as of the closing date.

GMLP	As of April 15, 2021
Assets Acquired
Cash and cash equivalents	$	41,461
Restricted cash		24,816
Accounts receivable		3,195
Inventory		2,151
Other current assets		2,789
Equity method investments		355,500
Property, plant and equipment, net		1,063,215
Intangible assets, net		106,500
Deferred tax assets, net		963
Other non-current assets		4,400
Total assets acquired:	$	1,604,990
Liabilities Assumed
Current portion of long-term debt	$	158,073
Accounts payable		3,019
Accrued liabilities		17,226
Other current liabilities		73,774
Deferred tax liabilities, net		14,907
Other non-current liabilities		10,630
Total liabilities assumed:		277,629
Non-controlling interest		196,156
Net assets to be acquired:		1,131,205
Goodwill	$	15,938

For the year ended December 31, 2021, the Company made certain measurement period adjustments to the assets acquired, liabilities assumed and non-controlling interests of GMLP due to additional information utilized to determine fair value during the measurement period. The measurement period adjustments impacted the fair value of intangible assets acquired and debt assumed, including associated impacts to deferred tax liabilities and non-controlling interests. The measurement period adjustments increased goodwill by $14,273, and the Company recognized amortization of $11,119 of the discount on debt and amortization of $415 of intangibles as an addition to interest expense and amortization expense, respectively, for the period after the GMLP Merger.

The fair value of GMLP’s NCI as of April 15, 2021 was $196,156, which represents the fair value of other investors’ interest in the Mazo, GMLP’s preferred units which were not acquired by the Company and the fair value of net assets of an SPV formed for the purpose of a sale and leaseback of the Eskimo. The fair value of GMLP’s preferred units and the valuation of the SPV’s external debt and the lease receivable asset associated with the sale leaseback transaction have been estimated using a discounted cash flow method.

The fair value of receivables acquired from GMLP is $4,797, which approximates the gross contractual amount; no material amounts are expected to be uncollectible.

The Company acquired favorable and unfavorable leases for the use of GMLP’s vessels. The fair value of the favorable contracts is $106,500 and the fair value of the unfavorable contracts is $13,400. The total weighted average amortization period is approximately three years; the favorable contract asset has a weighted average amortization period of approximately three years and the unfavorable contract liability has a weighted average amortization period of approximately one year.

The Company and GMLP had an existing lease agreement prior to the GMLP Merger. As a result of the acquisition, the lease agreement and any associated receivable and payable balances were effectively settled. The lease agreement also included provisions that required a subsidiary of NFE to indemnify GMLP to the extent that GMLP incurred certain tax liabilities as a result of the lease. A loss of $3,978 related to settlement of this indemnification provision was recognized in Transaction and integration costs in the consolidated statements of operations and comprehensive income (loss) in the second quarter of 2021.

The Company’s results of operations for the year ended December 31, 2021 include GMLP’s result of operations from the date of acquisition, April 15, 2021, through December 31, 2021. Revenue and net income attributable to GMLP during this period was $191,437 and $111,679, respectively.

Acquisition costs associated with the Mergers of $33,907 for the year ended December 31, 2021 were included in Transaction and integration costs in the Company’s consolidated statements of operations and comprehensive income (loss).

Unaudited pro forma financial information

The following table summarizes the unaudited pro forma condensed financial information of the Company as if the Mergers had occurred on January 1, 2020.

	Year Ended December 31,
	2021		2020
Revenue	$	1,429,361	$	813,079
Net income (loss)		75,415		(339,909	)
Net income (loss) attributable to stockholders		62,059		(264,075	)

The unaudited pro forma financial information is based on historical results of operations as if the acquisitions had occurred on January 1, 2020, adjusted for transaction costs incurred, adjustments to depreciation expense associated with the recognition of the fair value of vessels acquired, additional amortization expense associated with the recognition of the fair value of favorable and unfavorable customer contracts for vessel charters, additional interest expense as a result of incurring new debt and extinguishing historical debt, elimination of a pre-existing lease relationship between the Company and GMLP, and a step-up of the equity method investments.

Pro forma net income (loss) for the year ended December 31, 2020 includes non-recurring expenses associated with the Mergers of $37,885; such non-recurring expenses have been removed from the pro forma financial information for the year ended December 31, 2021. Transaction costs incurred and the elimination of a pre-existing lease relationship between the Company and GMLP are considered to be non-recurring. The unaudited pro forma financial information does not give effect to any synergies, operating efficiencies or cost savings that may result from the Mergers.

GLNG management and services agreements

In connection with the closing of the Mergers, the Company entered into multiple agreements with Golar Management Limited, a subsidiary of GLNG (“Golar Management”), including omnibus agreements, transition services agreements, ship management agreements and other services agreements described as follows:

•

The Company and Golar Management entered into transition service agreements whereby Golar Management provides certain administrative and consulting services to facilitate the integration of GMLP and Hygo (the “Transition Services Agreements”). The Transition Services Agreements commenced on April 15, 2021, and will terminate on April 30, 2022 unless terminated earlier by either party. The Company pays Golar Management monthly payments of $329 and will reimburse Golar Management for all reasonable and documented out-of-pocket expenses or remittances of funds paid to a third party in connection with the provision of the Transition Services.

•

The Company’s vessel-owning subsidiaries entered into ship management agreements with Golar Management (the “Ship Management Agreements”), pursuant to which Golar Management provides certain technical, crew, insurance and commercial management services for the acquired vessels for a specified annual cost per vessel. The Ship Management Agreements commenced on April 15, 2021, will continue until terminated by either party by notice, in which event the relevant Ship Management Agreements will terminate upon the later of 12 months after April 15, 2021 or two months from the date on which such notice is received.

•

The Company also entered into certain agreements to facilitate the integration of the acquired businesses and their operations whereby GLNG or its subsidiaries will continue to provide certain guarantees and indemnities under charter arrangements or GMLP’s and Hygo’s sale leaseback agreements. NFE pays the relevant Charter Guarantor or Golar an annual guarantee fee of $250 per vessel.

•

The Company and Golar Management (Bermuda) Limited (“Golar Bermuda”) entered into a services agreement (the “Bermuda Services Agreement”) pursuant to which Golar Bermuda will act as GMLP’s and Hygo’s registered office in Bermuda and provide certain corporate secretarial, registrar and administration services (the “Bermuda Services Agreements”). The Bermuda Services Agreements commenced on April 15, 2021. Either party may terminate the Bermuda Services Agreements upon 30 days’ prior written notice. The Company pays Golar Bermuda an aggregate annual fee of $300 for the Bermuda services and will reimburse Golar Bermuda for all incidental documented costs and expenses reasonably incurred by Golar Bermuda and its designees in connection with the provision of the Bermuda services.

During the period subsequent to the completion of the Mergers, the Company incurred $10,881 for the year ended December 31, 2021 in management, services or guarantee fees under these agreements with GLNG, Golar Management or GLNG affiliated entities.

Asset acquisitions

On January 12, 2021, the Company acquired 100% of the outstanding shares of CH4 Energia Ltda. (“CH4”), an entity that owns key permits and authorizations to develop an LNG terminal and an up to 1.37GW gas-fired power plant at the Port of Suape in Brazil. The purchase consideration consisted of $903 of cash paid at closing in addition to potential future payments contingent on achieving certain construction milestones of up to approximately $3,600. As the contingent payments meet the definition of a derivative, the fair value of the contingent payments as of the acquisition date of $3,047 was included as part of the purchase consideration and was recognized in Other non-current liabilities on the consolidated balance sheets. The selling shareholders of CH4 may also receive future payments based on gas consumed by the power plant or sold to customers from the LNG terminal. For the year ended December 31, 2021, the Company recognized a gain from the change in fair value of the derivative liability of $31, which is presented in Other (income) expense, net in the consolidated statements of operations and comprehensive income (loss).

The purchase of CH4 has been accounted for as an asset acquisition. As a result, no goodwill was recorded, and the Company’s acquisition-related costs of $295 were included in the purchase consideration. The total purchase consideration of $5,776, which includes a deferred tax liability of $1,531 recognized as a result from the acquisition, was allocated to permits and authorizations acquired and was recorded within Intangible assets, net.

On March 11, 2021, the Company acquired 100% of the outstanding shares of Pecém Energia S.A. (“Pecém”) and Energetica Camacari Muricy II S.A. (“Muricy”). These companies collectively hold grants to operate as an independent power provider and 15-year power purchase agreements for the development of thermoelectric power plants in the State of Bahia, Brazil. The Company is seeking to obtain the necessary approvals to transfer the power purchase agreements in connection with the construction the gas-fired power plant and LNG import terminal at the Port of Suape.

The purchase consideration consisted of $8,041 of cash paid at closing in addition to potential future payments contingent on achieving commercial operations of the gas-fired power plant at the Port of Suape of up to approximately $10.5 million. As the contingent payments meet the definition of a derivative, the fair value of the contingent payments as of the acquisition date of $7,473 was included as part of the purchase consideration and was recognized in Other non-current liabilities on the consolidated balance sheets. The selling shareholders may also receive future payments based on power generated by the power plant in Suape, subject to a maximum payment of approximately $4.6 million. For the year ended December 31, 2021, the Company recognized a gain from the change in fair value of the derivative liability of $752, which is presented in Other (income) expense, net in the consolidated statements of operations and comprehensive income (loss).

The purchases of Pecém and Muricy were accounted for as asset acquisitions. As a result, no goodwill was recorded, and the Company’s acquisition-related costs of $1,275 were included in the purchase consideration. Of the total purchase consideration, $16,585 was allocated to acquired power purchase agreements and recorded in Intangible assets, net on the consolidated balance sheets; the remaining purchase consideration was related to working capital acquired.

Prepaid expenses and other current assets (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Prepaid expenses and other current assets [Abstract]
Prepaid expenses	$ 19,951	$ 16,928
Recoverable taxes	31,788	7,335
Due from affiliates	3,299	1,881
Other current assets	28,077	22,126
Total prepaid expenses and other current assets, net	$ 83,115	$ 48,270

Goodwill and intangible assets, Composition of intangible assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Accumulated Amortization		$ (31,378)	$ (2,628)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment		273	3,539
Definite-Lived Intangible Assets, Net Carrying Amount		138,834
Total Intangible Assets, Gross Carrying Amount		174,049	45,191
Total Intangible Assets, Net Carrying Amount		$ 142,944	$ 46,102
Weighted average remaining amortization period for intangible assets		14 years 8 months 12 days	37 years 6 months
Amortization expense		$ 18,609	$ 1,120	$ 1,114
CH4 Energia Ltda. [Member]
Intangible Assets, Net [Abstract]
Asset acquisition	$ 5,776
Pecem Energia S.A. and Energetica Camacari Muricy II S.A. [Member]
Intangible Assets, Net [Abstract]
Asset acquisition	$ 16,585
Easements [Member]
Intangible Assets, Net [Abstract]
Indefinite-Lived Intangible Assets, Carrying Amount		1,191	1,191
Indefinite-lived Intangible Assets, Foreign Currency Translation Adjustment		(14)	83
Indefinite Lived Intangible Assets, Net Carrying Amount		1,177	1,274
Favorable Vessel Charter Contracts [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Gross Carrying Amount		106,500
Definite-Lived Intangible Assets, Accumulated Amortization		(27,074)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment		0
Definite-Lived Intangible Assets, Net Carrying Amount		$ 79,426
Definite-Lived Intangible Assets, Weighted Average Life		3 years
Intangible assets acquired		$ 106,500
Permits and Development Rights [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Gross Carrying Amount		48,217
Definite-Lived Intangible Assets, Accumulated Amortization		(3,311)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment		(119)
Definite-Lived Intangible Assets, Net Carrying Amount		$ 44,787
Definite-Lived Intangible Assets, Weighted Average Life		38 years
Permits [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Gross Carrying Amount			42,441
Definite-Lived Intangible Assets, Accumulated Amortization			(2,438)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment			3,456
Definite-Lived Intangible Assets, Net Carrying Amount			$ 43,459
Definite-Lived Intangible Assets, Weighted Average Life			40 years
Acquired Power Purchase Agreements [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Gross Carrying Amount		$ 16,585
Definite-Lived Intangible Assets, Accumulated Amortization		(750)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment		406
Definite-Lived Intangible Assets, Net Carrying Amount		$ 16,241
Definite-Lived Intangible Assets, Weighted Average Life		17 years
Easements [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Gross Carrying Amount		$ 1,556	$ 1,559
Definite-Lived Intangible Assets, Accumulated Amortization		(243)	(190)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment		0	0
Definite-Lived Intangible Assets, Net Carrying Amount		$ 1,313	$ 1,369
Definite-Lived Intangible Assets, Weighted Average Life		30 years	30 years

Property, plant and equipment, net (Tables)

12 Months Ended

Dec. 31, 2021

Property, plant and equipment, net [Abstract]

Property, Plant and Equipment, Net

As of December 31, 2021 and 2020, the Company’s property, plant and equipment, net consisted of the following:

	December 31, 2021			December 31, 2020
Vessels	$	1,461,211		$	-
Terminal and power plant equipment		206,889			188,855
CHP facilities		122,777			119,723
Gas terminals		167,614			120,810
ISO containers and other equipment		134,775			100,137
LNG liquefaction facilities		63,213			63,213
Gas pipelines		58,987			58,974
Land		55,008			16,246
Leasehold improvements		9,377			8,723
Accumulated depreciation		(141,915	)		(62,475	)
Total property, plant and equipment, net	$	2,137,936		$	614,206

Inventory (Details) - USD ($) $ in Thousands	12 Months Ended
Inventory (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Inventory [Abstract]
LNG and natural gas inventory	$ 16,815	$ 13,986
Automotive diesel oil inventory	4,789	3,986
Bunker fuel, materials, supplies and other	15,578	4,888
Total inventory	37,182	22,860
Inventory adjustments	$ 0	$ 0	$ 251

Commitments and contingencies (Details) - Foreign Tax Authority [Member] JD in Thousands, $ in Thousands, Rp in Millions	12 Months Ended
	Dec. 31, 2021 USD ($)	Dec. 31, 2021 IDR (Rp)	Dec. 31, 2016 USD ($)	Dec. 31, 2016 JOD (JD)	Dec. 31, 2015 USD ($)	Dec. 31, 2015 JOD (JD)
INDONESIA
Income Tax Uncertainties [Abstract]
VAT important waiver revoked	$ 24,000
Tax assessment for land and buildings for 2015 to 2019	$ 3,392	Rp 48,344.4
JORDAN
Income Tax Uncertainties [Abstract]
Additional tax assessed on tax audit			$ 3,100	JD 2,200	$ 1,600	JD 1,100

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Members' Capital [Member]	Common Stock [Member] Class A Shares [Member]	Common Stock [Member] Class B Shares [Member]	Common Stock [Member] Class A Common Stock [Member]	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member] Class A Common Stock [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Non-controlling Interest [Member]	Total	Class A Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Accumulated Deficit [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Accumulated Other Comprehensive (Loss) Income [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Non-controlling Interest [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance at Dec. 31, 2018	$ 426,741	$ 0	$ 0	$ 0	$ 0		$ (158,423)	$ (11)	$ 14,340	$ 282,647
Balance (in shares) at Dec. 31, 2018	67,983,095	0	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)										(204,319)
Balance at Dec. 31, 2019	$ 0	$ 130,658	$ 0	$ 0	0		(45,823)	(30)	302,519	387,324		$ (1,533)	$ 0	$ (7,780)	$ (9,313)
Balance (in shares) at Dec. 31, 2019	0	23,607,096	144,342,572	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)					0		(182,147)	0	(81,818)	(263,965)
Class A stock issued, net of issuance costs				$ 59	290,712		0	0		290,771
Issuance of Class A shares in the IPO, net of underwriting discount and offering costs (in shares)				5,882,352
Issuance of Class A shares in the IPO, net of underwriting discount and offering costs									0
Other comprehensive income (loss)					0		0	212	1,793	2,005
Share-based compensation expense		$ 4,430			4,313		0	0	0	8,743
Exchange of NFI Units		$ 206,587			0		0	0	(206,587)	0
Exchange of NFI Units (in shares)		144,342,572	(144,342,572)
Issuance of shares for vested RSUs					0		0	0	0	0
Issuance of shares for vested RSUs (in shares)		1,224,436		160,317
Shares withheld from employees related to share-based compensation, at cost					(6,468)		0	0	0	(6,468)
Shares withheld from employees related to share-based compensation, at cost (in shares)				(593,911)
Conversion from LLC to Corporation		$ (341,675)		$ 1,687	339,988		0	0	0	0
Conversion from LLC to Corporation (in shares)		(169,174,104)		169,174,104
Dividends					(34,011)					(34,011)
Balance at Dec. 31, 2020		$ 0	$ 0	$ 1,746	594,534		(229,503)	182	8,127	375,086
Balance (in shares) at Dec. 31, 2020		0	0	174,622,862
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)					0		97,104	0	(4,393)	92,711
Other comprehensive income (loss)					0		0	(2,267)	(1,222)	(3,489)
Share-based compensation expense		$ 0			37,043		0	0	0	37,043
Shares issued as consideration in business combinations		$ 0	$ 0	$ 314	1,400,470		0	0	0	1,400,784
Shares issued as consideration in business combinations (in shares)		0	0	31,372,549
Issuance of shares for vested RSUs				$ 9	(9)		0	0	0	0
Issuance of shares for vested RSUs (in shares)		0		1,537,910
Shares withheld from employees related to share-based compensation, at cost					(28,214)		0	0	0	(28,214)
Shares withheld from employees related to share-based compensation, at cost (in shares)				(670,079)
Non-controlling interest acquired in business combinations		$ 0	$ 0	$ 0		$ 0	0	0	236,570	236,570
Deconsolidation of the Eskimo SPV		0	0	0	0		0	0	(28,049)	(28,049)
Dividends					(79,834)					(88,388)	$ (79,834)
Dividends									(8,554)
Balance at Dec. 31, 2021		$ 0	$ 0	$ 2,069	$ 1,923,990		$ (132,399)	$ (2,085)	$ 202,479	$ 1,994,054
Balance (in shares) at Dec. 31, 2021		0	0	206,863,242

Schedule II

12 Months Ended

Dec. 31, 2021

Schedule II [Abstract]

Schedule II

Description	Balance at Beginning of Year		Additions⁽¹⁾⁽²⁾		Deductions			Balance at End of Year

Year ended December 31, 2021

Allowance for expected credit losses	$	545	$	1,614	$	-		$	2,159

Year ended December 31, 2020

Allowance for expected credit losses		-		545		-			545

Year ended December 31, 2019

Allowance for doubtful accounts		257		-		(257	)		-

Note

⁽¹⁾	Amount expensed is included within Selling, general and administrative.

⁽²⁾	Additions in 2020 include the cumulative effect of accounting change upon adoption of ASC 326 of $229 which is included within Accumulated deficit.

Share-based compensation (Tables)

12 Months Ended

Dec. 31, 2021

Share-based compensation [Abstract]

RSU Activity

The following table summarizes the RSU activity for the year ended December 31, 2021:

	Restricted Stock Units			Weighted-average grant date fair value per share
Non-vested RSUs as of December 31, 2020		1,538,060		$	13.49
Granted		-			-
Vested		(818,846	)		13.45
Forfeited		(42,876	)		13.71
Non-vested RSUs as of December 31, 2021		676,338		$	13.49

Share-based Compensation Expense

The following table summarizes the share-based compensation expense for the Company’s RSUs recorded for the years ended December 31, 2021, 2020 and 2019:

	Year Ended December 31,
	2021		2020		2019
Operations and maintenance	$	848	$	800	$	853
Selling, general and administrative		5,728		7,943		40,594
Total share-based compensation expense	$	6,576	$	8,743	$	41,447

PSU Activity

Performance Share Units (“PSUs”)

Unrecognized

Weighted Average

Units Vested /

Compensation

Remaining Vesting

PSUs Granted

Units Granted

Range of Vesting

Probable of Vesting

Cost⁽¹⁾

Period

Q1 2020 (“2020 Grant”)

1,109,777

0 to 2,219,554

2,219,554

Q1 2021 (“2021 Grant”)

400,507

0 to 801,014

31,932

1 year

⁽¹⁾ Unrecognized compensation cost is based upon the maximum amount of shares that could vest.

Segments, Summary of Segment Information (Details)
$ in Thousands

12 Months Ended

Apr. 15, 2021

Carrier

Dec. 31, 2021

USD ($)

Carrier

Segment

Storage

Dec. 31, 2020

USD ($)

Dec. 31, 2019

USD ($)

Segments [Abstract]

Number of reportable segments | Segment

Number of FSRUs acquired | Storage

Number of LNG carriers acquired | Carrier

Statement of operations [Abstract]

Total revenues

$ 1,322,810

$ 451,650

$ 189,125

Cost of sales

616,010

278,767

183,359

Vessel operating expenses

51,677

Operations and maintenance

73,316

47,581

26,899

Segment Operating Margin

581,807

125,302

(21,133)

Balance sheet [Abstract]

Total assets

^[1]

6,876,492

1,908,091

Other segmental financial information [Abstract]

Capital expenditures

^[2]

842,203

^[1]

340,603

^[1]

319,560

Income (loss) from equity method investments

$ 14,443

CELSEPAR [Member]

Other segmental financial information [Abstract]

Equity method ownership percentage

50.00%

Hilli LLC [Member]

Statement of operations [Abstract]

Total revenues

$ 157,550

Other segmental financial information [Abstract]

Equity method ownership percentage

50.00%

Terminals and Infrastructure [Member]

Other segmental financial information [Abstract]

Income (loss) from equity method investments

$ 17,925

Terminals and Infrastructure [Member] | CELSEPAR [Member]

Other segmental financial information [Abstract]

Equity method ownership percentage

50.00%

Terminals and Infrastructure [Member] | Cost of Sales [Member]

Other segmental financial information [Abstract]

Unrealized mark-to-market loss on derivative instruments

$ 2,788

Ships [Member]

Other segmental financial information [Abstract]

Income (loss) from equity method investments

$ 32,368

Ships [Member] | Hilli LLC [Member]

Other segmental financial information [Abstract]

Equity method ownership percentage

50.00%

Operating Segments [Member]

Statement of operations [Abstract]

Total revenues

$ 1,695,750

451,650

189,125

Cost of sales

789,069

278,767

183,359

Vessel operating expenses

67,827

Operations and maintenance

92,424

47,581

26,899

Segment Operating Margin

746,430

125,302

(21,133)

Balance sheet [Abstract]

Total assets

^[1]

6,876,492

1,908,091

Other segmental financial information [Abstract]

Capital expenditures

^[2]

842,203

^[1]

340,603

^[1]

319,560

Operating Segments [Member] | Terminals and Infrastructure [Member]

Statement of operations [Abstract]

Total revenues

^[3]

1,366,142

451,650

189,125

Cost of sales

^[3]

789,069

278,767

183,359

Vessel operating expenses

^[3]

3,442

Operations and maintenance

^[3]

92,424

47,581

26,899

Segment Operating Margin

^[3]

481,207

125,302

(21,133)

Balance sheet [Abstract]

Total assets

^[1],[3]

4,775,392

1,908,091

Other segmental financial information [Abstract]

Capital expenditures

^[2],[3]

833,910

^[1]

340,603

^[1]

319,560

Operating Segments [Member] | Ships [Member]

Statement of operations [Abstract]

Total revenues

^[4]

329,608

Cost of sales

^[4]

Vessel operating expenses

^[4]

64,385

Operations and maintenance

^[4]

Segment Operating Margin

^[4]

265,223

Balance sheet [Abstract]

Total assets

^[1],[4]

2,101,100

Other segmental financial information [Abstract]

Capital expenditures

^[2],[4]

8,293

^[1]

Consolidation and Other [Member]

Statement of operations [Abstract]

Total revenues

^[5]

(372,940)

Cost of sales

^[5]

(173,059)

Vessel operating expenses

^[5]

(16,150)

Operations and maintenance

^[5]

(19,108)

Segment Operating Margin

^[5]

(164,623)

Balance sheet [Abstract]

Total assets

^[1],[5]

Other segmental financial information [Abstract]

Capital expenditures

^[2],[5]

$ 0

^[1]

$ 0

^[1]

$ 0

Equity method ownership percentage

50.00%

[1]	Total assets and capital expenditure by segment refers to assets held and capital expenditures related to the development of the Company’s terminals and vessels. The Terminals and Infrastructure segment includes the net book value of vessels utilized within the Terminals and Infrastructure segment.
[2]	Capital expenditures includes amounts capitalized to construction in progress and additions to property, plant and equipment during the period.
[3]	Terminals and Infrastructure includes the Company’s effective share of revenues, expenses and operating margin attributable to 50% ownership of CELSEPAR. The losses attributable to the investment of $17,925 for the year ended December 31, 2021 are reported in income from equity method investments on the consolidated statements of operations and comprehensive income (loss). Terminals and Infrastructure does not include the unrealized mark-to-market loss on derivative instruments of $2,788 for the year ended December 31, 2021 reported in Cost of sales.
[4]	Ships includes the Company’s effective share of revenues, expenses and operating margin attributable to 50% ownership of the Hilli Common Units. The earnings attributable to the investment of $32,368 for the year ended December 31, 2021 are reported in income from equity method investments on the consolidated statements of operations and comprehensive income (loss).
[5]	Consolidation and Other adjusts for the inclusion of the effective share of revenues, expenses and operating margin attributable to 50% ownership of CELSEPAR and Hilli Common Units in our segment measure and exclusion of the unrealized mark-to-market gain or loss on derviative instruments.

Commitments and contingencies

12 Months Ended

Dec. 31, 2021

Commitments and contingencies [Abstract]

Commitments and contingencies

21.	Commitments and contingencies

Legal proceedings and claims

The Company may be subject to certain legal proceedings, claims and disputes that arise in the ordinary course of business, and the Company has evaluated the contingencies that have been assumed in conjunction with the Mergers. The Company does not believe that these proceedings, individually or in the aggregate, will have a material adverse effect on the Company’s financial position, results of operations or cash flows.

In conjunction with the Mergers, the Company has assumed contingencies for VAT in Indonesia. Indonesian tax authorities have issued letters to PTGI, a consolidated subsidiary, to revoke a previously granted VAT importation waiver for approximately $24,000 for the NR Satu. The Company does not believe it probable that a liability exists as no Tax Underpayment Assessment Notice has been received within the statute of limitations period, and the Company believes PTGI will be indemnified by PT Nusantara Regas, the charterer of the NR Satu, for any VAT liability as well as related interest and penalties under the time charter party agreement.

Prior to the Mergers, Indonesian tax authorities also issued tax assessments for land and buildings tax to PTGI for the years 2015 to 2019 in relation to the NR Satu, for approximately $3,392 (IDR 48,344.4 million). The Company intends to appeal against the assessments for the land and buildings tax as the tax authorities have not accepted the initial objection letter. The Company believes there are reasonable grounds for success on the basis of no precedent set from past case law and the new legislation effective prospectively from January 1, 2020, that now specifically lists FSRUs as being an object liable to land and buildings tax, when it previously did not. The assessed tax was paid in January 2020 to avoid further penalties and the payment is presented in Other non-current assets on the consolidated balance sheets.

Prior to the Mergers, Jordanian tax authorities concluded their tax audit into GMLP’s Jordan branch for the years 2015 and 2016 assessing additional tax of approximately $1,600 (JOD 1.10 million) and $3,100 (JOD 2.20 million), respectively. The Company has submitted an appeal to the tax notice, and a provision has not been recognized as the Company does not believe that the tax inspector has followed the correct tax audit process and the claim by the tax authorities to not allow tax depreciation is contrary to Jordan’s tax legislation.

Accrued liabilities

12 Months Ended

Dec. 31, 2021

Accrued liabilities [Abstract]

Accrued liabilities

17.	Accrued liabilities

As of December 31, 2021 and 2020, accrued liabilities consisted of the following:

	December 31, 2021		December 31, 2020
Accrued development costs	$	101,177	$	16,631
Accrued interest		61,630		27,938
Accrued bonuses		27,591		17,344
Accrued vessel operating and drydocking expenses		12,767		-
Accrued consideration in asset acquisition		9,330		-
Other accrued expenses		31,530		28,439
Total accrued liabilities	$	244,025	$	90,352

Restricted cash (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Restricted cash [Abstract]
Cash held by lessor VIEs	$ 35,651	$ 0
Collateral for letters of credit and performance bonds	27,614	900
Collateral for interest rate swaps	12,500	0
Collateral for performance under customer agreements	0	15,000
Collateral for LNG purchases	0	11,664
Other restricted cash	756	250
Total restricted cash	76,521	27,814
Current restricted cash	68,561	12,814
Non-current restricted cash	7,960	$ 15,000
Minimum [Member]
Restricted Cash [Abstract]
Cash balance required to maintain as financial covenants for sale and leaseback financings	$ 30,000

Prepaid expenses and other current assets (Tables)

12 Months Ended

Dec. 31, 2021

Prepaid expenses and other current assets [Abstract]

Prepaid Expenses and Other Current Assets

As of December 31, 2021 and 2020, prepaid expenses and other current assets consisted of the following:

	December 31, 2021		December 30, 2020
Prepaid expenses		19,951		16,928
Recoverable taxes		31,788		7,335
Due from affiliates		3,299		1,881
Other current assets		28,077		22,126
Total prepaid expenses and other current assets, net	$	83,115	$	48,270

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Business Acquisition [Line Items]

Unaudited Pro Forma Condensed Financial Information

The following table summarizes the unaudited pro forma condensed financial information of the Company as if the Mergers had occurred on January 1, 2020.

	Year Ended December 31,
	2021		2020
Revenue	$	1,429,361	$	813,079
Net income (loss)		75,415		(339,909	)
Net income (loss) attributable to stockholders		62,059		(264,075	)

Hygo Merger [Member]

Business Acquisition [Line Items]

Value Consideration Paid

Based on the closing price of NFE’s common stock on April 15, 2021, the total value of consideration in the Hygo Merger was $1.98 billion, shown as follows:

Consideration			As of April 15, 2021
Cash consideration for Hygo Preferred Shares	$	180,000
Cash consideration for Hygo Common Shares		400,000
Total Cash Consideration			$	580,000
Merger consideration to be paid in shares of NFE Common Stock		1,400,784
Total Non-Cash Consideration				1,400,784
Total Consideration			$	1,980,784

Fair Values Assigned to Assets Acquired, Liabilities Assumed and Non-Controlling Interests

Hygo	As of April 15, 2021
Assets Acquired
Cash and cash equivalents	$	26,641
Restricted cash		48,183
Accounts receivable		5,126
Inventory		1,022
Other current assets		8,095
Assets under development		128,625
Property, plant and equipment, net		385,389
Equity method investments		823,521
Finance leases, net		601,000
Deferred tax assets, net		1,065
Other non-current assets		52,996
Total assets acquired:	$	2,081,663
Liabilities Assumed
Current portion of long-term debt	$	38,712
Accounts payable		3,059
Accrued liabilities		39,149
Other current liabilities		13,495
Long-term debt		433,778
Deferred tax liabilities, net		254,949
Other non-current liabilities		21,520
Total liabilities assumed:		804,662
Non-controlling interest		40,414
Net assets acquired:		1,236,587
Goodwill	$	744,197

GMLP Merger [Member]

Business Acquisition [Line Items]

Value Consideration Paid

The consideration paid by the Company in the GMLP Merger was as follows:

Consideration				As of April 15, 2021
GMLP Common Units ($3.55 per unit x 69,301,636 units)	$	246,021
GMLP General Partner Interest ($3.55 per unit x 1,436,391 units)		5,099
Partnership Phantom Units ($3.55 per unit x 58,960 units)		209
Cash Consideration				$	251,329
GMLP debt repaid in acquisition		899,792
Total Cash Consideration					1,151,121
Cash settlement of preexisting relationship		(3,978	)
Total Consideration				$	1,147,143

Fair Values Assigned to Assets Acquired, Liabilities Assumed and Non-Controlling Interests

GMLP	As of April 15, 2021
Assets Acquired
Cash and cash equivalents	$	41,461
Restricted cash		24,816
Accounts receivable		3,195
Inventory		2,151
Other current assets		2,789
Equity method investments		355,500
Property, plant and equipment, net		1,063,215
Intangible assets, net		106,500
Deferred tax assets, net		963
Other non-current assets		4,400
Total assets acquired:	$	1,604,990
Liabilities Assumed
Current portion of long-term debt	$	158,073
Accounts payable		3,019
Accrued liabilities		17,226
Other current liabilities		73,774
Deferred tax liabilities, net		14,907
Other non-current liabilities		10,630
Total liabilities assumed:		277,629
Non-controlling interest		196,156
Net assets to be acquired:		1,131,205
Goodwill	$	15,938

Related party transactions, CELSE inventory purchases (Details) - CELSE [Member] $ in Thousands, MMBTU in Millions	3 Months Ended
	Dec. 31, 2021 USD ($) MMBTU
Related party transaction [Abstract]
LNG inventory purchased \| MMBTU	3.1
Inventory purchases	$ 35,173
Outstanding amount payable	$ 0

- Definition

Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(C))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(B))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(a))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(k)(1))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

+ Details

Equity method investments, Changes in Equity Method Investments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Equity Method Investments [Roll Forward]
Beginning balance	$ 0
Acquisition of equity method investments in the Mergers	1,179,021
Dividends	(21,364)
Equity in earnings / losses of investees	14,443	$ 0	$ 0
Foreign currency translation adjustment	9,913
Ending balance	$ 1,182,013	$ 0
CELSEPAR [Member]
Equity Method Investments [Abstract]
Equity method ownership percentage	50.00%
Equity Method Investments [Roll Forward]
Ending balance	$ 815,509
Hilli LLC [Member]
Equity Method Investments [Abstract]
Equity method ownership percentage	50.00%
Equity Method Investments [Roll Forward]
Ending balance	$ 366,504

Construction in progress

12 Months Ended

Dec. 31, 2021

Construction in progress [Abstract]

Construction in progress

13.	Construction in progress

The Company’s construction in progress activity during the years ended December 31, 2021 and 2020 is detailed below:

	December 31, 2021			December 31, 2020
Balance at beginning of period	$	234,037		$	466,587
Acquisition of construction in progress from business combinations		128,625			-
Additions		790,395			118,530
Impact of change in FX rates		(6,428	)		-
Transferred to property, plant and equipment, net or finance leases		(102,746	)		(351,080	)
Balance at end of period	$	1,043,883		$	234,037

Interest expense of $30,093, $25,924 and $25,172, inclusive of amortized debt issuance costs, was capitalized for the years ended December 31, 2021, 2020 and 2019, respectively.

The Company’s development activities are primarily in Latin America as of December 31, 2021, and the completion of such development is subject to risks related to successful completion, including those related to government approvals, site identification, financing, construction permitting and contract compliance.

Income taxes, Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current [Abstract]
Domestic	$ 311	$ 0	$ 0
Foreign	20,975	2,063	47
Total current tax expense	21,286	2,063	47
Deferred [Abstract]
Domestic	0	0	0
Foreign	(8,825)	2,754	392
Total deferred tax expenses (benefit)	(8,825)	2,754	392
Total provision for (benefit from) income taxes	$ 12,461	$ 4,817	$ 439

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

Debt, Revolving Facility (Details) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended	21 Months Ended
Debt, Revolving Facility (Details) $ in Thousands	Apr. 30, 2021 USD ($)	Dec. 31, 2023	Dec. 31, 2021 USD ($)	Sep. 30, 2023	Dec. 31, 2020 USD ($)
Revolving Facility [Abstract]
Remaining unamortized deferred financing costs			$ 40,125		$ 10,439
Revolving Facility [Member]
Revolving Facility [Abstract]
Aggregate principal amount	$ 200,000
Letters of Credit	$ 100,000
Extended maturity period			1 year
Maximum debt to capitalization ratio	0.7
Fees incurred	$ 4,321
Remaining unamortized deferred financing costs			$ 3,807
Remaining outstanding amount			$ 200,000
Revolving Facility [Member] \| Interest Rate Floor [Member] \| LIBOR [Member]
Revolving Facility [Abstract]
Variable interest rate	0.00%
Revolving Facility [Member] \| Plan [Member]
Revolving Facility [Abstract]
Maximum debt to annualized EBITDA ratio		4.0		5.0
Revolving Facility [Member] \| Minimum [Member]
Revolving Facility [Abstract]
Percentage of commitments usage under credit facility	50.00%
Percentage of amount drawn	50.00%
Revolving Facility [Member] \| Minimum [Member] \| LIBOR [Member]
Revolving Facility [Abstract]
Variable interest rate	2.50%
Revolving Facility [Member] \| Maximum [Member]
Revolving Facility [Abstract]
Percentage of commitments usage under credit facility	50.00%
Revolving Facility [Member] \| Maximum [Member] \| LIBOR [Member]
Revolving Facility [Abstract]
Variable interest rate	2.75%

Significant accounting policies, Impairment of Long-lived Assets (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)
Impairment of long-lived assets [Abstract]
Impairment of long-lived assets	$ 0

Subsequent events (Details) $ in Thousands	Feb. 28, 2022 USD ($)
Subsequent Events [Member] \| Revolving Facility [Member]
Line of Credit Facility [Abstract]
Increase in commitment under revolving facility	$ 115,000

Adoption of new and revised standards

12 Months Ended

Dec. 31, 2021

Adoption of new and revised standards [Abstract]

Adoption of new and revised standards

3.	Adoption of new and revised standards

(a)	New standards, amendments and interpretations issued but not effective for the year beginning January 1, 2021:

In August 2020, the Financial Accounting Standards Board (“FASB”) issued ASU 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (ASU 2020-06). ASU 2020-06 simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. ASU 2020-06 requires entities to provide expanded disclosures about the terms and features of convertible instruments and amends certain guidance in ASC 260, Earnings per Share, on the computation of EPS for convertible instruments and contracts on an entity’s own equity. ASU 2020-06 is effective for public companies for fiscal years beginning after December 15, 2021, and interim periods within those fiscal years, with early adoption of all amendments in the same period permitted. The Company will adopt this guidance in the first quarter of 2022 and does not expect it to have a material impact on the Company’s financial position, results of operations or cash flows.

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

In December 2019, FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”), which simplifies the accounting for income taxes, including removing certain exceptions related to the general principles in ASU 740, Income Taxes. ASU 2019-12 also clarifies and simplifies other aspects of the accounting for income taxes. The adoption of this guidance in the first quarter of 2021 did not have a material impact on the Company’s financial position, results of operations or cash flows.

In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The guidance provides temporary optional expedients and exceptions to current accounting guidance on contract modifications and hedge accounting to ease the financial reporting burdens related to the expected market transition from the London Interbank Offered Rate (“LIBOR”) and other interbank offered rates to alternative reference rates. The guidance was effective upon issuance and generally can be applied to applicable contract modifications and hedge relationships prospectively through December 31, 2022. The adoption of this guidance did not have a significant impact on the Company’s financial statements.

Refer to Note 5. VIEs and Note 19. Debt for discussion of the use of the London Interbank Offered Rate (“LIBOR”) in connection with the Company’s financing arrangements. The majority of the Company’s debt facilities include fallback provisions that contemplate the replacement of LIBOR. The discontinuation of LIBOR will require these arrangements to be modified to utilize an alternative interest rate. The Company has made a policy election to adopt the optional expedients related to contract modifications related to its debt and certain other arrangements and will apply the relief on a prospective basis as modifications are made. The Company continues to monitor the activities of regulators and financial institutions to transition to an alternative reference rate and to review additional arrangements for references to LIBOR. Accordingly, the Company may make additional optional elections in the future.

- Definition

The entire disclosure for change in accounting principle. Includes, but is not limited to, nature, reason, and method of adopting amendment to accounting standards or other change in accounting principle.

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+ Details

Segments, Reconciliation of Net Income (Loss) to Operating Margin (Details) - USD ($) $ in Thousands	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 04, 2019	Dec. 31, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segments [Abstract]
Net income (loss)	$ (8,003)	$ (196,316)	$ 92,711	$ (263,965)	$ (204,319)
Selling, general and administrative			199,881	120,142	152,922
Transaction and integration costs			44,671	4,028	0
Contract termination charges and loss on mitigation sales			0	124,114	5,280
Depreciation and amortization			98,377	32,376	7,940
Interest expense			154,324	65,723	19,412
Other (income) expense, net			(17,150)	5,005	(2,807)
Loss on extinguishment of debt, net			10,975	33,062	0
(Income) from equity method investments			(14,443)	0	0
Tax provision			12,461	4,817	439
Consolidated Segment Operating Margin			$ 581,807	$ 125,302	$ (21,133)

Debt

12 Months Ended

Dec. 31, 2021

Debt [Abstract]

Debt

19.

Debt

As of December 31, 2021 and 2020, debt consisted of the following:

	December 31, 2021		December 31, 2020
Senior Secured Notes, due September 2025	$	1,241,196	$	1,239,561
Senior Secured Notes, due September 2026		1,477,512		-
Vessel Term Loan Facility, due September 2024		408,991		-
Debenture Loan, due September 2024		40,665		-
CHP Facility		96,820		-
Revolving Facility		200,000		-
Subtotal (excluding lessor VIE loans)		3,465,184		1,239,561
CCBFL VIE loan:
Golar Nanook SPV facility, due September 2030		186,638		-
COSCO VIE loan:
Golar Penguin SPV facility, due December 2025		90,035		-
AVIC VIE loan:
Golar Celsius SPV facility, due September 2023/ May 2027		113,273		-
Total debt	$	3,855,130	$	1,239,561
Current portion of long-term debt	$	97,251	$	-
Long-term debt		3,757,879		1,239,561

Our outstanding debt as of December 31, 2021 is repayable as follows:

	December 31, 2021
2022	$	87,849
2023		133,052
2024		323,097
2025		1,318,381
2026		1,709,874
Thereafter		323,902
Total debt	$	3,896,155
Less: fair value adjustments to assumed debt obligations		(900	)
Less: deferred finance charges		(40,125	)
Total debt, net deferred finance charges	$	3,855,130

2025 Notes

In September 2020, the Company issued $1,000,000 of 6.75% senior secured notes in a private offering pursuant to Rule 144A under the Securities Act (the “2025 Notes”). Interest is payable semi-annually in arrears on March 15 and September 15 of each year, commencing on March 15, 2021; no principal payments are due until maturity on September 15, 2025. The Company may redeem the 2025 Notes, in whole or in part, at any time prior to maturity, subject to certain make-whole premiums.

The 2025 Notes are guaranteed, jointly and severally, by certain of the Company’s subsidiaries, in addition to other collateral. The 2025 Notes may limit the Company’s ability to incur additional indebtedness or issue certain preferred shares, make certain payments, and sell or transfer certain assets subject to certain financial covenants and qualifications. The 2025 Notes also provide for customary events of default and prepayment provisions.

The Company used a portion of the net cash proceeds received from the 2025 Notes, together with cash on hand, to repay in full the outstanding principal and interest under previously existing credit agreements and secured and unsecured bonds, including related premiums, costs and expenses.

In connection with the issuance of the 2025 Notes, the Company incurred $17,937 in origination, structuring and other fees. Issuance costs of $13,909 were deferred as a reduction of the principal balance of the 2025 Notes on the consolidated balance sheets; unamortized deferred financing costs related to lenders in the previous credit agreement that participated in the 2025 Notes were $6,501 and such unamortized costs were also included as a reduction of the principal balance of the 2025 Notes and will be amortized over the remaining term of the 2025 Notes. As a portion of the repayment of the previous credit agreement was a modification, in the third quarter of 2020, the Company recognized $4,028 of third-party fees as an expense in the consolidated statements of operations and comprehensive loss.

In December 2020, the Company issued $250,000 of additional notes on the same terms as the 2025 Notes in a private offering pursuant to Rule 144A under the Securities Act (subsequent to this issuance, these additional notes are included in the definition of 2025 Notes herein). Proceeds received included a premium of $13,125, which was offset by additional financing costs incurred of $4,566. As of December 31, 2021 and 2020, remaining unamortized deferred financing costs for the 2025 Notes were $8,804 and $10,439, respectively.

2026 Notes

In April 2021, the Company issued $1,500,000 of 6.50% senior secured notes in a private offering pursuant to Rule 144A under the Securities Act (the “2026 Notes”) at an issue price equal to 100% of principal. Interest is payable semi-annually in arrears on March 31 and September 30 of each year, commencing on September 30, 2021; no principal payments are due until maturity on September 30, 2026. The Company may redeem the 2026 Notes, in whole or in part, at any time prior to maturity, subject to certain make-whole premiums.

The 2026 Notes are guaranteed on a senior secured basis by each domestic subsidiary and foreign subsidiary that is a guarantor under the existing 2025 Notes, and the 2026 Notes are secured by substantially the same collateral as the Company’s existing first lien obligations under the 2025 Notes.

The Company used the net proceeds from this offering to fund the cash consideration for the Mergers and pay related fees and expenses.

In connection with the issuance of the 2026 Notes, the Company incurred $25,217 in origination, structuring and other fees, which was deferred as a reduction of the principal balance of the 2026 Notes on the consolidated balance sheets. As of December 31, 2021, total remaining unamortized deferred financing costs for the 2026 Notes was $22,488.

Vessel Term Loan Facility

In September 2021, Golar Partners Operating LLC, an indirect subsidiary of NFE, closed a senior secured amortizing term loan facility (the “Vessel Term Loan Facility”). Under this facility, the Company borrowed an initial amount of $430,000, which may be increased to $725,000, subject to satisfaction of certain conditions including the provision of security in relation to additional vessels.

Loans under the Vessel Term Loan Facility bear interest at a rate of LIBOR plus a margin of 3 percent. The Vessel Term Loan Facility shall be repaid in quarterly installments of $15,357, with the final repayment date in September 2024. Quarterly principal payments will be increased to reflect any upsize of the Vessel Term Loan Facility to reflect a straight-line amortization profile over the remaining term.

Obligations under the Vessel Term Loan Facility are guaranteed by GMLP and certain of GMLP’s subsidiaries. Lenders have been granted a security interest covering three floating storage and regasification vessels and four liquified natural gas carriers, and the issued and outstanding shares of capital stock of certain GMLP subsidiaries have been pledged as security. As of December 31, 2021, the aggregate net book value of the three floating storage and regasification vessels and four liquified natural gas carriers pledged as security was approximately $660,567.

The Company may prepay outstanding indebtedness without penalty, and certain events, such as (i) total loss; (ii) minimum security value; (iii) the sale or transfer of certain vessels; or (iv) the termination of the charter over the Hilli, will require a mandatory prepayment.

The Vessel Term Loan Facility contains customary representations and warranties and customary affirmative and negative covenants, including financial covenants, chartering restrictions, restrictions on indebtedness, liens, investments, mergers, dispositions, prepayment of other indebtedness and dividends and other distributions.

Financial covenants include requirements that GMLP and Golar Partners Operating LLC maintain a certain amount of Free Liquid Assets, that the EBITDA to Consolidated Debt Service and the Net Debt to EBITDA ratios are no less than 1.15:1 and no greater than 6.50:1, respectively, and that Consolidated Net Worth is greater than $250,000, each as defined in the Vessel Term Loan Facility. The Company was in compliance with these covenants as of December 31, 2021.

In connection with the closing the Vessel Term Loan Facility, the Company incurred $6,324 in origination, structuring and other fees, which was deferred as a reduction of the principal balance of the Vessel Term Loan Facility on the consolidated balance sheets. As of December 31, 2021, total remaining unamortized deferred financing costs for the Vessel Term Loan Facility was $5,652.

Debenture Loan

As part of the Hygo Merger, the Company assumed non-convertible Brazilian debentures issued by NFE Brasil, an indirect subsidiary of Hygo, in the aggregate principal amount of BRL 255.6 million ($45.0 million) due September 2024, bearing interest at a rate equal to the one-day interbank deposit futures rate in Brazil plus 2.65% (the “Debenture Loan”). The Debenture Loan was recognized at fair value of $44,566 on the date of the Hygo Merger, and the discount recognized in purchase accounting will result in additional interest expense until maturity. Interest and principal is payable on the Debenture Loan semi-annually on September 13 and March 13.

The Debenture Loan is fully and unconditionally guaranteed by 100% of the shares issued by NFE Brasil owned by the Company’s consolidated subsidiary, LNG Power Ltd.

CHP Facility

In August 2021, NFE South Power Holdings Limited (“South Power”), a wholly owned subsidiary of NFE, entered into a financing agreement (“CHP Facility”), initially receiving approximately $100,000. The CHP Facility was secured by a mortgage over the lease of the site on which the Company’s combined heat and power plant in Clarendon, Jamaica (“CHP Plant”) and related security. The Company incurred $3,243 in origination, structuring and other fees, which was deferred as a reduction of the principal balance of the CHP Facility on the consolidated balance sheets. As of December 31, 2021, the remaining unamortized deferred financing costs for the CHP Facility was $3,180.

Subsequent to December 31, 2021, South Power and the counterparty to the CHP Facility agreed to rescind the CHP Facility and entered into an agreement for the issuance of secured bonds (“South Power 2029 Bonds”) and subsequently authorized the issuance of up to $285,000 in CHP Senior Secured Bonds. The South Power 2029 Bonds are secured by, amongst other things, the CHP Plant. Amounts outstanding at the time of the mutual rescission of the CHP Facility of $100,000 were credited towards the purchase price of the South Power 2029 Bonds. In February 2022, the Company issued $59,730 of South Power 2029 Bonds.

The South Power 2029 Bonds will bear interest at an annual fixed rate of 6.50% and will mature seven years from the closing date of the final tranche. No principal payments will be due until 2025. It is expected that beginning in May 2025, principal payments will be due on a quarterly basis. 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. The South Power 2029 Bonds also provides for customary events of default, prepayment and cure provisions.

Revolving Facility

In April 2021, the Company entered into a $200,000 senior secured revolving facility (the “Revolving Facility”). The proceeds of the Revolving Facility may be used for working capital and other general corporate purposes (including permitted acquisitions and other investments). Letters of credit issued under the $100,000 letter of credit sub-facility may be used for general corporate purposes. The Revolving Facility will mature in 2026, with the potential for the Company to extend the maturity date once in a one-year increment.

Borrowings under the Revolving Facility will bear interest at a per annum rate equal to LIBOR plus 2.50% if the usage under the Revolving Facility is equal to or less than 50% of the commitments under the Revolving Facility and LIBOR plus 2.75% if the usage under the Revolving Facility is in excess of 50% of the commitments under the Revolving Facility, subject in each case to a 0.00% LIBOR floor. Borrowings under the Revolving Facility may be prepaid, at the option of the Company, at any time without premium.

The obligations under the Revolving Facility are guaranteed by each domestic subsidiary and foreign subsidiary that is a guarantor under the existing 2025 Notes, and the Revolving Facility is secured by substantially the same collateral as the Company’s existing first lien obligations under the 2025 Notes. The Revolving Facility contains usual and customary representations and warranties, and usual and customary affirmative and negative covenants. Financial covenants include requirements to maintain Debt to Capitalization Ratio of less than 0.7:1.0, and for quarters in which the Revolving Facility is greater than 50% drawn, the Debt to Annualized EBITDA Ratio must be less than 5.0:1.0 for fiscal quarters ending December 31, 2021 until September 30, 2023 and less than 4.0:1.0 for the fiscal quarter ended December 31, 2023 (each as defined in the Revolving Facility). The Company was in compliance with these covenants as of December 31, 2021.

The Company incurred $4,321 in origination, structuring and other fees, associated with entry into the Revolving Facility. These costs have been capitalized within Other non-current assets on the consolidated balance sheets. As of December 31, 2021, total remaining unamortized deferred financing costs for the Revolving Facility was $3,807. As of December 31, 2021, the full capacity of the Revolving Facility has been drawn and $200,000 remains outstanding.

Lessor VIE debt

The Company assumed the following loans in the Mergers related to lessor VIE entities, including CMBL, CCBFL, COSCO and AVIC, that are consolidated as VIEs. Although the Company has no control over the funding arrangements of these entities, the Company is the primary beneficiary of these VIEs and therefore these loan facilities are presented as part of the consolidated financial statements.

CCBFL – Nanook SPV facility

The SPV, Compass Shipping 23 Corporation Limited, the owner of the Nanook, has a long-term loan facility due to its parent that is denominated in USD, which matures in September 2030 and bears interest at a fixed rate of 2.5% as of December 31, 2021. As of the acquisition date of Hygo, the outstanding principal balance was $202,249, and the Company recognized the fair value of this facility of $201,484 on the date of the Mergers. The discount recognized in purchase accounting will be recognized as additional interest expense until maturity.

COSCO – Penguin SPV facility

The SPV, Oriental Fleet LNG 02 Limited, the owner of the Penguin, has a long-term loan facility that is denominated in USD, is repayable in quarterly installments with a balloon payment due upon maturity in December 2025 and bears interest at LIBOR plus a margin of 1.7%. The SPV also has amounts payable to its parent. As of the acquisition date of Hygo, the outstanding principal balance was $104,882, and the Company recognized the fair value of this facility and the amount due to the parent of $105,126 on the date of the Mergers. The premium recognized in purchase accounting will result in a reduction to interest expense until maturity.

AVIC – Celsius SPV facility

The SPV, Noble Celsius Shipping Limited, the owner of the Celsius, has two long-term loan facilities that are denominated in USD. The first facility is repayable in quarterly installments over a term of approximately seven years with a balloon payment of $37,179 due upon maturity in May 2027 and bears interest at LIBOR plus a margin of 1.8%; the outstanding principal balance as of the acquisition date of this facility was $76,179. The SPV has another facility with its parent for the remaining principal of $45,200 as of the acquisition date, which is due as a balloon payment upon maturity in March 2023 and bears interest at a fixed rate of 4.0%. As of the acquisition date of Hygo, the total outstanding principal balance was $121,379, and the Company recognized the fair value of $121,308 on the date of the Mergers. The discount recognized in purchase accounting will be recognized as additional interest expense until maturity.

CMBL – Eskimo SPV facility

The Eskimo SPV, the owner of the Eskimo, had a long-term loan facility that was denominated in USD, had a loan term of ten years and bore interest at a rate of LIBOR plus a margin of 2.66%. As of the acquisition date of GMLP, the outstanding principal balance was $160,520, and the Company recognized the fair value of this facility of $158,072 on the date of the Mergers. The discount recognized in purchase accounting was recognized as additional interest expense until the deconsolidation of the Eskimo SPV.

In November 2021, the Company exercised its option to repurchase the Eskimo for a total payment of $190,518. After exercising the repurchase option, the Company no longer has a controlling financial interest in the Eskimo SPV and no longer recognizes the Eskimo SPV facility in the consolidated financial statements. The Company has recognized a loss of $10,975 from exiting this financing arrangement in loss on extinguishment of debt, net in the consolidated statements of operations and comprehensive income (loss).

Debt and lease restrictions

The VIE loans and certain lease agreements with customers assumed in the Mergers contain certain operating and financing restrictions and covenants that require: (a) certain subsidiaries to maintain a minimum level of liquidity of $30,000 and consolidated net worth of $123,950, (b) certain subsidiaries to maintain a minimum debt service coverage ratio of 1.20:1, (c) certain subsidiaries to not exceed a maximum net debt to EBITDA ratio of 6.5:1, (d) certain subsidiaries to maintain a minimum percentage of the vessel values over the relevant outstanding loan facility balances of either 110% and 120%, (e) certain subsidiaries to maintain a ratio of liabilities to total assets of less than 0.70:1. As of December 31, 2021, the Company was in compliance with all covenants under debt and lease agreements.

Interest Expense

Interest and related amortization of debt issuance costs, premiums and discounts 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 years ended December 31, 2021, 2020 and 2019 consisted of the following:

	Year Ended December 31,
	2021		2020		2019
Interest per contractual rates	$	175,420	$	76,176	$	32,283
Amortization of fair value adjustments to assumed debt obligations		2,569		-		-
Amortization of debt issuance costs, premiums and discounts		6,019		15,471		12,301
Interest expense incurred on finance lease obligations		409		-		-
Total interest costs	$	184,417	$	91,647	$	44,584
Capitalized interest		30,093		25,924		25,172
Total interest expense	$	154,324	$	65,723	$	19,412

Income taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income taxes [Abstract]

Income (Loss) Before Income Taxes

The components of the Company’s income (loss) before income taxes for the years ended December 31, 2021, 2020 and 2019 were as follows:

	Year Ended December 31,
	2021			2020			2019
United States	$	(283,363	)	$	(166,571	)	$	(194,481	)
Foreign		388,535			(92,577	)		(9,399	)
Income (loss) before taxes	$	105,172		$	(259,148	)	$	(203,880	)

Income Tax Expense

Income tax expense is comprised of the following for the years ended December 31, 2021, 2020 and 2019:

	Year Ended December 31,
	2021			2020		2019
Current:
Domestic	$	311		$	-	$	-
Foreign		20,975			2,063		47
Total current tax expense		21,286			2,063		47
Deferred:
Domestic		-			-		-
Foreign		(8,825	)		2,754		392
Total deferred tax expenses (benefit)		(8,825	)		2,754		392
Total provision for (benefit from) income taxes	$	12,461		$	4,817	$	439

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,
	2021			2020			2019
Income tax at the statutory rate		21.0	%		21.0	%		21.0	%
Foreign tax rate differential		(32.3	)		2.9			8.7
US taxation on foreign earnings		9.6			(2.9	)		-
Change in valuation allowance		14.7			(14.1	)		(12.9	)
Income attributable to non-controlling interest		0.8			(6.4	)		(18.2	)
Effects of share based compensation		(8.5	)		-			-
Withholding taxes		9.5			-			-
Income tax credits		(2.4	)		-			-
Other		(0.6	)		(2.4	)		1.2
Effective income tax rate		11.8	%		(1.9	%)		(0.2	%)

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, 2021 and 2020 are as follows:

	Year Ended December 31,
	2021			2020
Deferred tax assets:
Outside basis difference in partnership	$	-		$	64,553
Accrued interest		26,408			18,885
IRC Section 163(j) interest carryforward		21,782			6,909
Federal and state net operating loss carryforward		19,061			32,145
Foreign net operating loss carryforward		43,735			24,525
Lease liability		60,967			4,383
Goodwill		55,394			-
Other		26,547			7,863
Total deferred tax assets		253,894			159,263
Valuation allowance		(146,269	)		(132,497	)
Deferred tax assets, net of valuation allowance		107,625			26,766

Deferred tax liabilities:
Equity method investments		(252,224	)		-
Property and equipment		(47,205	)		(22,566	)
Lease asset		(62,403	)		(4,215	)
Other		(9,307	)		-
Total deferred tax liabilities	$	(371,139	)	$	(26,781	)
Net deferred tax liabilities	$	(263,514	)	$	(15	)

Valuation Allowance on Deferred Tax Assets

The following table summarizes the changes in the Company’s valuation allowance on deferred tax assets for the years ended December 31, 2021 and 2020:

	Year Ended December 31,
	2021		2020
Balance at the beginning of the period	$	132,497	$	80,911
Change in valuation allowance		13,772		51,586
Balance at the end of the period	$	146,269	$	132,497

Changes in Unrecognized Tax Benefits

The following table summarizes the changes in the Company’s unrecognized tax benefits for the years ended December 31, 2021 and 2020:

	Year Ended December 31,
	2021			2020
Balance at the beginning of the period	$	-		$	-
Assumed in the Mergers		12,705			-
Recognized in the income tax provision		(231	)		-
Balance at the end of the period	$	12,474		$	-

Customer concentrations

12 Months Ended

Dec. 31, 2021

Customer concentrations [Abstract]

Customer concentrations

25.	Customer concentrations

For the year ended December 31, 2021, revenue from two significant customers constituted 25% of the total revenue. In addition, as a result of significant cargo sales revenue generated during 2021, one counterparty constituted 23% of total revenue for the year ended December 31, 2021. For the year ended December 31, 2020, revenue from three significant customers constituted 88% of the total revenue. For the year ended December 31, 2019, revenue from two significant customers constituted 74% of the total revenue. These customers’ revenues are included in the Company’s Terminals and Infrastructure segment.

During the years ended December 31, 2021, 2020 and 2019, revenue from external customers that were derived from customers located in the United States were $203,477, $135,702 and $21,386, respectively, and from customers outside of the United States were $1,119,333, $315,948, and $167,739. The Company attributes revenue from customers to the country in which the party to the applicable agreement has its principal place of business.

As of December 31, 2021 and 2020, long lived assets, which are all non-current assets excluding investment in equity securities, restricted cash, deferred tax assets, goodwill and intangible assets, located in the United States were $633,125 and $442,199, respectively, and long lived assets located outside of the United States were $4,722,589 and $639,370, respectively, primarily located in Brazil and the Caribbean.

Debt, Vessel Term Loan Facility (Details) $ in Thousands	1 Months Ended	12 Months Ended
Debt, Vessel Term Loan Facility (Details) $ in Thousands	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) Carrier Vessel	Dec. 31, 2020 USD ($)
Line of Credit Facility [Abstract]
Minimum debt service coverage ratio		1.20
Maximum net debt to EBITDA ratio		6.5
Remaining unamortized deferred financing costs		$ 40,125	$ 10,439
Vessel Term Loan Facility [Member]
Line of Credit Facility [Abstract]
Debt instrument initial borrowed amount	$ 430,000
Debt instrument increase in amount		$ 725,000
Frequency of payments		quarterly
Debt instrument, repayable in quarterly installments		$ 15,357
Floating storage and regasification vessels \| Vessel		3
Number of liquified natural gas carriers \| Carrier		4
Assets pledged as security		$ 660,567
Minimum debt service coverage ratio		1.15
Maximum net debt to EBITDA ratio		6.50
Minimum Consolidated Net Worth		$ 250,000
Fees incurred		6,324
Remaining unamortized deferred financing costs		$ 5,652
Vessel Term Loan Facility [Member] \| LIBOR [Member]
Line of Credit Facility [Abstract]
Variable interest rate		3.00%

Debt, Long-term Debt (Details) - USD ($) $ in Thousands	12 Months Ended
Debt, Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	$ 3,465,184	$ 1,239,561
Debt	3,855,130	1,239,561
Current portion of long-term debt	97,251	0
Non-current portion of debt	3,757,879	1,239,561
Revolving Facility [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	200,000	0
Senior Secured Notes, due September 2025 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	$ 1,241,196	1,239,561
Maturity date	Sep. 15, 2025
Senior Secured Notes, due September 2026 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	$ 1,477,512	0
Maturity date	Sep. 30, 2026
Vessel Term Loan Facility, due September 2024 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	$ 408,991	0
Maturity date	Sep. 30, 2024
Debenture Loan, due September 2024 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	$ 40,665	0
Maturity date	Sep. 30, 2024
CHP Facility [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	$ 96,820	0
Golar Nanook SPV facility, due September 2030 [Member] \| CCBFL VIE[Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt	$ 186,638	0
Maturity date	Sep. 30, 2030
Golar Penguin SPV facility, due December 2025 [Member] \| COSCO VIE [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt	$ 90,035	0
Maturity date	Dec. 31, 2025
Golar Celsius SPV facility, due September 2023/May 2027 [Member] \| AVIC VIE [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt	$ 113,273	$ 0
Golar Celsius SPV facility, due September 2023/May 2027 [Member] \| AVIC VIE [Member] \| Minimum [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Maturity date	Sep. 30, 2023
Golar Celsius SPV facility, due September 2023/May 2027 [Member] \| AVIC VIE [Member] \| Maximum [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Maturity date	May 31, 2027

Other non-current assets (Tables)

12 Months Ended

Dec. 31, 2021

Other non-current assets [Abstract]

Other Non-Current Assets

As of December 31, 2021 and 2020, Other non-current assets consisted of the following:

	December 31, 2021		December 31, 2020
Deposits	$	2,400	$	28,509
Contract asset, net (Note 6)		36,757		30,434
Investments in equity securities		18,873		1,256
Cost to fulfill (Note 6)		10,377		10,688
Upfront payments to customers		9,748		6,330
Other		20,263		8,813
Total other non-current assets	$	98,418	$	86,030

Equity method investments, CELSEPAR (Details) - USD ($) $ in Thousands	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 04, 2019	Dec. 31, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Balance Sheet [Abstract]
Current assets			$ 584,866	$ 762,010
Current liabilities			562,511	191,150
Statement of Operations [Abstract]
Revenues			1,322,810	451,650	$ 189,125
Net loss	$ (8,003)	$ (196,316)	$ 92,711	$ (263,965)	$ (204,319)
CELSEPAR [Member]
Equity Method Investments [Abstract]
Financial information basis percentage			100.00%
Balance Sheet [Abstract]
Current assets			$ 314,811
Non-current assets			1,651,569
Current liabilities			366,530
Non-current liabilities			1,422,147
Statement of Operations [Abstract]
Revenues			596,852
Net loss			$ (9,911)
CELSEPAR [Member] \| Ebrasil [Member]
Equity Method Investments [Abstract]
Equity method ownership percentage			50.00%
CELSEPAR [Member] \| CELSE [Member]
Equity Method Investments [Abstract]
Percentage of share capital owned			100.00%

Financial instruments

12 Months Ended

Dec. 31, 2021

Financial instruments [Abstract]

Financial instruments

8.	Financial instruments

Interest rate and currency risk management

In connection with the Mergers, the Company has acquired financial instruments that GMLP and Hygo used to reduce the risk associated with fluctuations in interest rates and foreign exchange rates. Interest rate swaps are used to convert floating rate interest obligations to fixed rates, which from an economic perspective hedges the interest rate exposure. The Company also acquired a cross currency interest rate swap to manage interest rate exposure on the Debenture Loan and the foreign exchange rate exposure on the US dollar cash flows from the charter of the Nanook to CELSE that support repayment of the Brazilian Real-denominated Debenture Loan.

The Company does not hold or issue instruments for speculative or trading purposes, and the counterparties to such contracts are major banking and financial institutions. Credit risk exists to the extent that the counterparties are unable to perform under the contracts; however, the Company does not anticipate non-performance by any counterparties.

The following table summarizes the terms of interest rate and cross currency interest rate swaps as of December 31, 2021:

Instrument

Notional Amount

(in thousands)

Maturity Dates

Fixed Interest Rate

Forward Foreign Exchange Rate

Interest rate swap: Receiving floating, pay fixed

356,250

March 2026

2.86%

N/A

Cross currency interest rate swap - Debenture Loan

BRL

230,100

September 2024

5.90%

5.424

The mark-to-market gain or loss on our interest rate and foreign currency swaps that are not designated as hedges for accounting purposes for the period are reported in the consolidated statements of operations and comprehensive income (loss) in Other (income) expense, net.

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, including those that are measured at fair value, as of December 31, 2021 and 2020:

	Fair Value	December 31, 2021		December 31, 2021		December 31, 2020		December 31, 2020		Valuation
	Hierarchy	Carrying Value		Fair Value		Carrying Value		Fair Value		Technique
Non-Derivatives:
Cash and cash equivalents	Level 1	$	187,509	$	187,509	$	601,522	$	601,522	Market approach
Restricted cash	Level 1		76,521		76,521		27,814		27,814	Market approach
Investment in equity securities	Level 1		11,195		11,195		256		256	Market approach
Investment in equity securities	Level 3		7,678		7,678		1,000		1,000	Market approach
Long-term debt ⁽¹⁾	Level 2		3,895,255		3,910,425		1,250,000		1,327,488	Market approach
Derivatives:
Derivative liability ^(2) (3)	Level 3	$	30,686	$	30,686	$	10,716	$	10,716	Income approach
Equity agreement ^(3) (4)	Level 3		18,163		18,163		22,768		22,768	Income approach
Interest rate swap liability ^(5) (6)	Level 2		21,929		21,929		-		-	Income approach

⁽¹⁾Long-term debt is recorded at amortized cost on the consolidated balance sheets, and is presented in the above table on a gross basis and not reflective of the deferred financing costs of $40,125 and $10,439 as of December 31, 2021 and December 31, 2020, respectively.

⁽²⁾Consideration due to the sellers in assets acquistions when certain contingent events occur. The liability associated with the derivative liabilities is recorded within Other current liabilities and Other long-term liabilities on the consolidated balance sheets.

⁽³⁾The Company estimates fair value of the derivative liability and equity agreement using a discounted cash flows method with discount rates based on with similar credit ratings and matching terms to the discount periods as well as a probability of the contingent event occurring.

⁽⁴⁾To be paid at the earlier of agreed-upon date or the date on which the valid planning permission is received for the facility in development in Shannon, Ireland. The liability associated with the equity agreement is recorded within Other current liabilities on the consolidated balance sheets.

⁽⁵⁾Interest rate swap liability and cross currency interest rate swap liability is presented within Other current liabilities on the consolidated balance sheets.

⁽⁶⁾The fair value of certain derivative instruments, including interest rate swaps, is estimated considering current interest rates, foreign exchange rates, closing quoted market prices and the creditworthiness of counterparties.

The Company believes the carrying amounts of cash and cash equivalents, accounts receivable, finance lease receivables and accounts payable approximated their fair value as of December 31, 2021 and 2020 and are classified as Level 1 within the fair value hierarchy.

As part of the Hygo Merger, the Company assumed liabilities of $8,608 for payments due to sellers in asset acquisitions completed prior to the Hygo Merger, and these liabilities are reflected as derivative liabilities. Activity during the year ended December 31, 2021 also included the recognition of additional derivative liabilities from transactions accounted for as asset acquisitions of $10,520 (Note 4). During the years December 31, 2021 and 2020, the Company had no settlements of the equity agreement or derivative liabilities or any transfers in or out of Level 3 in the fair value hierarchy.

The table below summarizes the fair value adjustment to instruments measured at Level 3 in the fair value hierarchy, the derivative liability and equity agreement, as well as the cross currency interest rate swap and the interest rate swap. These adjustments have been recorded within Other (income) expense, net in the consolidated statements of operations and comprehensive income (loss) for the years ended December 31, 2021, 2020 and 2019:

	Year Ended December 31,
	2021			2020		2019
Investment in equity securities - Fair value adjustment - (Gain) loss	$	(4,315	)	$	-	$	-
Derivative Liability/Equity Agreement - Fair value adjustment - (Gain) loss		(341	)		4,408		121
Interest rate swap - Fair value adjustment - (Gain) loss		(3,926	)		-		-
Cross currency interest rate swap - Fair value adjustment - (Gain) loss		(1,636	)		-		-

Under the Company’s interest rate swap, the Company is required to provide cash collateral, and as of December 31, 2021, $12,500 of cash collateral is presented as restricted cash on the consolidated balance sheets.

- 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

Prepaid expenses and other current assets

12 Months Ended

Dec. 31, 2021

Prepaid expenses and other current assets [Abstract]

Prepaid expenses and other current assets

11.	Prepaid expenses and other current assets

As of December 31, 2021 and 2020, prepaid expenses and other current assets consisted of the following:

	December 31, 2021		December 30, 2020
Prepaid expenses		19,951		16,928
Recoverable taxes		31,788		7,335
Due from affiliates		3,299		1,881
Other current assets		28,077		22,126
Total prepaid expenses and other current assets, net	$	83,115	$	48,270

Other current assets as of December 31, 2021 and 2020 primarily consists of receivables for recoverable taxes and deposits.

Debt, Lessor VIE Debt (Details) $ in Thousands	1 Months Ended	12 Months Ended
Debt, Lessor VIE Debt (Details) $ in Thousands	Nov. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) Facility	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Aug. 15, 2021 USD ($)
Lessor VIE Debt [Abstract]
Loss on extinguishment of debt		$ 10,975	$ 33,062	$ 0
Debt and Lease Restrictions [Abstract]
Minimum liquidity amount		30,000
Consolidated net worth		$ 123,950
Minimum debt service coverage ratio		1.20
Maximum net debt to EBITDA ratio		6.5
Percentage of outstanding loan facility balances		110.00%
Ratio of liabilities to total assets		0.70
Maximum [Member]
Debt and Lease Restrictions [Abstract]
Percentage of outstanding loan facility balances		120.00%
Eskimo SPV Facility [Member] \| CMBL [Member]
Lessor VIE Debt [Abstract]
Outstanding principal balance		$ 160,520
Maturity period		10 years
Fair value		$ 158,072
Payment from exercise of option to terminate sale leaseback agreement	$ 190,518
Loss on extinguishment of debt	$ 10,975
Eskimo SPV Facility [Member] \| CMBL [Member] \| LIBOR [Member]
Lessor VIE Debt [Abstract]
Variable interest rate		2.66%
Nanook SPV Facility [Member] \| CCBFL [Member]
Lessor VIE Debt [Abstract]
Outstanding principal balance		$ 202,249
Maturity date		Sep. 30, 2030
Fixed interest rate		2.50%
Fair value		$ 201,484
Penguin SPV Facility [Member] \| COSCO [Member]
Lessor VIE Debt [Abstract]
Outstanding principal balance		$ 104,882
Maturity date		Dec. 31, 2025
Fair value		$ 105,126
Penguin SPV Facility [Member] \| COSCO [Member] \| LIBOR [Member]
Lessor VIE Debt [Abstract]
Variable interest rate		1.70%
Celsius SPV Facility [Member] \| AVIC [Member]
Lessor VIE Debt [Abstract]
Number of long-term loan facilities \| Facility		2
Outstanding principal balance					$ 121,379
Fair value		$ 121,308
Celsius SPV Facility [Member] \| AVIC [Member] \| Facility One [Member]
Lessor VIE Debt [Abstract]
Outstanding principal balance		$ 76,179
Maturity period		7 years
Balloon payment		$ 37,179
Maturity date		May 31, 2027
Celsius SPV Facility [Member] \| AVIC [Member] \| Facility One [Member] \| LIBOR [Member]
Lessor VIE Debt [Abstract]
Variable interest rate		1.80%
Celsius SPV Facility [Member] \| AVIC [Member] \| Facility Two [Member]
Lessor VIE Debt [Abstract]
Remaining principal		$ 45,200
Maturity date		Mar. 31, 2023
Fixed interest rate		4.00%

Earnings per share

12 Months Ended

Dec. 31, 2021

Earnings per share [Abstract]

Earnings per share

22.	Earnings per share

	Year Ended December 31,
	2021		2020			2019
Basic
Numerator:
Net income (loss)	$	92,711	$	(263,965	)	$	(204,319	)
Less: net loss attributable to non-controlling interests		4,393		81,818			170,510
Net income (loss) attributable to Class A common stock	$	97,104	$	(182,147	)	$	(33,809	)

Denominator:
Weighted-average shares - basic		198,593,042		106,654,918			20,862,555
Net income (loss) per share - basic	$	0.49	$	(1.71	)	$	(1.62	)

Diluted
Numerator:
Net income (loss)	$	92,711	$	(263,965	)	$	(204,319	)
Less: net loss attributable to non-controlling interests		4,393		81,818			170,510
Less: adjustments attributable to dilutive securities		2,861		-			-
Net income (loss) attributable to Class A common stock	$	94,243	$	(182,147	)	$	(33,809	)

Denominator:
Weighted-average shares - diluted		201,703,176		106,654,918			20,862,555
Net income (loss) per share - diluted	$	0.47	$	(1.71	)	$	(1.62	)

The following table presents potentially dilutive securities excluded from the computation of diluted net loss per share for the years ended December 31, 2020 and 2019 because its effects would have been anti-dilutive. All potentially dilutive securities are included in the computation of diluted net income for the year ended December 31. 2021.

	Year Ended December 31,
	2021		2020		2019
Unvested RSUs⁽¹⁾		-		1,538,060		3,137,415
Class B shares⁽²⁾		-		-		144,342,572
Shannon Equity Agreement shares⁽³⁾		-		428,275		1,083,995
Total		-		1,966,335		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 common stock that would be issued in relation to the Shannon LNG Equity Agreement.

The Company declared dividends totaling $79,834 during year ended December 31, 2021, representing $0.10 per Class A share. The Company paid $79,700 of dividends during the year ended December 31, 2021, inclusive of dividends that were accrued in prior periods.

After the Mergers, the Company paid a dividend of $9,056 to holders of GMLP’s 8.75% Series A Cumulative Redeemable Preferred Units (“Series A Preferred Units”). As these equity interests have been issued by the Company’s consolidated subsidiary, the value of the Series A Preferred Units is recognized as non-controlling interest in the consolidated financial statements.

Revenue recognition

12 Months Ended

Dec. 31, 2021

Revenue recognition [Abstract]

Revenue recognition

6.	Revenue recognition

Operating revenue includes revenue from sales of LNG and natural gas as well as outputs from the Company’s natural gas-fueled power generation facilities, including power and steam, and the sale of LNG cargos. Included in operating revenue is revenue from cargo sales of $462,695 for the year ended December 31, 2021; there were no comparable transactions for the year ended December 31, 2020. Other revenue includes revenue for development services as well as interest income from the Company’s finance leases and other revenue. The table below summarizes the balances in Other revenue:

	Year Ended December 31,
	2021		2020		2019
Development services revenue	$	125,924	$	129,753	$	27,308
Interest income and other revenue		35,261		3,586		16,317
Total other revenue	$	161,185	$	133,339	$	43,625

Development services revenue recognized in the years ended December 31, 2021, 2020 and 2019 included $114,654, $118,757 and $0, respectively, for the customer’s use of natural gas as part of commissioning their assets.

Under most customer contracts, invoicing occurs once the Company’s performance obligations have been satisfied, at which point payment is unconditional. As of December 31, 2021 and 2020, receivables related to revenue from contracts with customers totaled $192,533 and $76,431, respectively, and were included in Receivables, net on the consolidated balance sheets, net of current expected credit losses of $164 and $98, respectively. Other items included in Receivables, net not related to revenue from contracts with customers represent leases which are accounted for outside the scope of ASC 606, Revenue from Contracts with Customers, and receivables associated with reimbursable costs.

The Company has recognized contract liabilities, comprised of unconditional payments due or paid under the contracts with customers prior to the Company’s satisfaction of the related performance obligations. The performance obligations are expected to be satisfied during the next 12 months, and the contract liabilities are classified within Other current liabilities on the consolidated balance sheets. Contract assets are comprised of the transaction price allocated to completed performance obligations that will be billed to customers in subsequent periods. The contract liabilities and contract assets balances as of December 31, 2021 and 2020 are detailed below:

	December 31, 2021		December 31, 2020
Contract assets, net - current	$	7,462	$	4,029
Contract assets, net - non-current		36,757		30,434
Total contract assets, net	$	44,219	$	34,463

Contract liabilities	$	2,951	$	8,399

Revenue recognized in the year from:
Amounts included in contract liabilities at the beginning of the year	$	8,028	$	6,542

Contract assets are presented net of expected credit losses of $442 and $376 as of December 31, 2021 and 2020, respectively. As of December 31, 2021 and 2020, contract assets was comprised of $43,839 and $6,821 of unbilled receivables, respectively, that represent unconditional rights to payment only subject to the passage of time.

The Company has recognized costs to fulfill a contract with a significant customer, which primarily consist of expenses required to enhance resources to deliver under the agreement with the customer. As of December 31, 2021, the Company has capitalized $10,981, of which $604 of these costs is presented within Other current assets and $10,377 is presented within Other non-current assets on the consolidated balance sheets. As of December 31, 2020, the Company had capitalized $11,276, of which $588 of these costs was presented within Other current assets and $10,688 was presented within Other non-current assets on the consolidated balance sheets. In the first quarter of 2020, the Company began delivery under the agreement and started recognizing these costs on a straight-line basis over the expected term of the agreement.

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 report any unfulfilled performance obligations related to these contracts.

The Company has arrangements in which LNG, natural gas or outputs from the Company’s power generation facilities are sold on a “take-or-pay” basis whereby the customer is obligated to pay for the minimum guaranteed volumes even if it does not take delivery. The price under these agreements is typically based on a market index plus a fixed margin. The fixed transaction price allocated to the remaining performance obligations under these arrangements represents the fixed margin multiplied by the outstanding minimum guaranteed volumes. The Company expects to recognize this revenue over the following time periods. The pattern of recognition reflects the minimum guaranteed volumes in each period:

Period	Revenue
2022	$	480,052
2023		520,335
2024		516,660
2025		507,868
2026		505,729
Thereafter		7,997,353
Total	$	10,527,997

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 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, natural gas, power or steam. As each unit of LNG, natural gas, power or steam represents a separate performance obligation, future volumes are wholly unsatisfied.

Lessor arrangements

The Company’s vessel charters of LNG carriers and FSRUs can take the form of operating or finance leases. Property, plant and equipment subject to vessel charters accounted for as operating leases is included within Vessels within Note 14. Property, plant and equipment, net. The following is the carrying amount of property, plant and equipment that is leased to customers under operating leases:

	December 31, 2021			December 31, 2020
Property, plant and equipment	$	1,274,234		$	18,394
Accumulated depreciation		(31,849	)		(932	)
Property, plant and equipment, net	$	1,242,385		$	17,462

The components of lease income from vessel operating leases for the year ended December 31, 2021 were as follows:

	Year Ended
	December 31, 2021
Operating lease income	$	214,193
Variable lease income		11,067
Total operating lease income	$	225,260

The Company’s charter of the Nanook to CELSE and certain equipment leases provided in connection with the supply of natural gas or LNG are accounted for as finance leases.

After the completion of the Mergers, the Company recognized interest income of $32,880 for the year ended December 31, 2021 related to the finance lease of the Nanook, which is included within Other revenue in the consolidated statements of operations and comprehensive income (loss). The Company recognized revenue of $5,549 for the year ended December 31, 2021 related to the operation and services agreement within Vessel charter revenue in the consolidated statements of operations and comprehensive income (loss). As of December 31, 2021, there were outstanding balances due from CELSE of $6,428, of which $4,371 is recognized in Receivables, net and a loan to CELSE of $2,057 is recognized in Prepaid expenses and other current assets, net on the consolidated balance sheets. CELSE is an affiliate due to the equity method investment held in CELSE’s parent, CELSEPAR, and as such, these transactions and balances are related party in nature.

The following table shows the expected future lease payments as of December 31, 2021, for 2022 through 2026 and thereafter:

	Future cash receipts
	Financing Leases		Operating Leases
2022	$	49,951	$	261,108
2023		50,616		144,744
2024		51,442		103,418
2025		51,876		26,022
2026		52,147		-
Thereafter		1,051,956		-
Total minimum lease receivable	$	1,307,988	$	535,292
Unguaranteed residual value		107,000
Gross investment in sales-type lease	$	1,414,988
Less: Unearned interest income		807,057
Less: Current expected credit losses		1,552
Net investment in leased vessel	$	606,379

Current portion of net investment in leased asset	$	3,704
Non-current portion of net investment in leased asset		602,675

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

+ Details

Leases, as lessee

12 Months Ended

Dec. 31, 2021

Leases, as lessee [Abstract]

Leases, as lessee

7.	Leases, as lessee

The Company has operating leases primarily for the use of LNG vessels, marine port space, office space, land and equipment under non-cancellable lease agreements. The Company’s leases may include multiple optional renewal periods that are exercisable solely at the Company’s discretion. Renewal periods are included in the lease term when the Company is reasonably certain that the renewal options would be exercised, and the associated lease payments for such periods are reflected in the ROU asset and lease liability.

The Company’s leases include fixed lease payments which may include escalation terms based on a fixed percentage or may vary based on an inflation index or other market adjustments. Escalations based on changes in inflation indices and market adjustments and other lease costs that vary based on the use of the underlying asset are not included as lease payments in the calculation of the lease liability or ROU asset; such payments are included in variable lease cost when the obligation that triggers the variable payment becomes probable. Variable lease cost includes contingent rent payments for office space based on the percentage occupied by the Company in addition to common area charges and other charges that are variable in nature. The Company also has a component of lease payments that are variable related to the LNG vessels, in which the Company may receive credits based on the performance of the LNG vessels during the period.

As of December 31, 2021 and 2020, right-of-use assets, current lease liabilities and non-current lease liabilities consisted of the following:

	December 31, 2021		December 31, 2020
Operating right-of-use assets	$	285,751	$	141,347
Finance right-of-use assets (1)		23,912		-
Total right-of-use assets	$	309,663	$	141,347

Current lease liabilities:
Operating lease liabilities	$	43,395	$	35,481
Finance lease liabilities		3,719		-
Total current lease liabilities	$	47,114	$	35,481
Non-current lease liabilities:
Operating lease liabilities	$	219,189	$	84,323
Finance lease liabilities		14,871		-
Total non-current lease liabilities	$	234,060	$	84,323

(1) Finance lease right-of-use assets are recorded net of accumulated amortization of $622 as of December 31, 2021.

For the years ended December 31, 2021 and 2020, the Company’s operating lease cost recorded within the consolidated statements of operations and comprehensive income (loss) were as follows:

	Year Ended December 31,
	2021		2020
Fixed lease cost	$	41,054	$	39,841
Variable lease cost		1,711		2,013
Short-term lease cost		6,974		1,454

Lease cost - Cost of sales	$	41,147	$	36,283
Lease cost - Operations and maintenance		2,343		2,501
Lease cost - Selling, general and administrative		6,249		4,524

For the years ended December 31, 2021 and 2020, the Company has capitalized $15,568 and $10,457 of lease costs, respectively, for vessels and port space used during the commissioning of development projects in addition to short-term lease costs for vessels chartered by the Company to bring inventory from a supplier’s facilities to the Company’s storage locations which are capitalized to inventory.

During the year ended December 31, 2019, the Company recognized rental expense for all operating leases of $37,069 related primarily to LNG vessel time charters, office space, a land site lease and marine port berth leases.

Beginning in the second quarter of 2021, leases for ISO tanks and a parcel of land that transfer the ownership in underlying assets to the Company at the end of the lease have commenced, and these leases are treated as finance leases. For the year ended December 31, 2021, the Company recognized interest expense related to finance leases of $409, which is included within Interest expense, net in the consolidated statements of operations and comprehensive income (loss). For the year ended December 31, 2021, the Company recognized amortization of the right-of-use asset related to finance leases of $622, which is included within Depreciation and amortization in the consolidated statements of operations and comprehensive income (loss).

	Year Ended December 31,
	2021		2020
Operating cash outflows for operating lease liabilities	$	46,066	$	45,934
Financing cash outflows for finance lease liabilities		2,156		-
Right-of-use assets obtained in exchange for new operating lease liabilities		172,996		182,799
Right-of-use assets obtained in exchange for new finance lease liabilities		24,533		-

The future payments due under operating and finance leases as of December 31, 2021 are as follows:

	Operating Leases		Financing Leases
2022	$	62,616	$	4,515
2023		49,481		4,362
2024		43,071		4,381
2025		34,677		4,381
2026		26,710		2,625
Thereafter		182,480		1,030
Total Lease Payments	$	399,035	$	21,294
Less: effects of discounting		136,451		2,704
Present value of lease liabilities	$	262,584	$	18,590

Current lease liability	$	43,395	$	3,719
Non-current lease liability		219,189		14,871

As of December 31, 2021, the weighted-average remaining lease term for operating leases was 9.3 years and finance leases was 5.1 years. Because the Company generally does not have access to the rate implicit in the lease, the incremental borrowing rate is utilized as the discount rate. The weighted average discount rate associated with operating leases as of December 31, 2021 and 2020 was 8.7% and 8.3%, respectively. The weighted average discount rate associated with finance leases as of December 31, 2021 is 5.1%.

The Company has executed a lease for an LNG carrier that has not commenced as of December 31, 2021 with noncancelable terms of 7 years and including fixed payments of approximately $198.1 million.

VIEs, Other VIEs (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Dec. 31, 2018

Current Assets [Abstract]

Cash & cash equivalents

$ 187,509

$ 601,522

Receivables

208,499

76,544

Total current assets

584,866

762,010

Property, plant and equipment, net

2,137,936

614,206

Intangible assets, net

142,944

46,102

Other non-current assets, net

98,418

86,030

Total assets

^[1]

6,876,492

1,908,091

Liabilities [Abstract]

Accounts payable

68,085

21,331

Accrued liabilities

244,025

90,352

Other current liabilities

106,036

43,986

Total current liabilities

562,511

191,150

Deferred tax liabilities, net

269,513

2,330

Total liabilities

4,882,438

1,533,005

Total stockholders' equity

1,994,054

375,086

$ 387,324

$ 282,647

Total liabilities and stockholders' equity

6,876,492

1,908,091

Dividends paid

$ 88,756

$ 33,742

$ 0

Hilli LLC [Member]

Other VIEs [Abstract]

Ownership interest acquired

50.00%

Carrying value of the equity method investment

$ 366,504

PT Golar Indonesia [Member]

Other VIEs [Abstract]

Ownership interest acquired

51.00%

Current Assets [Abstract]

Cash & cash equivalents

$ 3,257

Receivables

2,610

Total current assets

5,867

Property, plant and equipment, net

178,440

Intangible assets, net

15,595

Other non-current assets, net

2,642

Total assets

202,544

Liabilities [Abstract]

Accounts payable

16,219

Accrued liabilities

907

Other current liabilities

3,664

Total current liabilities

20,790

Deferred tax liabilities, net

2,711

Total liabilities

23,501

Total stockholders' equity

179,043

Total liabilities and stockholders' equity

202,544

Dividends paid

$ 0

[1]	Total assets and capital expenditure by segment refers to assets held and capital expenditures related to the development of the Company’s terminals and vessels. The Terminals and Infrastructure segment includes the net book value of vessels utilized within the Terminals and Infrastructure segment.

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2021

Dec. 31, 2020

Current assets

Cash and cash equivalents

$ 187,509

$ 601,522

Restricted cash

68,561

12,814

Receivables, net of allowances of $164 and $98, respectively

208,499

76,544

Inventory

37,182

22,860

Prepaid expenses and other current assets, net

83,115

48,270

Total current assets

584,866

762,010

Restricted cash

7,960

15,000

Construction in progress

1,043,883

234,037

Property, plant and equipment, net

2,137,936

614,206

Equity method investments

1,182,013

Right-of-use assets

309,663

141,347

Intangible assets, net

142,944

46,102

Finance leases, net

602,675

7,044

Goodwill

760,135

Deferred tax assets, net

5,999

2,315

Other non-current assets, net

98,418

86,030

Total assets

^[1]

6,876,492

1,908,091

Current liabilities

Current portion of long-term debt

97,251

Accounts payable

68,085

21,331

Accrued liabilities

244,025

90,352

Current lease liabilities

47,114

35,481

Other current liabilities

106,036

43,986

Total current liabilities

562,511

191,150

Long-term debt

3,757,879

1,239,561

Non-current lease liabilities

234,060

84,323

Deferred tax liabilities, net

269,513

2,330

Other long-term liabilities

58,475

15,641

Total liabilities

4,882,438

1,533,005

Commitments and contingencies (Note 21)

Stockholders' equity

Additional paid-in capital

1,923,990

594,534

Accumulated deficit

(132,399)

(229,503)

Accumulated other comprehensive (loss) income

(2,085)

182

Total stockholders' equity attributable to NFE

1,791,575

366,959

Non-controlling interest

202,479

8,127

Total stockholders' equity

1,994,054

375,086

Total liabilities and stockholders' equity

6,876,492

1,908,091

Class A Common Stock [Member]

Stockholders' equity

Class A common stock, $0.01 par value, 750.0 million shares authorized, 206.9 million issued and outstanding as of December 31, 2021; 174.6 million issued and outstanding as of December 31, 2020

$ 2,069

$ 1,746

[1]	Total assets and capital expenditure by segment refers to assets held and capital expenditures related to the development of the Company’s terminals and vessels. The Terminals and Infrastructure segment includes the net book value of vessels utilized within the Terminals and Infrastructure segment.

Revenue recognition, Summary of Other Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue recognition [Abstract]
Receivables, revenue from contracts with customers	$ 192,533	$ 76,431
Current expected credit losses	164	98
Disaggregation of Revenue [Abstract]
Operating revenue	930,816	318,311	$ 145,500
Other revenue	161,185	133,339	43,625
Contract with Customer, Asset and Liability [Abstract]
Contract assets, net - current	7,462	4,029
Contract assets, net - non-current	36,757	30,434
Total contract assets, net	44,219	34,463
Contract liabilities	2,951	8,399
Revenue recognized in the year from [Abstract]
Amounts included in contract liabilities at the beginning of the year	8,028	6,542
Contract assets net of current expected credit losses	442	376
Unbilled receivables included in other current assets	43,839	6,821
Capitalized Contract Cost [Abstract]
Capitalized contract costs	10,981	11,276
Other current assets	604	588
Other noncurrent assets	10,377	10,688
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	10,527,997
Cargo Sales [Member]
Disaggregation of Revenue [Abstract]
Operating revenue	462,695	0
Development Services [Member]
Disaggregation of Revenue [Abstract]
Other revenue	125,924	129,753	27,308
Development Services [Member] \| Natural Gas Used in Commissioning [Member]
Disaggregation of Revenue [Abstract]
Other revenue	114,654	118,757	0
Interest Income and Other Revenue [Member]
Disaggregation of Revenue [Abstract]
Other revenue	35,261	$ 3,586	$ 16,317
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 480,052
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	$ 520,335
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	$ 516,660
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	$ 507,868
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 505,729
Remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 7,997,353
Remaining performance obligation, expected timing of satisfaction, period

Income taxes, Components of Income (Loss) Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income (Loss) before Income Taxes [Abstract]
Income (loss) before taxes	$ 105,172	$ (259,148)	$ (203,880)
United States [Member]
Income (Loss) before Income Taxes [Abstract]
Income (loss) before taxes	(283,363)	(166,571)	(194,481)
Foreign [Member]
Income (Loss) before Income Taxes [Abstract]
Income (loss) before taxes	$ 388,535	$ (92,577)	$ (9,399)

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 20
-Section 25
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123384075&loc=d3e41242-110953

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=123359005&loc=d3e8736-108599

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(10))
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-Subparagraph (SX 210.7-04(8))
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+ Details

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

1 Months Ended

11 Months Ended

12 Months Ended

Feb. 04, 2019

Dec. 31, 2019

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Basic [Abstract]

Net income (loss)

$ (8,003)

$ (196,316)

$ 92,711

$ (263,965)

$ (204,319)

Less: net loss attributable to non-controlling interests

4,393

81,818

170,510

Net income (loss) attributable to stockholders

$ 97,104

$ (182,147)

$ (33,809)

Denominator [Abstract]

Weighted-average shares - basic (in shares)

198,593,042

106,654,918

20,862,555

Net income (loss) per share - basic (in dollars per share)

$ 0.49

$ (1.71)

$ (1.62)

Diluted [Abstract]

Net income (loss)

$ (8,003)

$ (196,316)

$ 92,711

$ (263,965)

$ (204,319)

Net loss attributable to non-controlling interest

4,393

81,818

170,510

Less: adjustments attributable to dilutive securities

2,861

Net income (loss) attributable to stockholders

$ 94,243

$ (182,147)

$ (33,809)

Denominator [Abstract]

Weighted-average shares - diluted (in shares)

201,703,176

106,654,918

20,862,555

Net income (loss) per share - diluted (in dollars per share)

$ 0.47

$ (1.71)

$ (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)

1,966,335

148,563,982

Dividend [Abstract]

Dividend declared

$ 88,388

$ 34,011

Dividend paid

88,756

$ 33,742

$ 0

Class A Shares [Member]

Dividend [Abstract]

Dividend declared

$ 79,834

Dividend per share (in dollars per share)

$ 0.10

Dividend paid

$ 79,700

Class B Shares [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)

^[1]

144,342,572

GMLP Merger [Member] | Series A Preferred Units [Member]

Dividend [Abstract]

Dividend paid

$ 9,056

Percentage of non-controlling interest

8.75%

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)

^[2]

1,538,060

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)

^[3]

428,275

1,083,995

[1]	Class B shares at the end of the period are considered potentially dilutive Class A shares.
[2]	Represents the number of instruments outstanding at the end of the period.
[3]	Class A common stock that would be issued in relation to the Shannon LNG Equity Agreement.

Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt [Abstract]

Long-Term Debt

As of December 31, 2021 and 2020, debt consisted of the following:

	December 31, 2021		December 31, 2020
Senior Secured Notes, due September 2025	$	1,241,196	$	1,239,561
Senior Secured Notes, due September 2026		1,477,512		-
Vessel Term Loan Facility, due September 2024		408,991		-
Debenture Loan, due September 2024		40,665		-
CHP Facility		96,820		-
Revolving Facility		200,000		-
Subtotal (excluding lessor VIE loans)		3,465,184		1,239,561
CCBFL VIE loan:
Golar Nanook SPV facility, due September 2030		186,638		-
COSCO VIE loan:
Golar Penguin SPV facility, due December 2025		90,035		-
AVIC VIE loan:
Golar Celsius SPV facility, due September 2023/ May 2027		113,273		-
Total debt	$	3,855,130	$	1,239,561
Current portion of long-term debt	$	97,251	$	-
Long-term debt		3,757,879		1,239,561

Outstanding Debt Repayable

Our outstanding debt as of December 31, 2021 is repayable as follows:

	December 31, 2021
2022	$	87,849
2023		133,052
2024		323,097
2025		1,318,381
2026		1,709,874
Thereafter		323,902
Total debt	$	3,896,155
Less: fair value adjustments to assumed debt obligations		(900	)
Less: deferred finance charges		(40,125	)
Total debt, net deferred finance charges	$	3,855,130

Interest Expense

Interest expense, net of amounts capitalized, recognized for the years ended December 31, 2021, 2020 and 2019 consisted of the following:

	Year Ended December 31,
	2021		2020		2019
Interest per contractual rates	$	175,420	$	76,176	$	32,283
Amortization of fair value adjustments to assumed debt obligations		2,569		-		-
Amortization of debt issuance costs, premiums and discounts		6,019		15,471		12,301
Interest expense incurred on finance lease obligations		409		-		-
Total interest costs	$	184,417	$	91,647	$	44,584
Capitalized interest		30,093		25,924		25,172
Total interest expense	$	154,324	$	65,723	$	19,412

- 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)
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 5: http://www.xbrl.org/2003/role/exampleRef
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-Name Accounting Standards Codification
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Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 7: http://www.xbrl.org/2003/role/exampleRef
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Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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+ Details

Related party transactions, Summary (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Related party transaction [Abstract]
Administrative and general expenses	$ 6,509	$ 7,291	$ 7,942
Charter costs	4,466	2,483	5,367
Lease liability	262,584
Rent and administrative expenses	799	204
Noncurrent Lease Liabilities [Member]
Related party transaction [Abstract]
Lease liability	3,314	3,279
DevTech Investment [Member]
Related party transaction [Abstract]
Amount due to affiliates	$ 88
Minority interest percentage in exchange for cash consideration	10.00%
Percentage of note payable purchased by affiliate	10.00%
Repayments of related party debt	$ 988
Restructured expense	176
Note payable due		715
Interest expense on note payable		77	94
Amounts due from affiliates	0	343
Fortress [Member]
Related party transaction [Abstract]
Amount due to affiliates	5,700	5,535
Fortress Affiliate [Member]
Related party transaction [Abstract]
Amount due to affiliates	944	472
Florida East Coast Industries [Member]
Related party transaction [Abstract]
Amount due to affiliates	0	316
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
Florida East Coast Industries [Member] \| Construction in Progress [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	526	730	396
Fortress Affiliated Entities [Member]
Related party transaction [Abstract]
Amount due to affiliates	2,444	2,657
Amounts due from affiliates	1,241	1,540
Rent and administrative expenses	$ 2,444	$ 2,357	$ 811

Earnings per share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings per share [Abstract]

Earnings Per Share

	Year Ended December 31,
	2021		2020			2019
Basic
Numerator:
Net income (loss)	$	92,711	$	(263,965	)	$	(204,319	)
Less: net loss attributable to non-controlling interests		4,393		81,818			170,510
Net income (loss) attributable to Class A common stock	$	97,104	$	(182,147	)	$	(33,809	)

Denominator:
Weighted-average shares - basic		198,593,042		106,654,918			20,862,555
Net income (loss) per share - basic	$	0.49	$	(1.71	)	$	(1.62	)

Diluted
Numerator:
Net income (loss)	$	92,711	$	(263,965	)	$	(204,319	)
Less: net loss attributable to non-controlling interests		4,393		81,818			170,510
Less: adjustments attributable to dilutive securities		2,861		-			-
Net income (loss) attributable to Class A common stock	$	94,243	$	(182,147	)	$	(33,809	)

Denominator:
Weighted-average shares - diluted		201,703,176		106,654,918			20,862,555
Net income (loss) per share - diluted	$	0.47	$	(1.71	)	$	(1.62	)

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

	Year Ended December 31,
	2021		2020		2019
Unvested RSUs⁽¹⁾		-		1,538,060		3,137,415
Class B shares⁽²⁾		-		-		144,342,572
Shannon Equity Agreement shares⁽³⁾		-		428,275		1,083,995
Total		-		1,966,335		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 common stock that would be issued in relation to the Shannon LNG Equity Agreement.

Significant accounting policies, Goodwill (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)
Goodwill [Abstract]
Impairment of goodwill	$ 0

Acquisitions, Hygo Merger (Details) $ in Thousands		9 Months Ended	12 Months Ended
Acquisitions, Hygo Merger (Details) $ in Thousands	Apr. 15, 2021 USD ($) shares	Dec. 31, 2021 USD ($)	Dec. 31, 2021 USD ($) Project	Dec. 31, 2020 USD ($)
Liabilities Assumed [Abstract]
Deferred tax liabilities, net				$ 269,856
Hygo Merger [Member]
Business Combination, Description [Abstract]
Percentage of voting interest acquired	50.00%
Number of gas-to-power projects \| Project			3
Value of Consideration [Abstract]
Total cash consideration	$ 580,000
Total non-cash consideration (in shares) \| shares	1,400,784
Total Consideration	$ 1,980,784
Assets Acquired [Abstract]
Cash and cash equivalents	26,641
Restricted cash	48,183
Accounts receivable	5,126
Inventory	1,022
Other current assets	8,095
Assets under development	128,625
Property, plant and equipment, net	385,389
Equity method investments	823,521
Finance leases, net	601,000
Deferred tax assets, net	1,065
Other non-current assets	52,996
Total assets acquired	2,081,663
Liabilities Assumed [Abstract]
Current portion of long-term debt	38,712
Accounts payable	3,059
Accrued liabilities	39,149
Other current liabilities	13,495
Long-term debt	433,778
Deferred tax liabilities, net	254,949
Other non-current liabilities	21,520
Total liabilities assumed	804,662
Non-controlling interest	40,414
Net assets acquired	1,236,587
Goodwill	744,197
Decrease in goodwill			$ (2,740)
Interest expenses recognized			$ 1,088
Fair value of receivables	$ 8,009
Revenue from acquisition date		$ 67,089
Net income from acquisition date		$ 4,551
Hygo Merger [Member] \| Class A Common Stock [Member]
Value of Consideration [Abstract]
Total non-cash consideration (in shares) \| shares	31,372,549
Hygo Merger [Member] \| Preferred Shares [Member]
Value of Consideration [Abstract]
Total cash consideration	$ 180,000
Hygo Merger [Member] \| Common Shares [Member]
Value of Consideration [Abstract]
Total cash consideration	$ 400,000
Total non-cash consideration (in shares) \| shares	1,400,784

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands, shares in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets
Allowances for receivables	$ 164	$ 98
Class A Common Stock [Member]
Stockholders' equity
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	750.0	750.0
Common stock, shares issued (in shares)	206.9	174.6
Shares outstanding (in shares)	206.9	174.6

Customer concentrations (Details) $ in Thousands	12 Months Ended
Customer concentrations (Details) $ in Thousands	Dec. 31, 2021 USD ($) Customer Counterparty	Dec. 31, 2020 USD ($) Customer	Dec. 31, 2019 USD ($) Customer
Concentration Risk, Net Assets Amount, Geographic Area [Abstract]
Revenues	$ 1,322,810	$ 451,650	$ 189,125
Total Revenues [Member]
Concentration Risk [Abstract]
Concentration risk, customer \| Customer	2	3	2
Number of counterparties \| Counterparty	1
United States [Member]
Concentration Risk, Net Assets Amount, Geographic Area [Abstract]
Revenues	$ 203,477	$ 135,702	$ 21,386
Long-Lived Assets	633,125	442,199
Outside of United States [Member]
Concentration Risk, Net Assets Amount, Geographic Area [Abstract]
Revenues	1,119,333	315,948	$ 167,739
Long-Lived Assets	$ 4,722,589	$ 639,370
Customer Concentration Risk [Member] \| Total Revenues [Member] \| Two Customers [Member]
Concentration Risk [Abstract]
Concentration risk	25.00%		74.00%
Customer Concentration Risk [Member] \| Total Revenues [Member] \| Three Customers [Member]
Concentration Risk [Abstract]
Concentration risk		88.00%
Customer Concentration Risk [Member] \| Total Revenues [Member] \| Counterparty, One [Member]
Concentration Risk [Abstract]
Concentration risk	23.00%

VIEs, Summary of Payment Obligations (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Nanook [Member]
Payment Obligations, Fiscal Year Maturity [Abstract]
2022	$ 21,810
2023	21,197
2024	20,608
2025	19,971
2026	19,358
2027+	67,153
Penguin [Member]
Payment Obligations, Fiscal Year Maturity [Abstract]
2022	12,003
2023	11,635
2024	11,245
2025	8,196
2026	0
2027+	0
Celsius [Member]
Payment Obligations, Fiscal Year Maturity [Abstract]
2022	15,847
2023	15,265
2024	14,695
2025	14,102
2026	12,868
2027+	$ 0

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues
Operating revenue	$ 930,816	$ 318,311	$ 145,500
Vessel charter revenue	230,809	0	0
Other revenue	161,185	133,339	43,625
Total revenues	1,322,810	451,650	189,125
Operating expenses
Cost of sales	616,010	278,767	183,359
Vessel operating expenses	51,677	0	0
Operations and maintenance	73,316	47,581	26,899
Selling, general and administrative	199,881	120,142	152,922
Transaction and integration costs	44,671	4,028	0
Contract termination charges and loss on mitigation sales	0	124,114	5,280
Depreciation and amortization	98,377	32,376	7,940
Total operating expenses	1,083,932	607,008	376,400
Operating income (loss)	238,878	(155,358)	(187,275)
Interest expense	154,324	65,723	19,412
Other (income) expense, net	(17,150)	5,005	(2,807)
Loss on extinguishment of debt, net	10,975	33,062	0
Net income (loss) before income from equity method investments and income taxes	90,729	(259,148)	(203,880)
Income from equity method investments	14,443	0	0
Tax provision	12,461	4,817	439
Net income (loss)	92,711	(263,965)	(204,319)
Net loss attributable to non-controlling interest	4,393	81,818	170,510
Net income (loss) attributable to stockholders	$ 97,104	$ (182,147)	$ (33,809)
Net income (loss) per share - basic (in dollars per share)	$ 0.49	$ (1.71)	$ (1.62)
Net income (loss) per share - diluted (in dollars per share)	$ 0.47	$ (1.71)	$ (1.62)
Weighted average number of shares outstanding - basic (in shares)	198,593,042	106,654,918	20,862,555
Weighted average number of shares outstanding - diluted (in shares)	201,703,176	106,654,918	20,862,555
Other comprehensive income (loss):
Net income (loss)	$ 92,711	$ (263,965)	$ (204,319)
Currency translation adjustment	3,489	(2,005)	219
Comprehensive income (loss)	89,222	(261,960)	(204,538)
Comprehensive loss attributable to non-controlling interest	5,615	80,025	170,699
Comprehensive income (loss) attributable to stockholders	$ 94,837	$ (181,935)	$ (33,839)

Equity method investments

12 Months Ended

Dec. 31, 2021

Equity method investments [Abstract]

Equity method investments

12.	Equity method investments

As a result of the Mergers, the Company acquired investments in Centrais Elétricas de Sergipe Participações S.A. (“CELSEPAR”) and Hilli LLC, both of which have been recognized as equity method investments. The Company has a 50% ownership interest in both entities. The investments are reflected in the Terminals and Infrastructure and Ships segments, respectively.

Changes in the balance of the Company’s equity method investments is as follows:

	December 31, 2021
Equity method investments as of December 31, 2020	$	-
Acquisition of equity method investments in the Mergers		1,179,021
Dividends		(21,364	)
Equity in earnings / losses of investees		14,443
Foreign currency translation adjustment		9,913
Equity method investments as of December 31, 2021	$	1,182,013

The carrying amount of equity method investments as of December 31, 2021 is as follows:

	December 31, 2021
Hilli LLC	$	366,504
CELSEPAR		815,509
Total	$	1,182,013

As of December 31, 2021, the carrying value of the Company’s equity method investments exceeded its proportionate share of the underlying net assets of its investees by $792,995. In conjunction with the provisional amounts recognized for the Mergers, the basis difference of $750,824 was allocated to tangible assets, identifiable intangible assets, liabilities and goodwill, and the basis difference attributable to amortizable net assets is amortized to Income from equity method investments over the remaining estimated useful lives of the underlying assets.

CELSEPAR

CELSEPAR is jointly owned and operated with Ebrasil Energia Ltda. (“Ebrasil”), an affiliate of Eletricidade do Brasil S.A., and the Company accounts for this 50% investment using the equity method. CELSEPAR owns 100% of the share capital of Centrais Elétricas de Sergipe S.A. (“CELSE”), the owner and operator of the Sergipe Power Plant.

The following table summarizes the financial information of CELSEPAR shown on a 100% basis as of December 31, 2021 and the period subsequent to the Mergers:

	December 31, 2021
Balance sheet
Current assets	$	314,811
Non-current assets		1,651,569
Current liabilities		366,530
Non-current liabilities		1,422,147

Statement of operations
Revenues	$	596,852
Net loss		(9,911	)

Hilli LLC

The Company acquired an interest of 50% of the Hilli Common Units as part of the acquisition of GMLP. The ownership interests in Hilli LLC are represented by three classes of units, Hilli Common Units, Series A Special Units and Series B Special Units. The Company did not acquire any of the Series A Special Units or Series B Special Units. The Hilli Common Units provide the Company with significant influence over Hilli LLC. The Hilli is currently operating under an 8-year liquefaction tolling agreement (“LTA”) with Perenco Cameroon S.A. and Société Nationale des Hydrocarbures.

Within 60 days after the end of each quarter, GLNG, the managing member of Hilli LLC, shall determine the amount of Hilli LLC’s available cash and appropriate reserves, and Hilli LLC shall make a distribution to the unitholders of Hilli LLC (“Hilli Unitholders”) of the available cash, subject to such reserves. Hilli LLC shall make distributions to the Hilli Unitholders when, as and if declared by GLNG; provided, however, that no distributions may be made on the Hilli Common Units on any distribution date unless Series A Distributions and Series B Distributions for the most recently ended quarter and any accumulated Series A Distributions and Series B Distributions in arrears for any past quarter have been or contemporaneously are being paid or provided for.

Series A Distributions are calculated based on cash received by Hilli Corp for any tolling fees under the LTA relating to an increase in the Brent Crude price above $60 per barrel, adjusted by incremental taxes and costs that arise from underperformance of the Hilli. Series B Distributions are calculated as 95% of “Revenues Less Expenses”, which is based on the cash receipts as a direct result of the employment of more than the first 50% of LNG production capacity for the Hilli, adjusted for incremental operating expenses, capital costs, financing and tax costs associated with making more than 50% capacity available and costs that arise from underperformance. The Hilli Common Units may receive 5% of Revenues less Expenses received by Hilli Corp during such quarter.

The Company is required to reimburse other investors in Hilli LLC for 50% of the amount, if any, by which certain operating expenses and withholding taxes of Hilli LLC are below an annual threshold for up to $20,000 in the aggregate through 2026. Other investors are required to reimburse the Company for 50% of the amount, if any, by which certain operating expenses and withholding taxes are above an annual threshold for up to $20,000 in the aggregate through 2026. Operating expense reimbursements did not materially impact the results of operations for the period after the GMLP Merger.

Hilli Corp is a party to a Memorandum of Agreement, dated September 9, 2015, with Fortune Lianjiang Shipping S.A., a subsidiary of China State Shipbuilding Corporation (“Fortune”), pursuant to which Hilli Corp has sold to and leased back from Fortune the Hilli under a 10-year bareboat charter agreement (the “Hilli Leaseback”). The Hilli Leaseback provided for postconstruction financing for the Hilli in the amount of $960 million. Under the Hilli Leaseback, Hilli Corp will pay to Fortune forty consecutive equal quarterly repayments of 1.375% of the construction cost, plus interest based on LIBOR plus a margin of 4.15%.

The following table summarizes the financial information of Hilli LLC shown on a 100% basis as of December 31, 2021 and the period subsequent to the Mergers:

	December 31, 2021
Balance sheet
Current assets	$	68,435
Non-current assets		1,359,795
Current liabilities		61,595
Non-current liabilities		766,302

Statement of operations
Revenues	$	157,550
Net income		310,006

During the period subsequent to the completion of the Mergers, net income for the year ended December 31, 2021 significantly exceeded total revenues for Hilli LLC as a result of the unrealized mark-to market movement in the oil derivative asset associated to the fair value of the Brent Crude price. The unrealized mark-to market movement in the oil derivative asset is allocated to the Series A Special unitholders only; as the Company does not own any of the Series A Special Units, gains and losses from income attributable to these units are not reflected in the Company’s income from equity method investments.

Restricted cash (Tables)

12 Months Ended

Dec. 31, 2021

Restricted cash [Abstract]

Restricted Cash

As of December 31, 2021 and 2020, restricted cash consisted of the following:

	December 31, 2021		December 31, 2020
Cash held by lessor VIEs	$	35,651	$	-
Collateral for letters of credit and performance bonds		27,614		900
Collateral for interest rate swaps		12,500		-
Collateral for performance under customer agreements		-		15,000
Collateral for LNG purchases		-		11,664
Other restricted cash		756		250
Total restricted cash	$	76,521	$	27,814

Current restricted cash	$	68,561	$	12,814
Non-current restricted cash		7,960		15,000

Property, plant and equipment, net

12 Months Ended

Dec. 31, 2021

Property, plant and equipment, net [Abstract]

Property, plant and equipment, net

14.	Property, plant and equipment, net

As of December 31, 2021 and 2020, the Company’s property, plant and equipment, net consisted of the following:

	December 31, 2021			December 31, 2020
Vessels	$	1,461,211		$	-
Terminal and power plant equipment		206,889			188,855
CHP facilities		122,777			119,723
Gas terminals		167,614			120,810
ISO containers and other equipment		134,775			100,137
LNG liquefaction facilities		63,213			63,213
Gas pipelines		58,987			58,974
Land		55,008			16,246
Leasehold improvements		9,377			8,723
Accumulated depreciation		(141,915	)		(62,475	)
Total property, plant and equipment, net	$	2,137,936		$	614,206

Depreciation for the years ended December 31, 2021, 2020 and 2019 totaled $80,220, $32,116 and $7,527, respectively, of which $1,167, $927 and $701, respectively, is included within Cost of sales in the consolidated statements of operations and comprehensive income (loss).

Capitalized drydocking costs of $8,087 are included in the vessel cost for December 31, 2021 which are depreciated from the completion of drydocking until the next expected dry docking.

Debt, Interest Expense (Details) - USD ($) $ in Thousands	12 Months Ended
Debt, Interest Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Interest costs [Abstract]
Amortization of debt issuance costs, premiums and discounts	$ 14,116	$ 10,519	$ 5,873
Total interest expense	154,324	65,723	19,412
Debt [Member]
Interest costs [Abstract]
Interest per contractual rates	175,420	76,176	32,283
Amortization of fair value adjustments to assumed debt obligations	2,569	0	0
Amortization of debt issuance costs, premiums and discounts	6,019	15,471	12,301
Interest expense incurred on finance lease obligations	409	0	0
Total interest costs	184,417	91,647	44,584
Capitalized interest	30,093	25,924	25,172
Total interest expense	$ 154,324	$ 65,723	$ 19,412

Share-based compensation (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Mar. 31, 2021

Mar. 31, 2020

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Number of Shares [Roll Forward]

Vested (in shares)

(2,219,554)

Restricted Stock Units [Member]

Number of Shares [Roll Forward]

Non-vested RSUs, beginning balance (in shares)

1,538,060

Granted (in shares)

Vested (in shares)

(818,846)

Forfeited (in shares)

(42,876)

Non-vested RSUs, ending balance (in shares)

676,338

1,538,060

Weighted Average Grant Date Fair Value Per Share [Abstract]

Non-vested RSUs, beginning balance (in dollars per share)

$ 13.49

Granted (in dollars per share)

Vested (in dollars per share)

13.45

Forfeited (in dollars per share)

13.71

Non-vested RSUs, ending balance (in dollars per share)

$ 13.49

Share-based Payment Arrangement [Abstract]

Share-based compensation expense

$ 6,576

$ 8,743

$ 41,447

Compensation expense recognized for forfeited RSU awards

212

914

2,248

Unrecognized compensation cost

$ 1,031

Weighted-average remaining vesting period of non-vested stock (in years)

2 months 4 days

Restricted Stock Units [Member] | Operations and Maintenance [Member]

Share-based Payment Arrangement [Abstract]

Share-based compensation expense

$ 848

800

853

Restricted Stock Units [Member] | Selling, General and Administrative Expenses [Member]

Share-based Payment Arrangement [Abstract]

Share-based compensation expense

$ 5,728

$ 7,943

$ 40,594

Restricted Stock Units [Member] | Minimum [Member]

Share-based Payment Arrangement [Abstract]

Vesting period

10 months

Restricted Stock Units [Member] | Maximum [Member]

Share-based Payment Arrangement [Abstract]

Vesting period

3 years

Performance Share Units [Member]

Share-based Payment Arrangement [Abstract]

Share-based compensation expense

$ 30,467

Performance Share Units [Member] | Employees and Non-employees [Member]

Number of Shares [Roll Forward]

Granted (in shares)

400,507

1,109,777

Share-based Payment Arrangement [Abstract]

Unrecognized compensation cost

^[1]

$ 31,932

$ 0

Weighted-average remaining vesting period of non-vested stock (in years)

1 year

0 years

Performance Share Units [Member] | Minimum [Member] | Employees and Non-employees [Member]

Number of Shares [Roll Forward]

Vested (in shares)

Performance Share Units [Member] | Maximum [Member] | Employees and Non-employees [Member]

Number of Shares [Roll Forward]

Vested (in shares)

(801,014)

(2,219,554)

[1]	Unrecognized compensation cost is based upon the maximum amount of shares that could vest.

Income taxes, Income Tax Examinations, Undistributed Earnings and Preferential Tax Rates (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Undistributed Earnings [Abstract]
Deferred tax liability for undistributed earnings	$ 2,259
Preferential Tax Rates [Abstract]
Effective tax rate	11.80%	(1.90%)	(0.20%)
Foreign tax rate differential	(32.30%)	2.90%	8.70%
Income tax benefits	$ 12,461	$ 4,817	$ 439
Minimum [Member]
Income Tax Examinations [Abstract]
Tax examinations open period in other foreign jurisdictions	4 years
Maximum [Member]
Income Tax Examinations [Abstract]
Tax examinations open period in other foreign jurisdictions	6 years
Kuwait [Member]
Income Tax Examinations [Abstract]
Periods open for examination	2017 2018 2019
Jordan [Member]
Income Tax Examinations [Abstract]
Periods open for examination	2015 2016 2017
U.S. Federal and State [Member]
Income Tax Examinations [Abstract]
Periods open for examination	2019 2020
Puerto Rico [Member]
Preferential Tax Rates [Abstract]
Effective tax rate	4.00%
Foreign tax rate differential	4.00%
Income tax benefits	$ 14,047	$ 5,550
Amount per share of issued and outstanding common stock on a diluted basis (in dollars per share)	$ 0.07	$ 0.05

Subsequent events

12 Months Ended

Dec. 31, 2021

Subsequent events [Abstract]

Subsequent events

27.	Subsequent events

On February 28, 2022, the Company entered into an amendment to the Revolving Facility to increase the commitments thereunder by $115,000. Borrowings under the Revolving Facility will now bear interest at a per annum rate based on the Secured Overnight Financing Rate, as opposed to LIBOR. The Applicable Margin for borrowings under the Revolving Facility based on the current usage of the facility has not changed. No changes were made to the maturity date or covenants.

Revenue recognition (Tables)

12 Months Ended

Dec. 31, 2021

Revenue recognition [Abstract]

Other Revenue

	Year Ended December 31,
	2021		2020		2019
Development services revenue	$	125,924	$	129,753	$	27,308
Interest income and other revenue		35,261		3,586		16,317
Total other revenue	$	161,185	$	133,339	$	43,625

Contract with Customer, Asset and Liability

	December 31, 2021		December 31, 2020
Contract assets, net - current	$	7,462	$	4,029
Contract assets, net - non-current		36,757		30,434
Total contract assets, net	$	44,219	$	34,463

Contract liabilities	$	2,951	$	8,399

Revenue recognized in the year from:
Amounts included in contract liabilities at the beginning of the year	$	8,028	$	6,542

Remaining Performance Obligations

Period	Revenue
2022	$	480,052
2023		520,335
2024		516,660
2025		507,868
2026		505,729
Thereafter		7,997,353
Total	$	10,527,997

Property, Plant and Equipment Subject to Operating Leases

	December 31, 2021			December 31, 2020
Property, plant and equipment	$	1,274,234		$	18,394
Accumulated depreciation		(31,849	)		(932	)
Property, plant and equipment, net	$	1,242,385		$	17,462

Components of Lease Income

The components of lease income from vessel operating leases for the year ended December 31, 2021 were as follows:

	Year Ended
	December 31, 2021
Operating lease income	$	214,193
Variable lease income		11,067
Total operating lease income	$	225,260

Operating and Financing Lease Payments to be Received

The following table shows the expected future lease payments as of December 31, 2021, for 2022 through 2026 and thereafter:

	Future cash receipts
	Financing Leases		Operating Leases
2022	$	49,951	$	261,108
2023		50,616		144,744
2024		51,442		103,418
2025		51,876		26,022
2026		52,147		-
Thereafter		1,051,956		-
Total minimum lease receivable	$	1,307,988	$	535,292
Unguaranteed residual value		107,000
Gross investment in sales-type lease	$	1,414,988
Less: Unearned interest income		807,057
Less: Current expected credit losses		1,552
Net investment in leased vessel	$	606,379

Current portion of net investment in leased asset	$	3,704
Non-current portion of net investment in leased asset		602,675

Income taxes, Reconciliation of Income tax to Effective Tax Rate (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Effective Tax Rate [Abstract]
Income tax at the statutory rate	21.00%	21.00%	21.00%
Foreign tax rate differential	(32.30%)	2.90%	8.70%
US taxation on foreign earnings	9.60%	(2.90%)	0.00%
Change in valuation allowance	14.70%	(14.10%)	(12.90%)
Income attributable to non-controlling interest	0.80%	(6.40%)	(18.20%)
Effects of share based compensation	(8.50%)	0.00%	0.00%
Withholding taxes	9.50%	0.00%	0.00%
Income tax credits	(2.40%)	0.00%	0.00%
Other	(0.60%)	(2.40%)	1.20%
Effective income tax rate	11.80%	(1.90%)	(0.20%)

VIEs, Summary of Sale and Leaseback Arrangements (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)
Nanook [Member]
Sale and Leaseback Arrangements [Abstract]
End of lease term	Sep. 30, 2030
Date of next repurchase option	Mar. 31, 2022
Repurchase price at next repurchase option date	$ 199,099
Repurchase obligation at end of lease term	$ 94,179
Penguin [Member]
Sale and Leaseback Arrangements [Abstract]
End of lease term	Dec. 31, 2025
Date of next repurchase option	Dec. 31, 2022
Repurchase price at next repurchase option date	$ 84,668
Repurchase obligation at end of lease term	$ 63,040
Celsius [Member]
Sale and Leaseback Arrangements [Abstract]
End of lease term	Mar. 31, 2027
Date of next repurchase option	Mar. 31, 2022
Repurchase price at next repurchase option date	$ 98,290
Repurchase obligation at end of lease term	$ 45,000

Revenue recognition, Lessor Arrangements, Future Lease Payments (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Sales-type and Direct Financing Leases, Lease Receivable, Fiscal Year Maturity [Abstract]
2022	$ 49,951
2023	50,616
2024	51,442
2025	51,876
2026	52,147
Thereafter	1,051,956
Total minimum lease receivable	1,307,988
Unguaranteed residual value	107,000
Gross investment in sales-type lease	1,414,988
Less: Unearned interest income	807,057
Less: Current expected credit losses	1,552
Net investment in leased vessel	606,379
Current portion of net investment in leased asset	3,704
Non-current portion of net investment in leased asset	602,675	$ 7,044
Operating lease, payments, fiscal year maturity [Abstract]
2022	261,108
2023	144,744
2024	103,418
2025	26,022
2026	0
Thereafter	0
Total minimum lease receivable	$ 535,292

Debt, CHP Facility (Details) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended
Debt, CHP Facility (Details) - USD ($) $ in Thousands	Aug. 31, 2021	Mar. 01, 2022	Feb. 22, 2022	Dec. 31, 2021	Dec. 31, 2020
Line of Credit Facility [Abstract]
Remaining unamortized deferred financing costs				$ 40,125	$ 10,439
Amount outstanding				3,855,130	$ 1,239,561
CHP Facility [Member]
Line of Credit Facility [Abstract]
Amount received	$ 100,000
Fees incurred				3,243
Remaining unamortized deferred financing costs				$ 3,180
South Power 2029 Bonds [Member] \| Subsequent Event [Member]
Line of Credit Facility [Abstract]
Amount outstanding		$ 100,000
Fixed interest rate		6.50%
Maturity period		7 years
Frequency of payments		quarterly
South Power 2029 Bonds [Member] \| Subsequent Event [Member] \| Maximum [Member]
Line of Credit Facility [Abstract]
Aggregate principal amount		$ 285,000	$ 59,730

Inventory (Tables)

12 Months Ended

Dec. 31, 2021

Inventory [Abstract]

Inventory

As of December 31, 2021 and 2020, inventory consisted of the following:

	December 31, 2021		December 31, 2020
LNG and natural gas inventory	$	16,815	$	13,986
Automotive diesel oil inventory		4,789		3,986
Bunker fuel, materials, supplies and other		15,578		4,888
Total inventory	$	37,182	$	22,860

VIEs, Assets and Liabilities of Lessor VIEs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Assets [Abstract]
Restricted cash	$ 76,521	$ 27,814
Liabilities [Abstract]
Long-term interest bearing debt - current portion	97,251	0
Long-term interest bearing debt - non-current portion	3,757,879	$ 1,239,561
Addition to interest expenses	11,766
Amortization of premium	2,465
Addition of interest expenses after merger	9,301
Net cash used in financing activities after merger	236,916
Nanook [Member]
Assets [Abstract]
Restricted cash	4,772
Liabilities [Abstract]
Long-term interest bearing debt - current portion	0
Long-term interest bearing debt - non-current portion	186,638
Penguin [Member]
Assets [Abstract]
Restricted cash	5,563
Liabilities [Abstract]
Long-term interest bearing debt - current portion	18,798
Long-term interest bearing debt - non-current portion	71,237
Celsius [Member]
Assets [Abstract]
Restricted cash	25,316
Liabilities [Abstract]
Long-term interest bearing debt - current portion	5,799
Long-term interest bearing debt - non-current portion	$ 107,474

Related party transactions, Agency Agreement with PT Pesona Sentra Utama (Details) - PT Pesona [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)
Related party transaction [Abstract]
Percentage of shares issued capital	51.00%
Vessel management fees, charges	$ 434

Debt, Outstanding Debt Repayable (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Outstanding Debt Repayable [Abstract]
2022	$ 87,849
2023	133,052
2024	323,097
2025	1,318,381
2026	1,709,874
Thereafter	323,902
Total debt	3,896,155
Less: fair value adjustments to assumed debt obligations	(900)
Less: deferred finance charges	(40,125)	$ (10,439)
Total debt, net deferred finance charges	$ 3,855,130	$ 1,239,561

Goodwill and intangible assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and intangible assets [Abstract]

Summary of Changes in Carrying Amount of Goodwill

The following table summarizes the changes in the carrying amount of goodwill as of December 31, 2021 and 2020:

	Terminals and Infrastructure
Balance at December 31, 2020	$	-
Acquired in the Mergers		760,135
Balance at December 31, 2021	$	760,135

Composition of Intangible Assets

The following tables summarize the composition of intangible assets as of December 31, 2021 and 2020:

	December 31, 2021
	Gross Carrying Amount		Accumulated Amortization			Currency Translation Adjustment			Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Favorable vessel charter contracts	$	106,500	$	(27,074	)	$	-		$	79,426		3
Permits and development rights		48,217		(3,311	)		(119	)		44,787		38
Acquired power purchase agreements		16,585		(750	)		406			16,241		17
Easements		1,556		(243	)		-			1,313		30

Indefinite-lived intangible assets
Easements		1,191		-			(14	)		1,177		n/a
Total intangible assets	$	174,049	$	(31,378	)	$	273		$	142,944

	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Currency Translation Adjustment		Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Permits	$	42,441	$	(2,438	)	$	3,456	$	43,459		40
Easements		1,559		(190	)		-		1,369		30

Indefinite-lived intangible assets
Easements		1,191		-			83		1,274		n/a
Total intangible assets	$	45,191	$	(2,628	)	$	3,539	$	46,102

Estimated Aggregate Amortization Expense

The estimated aggregate amortization expense, inclusive of reductions in expense for the amortization of unfavorable contract liabilities assumed in the Mergers, for each of the next five years is:

Year ended December 31:
2022	$	37,434
2023		25,979
2024		17,409
2025		4,591
2026		2,335
Thereafter		51,086
Total	$	138,834

Goodwill and intangible assets

12 Months Ended

Dec. 31, 2021

Goodwill and intangible assets [Abstract]

Goodwill and intangible assets

15.	Goodwill and intangible assets

Goodwill

The following table summarizes the changes in the carrying amount of goodwill as of December 31, 2021 and 2020:

	Terminals and Infrastructure
Balance at December 31, 2020	$	-
Acquired in the Mergers		760,135
Balance at December 31, 2021	$	760,135

The Company performed its annual goodwill impairment test as of October 1, 2021 and conducted a qualitative assessment. The Company concluded that it was not more likely than not that the fair value of each reporting unit was less than the carrying amount, and no goodwill impairment charges were recognized during the year ended December 31, 2021.

Intangible assets

The following tables summarize the composition of intangible assets as of December 31, 2021 and 2020:

	December 31, 2021
	Gross Carrying Amount		Accumulated Amortization			Currency Translation Adjustment			Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Favorable vessel charter contracts	$	106,500	$	(27,074	)	$	-		$	79,426		3
Permits and development rights		48,217		(3,311	)		(119	)		44,787		38
Acquired power purchase agreements		16,585		(750	)		406			16,241		17
Easements		1,556		(243	)		-			1,313		30

Indefinite-lived intangible assets
Easements		1,191		-			(14	)		1,177		n/a
Total intangible assets	$	174,049	$	(31,378	)	$	273		$	142,944

	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Currency Translation Adjustment		Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Permits	$	42,441	$	(2,438	)	$	3,456	$	43,459		40
Easements		1,559		(190	)		-		1,369		30

Indefinite-lived intangible assets
Easements		1,191		-			83		1,274		n/a
Total intangible assets	$	45,191	$	(2,628	)	$	3,539	$	46,102

In conjunction with the Mergers, the Company acquired charter contracts with contractual rates that were favorable as compared to market rates and on the date of acquisition recognized intangible assets of $106,500. During the first quarter of 2021, the Company recognized additions to permits of $5,776 acquired in a transaction accounted for as asset acquisition related to licenses and rights to develop a gas-fired power plant and associated infrastructure in the Port of Suape in Brazil. The Company also acquired rights operated a power generation facility and sell power in Brazil of $16,585 (see Note 4. Acquisitions).

As of December 31, 2021 and 2020, the weighted-average remaining amortization periods for the intangible assets were 14.7 years and 37.5 years, respectively. Amortization expense for the year ended December 31, 2021 totaled $18,609, which is inclusive of reductions in expense for the amortization of unfavorable contract liabilities assumed in the Mergers. Amortization expense for the years ended December 31, 2020 and 2019 totaled $1,120 and $1,114, respectively.

The estimated aggregate amortization expense, inclusive of reductions in expense for the amortization of unfavorable contract liabilities assumed in the Mergers, for each of the next five years is:

Year ended December 31:
2022	$	37,434
2023		25,979
2024		17,409
2025		4,591
2026		2,335
Thereafter		51,086
Total	$	138,834

Segments (Tables)

12 Months Ended

Dec. 31, 2021

Segments [Abstract]

Segment Information

The table below presents segment information for the years ended December 31, 2021, 2020 and 2019:

Year Ended December 31, 2021
(in thousands of $)	Terminals and Infrastructure⁽¹⁾		Ships⁽²⁾		Total Segment		Consolidation and Other⁽³⁾			Consolidated
Statement of operations:
Total revenues	$	1,366,142	$	329,608	$	1,695,750	$	(372,940	)	$	1,322,810
Cost of sales		789,069		-		789,069		(173,059	)		616,010
Vessel operating expenses		3,442		64,385		67,827		(16,150	)		51,677
Operations and maintenance		92,424		-		92,424		(19,108	)		73,316
Segment Operating Margin	$	481,207	$	265,223	$	746,430	$	(164,623	)	$	581,807
Balance sheet:
Total assets⁽⁴⁾	$	4,775,392	$	2,101,100	$	6,876,492	$	-		$	6,876,492
Other segmental financial information:
Capital expenditures⁽⁴⁾⁽⁵⁾	$	833,910	$	8,293	$	842,203	$	-		$	842,203

Year Ended December 31, 2020
(in thousands of $)	Terminals and Infrastructure⁽¹⁾		Ships⁽²⁾		Total Segment		Consolidation and Other⁽³⁾		Consolidated
Statement of operations:
Total revenues	$	451,650	$	-	$	451,650	$	-	$	451,650
Cost of sales		278,767		-		278,767		-		278,767
Vessel operating expenses		-		-		-		-		-
Operations and maintenance		47,581		-		47,581		-		47,581
Segment Operating Margin	$	125,302	$	-	$	125,302	$	-	$	125,302
Balance sheet:
Total assets⁽⁴⁾	$	1,908,091	$	-	$	1,908,091	$	-	$	1,908,091
Other segmental financial information:
Capital expenditures⁽⁴⁾⁽⁵⁾	$	340,603	$	-	$	340,603	$	-	$	340,603

Year Ended December 31, 2019
	Terminals and								Consolidation
(in thousands of $)	Infrastructure⁽¹⁾			Ships⁽²⁾		Total Segment			and Other⁽³⁾		Consolidated
Statement of operations:
Total revenues	$	189,125		$	-	$	189,125		$	-	$	189,125
Cost of sales		183,359			-		183,359			-		183,359
Vessel operating expenses		-			-		-			-		-
Operations and maintenance		26,899			-		26,899			-		26,899
Segment Operating Margin	$	(21,133	)	$	-	$	(21,133	)	$	-	$	(21,133	)
Other segmental financial information:
Capital expenditures⁽⁵⁾	$	319,560		$	-	$	319,560		$	-	$	319,560

⁽¹⁾ Terminals and Infrastructure includes the Company’s effective share of revenues, expenses and operating margin attributable to 50% ownership of CELSEPAR. The losses attributable to the investment of $17,925 for the year ended December 31, 2021 are reported in income from equity method investments on the consolidated statements of operations and comprehensive income (loss). Terminals and Infrastructure does not include the unrealized mark-to-market loss on derivative instruments of $2,788 for the year ended December 31, 2021 reported in Cost of sales.

⁽²⁾ Ships includes the Company’s effective share of revenues, expenses and operating margin attributable to 50% ownership of the Hilli Common Units. The earnings attributable to the investment of $32,368 for the year ended December 31, 2021 are reported in income from equity method investments on the consolidated statements of operations and comprehensive income (loss).

⁽³⁾ Consolidation and Other adjusts for the inclusion of the effective share of revenues, expenses and operating margin attributable to 50% ownership of CELSEPAR and Hilli Common Units in our segment measure and exclusion of the unrealized mark-to-market gain or loss on derviative instruments.

⁽⁴⁾ Total assets and capital expenditure by segment refers to assets held and capital expenditures related to the development of the Company’s terminals and vessels. The Terminals and Infrastructure segment includes the net book value of vessels utilized within the Terminals and Infrastructure segment.

⁽⁵⁾ Capital expenditures includes amounts capitalized to construction in progress and additions to property, plant and equipment during the period.

Reconciliation of Net Loss to Consolidated Segment Operating Margin

The following table reconciles Net income (loss), the most comparable financial statement measure, to Consolidated Segment Operating Margin:

	Year Ended December 31,
(in thousands of $)		2021			2020			2019
Net income (loss)	$	92,711		$	(263,965	)	$	(204,319	)
Add:
Selling, general and administrative		199,881			120,142			152,922
Transaction and integration costs		44,671			4,028			-
Contract termination charges and loss on mitigation sales		-			124,114			5,280
Depreciation and amortization		98,377			32,376			7,940
Interest expense		154,324			65,723			19,412
Other (income) expense, net		(17,150	)		5,005			(2,807	)
Loss on extinguishment of debt, net		10,975			33,062			-
(Income) from equity method investments		(14,443)			-			-
Tax provision		12,461			4,817			439
Consolidated Segment Operating Margin	$	581,807		$	125,302		$	(21,133	)

Other non-current assets

12 Months Ended

Dec. 31, 2021

Other non-current assets [Abstract]

Other non-current assets

16.	Other non-current assets

As of December 31, 2021 and 2020, Other non-current assets consisted of the following:

	December 31, 2021		December 31, 2020
Deposits	$	2,400	$	28,509
Contract asset, net (Note 6)		36,757		30,434
Investments in equity securities		18,873		1,256
Cost to fulfill (Note 6)		10,377		10,688
Upfront payments to customers		9,748		6,330
Other		20,263		8,813
Total other non-current assets	$	98,418	$	86,030

Deposits as of December 31, 2020 are primarily related to deposits for land purchases in Ireland that we completed in 2021.

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.

The Company recognized unrealized gains (losses) on its investments in equity securities of $8,254, $(2,284) and $(1,116) for the year ended December 31, 2021, 2020 and 2019, respectively within Other (income), net in the consolidated statements of operations and comprehensive income (loss).

Other includes upfront payments to our service providers and financing costs associated with the Revolving Facility.

Equity method investments (Tables)

12 Months Ended

Dec. 31, 2021

Equity method investments [Abstract]

Changes in Equity Method Investments

Changes in the balance of the Company’s equity method investments is as follows:

	December 31, 2021
Equity method investments as of December 31, 2020	$	-
Acquisition of equity method investments in the Mergers		1,179,021
Dividends		(21,364	)
Equity in earnings / losses of investees		14,443
Foreign currency translation adjustment		9,913
Equity method investments as of December 31, 2021	$	1,182,013

Carrying Amount of Equity Method Investments

The carrying amount of equity method investments as of December 31, 2021 is as follows:

	December 31, 2021
Hilli LLC	$	366,504
CELSEPAR		815,509
Total	$	1,182,013

CELSEPAR [Member]

Equity method investments [Abstract]

Financial Information

The following table summarizes the financial information of CELSEPAR shown on a 100% basis as of December 31, 2021 and the period subsequent to the Mergers:

	December 31, 2021
Balance sheet
Current assets	$	314,811
Non-current assets		1,651,569
Current liabilities		366,530
Non-current liabilities		1,422,147

Statement of operations
Revenues	$	596,852
Net loss		(9,911	)

Hilli LLC [Member]

Equity method investments [Abstract]

Financial Information

The following table summarizes the financial information of Hilli LLC shown on a 100% basis as of December 31, 2021 and the period subsequent to the Mergers:

	December 31, 2021
Balance sheet
Current assets	$	68,435
Non-current assets		1,359,795
Current liabilities		61,595
Non-current liabilities		766,302

Statement of operations
Revenues	$	157,550
Net income		310,006

Debt, 2026 Senior Secured Notes (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Apr. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Senior Secured Notes [Abstract]
Remaining unamortized deferred financing costs		$ 40,125	$ 10,439
2026 Senior Secured Notes [Member]
Senior Secured Notes [Abstract]
Debt instrument, issued	$ 1,500,000
Fixed interest rate	6.50%
Issuance price percentage	100.00%
Frequency of payments		semi-annually
Maturity date		Sep. 30, 2026
Fees incurred	$ 25,217
Remaining unamortized deferred financing costs		$ 22,488

Restricted cash

12 Months Ended

Dec. 31, 2021

Restricted cash [Abstract]

Restricted cash

9.	Restricted cash

As of December 31, 2021 and 2020, restricted cash consisted of the following:

	December 31, 2021		December 31, 2020
Cash held by lessor VIEs	$	35,651	$	-
Collateral for letters of credit and performance bonds		27,614		900
Collateral for interest rate swaps		12,500		-
Collateral for performance under customer agreements		-		15,000
Collateral for LNG purchases		-		11,664
Other restricted cash		756		250
Total restricted cash	$	76,521	$	27,814

Current restricted cash	$	68,561	$	12,814
Non-current restricted cash		7,960		15,000

Restricted cash does not include minimum consolidated cash balances of $30,000 required to be maintained as part of the financial covenants for sale and leaseback financings and the Vessel Term Loan Facility that is included in Cash and cash equivalents on the consolidated balance sheets as of December 31, 2021.

Debt, Debenture Loan (Details) - 12 months ended Dec. 31, 2021 - Debenture Loan [Member] $ in Thousands, R$ in Millions	USD ($)	BRL (R$)
Debenture Loan [Abstract]
Aggregate principal amount	$ 45,000	R$ 255.6
Maturity date	Sep. 30, 2024
Variable interest rate	2.65%
Fair value	$ 44,566
Frequency of payments	semi-annually
Guarantee percentage of shares issued	100.00%
Brazil Interbank Deposit Futures Rate [Member]
Debenture Loan [Abstract]
Term of variable rate	1 day

Financial instruments (Tables)

12 Months Ended

Dec. 31, 2021

Financial instruments [Abstract]

Interest Rate and Cross Currency Interest Rate Swaps

The following table summarizes the terms of interest rate and cross currency interest rate swaps as of December 31, 2021:

Instrument

Notional Amount

(in thousands)

Maturity Dates

Fixed Interest Rate

Forward Foreign Exchange Rate

Interest rate swap: Receiving floating, pay fixed

356,250

March 2026

2.86%

N/A

Cross currency interest rate swap - Debenture Loan

BRL

230,100

September 2024

5.90%

5.424

Financial Assets and Financial Liabilities

The following table presents the Company’s financial assets and financial liabilities, including those that are measured at fair value, as of December 31, 2021 and 2020:

	Fair Value	December 31, 2021		December 31, 2021		December 31, 2020		December 31, 2020		Valuation
	Hierarchy	Carrying Value		Fair Value		Carrying Value		Fair Value		Technique
Non-Derivatives:
Cash and cash equivalents	Level 1	$	187,509	$	187,509	$	601,522	$	601,522	Market approach
Restricted cash	Level 1		76,521		76,521		27,814		27,814	Market approach
Investment in equity securities	Level 1		11,195		11,195		256		256	Market approach
Investment in equity securities	Level 3		7,678		7,678		1,000		1,000	Market approach
Long-term debt ⁽¹⁾	Level 2		3,895,255		3,910,425		1,250,000		1,327,488	Market approach
Derivatives:
Derivative liability ^(2) (3)	Level 3	$	30,686	$	30,686	$	10,716	$	10,716	Income approach
Equity agreement ^(3) (4)	Level 3		18,163		18,163		22,768		22,768	Income approach
Interest rate swap liability ^(5) (6)	Level 2		21,929		21,929		-		-	Income approach

⁽⁵⁾Interest rate swap liability and cross currency interest rate swap liability is presented within Other current liabilities on the consolidated balance sheets.

Fair Value and Currency Translation Adjustment

	Year Ended December 31,
	2021			2020		2019
Investment in equity securities - Fair value adjustment - (Gain) loss	$	(4,315	)	$	-	$	-
Derivative Liability/Equity Agreement - Fair value adjustment - (Gain) loss		(341	)		4,408		121
Interest rate swap - Fair value adjustment - (Gain) loss		(3,926	)		-		-
Cross currency interest rate swap - Fair value adjustment - (Gain) loss		(1,636	)		-		-

Income taxes, Uncertain Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income taxes [Abstract]
Balance at the beginning of the period	$ 0	$ 0
Assumed in the Mergers	12,705	0
Recognized in the income tax provision	(231)	0
Balance at the end of the period	12,474	$ 0
Accrued interest expense	1,371
Total interest accrued	3,667
Employment tax obligations	$ 6,309

Income taxes, Changes in Valuation Allowance on Deferred Tax Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income taxes [Abstract]
Balance at the beginning of the period	$ 132,497	$ 80,911
Valuation allowance dicrete benefit	13,772	51,586
Balance at the end of the period	$ 146,269	$ 132,497

Related party transactions

12 Months Ended

Dec. 31, 2021

Related party transactions

24.	Related party transactions

Management services

The Company is majority owned by Messrs. Edens (our chief executive officer and chairman of our Board of Directors) and Nardone (one of our Directors) who are currently employed by Fortress Investment Group LLC (“Fortress”). In the ordinary course of business, Fortress, through affiliated entities, charges the Company for administrative and general expenses incurred pursuant to its Administrative Services Agreement (“Administrative Agreement”). The charges under the Administrative Agreement that are attributable to the Company totaled $6,509, $7,291 and $7,942 for the years ended December 31, 2021, 2020 and 2019, respectively. Costs associated with the Administrative Agreement are included within Selling, general and administrative in the consolidated statements of operations and comprehensive income (loss). As of December 31, 2021 and 2020, $5,700 and $5,535 were due to Fortress, respectively.

In addition to 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 rates, charter costs of $4,466, $2,483 and $5,367 for the years ended December 31, 2021, 2020 and 2019, respectively. As of December 31, 2021 and 2020, $944 and $472 was due to this affiliate, respectively.

Land lease

The Company has leased land and office space from Florida East Coast Industries, LLC (“FECI”), which is controlled by funds managed by an affiliate of Fortress. 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 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 to Construction in progress and $223 was included in Selling, general and administrative in the consolidated statements of operations and comprehensive income (loss). The Company recognized expense related to the land lease still held by a related party of $526, $730 and $396 during the years ended December 31, 2021, 2020 and 2019, respectively, which was included within Operations and maintenance in the consolidated statements of operations and comprehensive income (loss). As of December 31, 2021 and 2020, $0 and $316 was due to FECI, respectively. As of December 31, 2021 and 2020, the Company has recorded a lease liability of $3,314 and $3,279, respectively, within Non-current lease liabilities on the consolidated balance sheets.

DevTech

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 was 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. During the third quarter of 2021, the Company settled all outstanding amounts due under notes payable; the consulting agreement was also restructured to settle all previous amounts owed to DevTech and to include a royalty payment based on certain volumes sold in Jamaica. The Company paid $988 to settle these outstanding amounts. Subsequent to the restructuring of the consulting agreement, the Company recognized approximately $176 in expense for the year ended December 31, 2021. As of December 31, 2021, $88 was due to DevTech; no amounts were due from DevTech.

As of December 31, 2020, $715 was owed to DevTech on the note payable; prior to settlement, the outstanding note payable due to DevTech was included in Other long-term liabilities on the consolidated balance sheets. The interest expense on the note payable due to DevTech was $77 and $94 for the years ended December 31, 2020 and 2019, respectively. As of December 31, 2020, $343 was due from DevTech.

Fortress affiliated entities

The Company provides certain administrative services to related parties including Fortress affiliated entities. There are no costs incurred by the Company as the Company is fully reimbursed for all costs incurred. Beginning in the fourth quarter of 2020, the Company began to sublease a portion of office space to an affiliate of an entity managed by Fortress, and for the years ended December 31, 2021 and 2020, $799 and $204, respectively, of rent and office related expenses were incurred by this affiliate. As of December 31, 2021 and 2020, $1,241 and $1,540 were due from affiliates, respectively.

Additionally, an entity formerly affiliated with Fortress and currently owned by Messrs. Edens and Nardone provides certain administrative services to the Company, as well as providing office space under a month-to-month non-exclusive license agreement. The Company incurred rent and administrative expenses of approximately $2,444, $2,357 and $811 for the years ended December 31, 2021, 2020 and 2019, respectively. As of December 31, 2021 and 2020, $2,444 and $2,657 were due to Fortress affiliated entities, respectively.

Agency agreement with PT Pesona Sentra Utama (or PT Pesona)

PT Pesona, an Indonesian company, owns 51% of the issued share capital in the Company’s subsidiary, PTGI, the owner and operator of NR Satu, and provides agency and local representation services for the Company with respect to NR Satu. PT Pesona and certain of its subsidiaries also charged vessel management fees to the Company for the provision of technical and commercial management of the vessels; total expenses incurred to PT Pesona were $434 for the year ended December 31, 2021, respectively.

Hilli guarantees

As part of the GMLP Merger, the Company agreed to assume a guarantee (the “Partnership Guarantee”) of 50% of the outstanding principal and interest amounts payable by Hilli Corp under the Hilli Leaseback. The Company also assumed a guarantee of the letter of credit (“LOC Guarantee”) issued by a financial institution in the event of Hilli Corp’s underperformance or non-performance under the LTA. Under the LOC Guarantee, the Company is severally liable for any outstanding amounts that are payable, up to approximately $19,000.

Subsequent to the GMLP Merger, under the Partnership Guarantee and the LOC Guarantee NFE’s subsidiary, GMLP, is required to comply with the following covenants and ratios:

• free liquid assets of at least $30 million throughout the Hilli Leaseback period;

• a maximum net debt to EBITDA ratio for the previous 12 months of 6.5:1; and

• a consolidated tangible net worth of $123.95 million.

As of December 31, 2021, the amount the Company has guaranteed under the Partnership Guarantee and the LOC Guarantee is $356,250, and the fair value of debt guarantee after amortization, presented under Other current liabilities and Other non-current liabilities on the consolidated balance sheet, amounted to $4,918 and $2,320, respectively. As of December 31, 2021 the Company was in compliance with the covenants and ratios for both Hilli guarantees.

CELSE inventory purchases

During the fourth quarter of 2021, the Company purchased 3.1 TBtus of LNG from CELSE for $35,173. The inventory purchased from CELSE was subsequently sold prior to December 31, 2021. As of December 31, 2021, there were no outstanding amounts payable to CELSE for the purchase of LNG.

Significant accounting policies, Revenue Recognition (Details)	12 Months Ended
	Dec. 31, 2021 Obligation
Revenue recognition [Abstract]
Number of performance obligations	1

Significant accounting policies (Tables)

12 Months Ended

Dec. 31, 2021

Significant accounting policies [Abstract]

Estimated Economic Life of Property Plant and Equipment

	Useful life (Yrs)
Vessels	5-30
Terminal and power plant equipment	4-24
CHP facilities	4-20
Gas terminals	5-24
ISO containers and associated equipment	3-25
LNG liquefaction facilities	20-40
Gas pipelines	4-24
Leashold improvements	2-20

Significant accounting policies, Taxation (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Taxation [Abstract]
Deferred tax assets, net	$ 5,999	$ 2,315
Deferred tax liabilities	371,139	$ 26,781
GILTI [Member]
Taxation [Abstract]
Deferred tax assets, net	0
Deferred tax liabilities	$ 0

Schedule II (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]

Accumulated deficit

$ (132,399)

$ (229,503)

ASC 326 [Member]

SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]

Accumulated deficit

229

Allowance for Expected Credit Losses [Member]

SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]

Balance at Beginning of Year

545

Additions

^[1],[2]

1,614

545

Deductions

Balance at End of Year

$ 2,159

545

$ 0

Allowance for Doubtful Accounts [Member]

SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]

Balance at Beginning of Year

$ 0

257

Additions

^[1],[2]

Deductions

(257)

Balance at End of Year

$ 0

[1]	Additions in 2020 include the cumulative effect of accounting change upon adoption of ASC 326 of $229 which is included within Accumulated deficit.
[2]	Amount expensed is included within Selling, general and administrative.

- Definition

The cumulative amount of the reporting entity's undistributed earnings or deficit.

+ References + Details

VIEs

12 Months Ended

Dec. 31, 2021

VIEs [Abstract]

VIEs

Lessor VIEs

The Company assumed sale leaseback arrangements for four vessels as part of the Mergers. The counterparty to each of these sale leaseback arrangements is a VIE, and these lessor VIEs are SPVs wholly owned by financial institutions. While the Company does not hold an equity investment in these entities, these lessor VIEs are consolidated in the consolidated financial statements, and all equity attributable to these lessor VIEs is included in non-controlling interest in the consolidated financial statements. Transactions between our wholly-owned subsidiaries and these VIEs are eliminated in consolidation, including sale leaseback transactions.

CCB Financial Leasing Corporation Limited (“CCBFL”)

In September 2018, the Nanook was sold to a subsidiary of CCBFL, Compass Shipping 23 Corporation Limited, and subsequently leased back on a bareboat charter for a term of twelve years. The Company has options to repurchase the vessel throughout the charter term at fixed pre-determined amounts, commencing from the third anniversary of the commencement of the bareboat charter, with an obligation to repurchase the vessel at the end of the twelve-year lease period.

Oriental Shipping Company (“COSCO”)

In December 2019, the Penguin was sold to a subsidiary of COSCO, Oriental Fleet LNG 02 Limited, and subsequently leased back on a bareboat charter for a term of six years. The Company has options to repurchase the vessel throughout the charter term at fixed pre-determined amounts, commencing from the first anniversary of the commencement of the bareboat charter, with an obligation to repurchase the vessel at the end of the six-year lease period.

AVIC International Leasing Company Limited (“AVIC”)

In March 2020, the Celsius was sold to a subsidiary of AVIC, Noble Celsius Shipping Limited, and subsequently leased back on a bareboat charter for a term of seven years. The Company has options to repurchase the vessel throughout the charter term at fixed predetermined amounts, commencing from the first anniversary of the commencement of the bareboat charter, with an obligation to repurchase the vessel at the end of the seven-year lease period.

China Merchants Bank Lending (“CMBL”)

In November 2015, the Eskimo was sold to a subsidiary of CMBL, Sea 23 Leasing Co. Limited (“Eskimo SPV”), and subsequently leased back under a bareboat charter for a term of ten years. The Company had options to repurchase the vessel throughout the charter term at fixed pre-determined amounts, commencing from the third anniversary of the commencement of the bareboat charter, with an obligation to repurchase the vessel at the end of the ten-year lease period.

In November 2021, the Company exercised its option to repurchase the Eskimo for a total payment of $190,518. After exercising the repurchase option, the Company no longer has a controlling financial interest in the Eskimo SPV, and therefore, upon closing of the repurchase option, the Company deconsolidated the Eskimo SPV from its financial results. The Company has recognized a loss of $10,975 from exiting this financing arrangement in loss on extinguishment of debt, net in the consolidated statements of operations and comprehensive income (loss).

While the Company does not hold an equity investment in the above SPVs, the Company has a variable interest in these SPVs. The Company is the primary beneficiary of these VIEs and, accordingly, these VIEs are consolidated into the Company’s financial results for the period after the Mergers. The effect of the bareboat charter arrangements is eliminated upon consolidation of the SPVs. The equity attributable to CCBFL, COSCO, AVIC and prior to the repurchase, CMBL, in their respective VIEs is included in non-controlling interests in the consolidated financial statements. As of December 31, 2021, the Penguin and Celsius was recorded in Property, plant and equipment, net on the consolidated balance sheet, and the Nanook was recognized in Finance leases, net on the consolidated balance sheet.

The following table gives a summary of the sale and leaseback arrangements, including repurchase options and obligations as of December 31, 2021:

Vessel	End of lease term	Date of next repurchase option	Repurchase price at next repurchase option date		Repurchase obligation at end of lease term
Nanook	September 2030	March 2022	$	199,099	$	94,179
Penguin	December 2025	December 2022		84,668		63,040
Celsius	March 2027	March 2022		98,290		45,000

A summary of payment obligations under the bareboat charters with the lessor VIEs as of December 31, 2021, are shown below:

Vessel	2022		2023		2024		2025		2026			2027	+
Nanook	$	21,810	$	21,197	$	20,608	$	19,971	$	19,358	$	67,153
Penguin		12,003		11,635		11,245		8,196		-		-
Celsius		15,847		15,265		14,695		14,102		12,868		-

The payment obligation table above includes variable rental payments due under the lease based on an assumed LIBOR plus margin but excludes the repurchase obligation at the end of lease term.

The assets and liabilities of these lessor VIEs that most significantly impact the consolidated balance sheet as of December 31, 2021 are as follows:

	Nanook		Penguin		Celsius
Assets
Restricted cash	$	4,772	$	5,563	$	25,316
Liabilities
Long-term interest bearing debt - current portion	$	-	$	18,798	$	5,799
Long-term interest bearing debt - non-current portion		186,638		71,237		107,474

As a result of the Mergers, the most significant impact of the lessor VIEs operations on the Company’s consolidated statement of operations is an addition to interest expense of $11,766 for the year ended December 31, 2021. Upon assumption of the debt held by VIEs in conjunction with the Mergers, the Company recognized the liabilities assumed at fair value, and the amortization of the discount of $2,465 has been recognized as an addition to interest expense incurred of $9,301 for the year ended December 31, 2021. The most significant impact of the lessor VIEs cash flows on the consolidated statements of cash flows is net cash used in financing activities of $236,916 for the period subsequent to the completion of the Mergers.

Other VIEs

Hilli LLC

The Company acquired an interest of 50% of the common units of Hilli LLC (“Hilli Common Units”) as part of the acquisition of GMLP. Hilli LLC owns Golar Hilli Corporation (“Hilli Corp”), the disponent owner of the Hilli. The Company determined that Hilli LLC is a VIE, and the Company is not the primary beneficiary of Hilli LLC. Thus, Hilli LLC has not been consolidated into the financial statements and has been recognized as an equity method investment.

As of December 31, 2021 the maximum exposure as a result of the Company’s ownership in the Hilli LLC is the carrying value of the equity method investment of $366,504 and the outstanding portion of the Hilli Leaseback (defined below) which have been guaranteed by the Company.

PT Golar Indonesia (“PTGI”)

The Company acquired all of the voting stock and controls all of the economic interests in PTGI pursuant to a shareholders’ agreement with the other shareholder of PTGI, PT Pesona Sentra Utama (“PT Pesona”), as part of the acquisition of GMLP. PT Pesona holds the remaining 51% interest in the issued share capital of PTGI and provides agency and local representation services for the Company with respect to NR Satu. PTGI is the owner and operator of NR Satu. The Company determined that PTGI is a VIE, and the Company is the primary beneficiary of PTGI. Thus, PTGI has been consolidated into the financial statements.

The following table summarizes the balance sheet of PTGI as of December 31, 2021:

Assets	December 31, 2021
Current assets
Cash & cash equivalents	$	3,257
Receivables, net		2,610
Total current assets		5,867

Property, plant and equipment, net		178,440
Intangible assets, net		15,595
Other non-current assets, net		2,642
Total assets	$	202,544

Liabilities
Accounts payable	$	16,219
Accrued liabilities		907
Other current liabilities		3,664
Total current liabilities		20,790

Deferred tax liabilities, net		2,711
Total liabilities		23,501

Total stockholder’s equity		179,043
Total liabilities and stockholder’s equity	$	202,544

Trade creditors of PTGI have no recourse to our general credit. PTGI paid no dividends to PT Persona during the period after the Mergers.

VIEs, Lessor VIEs (Details) $ in Thousands	1 Months Ended	12 Months Ended
VIEs, Lessor VIEs (Details) $ in Thousands	Nov. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) Vessel	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Lessor VIEs [Abstract]
Number of vessels leased \| Vessel		4
Loss on extinguishment of debt, net		$ (10,975)	$ (33,062)	$ 0
CCB Financial Leasing Corporation Limited [Member] \| Nanook [Member]
Lessor VIEs [Abstract]
Term of charter contract		12 years
Lease period to repurchase vessel		12 years
Oriental Shipping Company [Member] \| Penguin [Member]
Lessor VIEs [Abstract]
Term of charter contract		6 years
Lease period to repurchase vessel		6 years
AVIC International Leasing Company Limited [Member] \| Celsius [Member]
Lessor VIEs [Abstract]
Term of charter contract		7 years
Lease period to repurchase vessel		7 years
China Merchants Bank Lending [Member] \| Eskimo [Member]
Lessor VIEs [Abstract]
Term of charter contract		10 years
Lease period to repurchase vessel		10 years
Payment from exercise of option to terminate sale leaseback agreement	$ 190,518
Loss on extinguishment of debt, net		$ 10,975

Segments

12 Months Ended

Dec. 31, 2021

Segments [Abstract]

Segments [Text Block]

26.

Segments

As of December 31, 2021, the Company operates in two reportable segments: Terminals and Infrastructure and Ships:

•

Terminals and Infrastructure includes the Company’s vertically integrated gas to power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities and conversion or development of natural gas-fired power generation. Leased vessels as well as acquired vessels that are utilized in the Company’s terminal or logistics operations are included in this segment.

•

Ships includes FSRUs and LNG carriers that are leased to customers under long-term or spot arrangements. FSRUs are stationed offshore for customer’s operations to regasify LNG; six of the FSRUs acquired in the Mergers are included in this segment, including the Nanook. LNG carriers are vessels that transport LNG and are compatible with many LNG loading and receiving terminals globally. Five of the LNG carriers acquired in the Mergers are included in this segment. The Company’s investment in Hilli LLC is also included in the Ships segment.

The CODM uses Segment Operating Margin to evaluate the performance of the segments and allocate resources. Segment Operating Margin is defined as the segment’s revenue less cost of sales less operations and maintenance less vessel operating expenses, excluding unrealized gains or losses to instruments recognized at fair value. Terminals and Infrastructure Segment Operating Margin includes our effective share of revenue, expenses and operating margin attributable to our 50% ownership of CELSEPAR. Ships Operating Margin includes our effective share of revenue, expenses and operating margin attributable to our ownership of 50% of the common units of Hilli LLC.

Management considers Segment Operating Margin to be the appropriate metric to evaluate and compare the ongoing operating performance of the Company’s segments on a consistent basis across reporting periods as it eliminates the effect of items which management does not believe are indicative of each segment’s operating performance.

The table below presents segment information for the years ended December 31, 2021, 2020 and 2019:

Year Ended December 31, 2021
(in thousands of $)	Terminals and Infrastructure⁽¹⁾		Ships⁽²⁾		Total Segment		Consolidation and Other⁽³⁾			Consolidated
Statement of operations:
Total revenues	$	1,366,142	$	329,608	$	1,695,750	$	(372,940	)	$	1,322,810
Cost of sales		789,069		-		789,069		(173,059	)		616,010
Vessel operating expenses		3,442		64,385		67,827		(16,150	)		51,677
Operations and maintenance		92,424		-		92,424		(19,108	)		73,316
Segment Operating Margin	$	481,207	$	265,223	$	746,430	$	(164,623	)	$	581,807
Balance sheet:
Total assets⁽⁴⁾	$	4,775,392	$	2,101,100	$	6,876,492	$	-		$	6,876,492
Other segmental financial information:
Capital expenditures⁽⁴⁾⁽⁵⁾	$	833,910	$	8,293	$	842,203	$	-		$	842,203

Year Ended December 31, 2020
(in thousands of $)	Terminals and Infrastructure⁽¹⁾		Ships⁽²⁾		Total Segment		Consolidation and Other⁽³⁾		Consolidated
Statement of operations:
Total revenues	$	451,650	$	-	$	451,650	$	-	$	451,650
Cost of sales		278,767		-		278,767		-		278,767
Vessel operating expenses		-		-		-		-		-
Operations and maintenance		47,581		-		47,581		-		47,581
Segment Operating Margin	$	125,302	$	-	$	125,302	$	-	$	125,302
Balance sheet:
Total assets⁽⁴⁾	$	1,908,091	$	-	$	1,908,091	$	-	$	1,908,091
Other segmental financial information:
Capital expenditures⁽⁴⁾⁽⁵⁾	$	340,603	$	-	$	340,603	$	-	$	340,603

Year Ended December 31, 2019
	Terminals and								Consolidation
(in thousands of $)	Infrastructure⁽¹⁾			Ships⁽²⁾		Total Segment			and Other⁽³⁾		Consolidated
Statement of operations:
Total revenues	$	189,125		$	-	$	189,125		$	-	$	189,125
Cost of sales		183,359			-		183,359			-		183,359
Vessel operating expenses		-			-		-			-		-
Operations and maintenance		26,899			-		26,899			-		26,899
Segment Operating Margin	$	(21,133	)	$	-	$	(21,133	)	$	-	$	(21,133	)
Other segmental financial information:
Capital expenditures⁽⁵⁾	$	319,560		$	-	$	319,560		$	-	$	319,560

⁽⁵⁾ Capital expenditures includes amounts capitalized to construction in progress and additions to property, plant and equipment during the period.

Consolidated Segment Operating Margin is defined as net income (loss), adjusted for selling, general and administrative expenses, transaction and integration costs, depreciation and amortization, interest expense, other (income) expense, income from equity method investments and tax expense.

The following table reconciles Net income (loss), the most comparable financial statement measure, to Consolidated Segment Operating Margin:

	Year Ended December 31,
(in thousands of $)		2021			2020			2019
Net income (loss)	$	92,711		$	(263,965	)	$	(204,319	)
Add:
Selling, general and administrative		199,881			120,142			152,922
Transaction and integration costs		44,671			4,028			-
Contract termination charges and loss on mitigation sales		-			124,114			5,280
Depreciation and amortization		98,377			32,376			7,940
Interest expense		154,324			65,723			19,412
Other (income) expense, net		(17,150	)		5,005			(2,807	)
Loss on extinguishment of debt, net		10,975			33,062			-
(Income) from equity method investments		(14,443)			-			-
Tax provision		12,461			4,817			439
Consolidated Segment Operating Margin	$	581,807		$	125,302		$	(21,133	)

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

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
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Construction in progress (Tables)

12 Months Ended

Dec. 31, 2021

Construction in progress [Abstract]

Construction in Progress Activity

The Company’s construction in progress activity during the years ended December 31, 2021 and 2020 is detailed below:

	December 31, 2021			December 31, 2020
Balance at beginning of period	$	234,037		$	466,587
Acquisition of construction in progress from business combinations		128,625			-
Additions		790,395			118,530
Impact of change in FX rates		(6,428	)		-
Transferred to property, plant and equipment, net or finance leases		(102,746	)		(351,080	)
Balance at end of period	$	1,043,883		$	234,037

Other current liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Other current liabilities [Abstract]
Deferred revenue	$ 28,662	$ 7,120
Interest rate swaps (Note 8)	21,929	0
Equity agreement (Note 8)	18,163	22,768
Income tax payable	8,881	2,046
Due to affiliates	9,088	8,980
Other current liabilities	19,313	3,072
Total other current liabilities	$ 106,036	$ 43,986

Equity method investments, Carrying Amount of Equity Method Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Carrying Amount of Equity Method Investments [Abstract]
Carrying amount of equity method investments	$ 1,182,013	$ 0
Equity method investments, difference amount of proportionate share of investees	792,995
Allocated to tangible assets	750,824
Hilli LLC [Member]
Carrying Amount of Equity Method Investments [Abstract]
Carrying amount of equity method investments	366,504
CELSEPAR [Member]
Carrying Amount of Equity Method Investments [Abstract]
Carrying amount of equity method investments	$ 815,509

Other current liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Other current liabilities [Abstract]

Components of Other Current Liabilities

As of December 31, 2021 and 2020, other current liabilities consisted of the following:

	December 31, 2021		December 31, 2020
Deferred revenue	$	28,662	$	7,120
Interest rate swaps (Note 8)		21,929		-
Equity agreement (Note 8)		18,163		22,768
Income tax payable		8,881		2,046
Due to affiliates		9,088		8,980
Other current liabilities		19,313		3,072
Total other current liabilities	$	106,036	$	43,986

Property, plant and equipment, net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment, Net [Abstract]
Accumulated depreciation	$ (141,915)	$ (62,475)
Total property, plant and equipment, net	2,137,936	614,206
Depreciation	80,220	32,116	$ 7,527
Capitalized drydocking costs	8,087
Cost of Sales [Member]
Property, Plant and Equipment, Net [Abstract]
Depreciation	1,167	927	$ 701
Vessels [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	1,461,211	0
Terminal and Power Plant Equipment [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	206,889	188,855
CHP Facilities [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	122,777	119,723
Gas Terminals [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	167,614	120,810
ISO Containers and Other Equipment [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	134,775	100,137
LNG Liquefaction Facilities [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	63,213	63,213
Gas Pipelines [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	58,987	58,974
Land [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	55,008	16,246
Leasehold Improvements [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	$ 9,377	$ 8,723

Organization (Details) $ / shares in Units, $ in Thousands		12 Months Ended
Organization (Details) $ / shares in Units, $ in Thousands	Apr. 15, 2021 USD ($) Fleet Carrier $ / shares shares	Dec. 31, 2021 Carrier Segment
Business Combination, Description [Abstract]
Number of other FSRU fleet acquired \| Fleet	6
Number of LNG carriers acquired \| Carrier	6	5
Number of operating segments \| Segment		2
Hygo Merger Agreement [Member]
Business Combination, Description [Abstract]
Cash consideration at date of merger	$ 580,000
Number of common stock, shares issued upon merger transaction (in shares) \| shares	1,400,784
Percentage of interest acquired in power plant	50.00%
Hygo Merger Agreement [Member] \| Class A Common Stock [Member]
Business Combination, Description [Abstract]
Number of common stock, shares issued upon merger transaction (in shares) \| shares	31,372,549
GMLP Merger Agreement [Member]
Business Combination, Description [Abstract]
Cash consideration at date of merger	$ 251,329
Purchase price (in dollars per share) \| $ / shares	$ 3.55
Outstanding membership interests amount	$ 251,000
Sergipe Facility [Member]
Business Combination, Description [Abstract]
Percentage of interest acquired in power plant	50.00%

Goodwill and intangible assets, Goodwill (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)
Goodwill [Roll Forward]
Balance at beginning of period	$ 0
Balance at end of period	760,135
Terminals and Infrastructure [Member]
Goodwill [Roll Forward]
Balance at beginning of period	0
Acquired in the Mergers	760,135
Balance at end of period	$ 760,135

Related party transactions, Hilli Guarantees (Details) - Hilli Guarantees [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)
Related party transaction [Abstract]
Percentage agreed to assume the outstanding principal and interest amount	50.00%
Free liquid assets	$ 30,000
Consolidated tangible net worth	123,950
Letter of credit guarantee amount	356,250
Other Current Liabilities [Member]
Related party transaction [Abstract]
Fair value of debt guarantee after amortization	4,918
Other Non-current Liabilities [Member]
Related party transaction [Abstract]
Fair value of debt guarantee after amortization	2,320
Maximum [Member]
Related party transaction [Abstract]
Letter of credit guarantee, liable for outstanding amounts that are payable	$ 19,000
Net debt to EBITDA ratio	6.5

Financial instruments, Fair Value (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Non- Derivatives [Abstract]

Restricted cash

$ 76,521

$ 27,814

Investment in equity securities

18,873

1,256

Derivatives [Abstract]

Equity agreement

18,163

22,768

Interest rate swap liability

21,929

Deferred financing costs

40,125

10,439

Assumed liabilities payments

8,608

Derivative liabilities

10,520

Fair Value Adjustment and Currency Translation Adjustment [Abstract]

Investment in equity securities - Fair value adjustment - (Gain) loss

(4,315)

$ 0

Derivative liability/Equity agreement - Fair value adjustment - Loss (Gain)

(341)

4,408

121

Collateral for interest rate swaps

12,500

Interest Rate Swap [Member]

Fair Value Adjustment and Currency Translation Adjustment [Abstract]

Fair value adjustment loss (gain)

(3,926)

Cross Currency Interest Rate Contract [Member]

Fair Value Adjustment and Currency Translation Adjustment [Abstract]

Fair value adjustment loss (gain)

(1,636)

$ 0

Level 1 [Member] | Market Approach [Member] | Carrying Value [Member]

Non- Derivatives [Abstract]

Cash and cash equivalents

187,509

601,522

Restricted cash

76,521

27,814

Investment in equity securities

11,195

256

Level 1 [Member] | Market Approach [Member] | Fair Value [Member]

Non- Derivatives [Abstract]

Cash and cash equivalents

187,509

601,522

Restricted cash

76,521

27,814

Investment in equity securities

11,195

256

Level 2 [Member] | Market Approach [Member] | Carrying Value [Member]

Non- Derivatives [Abstract]

Long-term debt

^[1]

3,895,255

1,250,000

Level 2 [Member] | Market Approach [Member] | Fair Value [Member]

Non- Derivatives [Abstract]

Long-term debt

^[1]

3,910,425

1,327,488

Level 2 [Member] | Income Approach [Member] | Carrying Value [Member] | Cross Currency Interest Rate Contract [Member]

Derivatives [Abstract]

Interest rate swap liability

^[2],[3]

21,929

Level 2 [Member] | Income Approach [Member] | Fair Value [Member] | Cross Currency Interest Rate Contract [Member]

Derivatives [Abstract]

Interest rate swap liability

^[2],[3]

21,929

Level 3 [Member] | Market Approach [Member] | Carrying Value [Member]

Non- Derivatives [Abstract]

Investment in equity securities

7,678

1,000

Level 3 [Member] | Market Approach [Member] | Fair Value [Member]

Non- Derivatives [Abstract]

Investment in equity securities

7,678

1,000

Level 3 [Member] | Income Approach [Member] | Carrying Value [Member]

Derivatives [Abstract]

Derivative liability

^[4],[5]

30,686

10,716

Equity agreement

^[5],[6]

18,163

22,768

Level 3 [Member] | Income Approach [Member] | Fair Value [Member]

Derivatives [Abstract]

Derivative liability

^[4],[5]

30,686

10,716

Equity agreement

^[5],[6]

$ 18,163

$ 22,768

[1]	Long-term debt is recorded at amortized cost on the consolidated balance sheets, and is presented in the above table on a gross basis and not reflective of the deferred financing costs of $40,125 and $10,439 as of December 31, 2021 and December 31, 2020, respectively.
[2]	Interest rate swap liability and cross currency interest rate swap liability is presented within Other current liabilities on the consolidated balance sheets.
[3]	The fair value of certain derivative instruments, including interest rate swaps, is estimated considering current interest rates, foreign exchange rates, closing quoted market prices and the creditworthiness of counterparties.
[4]	Consideration due to the sellers in assets acquistions when certain contingent events occur. The liability associated with the derivative liabilities is recorded within Other current liabilities and Other long-term liabilities on the consolidated balance sheets.
[5]	The Company estimates fair value of the derivative liability and equity agreement using a discounted cash flows method with discount rates based on with similar credit ratings and matching terms to the discount periods as well as a probability of the contingent event occurring.
[6]	To be paid at the earlier of agreed-upon date or the date on which the valid planning permission is received for the facility in development in Shannon, Ireland. The liability associated with the equity agreement is recorded within Other current liabilities on the consolidated balance sheets.

Significant accounting policies, Contract Termination Charges and Loss on Mitigation Sales (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Contract Termination Charges and Loss on Mitigation Sales [Abstract]
Termination charges	$ 0	$ 105,000
Loss on mitigation sales	$ 0	$ (19,114)

Significant accounting policies, Property Plant and Equipment Net (Details)	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment, Net [Abstract]
Anticipated drydocking period	5 years
Vessels [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	5 years
Vessels [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	30 years
Terminal and Power Plant Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	4 years
Terminal and Power Plant Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	24 years
CHP Facilities [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	4 years
CHP Facilities [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	20 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	24 years
ISO containers and Associated Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	3 years
ISO containers and Associated Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	25 years
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	40 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	24 years
Leasehold Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	2 years
Leasehold Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	20 years

Income taxes, Significant Deferred Tax Asset or Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deferred Tax Assets [Abstract]
Outside basis difference in partnership	$ 0	$ 64,553
Accrued interest	26,408	18,885
IRC Section 163(j) interest carryforward	21,782	6,909
Federal and state net operating loss carryforward	19,061	32,145
Foreign net operating loss carryforward	43,735	24,525
Lease liability	60,967	4,383
Goodwill	55,394	0
Other	26,547	7,863
Total deferred tax assets	253,894	159,263
Valuation allowance	(146,269)	(132,497)	$ (80,911)
Deferred tax assets, net of valuation allowance	107,625	26,766
Deferred Tax Liabilities [Abstract]
Equity method investments	(252,224)	0
Property and equipment	(47,205)	(22,566)
Lease asset	(62,403)	(4,215)
Other	(9,307)	0
Total deferred tax liabilities	(371,139)	(26,781)
Net deferred tax liabilities	$ (263,514)	$ (15)
Foreign tax rate	11.80%	(1.90%)	(0.20%)
Net deferred tax liabilities		$ 269,856
Offset percentage of future taxable income	80.00%
Operating loss carryforwards from foreign subsidiaries	$ 157,149
Operating loss carryforwards, subject to expiration	24,685
Mergers [Member]
Deferred Tax Liabilities [Abstract]
Percentage of voting interest acquired		100.00%
Federal [Member]
Deferred Tax Liabilities [Abstract]
Operating loss carryforwards	87,073
State [Member]
Deferred Tax Liabilities [Abstract]
Operating loss carryforwards	17,915
Internal Revenue Service (IRS) [Member]
Deferred Tax Liabilities [Abstract]
Operating loss carryforwards annual limitation	$ 5,431
Foreign [Member]
Deferred Tax Liabilities [Abstract]
Foreign tax rate	0.00%

Other non-current assets (Details) $ in Thousands	12 Months Ended
Other non-current assets (Details) $ in Thousands	Dec. 31, 2021 USD ($) SalesContract	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Other non-current assets [Abstract]
Deposits	$ 2,400	$ 28,509
Contract asset net (Note 6)	36,757	30,434
Investment in equity securities	18,873	1,256
Cost to fulfill (Note 6)	10,377	10,688
Upfront payments to customers	9,748	6,330
Other	20,263	8,813
Total other non-current assets	$ 98,418	86,030
Number of sales contracts \| SalesContract	2
Other Assets, Noncurrent [Abstract]
Recognized unrealized gains (losses)	$ 8,254	$ (2,284)	$ (1,116)

Significant accounting policies

12 Months Ended

Dec. 31, 2021

Significant accounting policies [Abstract]

Significant accounting policies

2.	Significant accounting policies

The principal accounting policies adopted are set out below.

(a)	Basis of presentation and principles of consolidation

(b)	Use of estimates

(c)	Foreign currencies

(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

(g)	Inventories

(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.

(i)	Property, plant and equipment, net

	Useful life (Yrs)
Vessels	5-30
Terminal and power plant equipment	4-24
CHP facilities	4-20
Gas terminals	5-24
ISO containers and associated equipment	3-25
LNG liquefaction facilities	20-40
Gas pipelines	4-24
Leashold improvements	2-20

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.

(j)	Impairment of long-lived assets

(k)	Investments in equity securities

(l)	Intangible assets

(m)

Goodwill

Goodwill includes the excess of the purchase price over the fair value of the net tangible and intangible assets associated with the Mergers.

There was no impairment of goodwill for the year ended December 31, 2021.

(o)	Long-term debt and debt issuance costs

(p)	Contingencies

(q)	Revenue recognition

Terminals and Infrastructure

Ships

(r)	Leases, as lessee

(s)	Share-based compensation

(t)	Lessor expense recognition

Initial direct costs include costs directly related to the negotiation and consummation of the lease are deferred and recognized in Vessel operating expenses over the lease term.

(u)	Transaction and integration costs

(v)	Contract termination charges and loss on mitigation sales

(w)

Taxation

Other taxes

(x)	Net income (loss) per share

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.

(y)	Acquisitions

(z)	Equity method investments

(aa)	Loss of control of subsidiary

(ab)	Guarantees

(ac)	Derivatives

Label	Element	Value
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation	$ 41,205,000
Shares Issued in Exchange of Units	nfe_SharesIssuedInExchangeOfUnits	0
Class A stock issued, net of issuance costs	us-gaap_StockIssuedDuringPeriodValueNewIssues	268,010,000
Effects of Reorganization Transactions Value	nfe_EffectsOfReorganizationTransactionsValue	0
Stock Issued During Period, Value, Restricted Stock Award, Forfeitures	us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	0
Other Comprehensive Income (Loss), Net of Tax	us-gaap_OtherComprehensiveIncomeLossNetOfTax	(219,000)
Accumulated Other Comprehensive (Loss) Income [Member]
Net income	us-gaap_ProfitLoss	11,000
Other Comprehensive Income (Loss), Net of Tax	us-gaap_OtherComprehensiveIncomeLossNetOfTax	(30,000)
Non-controlling Interest [Member]
Shares Issued in Exchange of Units	nfe_SharesIssuedInExchangeOfUnits	(6,225,000)
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	235,874,000
Effects of Reorganization Transactions Value	nfe_EffectsOfReorganizationTransactionsValue	229,229,000
Net income	us-gaap_ProfitLoss	(91,000)
Net income	us-gaap_ProfitLoss	(170,419,000)
Other Comprehensive Income (Loss), Net of Tax	us-gaap_OtherComprehensiveIncomeLossNetOfTax	$ (189,000)
Members' Capital [Member]
Effects of Reorganization Transactions Shares	nfe_EffectsOfReorganizationTransactionsShares	(67,983,095)
Effects of Reorganization Transactions Value	nfe_EffectsOfReorganizationTransactionsValue	$ (426,741,000)
Accumulated Deficit [Member]
Effects of Reorganization Transactions Value	nfe_EffectsOfReorganizationTransactionsValue	146,420,000
Net income	us-gaap_ProfitLoss	(7,923,000)
Net income	us-gaap_ProfitLoss	(25,897,000)
Class A Shares [Member] \| Common Stock [Member]
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation	41,205,000
Shares Issued in Exchange of Units	nfe_SharesIssuedInExchangeOfUnits	$ 6,225,000
Number of Shares Exchanged, Shares	nfe_NumberOfSharesExchangedShares	2,716,252
Stock Issued During Period, Shares, New Issues	us-gaap_StockIssuedDuringPeriodSharesNewIssues	20,837,272
Class A stock issued, net of issuance costs	us-gaap_StockIssuedDuringPeriodValueNewIssues	$ 32,136,000
Issuance of shares for vested RSUs (in shares)	us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross	53,572
Effects of Reorganization Transactions Value	nfe_EffectsOfReorganizationTransactionsValue	$ 51,092,000
Class B Shares [Member] \| Common Stock [Member]
Number of Shares Exchanged, Shares	nfe_NumberOfSharesExchangedShares	(2,716,252)
Effects of Reorganization Transactions Shares	nfe_EffectsOfReorganizationTransactionsShares	147,058,824

Acquisitions, GLNG Management and Services Agreements (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)
Ship Management Agreements [Member]
Related party transaction [Abstract]
Termination period	12 months
Period from the date on which notice is received	2 months
GLNG Management and Services Agreements [Member]
Related party transaction [Abstract]
Aggregate annual fee	$ 250
Management, services or guarantee fees	10,881
GLNG Management and Services Agreements [Member] \| Transition Services Agreements [Member]
Related party transaction [Abstract]
Monthly payments	$ 329
GLNG Management and Services Agreements [Member] \| Bermuda Services Agreement [Member]
Related party transaction [Abstract]
Termination period	30 days
Aggregate annual fee	$ 300

Equity method investments, Hilli LLC (Details) $ in Thousands	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 04, 2019 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2021 USD ($) Class Payment	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Balance Sheet [Abstract]
Current assets			$ 584,866	$ 762,010
Current liabilities			562,511	191,150
Statement of Operations [Abstract]
Revenues			1,322,810	451,650	$ 189,125
Net income	$ (8,003)	$ (196,316)	$ 92,711	$ (263,965)	$ (204,319)
Hilli LLC [Member]
Equity Method Investments [Abstract]
Equity method ownership percentage			50.00%
Number of classes of ownership units \| Class			3
Period of liquefaction tolling agreement			8 years
Period of distributions after end of each quarter			60 days
Limit of increase in brent crude price per barrel to calculate Series A distributions			$ 60
Percentage of Series B distributions in revenues less expenses			95.00%
Percentage of revenues less expenses received			5.00%
Percentage of reimbursements to other investors			50.00%
Percentage reimbursement by other investors			50.00%
Period of bareboat charter agreement			10 years
Postconstruction financing amount			$ 960,000
Number of consecutive equal quarterly repayments \| Payment			40
Percentage of repayments in construction cost			1.375%
Financial information basis percentage			100.00%
Balance Sheet [Abstract]
Current assets			$ 68,435
Non-current assets			1,359,795
Current liabilities			61,595
Non-current liabilities			766,302
Statement of Operations [Abstract]
Revenues			157,550
Net income			$ 310,006
Hilli LLC [Member] \| LIBOR [Member]
Equity Method Investments [Abstract]
Interest rate			4.15%
Hilli LLC [Member] \| Maximum [Member]
Equity Method Investments [Abstract]
Percentage of production capacity			50.00%
Percentage of production capacity available			50.00%
Operating expenses and withholding taxes annual threshold			$ 20,000

Financial instruments, Interest Rate and Currency Risk Management (Details)	12 Months Ended
	Dec. 31, 2021 USD ($)	Dec. 31, 2021 BRL (R$)
Interest Rate Swap [Member]
Derivative, Fair Value, Net [Abstract]
Notional amount \| $	$ 356,250
Maturity dates	Mar. 31, 2026
Fixed interest rate	2.86%	2.86%
Cross Currency Interest Rate Swap [Member]
Derivative, Fair Value, Net [Abstract]
Notional amount \| R$		R$ 230,100
Maturity dates	Sep. 30, 2024
Fixed interest rate	5.90%	5.90%
Forward foreign exchange rate	5.424	5.424

Inventory

12 Months Ended

Dec. 31, 2021

Inventory [Abstract]

Inventory

10.

Inventory

As of December 31, 2021 and 2020, inventory consisted of the following:

	December 31, 2021		December 31, 2020
LNG and natural gas inventory	$	16,815	$	13,986
Automotive diesel oil inventory		4,789		3,986
Bunker fuel, materials, supplies and other		15,578		4,888
Total inventory	$	37,182	$	22,860

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 income (loss). No adjustments were recorded during the years ended December 31, 2021 and 2020. The Company recorded an adjustment to the value of inventory of $251 during the year ended December 31, 2019.