Excelerate Energy (EE) 10-Q 10 Nov 22 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 08, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2022
Securities Act File Number	001-41352
Entity Registrant Name	Excelerate Energy, Inc
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	87-2878691
Entity Address, Address Line One	2445 Technology Forest Blvd
Entity Address, Address Line Two	Level 6
Entity Address, City or Town	The Woodlands
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77381
City Area Code	832
Local Phone Number	813-7100
Title of 12(b) Security	Class A Common Stock, $0.001 par value per share
Trading Symbol	EE
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001888447
Amendment Flag	false
Excelerate Energy, Inc [Member] | Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		26,254,167
Excelerate Energy, Inc [Member] | Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		82,021,389

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 345,682	$ 72,786
Current portion of restricted cash	3,458	2,495
Accounts receivable, net	326,260	260,535
Accounts receivable, net - related party	2,496	11,140
Inventories	244,869	105,020
Current portion of net investments in sales-type leases	12,759	12,225
Other current assets	20,499	26,194
Total current assets	956,023	490,395
Restricted cash	17,907	15,683
Property and equipment, net	1,417,570	1,433,169
Operating lease right-of-use assets	84,786	106,225
Net investments in sales-type leases	403,438	412,908
Investment in equity method investee	21,267	22,051
Deferred tax assets	51,155	939
Other assets	29,320	19,366
Total assets	2,981,466	2,500,736
Current liabilities
Accounts payable	367,713	303,651
Accounts payable to related party	345	7,937
Accrued liabilities and other liabilities	74,262	105,034
Current portion of deferred revenue	14,279	9,653
Current portion of long-term debt	20,670	19,046
Current portion of long-term debt - related party	7,514	7,096
Current portion of operating lease liabilities	32,110	30,215
Current portion of finance lease liabilities	19,999	21,903
Current portion of finance lease liabilities - related party	0	15,627
Total current liabilities	536,892	520,162
Derivative liabilities	0	2,999
Long-term debt, net	199,295	214,369
Long-term debt, net - related party	192,836	191,217
Operating lease liabilities	55,692	77,936
Finance lease liabilities, long-term	215,332	229,755
Finance lease liabilities - related party	0	210,992
TRA liability	76,654	0
Asset retirement obligations	36,043	34,929
Other long-term liabilities	18,951	14,451
Total liabilities	1,331,695	1,496,810
Commitments and contingencies (Note 20)
Additional Paid in Capital	583,997	0
Equity interest	0	1,135,769
Retained earnings	4,090	0
Related party note receivable	0	(6,759)
Accumulated other comprehensive loss	135	(9,178)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Non-controlling interest	1,192,268	14,376
Total equity	1,649,771	1,003,926
Total liabilities and equity	2,981,466	2,500,736
ENE Onshore [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Non-controlling interest	(130,827)	(130,282)
Common Class A [Member]
Current liabilities
Common stock Value	26	0
Common Class B [Member]
Current liabilities
Common stock Value	$ 82	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2022	Dec. 31, 2021
Common Class A [Member]
Common stock, par value	$ 0.001
Common stock, authorized	300,000,000	0
Common stock, issued	26,254,167	0
Common stock, outstanding	26,254,167	0
Common Class B [Member]
Common stock, par value	$ 0.001
Common stock, authorized	150,000,000	0
Common stock, issued	82,021,389	0
Common stock, outstanding	82,021,389	0

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues
Total revenue	$ 803,261	$ 192,141	$ 2,017,863	$ 549,752
Operating expenses
Cost of revenue and vessel operating expenses	50,258	44,785	158,994	132,415
Direct cost of gas sales	658,320	78,536	1,606,695	179,950
Depreciation and amortization	24,648	26,074	72,687	78,320
Selling, general and administrative expenses	18,778	11,518	44,476	34,113
Restructuring, transition and transaction expenses	1,345	5,548	6,680	8,613
Total operating expenses	753,349	166,461	1,889,532	433,411
Operating Income	49,912	25,680	128,331	116,341
Net Income (Loss) Attributable to Noncontrolling Interest [Abstract]
Interest expense	(9,454)	(7,595)	(24,308)	(24,558)
Interest expense - related party	(4,235)	(12,390)	(21,901)	(37,475)
Earnings from equity method investment	625	817	2,135	2,431
Early extinguishment of lease liability on vessel acquisition	0	0	(21,834)	0
Other income (expense), net	657	93	(4,545)	371
Income before income taxes	37,505	6,605	57,878	57,110
Provision for income taxes	(233)	(5,228)	(11,752)	(14,133)
Net income	37,272	1,377	46,126	42,977
Less net loss attributable to non-controlling interest - ENE Onshore	28,571	891	26,924	2,152
Less pre-IPO net income attributable to EELP	0	1,898	12,950	46,173
Net loss attributable to shareholders	$ 8,828	$ 0	$ 6,797	$ 0
Net income per common share - basic	$ 0.34	$ 0	$ 0.26	$ 0
Net income per common share - diluted	$ 0.34	$ 0	$ 0.26	$ 0
Weighted average shares outstanding - basic	26,254,167	0	26,254,167	0
Weighted average shares outstanding - diluted	26,260,861	0	26,260,173	0
ENE Onshore
Net Income (Loss) Attributable to Noncontrolling Interest [Abstract]
Less net loss attributable to non-controlling interest - ENE Onshore	$ (127)	$ (1,412)	$ (545)	$ (5,348)
FSRU and terminal services
Revenues
Total revenue	115,346	116,578	323,010	352,299
Gas Sales
Revenues
Total revenue	$ 687,915	$ 75,563	$ 1,694,853	$ 197,453

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net income	$ 37,272	$ 1,377	$ 46,126	$ 42,977
Other comprehensive income (loss)
Share of other comprehensive income (loss) of equity method investee	(976)	472	2,231	1,805
Change in unrealized gains on cash flow hedges	2,354	642	6,648	2,160
Other comprehensive loss attributable to non-controlling interest	(1,044)	0	(2,386)	0
Pre-IPO other comprehensive loss attributable to EELP	0	(1,114)	(5,458)	(3,965)
Comprehensive income	37,606	1,377	47,161	42,977
Less comprehensive income attributable to non-controlling interest	28,571	891	26,924	2,152
Less pre-IPO net income attributable to EELP	0	1,898	12,950	46,173
Comprehensive income attributable to shareholders	9,162	0	7,832	0
ENE Onshore [Member]
Other comprehensive income (loss)
Less comprehensive income attributable to non-controlling interest	$ (127)	$ (1,412)	$ (545)	$ (5,348)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities
Net income	$ 46,126	$ 42,977
Adjustments to reconcile net income to net cash from operating activities
Depreciation and amortization	72,687	78,320
Amortization of operating lease right-of-use assets	23,376	17,123
ARO accretion expense	1,114	1,067
Amortization of debt issuance costs	1,826	1,096
Deferred income taxes	(10,584)	0
Share of net earnings in equity method investee	(2,135)	(2,431)
Distributions from equity method investee	4,950	0
Long-term incentive compensation expense	598	0
Early extinguishment of lease liability on vessel acquisition	21,834	0
Non-cash restructuring expense	1,574	0
(Gain)/loss on non-cash items	158	0
Changes in operating assets and liabilities:
Accounts receivable	(56,155)	(10,255)
Inventories	(139,849)	15,528
Other current assets and other assets	(5,003)	(7,256)
Accounts payable and accrued liabilities	25,096	9,202
Derivative liabilities	3,649	322
Current portion of deferred revenue	4,626	(61)
Net investments in sales-type leases	8,935	7,477
Operating lease assets and liabilities	(22,286)	(16,316)
Other long-term liabilities	3,687	(6,217)
Net cash provided by (used in) operating activities	(15,776)	130,576
Cash flows from investing activities
Purchases of property and equipment	(63,874)	(30,837)
Net cash used in investing activities	(63,874)	(30,837)
Cash flows from financing activities
Proceeds from issuance of common stock, net	412,183	0
Proceeds from long-term debt - related party	652,800	39,500
Repayments of long-term debt - related party	(651,393)	(5,298)
Repayments of long term debt	(14,326)	(21,118)
Proceeds from revolving credit facility	140,000	0
Repayments of revolving credit facility	(140,000)	0
Payment of debt issuance costs	(5,951)	0
Related party note receivables	0	(88,500)
Collections of related party note receivables	6,600	0
Settlement of finance lease liability - related party	(25,000)	0
Principal payments under finance lease liabilities	(16,326)	(26,993)
Principal payments under finance lease liabilities - related party	(2,912)	(11,611)
Dividends paid	(656)	0
Contribution	2,765	0
Distributions	(2,051)	(113)
Net cash provided by (used in) financing activities	355,733	(114,133)
Net increase (decrease) in cash, cash equivalents and restricted cash	276,083	(14,394)
Cash, cash equivalents and restricted cash
Beginning of period	90,964	109,539
End of period	$ 367,047	$ 95,145

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Class A [Member]	Common Class B [Member]	Common Stock [Member] Common Class A [Member]	Common Stock [Member] Common Class B [Member]	Equity Interest [Member]	Retained Earnings [Member]	Additional Paid-in Capital [Member]	Related Party Note Receivable [Member]	Accumulated other comprehensive loss [Member]	Non-Controlling Interest [Member]	Non-Controlling Interest Onshore [Member]
Begining Balance at Dec. 31, 2020	$ 771,161					$ 902,099				$ (14,961)	$ 11,341	$ (127,318)
Net income	38,023					39,259					759	(1,995)
Related party note receivable	(45,000)								$ (45,000)
Other comprehensive income (loss)	3,861									3,861
Ending Balance at Mar. 31, 2021	768,045					941,358			(45,000)	(11,100)	12,100	(129,313)
Begining Balance at Dec. 31, 2020	771,161					902,099				(14,961)	11,341	(127,318)
Net income	42,977
Net loss prior to IPO	46,173
Dividends paid	0
Ending Balance at Sep. 30, 2021	874,990					1,021,818			(16,659)	(10,996)	13,493	(132,666)
Begining Balance at Mar. 31, 2021	768,045					941,358			(45,000)	(11,100)	12,100	(129,313)
Net income	3,577					5,016					502	(1,941)
Related party note receivable	(39,758)								(39,758)
Other comprehensive income (loss)	(1,010)									(1,010)
Ending Balance at Jun. 30, 2021	730,854					946,374			(84,758)	(12,110)	12,602	(131,254)
Net income						1,898					891	(1,412)
Net income	1,377
Net loss prior to IPO	1,898
Related party note receivable	68,099								68,099
Other comprehensive income (loss)	1,114									1,114
Distributions	(113)					(113)
Contribution	73,659					73,659
Ending Balance at Sep. 30, 2021	874,990					1,021,818			(16,659)	(10,996)	13,493	(132,666)
Begining Balance at Dec. 31, 2021	1,003,926					1,135,769			(6,759)	(9,178)	14,376	(130,282)
Beginning Balance, shares at Dec. 31, 2021				0	0
Net income	12,844					13,897					(816)	(237)
Related party note receivable	6,600								6,600
Other comprehensive income (loss)	5,458									5,458
Ending Balance at Mar. 31, 2022	1,028,828					1,149,666			(159)	(3,720)	13,560	(130,519)
Ending Balance, shares at Mar. 31, 2022				0	0
Begining Balance at Dec. 31, 2021	1,003,926					1,135,769			(6,759)	(9,178)	14,376	(130,282)
Beginning Balance, shares at Dec. 31, 2021				0	0
Net income	46,126
Net loss prior to IPO	12,950
Issuance of common stock - IPO, shares		26,254,167	82,021,389
Dividends paid	(656)
Ending Balance at Sep. 30, 2022	1,649,771			$ 26	$ 82		$ 4,090	$ 583,997		135	1,192,268	(130,827)
Ending Balance, shares at Sep. 30, 2022				26,254,167	82,021,389
Begining Balance at Mar. 31, 2022	1,028,828					1,149,666			(159)	(3,720)	13,560	(130,519)
Beginning Balance, shares at Mar. 31, 2022				0	0
Net loss prior to IPO	(947)					(947)
Net income (loss) subsequent to IPO	(3,043)						(2,031)				(831)	(181)
Other comprehensive income (loss)	2,043									701	1,342
Effect Of The Reorganization Transactions, shares					82,021,389
Effect Of The Reorganization Transactions	0				$ 82	$ (1,148,719)	0			2,820	1,145,817
Issuance of common stock - IPO, shares				18,400,000
Issuance of common stock - IPO	408,290			$ 18				408,272
Purchase of Foundation Vessels, shares				7,854,167
Purchase of Foundation Vessels	188,500			$ 8				188,492
Tax receivable agreement	(14,939)							(14,939)
Pre-IPO capital contribution	1,574							1,574
Long-term incentive compensation	270							270
Ending Balance at Jun. 30, 2022	1,610,576			$ 26	$ 82		(2,031)	583,669	(159)	(199)	1,159,888	(130,700)
Ending Balance, shares at Jun. 30, 2022				26,254,167	82,021,389
Net income	37,272						8,828				28,571	(127)
Net loss prior to IPO	0
Net income (loss) subsequent to IPO	37,272
Related party note receivable	159								$ 159
Other comprehensive income (loss)	1,378									334	1,044
Dividends paid	(656)						(656)
EELP distributions to Class B interests	(2,051)						(2,051)
Establishment of Albania Power Project	2,765										2,765
Long-term incentive compensation	328							328
Ending Balance at Sep. 30, 2022	$ 1,649,771			$ 26	$ 82		$ 4,090	$ 583,997		$ 135	$ 1,192,268	$ (130,827)
Ending Balance, shares at Sep. 30, 2022				26,254,167	82,021,389

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Equity (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2022	Aug. 05, 2022
Class A Common Stock [Member]
Dividends Payable, Amount Per Share	$ 0.025	$ 0.025

General Business Information

General Business Information	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General business information	1. General business information Excelerate Energy, Inc. (“Excelerate” and together with its subsidiaries, “we,” “us,” “our” or the “Company”) offers flexible liquefied natural gas (“LNG”) solutions, providing integrated services along the LNG value chain. We offer a full range of flexible regasification services from floating storage and regasification units (“FSRUs”) to infrastructure development, to LNG and natural gas supply. Excelerate was incorporated on September 10, 2021 as a Delaware corporation. Excelerate was formed as a holding company to own, as its sole material asset, a controlling equity interest in Excelerate Energy Limited Partnership (“EELP”), a Delaware limited partnership formed in December 2003 by George B. Kaiser (together with his affiliates other than the Company, “Kaiser”). On April 18, 2022, Excelerate closed its initial public offering (the “IPO”) of 18,400,000 shares of the Company’s Class A Common Stock, $ 0.001 par value per share (the “Class A Common Stock”), at an offering price of $ 24.00 per share, pursuant to the Company’s registration statement on Form S-1 (File No. 333-262065), and its prospectus (the “Prospectus”), dated April 12, 2022 and filed on April 14, 2022 with the Securities and Exchange Commission pursuant to Rule 424(b)(4) under the Securities Act of 1933, as amended. The IPO generated gross proceeds of $ 441.6 million before deducting underwriting discounts and commissions of $ 25.4 million and estimated IPO-related expenses of $ 7.9 million . The proceeds of the IPO were used in part (a) to purchase an approximately 24.2 % ownership interest in EELP at a per-interest price equal to the IPO price of $ 24.00 per share, and (b) to fund a $ 50.0 million cash payment as part of EELP’s purchase of all of the issued and outstanding membership interests in Excelsior, LLC and FSRU Vessel (Excellence), LLC (f/k/a Excellence, LLC), (collectively, the “Foundation Vessels”) ((a) and (b) collectively with the IPO, the “IPO Transaction”). See further discussion of the Foundation Vessels in Note 8 – Property and equipment. Following the IPO and as of September 30, 2022, Kaiser owned directly or indirectly the remaining approximately 75.8 % of the ownership interests in EELP. The IPO Transaction, whereby Excelerate began to consolidate EELP in its consolidated financial statements, was accounted for as a reorganization of entities under common control. As a result, the consolidated financial statements of Excelerate recognized the assets and liabilities received from EELP in the reorganization at their historical carrying amounts and retroactively reflected them in the Company’s consolidated financial statements as of the earliest period presented. In September 2021, as part of an anticipated reorganization in connection with the IPO, certain entities under common control of Kaiser were contributed to EELP (the “Northeast Gateway Contribution”). These entities include Excelerate New England GP, LLC, Northeast Gateway Energy Bridge, LP and Excelerate New England Lateral, LLC (the “Northeast Companies”). Since the Northeast Gateway Contribution is considered a transaction with entities under common control, EELP accounted for the Northeast Companies’ assets and liabilities received at their parent carrying values and retroactively reflected them in the Company’s consolidated financial statements as of the earliest period presented. Basis of Presentation These consolidated financial statements and related notes include the assets, liabilities and results of operations of Excelerate and its consolidated subsidiaries and have been prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. All transactions among Excelerate and its consolidated subsidiaries have been eliminated in consolidation. In management’s opinion, all adjustments necessary for a fair statement are reflected in the interim periods. The year-end consolidated balance sheet data was derived from audited financial statements, but the consolidated balance sheet data does not include all disclosures required by GAAP. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements of Excelerate and EELP and the related notes included in the Prospectus for the year ended December 31, 2021 . Operating results for the periods presented are not necessarily indicative of the results that may be expected for the full year or any future period.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Summary of significant accounting policies	2. Summary of significant accounting policies A summary of the Company's significant accounting policies can be found in Note 2 – Summary of Significant Accounting Policies in the Notes to the Consolidated Financial Statements of EELP in the Prospectus. Other than the updates noted below, there were no significant updates or revisions to our accounting policies during the nine months ended September 30, 2022. Tax Receivable Agreement In connection with the IPO Transaction, the Company entered into a tax receivable agreement (“TRA”) for the benefit of Excelerate Energy Holdings, LLC (“EE Holdings”) and the George Kaiser Family Foundation (the “Foundation”) (or their affiliates) pursuant to which the Company will pay 85 % of the net cash tax savings, if any, that Excelerate is deemed to realize as a result of our utilization of certain tax benefits resulting from (i) certain increases in the tax basis of assets of EELP and its subsidiaries resulting from exchanges of EELP partnership interests in the future, (ii) certain tax attributes of EELP and subsidiaries of EELP (including the existing tax basis of assets owned by EELP or its subsidiaries and the tax basis of the Foundation Vessels) that existed as of the time of the IPO or may exist at the time when Class B interests of EELP are exchanged for shares of Class A Common Stock, and (iii) certain other tax benefits related to Excelerate entering into the TRA, including tax benefits attributable to payments that Excelerate makes under the TRA. Actual tax benefits realized by the Company may vary depending on changes in certain of our assumptions, including no material changes in the relevant tax law and that we earn sufficient taxable income to realize the full tax benefits that are the subject of the TRA. Estimating the amount of payments that may be made under the TRA is by its nature imprecise, insofar as the calculation of amounts payable depends on a variety of factors and future events. Decisions made in the course of running our business, such as with respect to mergers and other forms of business combinations that constitute changes in control, may influence the timing and amount of payments we make under the TRA in a manner that does not correspond to our use of the corresponding tax benefits. Subsequent changes to the TRA liability will be recognized in our consolidated statements of income. Long-term Incentive Compensation The Company issues stock-based awards to employees and directors in the form of stock options or restricted stock units (“RSUs”). The grant date fair value is estimated using the Black-Scholes option pricing model, which requires management to make assumptions regarding the fair value of Excelerate’s common stock on the grant date, including the expected term of the award, the expected volatility of the Company’s stock calculated based on a period of time generally commensurate with the expected term of the award, risk-free interest rates and expected dividend yields. For time-vesting awards, long-term incentive compensation expense is recognized over the vesting period, using the straight-line method. The reversal of any expense due to forfeitures is accounted for as they occur. See Note 16 – Long-term Incentive Compensation, for additional information on the Company’s stock-based compensation plan. Earnings (Loss) Per Share Basic earnings (loss) per share is computed by dividing net income (loss) attributable to shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share is computed by dividing net income (loss) attributable to shareholders by the weighted-average shares outstanding during the period after adjusting for the impact of securities that would have a dilutive effect on earnings (loss) per share. As a result of the IPO Transaction, the presentation of earnings (loss) per share for the periods prior to the IPO Transaction is not meaningful and only earnings (loss) per share for periods subsequent to the IPO Transaction are presented herein. See Note 13 – Earnings per share for additional information. Recent accounting pronouncements In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”), which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging relationships, and other transactions that reference London Interbank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued because of reference rate reform. In January 2021, the FASB issued ASU 2021-01, “ Reference Rate Reform (Topic 848) – Scope (“ASU 2021-01”),” which permits entities to apply optional expedients in Topic 848 to derivative instruments modified because of discounting transition resulting from reference rate reform. ASU 2020-04 became effective upon issuance and may be applied prospectively to contract modification made on or before December 31, 2022. ASU 2021-01 became effective upon issuance and may be applied on a full retrospective basis as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020 or prospectively for contract modifications made on or before December 31, 2022. The Company is currently evaluating the impact of the adoption of ASU 2020-04 and ASU 2021-01 on its Consolidated Financial Statements and related disclosures. In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Disclosure Framework – Measurement of Credit Losses on Financial Instruments , which requires financial assets measured at amortized cost, including trade receivables, be presented net of the amount expected to be collected. The measurement of all expected credit losses will be based on relevant information about the credit quality of customers, past events, including historical experience, and reasonable and supportable forecasts that affect the collectability of the reported amount. In October 2019, the FASB voted to approve a proposal to defer the effective date of ASU 2016-13 for certain entities, including emerging growth companies that take advantage of the extended transition period, to fiscal years beginning after December 15, 2022. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair value of financial instruments	3. Fair value of financial instruments Recurring Fair Value Measurements Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of significance for a particular input to the fair value measurement requires judgment and may affect the valuation of fair value assets and liabilities and the placement within the fair value hierarchy levels. The following table presents the Company’s financial assets and liabilities by level within the fair value hierarchy that are measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Financial assets Derivative financial instruments Level 2 $ 2,414 $ — Financial liabilities Derivative financial instruments Level 2 $ — $ ( 4,400 ) As of September 30, 2022 and December 31, 2021 , all derivatives were determined to be classified as Level 2 fair value instruments. No cash collateral has been posted or held as of September 30, 2022 or December 31, 2021. This table excludes cash on hand and assets and liabilities that are measured at historical cost or any basis other than fair value. The carrying amounts of other financial instruments, including cash and cash equivalents, restricted cash, accounts receivable, accounts payable and other accrued liabilities approximate fair value due to their short maturities. The carrying value of long-term debt approximates fair value due to the variable rate nature of these financial instruments. The determination of the fair values above incorporate factors including not only the credit standing of the counterparties involved, but also the impact of the Company’s nonperformance risks on its liabilities. The values of the Level 2 interest rate swaps were determined using expected cash flow models based on observable market inputs, including published and quoted interest rate data from Bloomberg. Specifically, the fair values of the interest rate swaps were derived from the implied forward LIBOR yield curve for the sale period as the future interest rate swap settlements. The Company has no t changed its valuation techniques or Level 2 inputs during the three and nine months ended September 30, 2022 and 2021. Non-Recurring Fair Value Measures Certain non-financial assets and liabilities are measured at fair value on a non-recurring basis and are subject to fair value adjustments in certain circumstances, such as equity investments or long-lived assets subject to impairment. For assets and liabilities measured on a non-recurring basis during the year, separate quantitative disclosures about the fair value measurements would be required for each major category. The Company did no t record an impairment on the equity investments or long-lived assets during the three and nine months ended September 30, 2022 and 2021 .

Accounts Receivable, Net

Accounts Receivable, Net	9 Months Ended
	Sep. 30, 2022
Receivables [Abstract]
Accounts receivable	4. Accounts receivable, net As of September 30, 2022 and December 31, 2021, accounts receivable, net consisted of the following (in thousands): September 30, 2022 December 31, 2021 Trade receivables $ 317,356 $ 245,000 Accrued revenue 9,497 16,414 Allowance for doubtful accounts ( 593 ) ( 879 ) Accounts receivable, net $ 326,260 $ 260,535

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative financial instruments	5. Derivative financial instruments The following table summarizes the notional values related to the Company’s derivative instruments outstanding at September 30, 2022 (in thousands): September 30, 2022 Interest rate swap (1) $ 66,061 (1) Number of open positions and gross notional values do not measure the Company’s risk of loss, quantify risk or represent assets or liabilities of the Company. Instead, they indicate the relative size of the derivative instruments and are used in the calculation of the amounts to be exchanged between counterparties upon settlements. The following table presents the fair value of each classification of the Company’s derivative instruments designated as hedging instruments as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Interest rate swaps – cash flow hedges Current assets $ 406 $ — Non-current assets 2,008 — Current liabilities — ( 1,401 ) Non-current liabilities — ( 2,999 ) Net derivative assets (liabilities) $ 2,414 $ ( 4,400 ) The current and non-current portions of derivative assets are included within other current assets and other assets, respectively, on the consolidated balance sheets. The current portion of derivative liabilities is included within the accrued liabilities and other liabilities on the consolidated balance sheets. Derivatives Accounted for as Cash Flow Hedges The Company’s cash flow hedges include interest rate swaps that are hedges of variability in forecasted interest payments due to changes in the interest rate on LIBOR-based borrowings, a summary which includes the following designations: • In 2018, the Company entered into two long-term interest rate swap agreements with a major financial institution. The swaps, which became effective in October 2018 and expire in April 2030, are used to hedge approximately 70 % of the variability in interest payments/interest risk on the 2017 Bank Loans (as defined herein). The following tables present the gains and losses from the Company’s derivative instruments designated in a cash flow hedging relationship recognized in the consolidated statements of income and comprehensive income for the three and nine months ended September 30, 2022 and 2021 (in thousands): Derivatives Designated in Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives (Effective Portion) For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Interest rate swaps $ 1,917 $ 2,837 $ 5,681 $ 902 Derivatives Designated in Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion) Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Interest rate swaps Interest expense $ ( 437 ) $ 2,195 $ ( 967 ) $ ( 1,258 ) The amount of gain (loss) recognized in other comprehensive income as of September 30, 2022 and expected to be reclassified within the next 12 months is $ 0.4 million .

Inventories

Inventories	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Inventories	6. Inventories As of September 30, 2022 and December 31, 2021, inventories consisted of the following (in thousands): September 30, 2022 December 31, 2021 LNG $ 241,405 $ 101,594 Bunker fuel 3,464 3,426 Inventories $ 244,869 $ 105,020

Other Current Assets

Other Current Assets	9 Months Ended
	Sep. 30, 2022
Other Assets, Current [Abstract]
Other current assets	7. Other current assets As of September 30, 2022 and December 31, 2021, other current assets consisted of the following (in thousands): September 30, 2022 December 31, 2021 Prepaid expenses $ 10,803 $ 10,259 Prepaid expenses – related party 2,120 5,917 Tax receivables 6,610 9,186 Other receivables 966 832 Other current assets $ 20,499 $ 26,194

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Property and equipment	8. Property and equipment As of September 30, 2022 and December 31, 2021, the Company’s property and equipment, net consisted of the following (in thousands): September 30, 2022 December 31, 2021 Vessels $ 1,806,704 $ 1,705,719 Vessel related equipment 400,279 391,985 Buoy and pipeline 12,383 11,553 Finance lease right-of-use assets 40,007 219,435 Other equipment 16,556 16,068 Assets in progress 33,388 21,023 Less accumulated depreciation ( 891,747 ) ( 932,614 ) Property and equipment, net $ 1,417,570 $ 1,433,169 Depreciation expense for the three months ended September 30, 2022 and 2021 was $ 23.9 million and $ 25.8 million , respectively. For the nine months ended September 30, 2022 and 2021, depreciation expense was $ 70.6 million and $ 77.2 million , respectively. Vessel Acquisition As part of the IPO Transaction, in exchange for (i) 7,854,167 shares of Class A Common Stock with a fair market value (based on the IPO price) of $ 188.5 million, (ii) a cash payment of $ 50.0 million and (iii) $ 21.5 million of estimated future payments under the TRA, EELP purchased from Maya Maritime LLC, a wholly owned subsidiary of the Foundation, all of the issued and outstanding membership interests in the Foundation Vessels. The acquisition of both the Excelsior and the Excellence vessels were accounted for as asset acquisitions in accordance with Accounting Standards Codification 805, Business Combinations (“ASC 805”). In accordance with ASC 805, the accumulated cost of the vessel acquisitions, including Class A Common Stock and contingent consideration related to the TRA, were allocated to the assets acquired based on relative fair value. In 2018, EELP entered into an agreement with a customer to lease the Excellence vessel with the vessel transferring ownership to the customer at the conclusion of the agreement for no additional consideration. Historically, EELP, as a lessor, has accounted for the Excellence vessel contract with our customer as a sales-type lease in the consolidated balance sheet in accordance with Accounting Standards Codification 842, Leases (“ASC 842”). The Excellence vessel will continue to be accounted for as a sales-type lease and thus will not result in an adjustment to property and equipment. The difference between the consideration given to acquire the Excellence vessel and the historical finance lease liability resulted in a $ 21.8 million early extinguishment of lease liability loss on our consolidated statements of income.

Accrued Liabilities

Accrued Liabilities	9 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
Accrued liabilities	9. Accrued liabilities As of September 30, 2022 and December 31, 2021, accrued liabilities consisted of the following (in thousands): September 30, 2022 December 31, 2021 Accrued vessel and cargo expenses $ 20,128 $ 48,053 Payroll and related liabilities 11,258 9,262 Accrued interest 3,185 917 Current portion of derivative liability — 1,401 Off-market capacity liability – ENE Onshore 1,155 11,072 Accrued turnover taxes 27,628 25,016 Other accrued liabilities 10,908 9,313 Accrued liabilities $ 74,262 $ 105,034

Long-term Debt

Long-term Debt	9 Months Ended
	Sep. 30, 2022
Debt Instruments [Abstract]
Long-term debt	10. Long-term debt The Company’s long-term debt consists of the following (in thousands): September 30, 2022 December 31, 2021 Experience Vessel Financing $ 139,212 $ 148,500 2017 Bank Loans 86,532 91,570 EE Revolver — — Total debt 225,744 240,070 Less unamortized debt issuance costs ( 5,779 ) ( 6,655 ) Total debt, net 219,965 233,415 Less current portion, net ( 20,670 ) ( 19,046 ) Total long-term debt, net $ 199,295 $ 214,369 Experience Vessel Financing In December 2016, we entered into a sale leaseback agreement with a third party to provide $ 247.5 million of financing for the Experience vessel (the “Experience Vessel Financing”). Due to our requirement to repurchase the vessel at the end of the term, the transaction was accounted for as a failed sale leaseback (a financing transaction). Under the Experience Vessel Financing agreement, the Company makes quarterly principal payments of $ 3.1 million toward the $ 247.5 million in principal provided for the Experience vessel and interest payments at the 3-month LIBOR plus 3.25 % ( 7.0 % at September 30, 2022 ). In December 2021, we entered into an agreement to extend the original loan from December 2026 to December 2033 , reduce the interest margin to 3.25 % from 4.2 %, and reduce the quarterly principal payments to $ 3.1 million from $ 5.0 million. 2017 Bank Loans Under the Company's financing agreement for the Moheshkhali LNG terminal in Bangladesh (the “2017 Bank Loans”), the Company entered into two loan agreements with external banks. Under the first agreement, the Company borrowed $ 32.8 million, makes semi-annual payments and accrues interest at the 6-month LIBOR plus 2.42 % ( 6.7 % at September 30, 2022 ) through the loan maturity date of October 15, 2029 . Under the second agreement, the Company borrowed $ 92.8 million, makes quarterly payments and accrues interest at the 3-month LIBOR plus 4.50 % ( 8.3 % at September 30, 2022) thr ough the loan maturity date of October 15, 2029 . Senior Secured Revolving Credit Agreement On April 18, 2022, EELP entered into a senior secured revolving credit agreement (“Credit Agreement”), by and among EELP, as borrower (the “Borrower”), Excelerate, as parent, the lenders party thereto, the issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent, pursuant to which the lenders and issuing banks thereunder have made available a revolving credit facility (the “EE Revolver”), including letters of credit, to EELP . The EE Revolver enables us to borrow up to $ 350 million over a three-year term which expires in April 2025 and is expected to be used primarily for letters of credit, working capital, and other general corporate purposes. Borrowings under the EE Revolver will bear interest at a per annum rate equal to the term Secured Overnight Financing Rate reference rate plus 0.10 % (or alternate base rate) for such period plus an applicable margin, which applicable margin will be based on the Borrower’s consolidated total leverage ratio as defined and calculated under the Credit Agreement. The unused portion of the EE Revolver will be subject to an unused commitment fee calculated at a rate per annum ranging from 0.375 % to 0.50 % based on the Borrower’s consolidated total leverage ratio. The EE Revolver contains customary representations, warranties, covenants (affirmative and negative, including maximum consolidated total leverage ratio and minimum consolidated interest coverage ratio covenants), and events of default, the occurrence of which would permit the lenders to accelerate the maturity date of amounts borrowed under the EE Revolver. Also on April 18, 2022, the Company applied proceeds of loans made by the lenders under the EE Revolver, on the closing day of such facility, to repay the KFMC Note (as defined herein) in full, and the KFMC Note was terminated in connection with such repayment. For more information regarding the KFMC Note, see Note 11 – Long-term debt – related party. As of September 30, 2022, the Company had issued $ 40.0 million in letters of credit under the EE Revolver and was in compliance with the covenants under its debt facilities. As a result of the EE Revolver’s financial ratio covenants and after taking into account the outstanding letters of credit issued under the facility, $ 253 million of the $ 310 million of undrawn capacity was available for additional borrowings as of September 30, 2022 .

Long-term Debt - Related Party

Long-term Debt - Related Party	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Long-term debt - related party	11. Long-term debt – related party The Company’s related party long-term debt consists of the following (in thousands): September 30, 2022 December 31, 2021 Exquisite Vessel Financing $ 190,450 $ 196,213 KFMC Note — — KFMC-ENE Onshore Note 9,900 2,100 Total related party debt 200,350 198,313 Less current portion ( 7,514 ) ( 7,096 ) Total long-term related party debt $ 192,836 $ 191,217 Exquisite Vessel Financing In June 2018, the Company entered into a sale leaseback agreement with Nakilat Excelerate LLC, its equity method investment (“Nakilat JV”), to provide $ 220.0 million of financing for the Exquisite vessel at 7.73 % (the “Exquisite Vessel Financing”). The agreement was recognized as a failed sale leaseback transaction and was treated as financing due to the Company’s lease of the vessel. KFMC Note In November 2018, the Company entered into a promissory note (the “KFMC Note”) with Kaiser-Francis Management Company, L.L.C. (“KFMC”), an affiliate of Kaiser, as lender. The KFMC Note was amended and restated in its entirety in September 2021 and further amended in October 2021, allowing EELP to draw funds up to $ 250 million through December 31, 2023 at LIBOR plus 1.55 %. Upon consummation of the IPO, the KFMC Note was replaced by the EE Revolver, as discussed in Note 10 – Long-term debt. KFMC-ENE Onshore Note In November 2021, KFMC and Excelerate New England Onshore, LLC (“ENE Onshore”) entered into a note (the “KFMC-ENE Onshore Note”) with a maximum commitment of $ 25 million at an interest rate of one-month LIBOR plus 1.5 % ( 4.6 % at September 30, 2022 ), which matures in December 2023 .

Equity

Equity	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Equity	12. Equity Amended and Restated Limited Partnership Agreement Prior to the IPO, EE Holdings was the limited partner of EELP, with a 99 % ownership interest in EELP as of March 31, 2022. In connection with the IPO, EE Holdings amended and restated the limited partnership agreement of EELP (the “EELP Limited Partnership Agreement”) whereby all of the outstanding interests of EELP were recapitalized into Class B interests and EELP was authorized to issue Class A interests. Subject to certain limitations, the EELP Limited Partnership Agreement permits Class B interests to be exchanged for shares of Class A Common Stock on a one-for-one basis or, at Excelerate’s election, for cash. Also in connection with the IPO, Excelerate became the general partner of EELP. Excelerate Energy, LLC (“EELLC”) was the general partner of EELP prior to the IPO, with a 1 % ownership interest in EELP as of March 31, 2022. In connection with the IPO, EELLC distributed to EE Holdings all of its interest in EELP. EE Holdings then contributed to EELP all of its interests in EELLC. As anticipated, EELLC was dissolved in October 2022. Initial Public Offering In connection with the IPO, in exchange for $ 441.6 million in gross proceeds before deducting underwriting discounts and commissions of $ 25.4 million and estimated IPO-related expenses of $ 7.9 million , EELP issued 26,254,167 Class A interests to Excelerate, representing approximately 24.2 % of the EELP interests, and 82,021,389 Class B interests to EE Holdings, representing approximately 75.8 % of the EELP interests. In connection with the closing of the IPO, the Company amended and restated its certificate of incorporation in its entirety to, among other things: (i) authorize 300 million shares of Class A Common Stock; (ii) 150 million shares of Class B Common Stock, $ 0.001 par value per share (the “Class B Common Stock”); and (iii) 25 million shares of “blank check” preferred stock, $ 0.001 par value per share. As of September 30, 2022, there were 26,254,167 shares of Class A Common Stock and 82,021,389 shares of Class B Common Stock outstanding. Class A Common Stock The Class A Common Stock outstanding represents 100 % of the rights of the holders of all classes of our outstanding common stock to share in distributions from Excelerate , except for the right of Class B stockholders to receive the par value of the Class B Common Stock upon our liquidation, dissolution or winding up or an exchange of Class B interests of EELP. Class B Common Stock Following the completion of the IPO, EE Holdings, a company controlled directly and indirectly by Kaiser, holds all of the shares of our outstanding Class B Common Stock. The Class B Common Stock entitles the holder to one vote. Holders of shares of our Class B Common Stock vote together with holders of our Class A Common Stock as a single class on all matters on which stockholders are entitled to vote generally, except as otherwise provided in our amended and restated certificate of incorporation or required by law. As the only Class B stockholder following the completion of the IPO, EE Holdings has 75.8 % of the combined voting power of our common stock . The EELP Limited Partnership Agreement entitles partners (and certain permitted transferees thereof) to exchange their Class B interests for shares of Class A Common Stock on a one-for-one basis or, at our election, for cash. When a Class B interest is exchanged for a share of Class A Common Stock, the corresponding share of Class B Common Stock will automatically be canceled. The EELP Limited Partnership Agreement permits the Class B limited partners to exercise their exchange rights subject to certain timing and other conditions. When a Class B interest is surrendered for exchange, it will not be available for reissuance. EELP Distribution Rights The Company, as the general partner of EELP, has the right to determine when distributions will be made to holders of interests and the amount of any such distributions. If a distribution is authorized, such distribution will be made to the holders of Class A interests and Class B interests on a pro rata basis in accordance with the number of interests held by such holder. Dividends and Distributions Paid On August 5, 2022 , the Company announced that our Board of Directors declared an inaugural cash dividend with respect to the quarter ended June 30, 2022, of $ 0.025 per share of Class A Common Stock. The dividend was paid on September 7, 2022 , to Class A Common Stockholders of record as of the close of business on August 19, 2022 . EELP made a corresponding distribution of $ 0.025 per interest to holders of Class B interests on the same date of the dividend payment. Albania Power Project In April 2022, Excelerate established an entity to provide a temporary power solution in Albania. Excelerate is a 90 % owner of the project and has received $ 2.8 million in cash contributions from the minority owner during the nine months ended September 30, 2022. The Albania Power Project is fully consolidated in our financial statements.

Earnings per share

Earnings per share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Earnings per share	13. Earnings per share The following table presents the computation of earnings per share for the three months ended September 30, 2022 and the period from April 13, 2022 through September 30, 2022 (in thousands except share and per share amounts): For the three months ended September 30, 2022 For the period from April 13 – September 30, 2022 Net income $ 37,272 $ 33,176 Less net income attributable to non-controlling interest 28,571 26,924 Less net loss attributable to non-controlling interest – ENE Onshore ( 127 ) ( 545 ) Net income attributable to shareholders – basic and diluted $ 8,828 $ 6,797 Weighted average shares outstanding – basic 26,254,167 26,254,167 Dilutive effect of unvested restricted common stock 6,694 6,006 Issued upon assumed exercise of outstanding stock options — — Class B Common Stock converted to Class A Common Stock — — Weighted average shares outstanding – diluted 26,260,861 26,260,173 Earnings per share Basic $ 0.34 $ 0.26 Diluted $ 0.34 $ 0.26 The following table presents the common stock shares equivalents excluded from the calculation of diluted earnings per share for the three months ended September 30, 2022 and the period from April 13, 2022 through September 30, 2022, as they would have had an antidilutive effect: For the three months ended September 30, 2022 For the period from April 13 – September 30, 2022 Stock options — 168,076 Class B Common Stock 82,021,389 82,021,389

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	14. Leases Lessee arrangements Finance leases Certain enforceable vessel charters and pipeline capacity agreements are classified as finance leases, and the right-of-use assets are included in property and equipment. Lease obligations are recognized based on the rate implicit in the lease or the Company’s incremental borrowing rate at lease commencement. As of September 30, 2022 , the Company was a lessee in finance lease arrangements on one pipeline capacity agreement and one tugboat. These arrangements were determined to be finance leases due to their terms representing the majority of the economic lives of the assets. In connection with the IPO, EELP purchased two vessels previously leased and accounted for as related party finance leases. In 2018, EELP entered into an agreement with a customer to lease the Excellence vessel with the vessel transferring ownership to the customer at the conclusion of the agreement for no additional consideration. EELP, as a lessor, accounts for the Excellence vessel contract with our customer as a sales-type lease in the consolidated balance sheet in accordance with ASC 842. For more information regarding the purchase of the vessels, see Note 8 – Property and equipment. Finance lease liabilities as of September 30, 2022 and December 31, 2021 consisted of the following (in thousands): September 30, 2022 December 31, 2021 External leases: Finance lease liabilities $ 235,331 $ 251,658 Less current portion of finance lease liabilities ( 19,999 ) ( 21,903 ) Finance lease liabilities, long-term $ 215,332 $ 229,755 Related party leases: Finance lease liabilities $ — $ 226,619 Less current portion of finance lease liabilities — ( 15,627 ) Finance lease liabilities, long-term $ — $ 210,992 Operating leases As of September 30, 2022, the Company was a lessee in a bareboat charter contract and a terminal use lease, accounted for as operating leases. Pursuant to a bareboat charter, the vessel owner provides the use of the vessel to the Company in exchange for a fixed charter hire rate. However, the Company is responsible for the operation and maintenance of the vessel with its own crew, fuel costs, and other related expenses. As such, the bareboat charter includes a lease component only for the lessee to control the use of the vessel and does not contain non-lease components. Additionally, the Company has operating leases for offices in various locations in which operations are performed. Such leases will often include options to extend the lease and the Company will include option periods that, on commencement date, it is reasonably certain the Company will exercise. Variable lease costs relate to certain lease agreements, which include payments that vary for items such as inflation adjustments, or common area charges. Variable lease costs that are not dependent on an index are excluded from the lease payments that comprise the operating lease liability and are expensed in the period in which they are incurred. None of the Company's operating leases contain any residual value guarantees. A maturity analysis of the Company’s operating and finance lease liabilities (excluding short-term leases) at September 30, 2022 is as follows (in thousands): Year Operating Finance 2022 $ 9,045 $ 9,269 2023 36,416 33,235 2024 28,902 33,248 2025 18,175 33,235 2026 943 33,235 Thereafter 2,250 174,355 Total lease payments $ 95,731 $ 316,577 Less: imputed interest ( 7,929 ) ( 81,246 ) Carrying value of lease liabilities 87,802 235,331 Less: current portion ( 32,110 ) ( 19,999 ) Carrying value of long-term lease liabilities $ 55,692 $ 215,332 As of September 30, 2022, the Company’s weighted average remaining lease term for operating and finance leases was 2.8 years and 10.3 years, respectively, with a weighted average discount rate of 5.9 % and 6.3 % , respectively. As of December 31, 2021, the Company’s weighted average remaining lease term for operating and finance leases was 3.4 years and 12.1 years, respectively, with a weighted average discount rate of 5.8 % and 9.8 % , respectively. The Company's total lease costs for the three and nine months ended September 30, 2022 and 2021 recognized in the consolidated statements of income consisted of the following (in thousands): For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Amortization of finance lease right-of-use assets – related party $ — $ 1,226 $ 1,226 $ 3,679 Amortization of finance lease right-of-use assets – external 652 3,336 1,957 10,008 Interest on finance lease liabilities – related party — 7,220 7,006 21,965 Interest on finance lease liabilities – external 3,751 4,240 11,506 13,131 Operating lease expense 9,310 7,839 28,177 22,095 Short-term lease expense 386 614 992 911 Total lease costs $ 14,099 $ 24,475 $ 50,864 $ 71,789 Other information related to leases for the three and nine months ended September 30, 2022 and 2021 are as follows (in thousands): For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Operating cash flows for finance leases $ 3,751 $ 4,240 $ 11,506 $ 13,131 Operating cash flows for finance leases – related party — 7,220 7,006 21,965 Financing cash flow for finance leases 5,521 9,158 16,326 26,993 Financing cash flow for finance leases – related party — 3,948 2,912 11,611 Operating cash flows for operating leases 8,932 6,825 27,007 20,918 Right-of-use assets obtained in exchange for new operating lease liabilities 935 520 2,091 520

Revenue

Revenue	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	15. Revenue The following table presents the Company’s revenue for t he three and nine months ended September 30, 2022 and 2021 (in thousands): For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Revenue from leases $ 84,857 $ 86,446 $ 240,814 $ 266,913 Revenue from contracts with customers Time charter, regasification and other services 30,489 30,132 82,196 85,386 Gas sales 687,915 75,563 1,694,853 197,453 Total revenue $ 803,261 $ 192,141 $ 2,017,863 $ 549,752 Lease revenue The Company’s time charter contracts are accounted for as operating or sales-type leases. The Company's revenue from leases is presented within revenues in the consolidated statements of income and for the three and nine months ended September 30, 2022 and 2021 consists of the following (in thousands): For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Operating lease income $ 65,919 $ 66,994 $ 184,220 $ 208,860 Sales-type lease income 18,938 19,452 56,594 58,053 Total revenue from leases $ 84,857 $ 86,446 $ 240,814 $ 266,913 Sales-type leases Sales-type lease income is interest income that is presented within lease revenues on the consolidated statements of income. The Company leased two vessels and a terminal under sales-type leases as it is reasonably certain that the ownership of these assets will transfer to the customer at the end of the term. For the three and nine months ended September 30, 2022, the Company recorded lease income from the net investment in the leases within revenue from lease contracts of $ 18.9 million and $ 56.6 million , respectively, compared to $ 19.5 million and $ 58.1 million for the three and nine months ended September 30, 2021, respectively. Operating leases Revenue from time charter contracts accounted for as operating leases is recognized by the Company on a straight-line basis over the term of the contract. As of September 30, 2022 , the Company is the lessor to long-term time charter agreements with customers on six of its vessels. The following represents the amount of property and equipment that is leased to customers as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Property and equipment $ 1,854,028 $ 1,899,892 Accumulated depreciation ( 688,693 ) ( 766,642 ) Property and equipment, net $ 1,165,335 $ 1,133,250 The future minimum revenues presented in the table below should not be construed to reflect total charter hire revenues for any of the years presented. Minimum future revenues included below are based on the fixed components and do not include variable or contingent revenue. Additionally, revenue generated from short-term charters are not included as the duration of the contracts are less than a year. As of September 30, 2022, the minimum contractual future revenues to be received under the time charters during the next five years and thereafter are as follows (in thousands): Year Sales-type Operating Remainder of 2022 $ 22,084 $ 44,749 2023 80,449 167,190 2024 84,214 132,753 2025 87,612 121,510 2026 87,612 93,327 Thereafter 579,486 475,428 Total undiscounted $ 941,457 $ 1,034,957 Less: imputed interest ( 525,260 ) Net investment in sales-type leases 416,197 Less: current portion ( 12,759 ) Non-current net investment in sales-type leases $ 403,438 Revenue from contracts with customers The following table shows disaggregated revenues from customers attributable to the country in which the revenues were derived (in thousands). Revenues from external customers are attributed to the country in which the party to the applicable agreement has its principal place of business. For the three months ended September 30, 2022 Revenue from contracts with customers Revenue from TCP, Regas Gas Total leases and other sales revenue Bangladesh $ 18,935 $ 10,593 $ — $ 29,528 UAE 16,763 5,144 — 21,907 Pakistan 11,123 2,877 — 14,000 Argentina 15,234 7,062 — 22,296 Brazil 13,194 1,991 687,915 703,100 Israel 9,608 1,647 — 11,255 United States — 1,146 — 1,146 Other — 29 — 29 Total revenue $ 84,857 $ 30,489 $ 687,915 $ 803,261 For the three months ended September 30, 2021 Revenue from contracts with customers Revenue from TCP, Regas Gas Total leases and other sales revenue Bangladesh $ 19,850 $ 9,520 $ 75,563 $ 104,933 UAE 16,392 5,252 — 21,644 Pakistan 11,108 2,618 — 13,726 Argentina 15,358 5,181 — 20,539 Brazil 12,400 1,703 — 14,103 Israel 9,598 1,637 — 11,235 United States — 1,210 — 1,210 Other 1,740 3,011 — 4,751 Total revenue $ 86,446 $ 30,132 $ 75,563 $ 192,141 For the nine months ended September 30, 2022 Revenue from contracts with customers Revenue from TCP, Regas Gas Total leases and other sales revenue Bangladesh $ 56,349 $ 29,321 $ — $ 85,670 UAE 45,754 13,406 — 59,160 Pakistan 33,008 8,214 — 41,222 Argentina 38,000 17,084 — 55,084 Brazil 39,152 5,525 1,620,754 1,665,431 Israel 28,551 4,760 — 33,311 United States — 3,504 74,099 77,603 Other — 382 — 382 Total revenue $ 240,814 $ 82,196 $ 1,694,853 $ 2,017,863 For the nine months ended September 30, 2021 Revenue from contracts with customers Revenue from TCP, Regas Gas Total leases and other sales revenue Bangladesh $ 58,452 $ 27,337 $ 158,503 $ 244,292 UAE 48,683 12,590 — 61,273 Pakistan 33,008 7,753 — 40,761 Argentina 37,619 13,530 — 51,149 Brazil 36,795 5,092 — 41,887 Israel 28,482 4,857 — 33,339 United States 9,100 6,939 — 16,039 China — — 38,950 38,950 Other 14,774 7,288 — 22,062 Total revenue $ 266,913 $ 85,386 $ 197,453 $ 549,752 Assets and liabilities related to contracts with customers Under most gas sales contracts, invoicing occurs once the Company’s performance obligations have been satisfied, at which point payment is unconditional. Invoicing timing for TCP, regas and other services varies and occurs according to the contract. As of September 30, 2022, and December 31, 2021, receivables from contracts with customers associated with revenue from services was $ 308.2 million and $ 232.5 million , respectively. These amounts are presented within accounts receivable, net on the consolidated balance sheets. In addition, revenue for services recognized in excess of the invoiced amounts, or accrued revenue, outstanding at September 30, 2022 and December 31, 2021, was $ 9.5 million and $ 12.8 million , respectively. Accrued revenue represents current contract assets that will turn into accounts receivable within the next 12 months and be collected during the Company’s normal business operating cycle. Accrued revenue is presented in accounts receivable, net on the consolidated balance sheets. Other items included in accounts receivable, net represent receivables associated with leases, which are accounted for in accordance with the leasing standard. There were no impairment losses for trade receivables for lease or time charter services or contract assets for the nine months ended September 30, 2022 and 2021. Contract liabilities from advance payments in excess of revenue recognized from services as of September 30, 2022 and December 31, 2021 were $ 1.6 million and $ 1.5 million , respectively. The performance obligations are expected to be satisfied during the next 12 months, and the contract liabilities are classified within current portion of deferred revenue on the consolidated balance sheets. The remaining portion of current deferred revenue relates to the lease component of the Company’s time charter contracts, which are accounted for in accordance with the leasing standard. Noncurrent deferred revenue presented in other long-term liabilities on the consolidated balance sheets represents payments allocated to the Company’s performance obligation for drydocking services within time charter contracts in which the lease component is accounted for as a sales-type lease. Revenue will be recognized once the performance obligation is complete and occurs every five years . The following table reflects the changes in our long-term contract liabilities to customers as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Deferred revenues, beginning of period $ 14,451 $ 9,569 Cash received but not yet recognized 3,819 4,882 Deferred revenues, end of period $ 18,270 $ 14,451 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 long-term arrangements with customers in which the Company provides regasification and other services as part of time charter party contracts. The price under these agreements is typically stated in the contracts. The fixed transaction price allocated to the remaining performance obligations under these arrangements is $ 401.1 million as of September 30, 2022 . The Company expects to recognize revenue from contracts exceeding one year over the following time periods (in thousands): 2022 $ 11,977 2023 43,558 2024 44,845 2025 44,071 2026 44,071 Thereafter 212,595 $ 401,117

Long-term Incentive Compensatio

Long-term Incentive Compensation	9 Months Ended
	Sep. 30, 2022
Compensation Related Costs [Abstract]
Long-term Incentive Compensation	16. Long-term Incentive Compensation In April 2022, Excelerate adopted the Excelerate Long-Term Incentive Plan (the “LTI Plan”). The LTI Plan was adopted to promote and closely align the interests of Excelerate's employees, officers, non-employee directors and other service providers and its stockholders by providing stock-based compensation and other performance-based compensation. The LTI Plan allows for the grant of up to 10.8 million shares, stock options, stock appreciation rights, alone or in conjunction with other awards; restricted stock and restricted stock units; incentive bonuses, which may be paid in cash, stock or a combination thereof; and other stock-based awards. The share pool will be increased on January 1st of each calendar year beginning in 2023 by a number of shares equal to 4% of the outstanding shares of Class A Common Stock on the preceding December 31st. The LTI Plan is administered by the Compensation Committee or such other committee designated by the board of directors of Excelerate to administer the LTI Plan. The Company’s stock option and restricted stock unit awards both qualify as equity awards and are amortized into “Selling, general and administrative expense” and “Cost of revenue and vessel operating expenses” on the Consolidated Statements of Income on a straight-line basis. Stock options were granted to certain employees of Excelerate and vest over five years and expire ten years from the date of grant. The Company also issued restricted stock units to directors that vest ratably over either one or three years . For the three and nine months ended September 30, 2022, the Company recognized $ 0.3 million and $ 0.6 million , respectively, in long-term incentive compensation expense for both its stock options and restricted stock unit awards. Stock options The fair value of stock options is estimated on the date of the grant using a Black-Scholes valuation model that uses the weighted average assumptions noted in the following table. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant. The expected dividend yield is based on the expected dividend payout as a portion of total share value. Expected volatility is based on the median of the historical volatility of fifteen of the Company’s peers over the expected life of the granted options. The Company uses estimates of forfeitures to estimate the expected term of the options granted. 2022 Risk-free interest rate 2.7 % Expected dividend yield 0.4 % Expected volatility 58.5 % Expected term 6.5 years The following table summarizes stock option activity for th e nine months ended September 30, 2022 and provides information for outstanding and exercisable options as of September 30, 2022: Number of Options Weighted Average Exercise Price (per share) Outstanding at January 1, 2022 — $ — Granted 338,935 24.00 Exercised — — Forfeited or expired 15,912 24.00 Outstanding at September 30, 2022 323,023 $ 24.00 Exercisable at September 30, 2022 — $ — As of September 30, 2022, the Company had $ 4.0 million in unrecognized compensation costs related to its stock options that it expects to recognize over a weighted average period of 4.5 years. Restricted stock unit awards The following table summarizes restricted stock unit activity for th e nine months ended September 30, 2022 and provides information for unvested shares as of September 30, 2022: Number of Shares Weighted Average Fair Value (per share) Unvested at January 1, 2022 — $ — Granted 31,630 22.81 Vested — — Forfeited — — Unvested at September 30, 2022 31,630 $ 22.81 As of September 30, 2022 the Company had $ 0.5 million in unrecognized compensation costs related to its restricted stock unit awards that it expects to recognize over a weighted average period of 1.8 years.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income taxes	17. Income taxes In computing the provision for income taxes for interim periods, the Company estimates the annual effective tax rate for the full year, which is then applied to the actual year-to-date ordinary income (loss) and reflects the tax effects of discrete items in its provision for income taxes as they occur. The provision for income taxes for the three months ended September 30, 2022 and 2021 was $ 0.2 million and $ 5.2 million , respectively. The provision for income taxes for the nine months ended September 30, 2022 and 2021 was $ 11.8 million and $ 14.1 million , respectively. The decrease was primarily attributable to the year-over-year change in the geographical distribution of income and Brazilian foreign exchange tax impacts of $( 6.3 ) million and $( 6.8 ) million for the three and nine months ended September 30, 2022, respectively. This decrease was partially offset by an increase in U.S. income tax incurred at the corporate level since beginning in April 2022 of $ 0.1 million and $ 1.6 million for the three and nine months ended September 30, 2022, respectively. The effective tax rate for the three months ended September 30, 2022 and 2021 was 0.6 % and 79.2 % , respectively. The effective tax rate for the nine months ended September 30, 2022 and 2021 was 20.3 % and 24.7 % , respectively. The decrease was primarily driven by the geographical distribution of income and the varying tax regimes of jurisdictions. Brazilian foreign exchange tax impacts decreased our effective tax rate by ( 16.7 )% and ( 11.8 )% for the three and nine months ended September 30, 2022, respectively. Our effective tax rate was also impacted by the reduction of income before tax due to the loss on early extinguishment of the lease liability on acquisition of the Excellence vessel without a corresponding tax benefit which increased our effective tax rate by 5.6 % for the nine months ended September 30, 2022. Additionally, our effective tax rate was impacted by 0.3 % and 2.8 % for the three and nine months ended September 30, 2022, respectively, due to additional tax recorded since being subject to U.S. income taxes at the corporate level beginning in April 2022. Excelerate is a corporation for U.S. federal and state income tax purposes. Excelerate’s accounting predecessor, EELP, is treated as a pass-through entity for U.S. federal income tax purposes and, as such, has generally not been subject to U.S. federal income tax at the entity level. Accordingly, unless otherwise specified, our historical results of operations prior to the IPO do not include any provision for U.S. federal income tax for EELP. The Company has international operations that are also subject to foreign income tax and U.S. corporate subsidiaries subject to U.S. federal tax. Therefore, our effective income tax rate is dependent on many factors, including the Company’s geographical distribution of income, a rate benefit attributable to the portion of the Company’s earnings not subject to corporate level taxes, and the impact of nondeductible items and foreign exchange impacts as well as varying tax regimes of jurisdictions. In one jurisdiction, the Company’s tax rate is significantly less than the applicable statutory rate as a result of a tax holiday that was granted. This tax holiday will expire in 2033 at the same time that our contract and revenue with our customer ends. On August 16, 2022, the Inflation Reduction Act of 2022 was signed into U.S. law. Under this law, there is a new 15 % corporate minimum tax, which will not have an impact on the Company. In addition, beginning after December 31, 2022, there will be a 1 % excise tax on certain share repurchases, which is not expected to have a material impact on the Company’s Consolidated Financial Statements. There are other parts of this new law that the Company is evaluating, but none are expected to have a material impact on the Company’s Consolidated Financial Statements.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Related party transactions	18. Related party transactions The Company had two debt instruments with related parties as of September 30, 2022. For details on these debt instruments, see Note 11 – Long-term debt – related party. Prior to the IPO, EELP, certain of its subsidiaries and other affiliates of Kaiser were guarantors to the Kaiser Credit Line (as defined herein). For details on this facility, see Note 20 – Commitments and contingencies. Kaiser has, over time, donated significant amounts of money to the Foundation. The Foundation has an independent board and Kaiser does not exert control over or have ownership in the Foundation. However, several of Kaiser’s close family members are on the board of directors of the Foundation and for the purposes of these accounts, where transactions with the Foundation occur, they are reported as related party transactions. As of September 30, 2022, the Company had no outstanding balance with the Foundation. As of December 31, 2021, the Company had an outstanding balance with the Foundation related to the finance leases of the Foundation Vessels totaling $ 226.6 million . Interest expense in related party finance leases for the nine months ended September 30, 2022 and 2021 amounted to $ 7.0 million and $ 22.0 million , respectively. As part of the vessel management agreements, EELP provided bookkeeping and other back office administrative services for the Foundation Vessels. EELP purchased the Foundation Vessels from an affiliate of the Foundation in connection with the IPO. For further details on this purchase, see Note 8 – Property and equipment. The following transactions with related parties are included in the accompanying consolidated statements of income (in thousands): Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Management fees and other expenses with Kaiser $ 107 $ 802 $ 1,126 $ 1,231 The following balances with related parties are included in the accompanying consolidated balance sheets (in thousands): September 30, 2022 December 31, 2021 Amounts due from related parties $ 2,496 $ 11,140 Amounts due to related parties $ 345 $ 7,937 Prepaid expenses – related party $ 2,120 $ 5,917 EELP and certain of its subsidiaries and affiliates entered into certain transactions with Kaiser and affiliates of Kaiser that had significant activity during the nine months ended September 30, 2022, as described below. GBK Corporation, an affiliate of Kaiser, issued a guarantee dated August 19, 2011, in respect of all payment and performance obligations owed by Excelerate Energy Brazil, LLC and Excelerate Energy Servicos de Regaseficacao Ltda to Petroleo Brasileiro S.A. under an operation and services agreement and time charter party, which guarantee is subject to a cap of $ 55 million on certain indemnification obligations. This guarantee was terminated effective January 11, 2022, and EELP issued a new guarantee in respect of such obligations. As credit support for LNG cargos, Kaiser obtained letters of credit under the Kaiser Credit Line on behalf of Excelerate Gas Marketing Limited Partnership, a subsidiary of EELP, in favor of LNG suppliers, in the following approximate aggregate amounts: $ 329.3 million in 2021, none of which remained outstanding as of September 30, 2022; an d $ 27.3 million in the nine months ended September 30, 2022, none of which remained outstanding as of September 30, 2022. In connection with the IPO, the credit support previously provided for LNG cargo purchases under the Kaiser Credit Line has been replaced by letters of credit obtained under the EE Revolver. Kaiser issued a guarantee dated September 11, 2013 (and reaffirmed on December 1, 2015) in favor of Algonquin Gas Transmission, LLC (“AGT”) and Maritimes & Northeast Pipeline, L.L.C. (each a wholly owned subsidiary of Enbridge, Inc.), in respect of all payment obligations owed by ENE Onshore and Excelerate New England Lateral, LLC (“ENE Lateral”) (the “AGT Guarantee”). In addition, Kaiser obtained a letter of credit on behalf of ENE Onshore and ENE Lateral (the “AGT LOC”). The amount available for drawing under the AGT LOC reduces monthly and was approximately $ 16.5 million as of December 31, 2021. As of September 30, 2022 , there were no amounts remaining available for drawing under the AGT LOC. In connection with the Northeast Gateway Contribution, EELP agreed to (i) indemnify Kaiser in respect of Kaiser’s obligations related to ENE Lateral under the AGT Guarantee and AGT LOC, (ii) pay an annual fee in the amount of $ 1.2 million (pro-rated based on the number of days such guarantee remains outstanding in any year (beginning September 17, 2021)) to Kaiser to maintain such AGT Guarantee and (iii) reimburse Kaiser for any fees actually incurred under the AGT LOC (the “Kaiser AGT Indemnity Agreement”). Kaiser issued an uncapped construction and operational guarantee dated May 14, 2007 in favor of the Secretary of Transportation, United States of America, as represented by the Maritime Administrator (“MARAD”), in respect of Northeast Gateway Energy Bridge, LP’s obligations related to the design, construction, operations and decommissioning under the deepwater port license issued by MARAD (the “Kaiser – MARAD Guarantee”). In addition, Kaiser obtained a letter of credit in favor of MARAD to cover decommissioning costs in the amount of approximately $ 15.4 million (the “Kaiser – MARAD LOC”), which Kaiser – MARAD LOC was amended and increased to $ 16.3 million in December 2021. In connection with the Northeast Gateway Contribution, EELP agreed to (i) indemnify Kaiser in respect of Kaiser’s obligations under the Kaiser-MARAD Guarantee and the Kaiser – MARAD LOC, (ii) pay a nominal fee to Kaiser to maintain such Kaiser-MARAD Guarantee and (iii) reimburse Kaiser for any fees actually incurred under the MARAD LOC. Also in connection with the Northeast Gateway Contribution during September 2021, EE Holdings made a $ 57.2 million contribution to the Company to allow it to repay the remaining amount owed on a promissory note between ENE Lateral and KFMC . During September 2021, EE Holdings also made a $ 16.5 million contribution in the form of a Note Receivable from Kaiser (the “Kaiser Note Receivable”) to provide for funding of certain amounts expected to be paid in the next twelve months. The Kaiser Note Receivable bears interest at 1.55 % with $ 3.3 million payable each month by Kaiser to the Company. The Kaiser Note Receivable was presented as contra-equity in the consolidated financial statements. The Kaiser Note Receivable was repaid in full in February 2022. Kaiser obtained a letter of credit under the Kaiser Credit Line on behalf of Excelerate Energy Development DMCC for the benefit of Engro Elengy Terminal (Private) Limited in the amount of $ 20 million. In connection with the IPO, this letter of credit was replaced with a letter of credit obtained under the EE Revolver in April 2022. Kaiser obtained a letter of credit under the Kaiser Credit Line on behalf of Excelerate Energy Bangladesh Ltd. for the benefit of Bangladesh Oil, Gas & Mineral Corporation in the amount of $ 20 million. In connection with the IPO, this letter of credit was replaced with a letter of credit obtained under the EE Revolver in April 2022.

Concentration Risk

Concentration Risk	9 Months Ended
	Sep. 30, 2022
Risks and Uncertainties [Abstract]
Concentration risk	19. Concentration risk The Company is subject to concentrations of credit risk principally from cash and cash equivalents, restricted cash, derivative financial instruments, and accounts receivable. The Company limits the exposure to credit risk with cash and cash equivalents and restricted cash by placing it with highly rated financial institutions. Additionally, the Company evaluates the counterparty risk of potential customers based on credit evaluations, including analysis of the counterparty’s established credit rating or assessment of the counterparty’s creditworthiness based on an analysis of financial condition when a credit rating is not available, historical experience, and other factors. To manage credit risk associated with the interest rate hedges, the Company selected counterparties based on their credit ratings and limits the exposure to any single counterparty. The counterparties to the derivative contracts are major financial institutions with investment grade credit ratings. The Company periodically monitors the credit risk of the counterparties and adjusts the hedging position as appropriate. The impact of credit risk, as well as the ability of each party to fulfill its obligations under the derivative financial instruments, is considered in determining the fair value of the contracts. Credit risk has not had a significant effect on the fair value of the derivative instruments. The Company does not have any credit risk-related contingent features or collateral requirements associated with the derivative contracts. The following table shows customers with revenues of 10 % or greater of total revenues: Percentage of Total Revenues Nine months ended September 30, 2022 2021 Customer A 82 % 8 % Customer B 3 % 40 % Substantially all of the net book value of our long-lived assets are located outside the United States. The Company’s fixed assets are largely comprised of vessels that can be deployed globally due to their mobile nature. As such, the Company is not subject to significant concentration risk of fixed assets.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	20. Commitments and contingencies The Company may be involved in legal actions in the ordinary course of business, including governmental and administrative investigations, inquiries and proceedings concerning employment, labor, environmental and other claims. The Company will recognize a loss contingency in the consolidated financial statements when it is probable a liability has been incurred and the amount of the loss can be reasonably estimated. The Company will disclose any loss contingencies that do not meet both conditions if there is a reasonable possibility that a loss may have been incurred. Gain contingencies are not recorded until realized. EELP and certain of its subsidiaries, and other entities under common control of Kaiser, were guarantors to a Kaiser revolving loan facility, a committed line of $ 600 million (the “Kaiser Credit Line”), prior to Excelerate’s IPO. EELP provided a first lien against one of the Company’s vessels to collateralize this facility. EELP utilized the Kaiser Credit Line to issue letters of credit or bank guarantees to counterparties to guarantee its performance. As of December 31, 2021 , the Company had issued $ 142.5 million in letters of credit under the Kaiser Credit Line. In connection with the IPO, the first lien against an EELP vessel and other collateral and guarantees provided by EELP and its subsidiaries were released by the lender under the Kaiser Credit Line and certain credit support previously provided to EELP by Kaiser under the Kaiser Credit Line was replaced with credit support under the EE Revolver. As of September 30, 2022, the Company had issued $ 40.0 million in let ters of credit under the EE Revolver.

Asset Retirement Obligations

Asset Retirement Obligations	9 Months Ended
	Sep. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
Asset retirement obligations	21. Asset retirement obligations The Company’s asset retirement obligation represents the present value of estimated future costs associated with the decommissioning of the Northeast Gateway Deepwater LNG Port in the Massachusetts Bay. In accordance with the port's license and permits, the Company is legally required to decommission the port and estimates that this will occur at the end of the related pipeline capacity agreement in 2032. The following table presents the balances for asset retirement obligations and the changes due to accretion expense (in thousands): September 30, 2022 December 31, 2021 Asset retirement obligations, beginning of period $ 34,929 $ 33,499 Accretion expense 1,114 1,430 Asset retirement obligations, end of period $ 36,043 $ 34,929

Supplemental Noncash Disclosure

Supplemental Noncash Disclosures for Consolidated Statement of Cash Flows	9 Months Ended
	Sep. 30, 2022
Supplemental Cash Flow Elements [Abstract]
Supplemental noncash disclosures for consolidated statement of cash flows	22. Supplemental noncash disclosures for consolidated statement of cash flows Supplemental noncash disclosures for the consolidated statement of cash flows consist of the following (in thousands): Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Supplemental cash flow information: Cash paid for taxes $ 8,915 $ 5,476 $ 23,682 $ 13,689 Cash paid for interest 11,808 20,382 42,991 61,593 Right-of-use assets obtained in exchange for lease obligations 935 520 2,091 520 Increase (decrease) in capital expenditures included in accounts payable 1,371 ( 6,819 ) ( 8,232 ) ( 7,844 ) Vessel acquisition — — 188,500 — KFMC note receivable netted against Lateral note payable to KFMC — 88,500 — 88,500 ENE Lateral distribution of ENE Onshore note to KFMC as partial settlement of ENE Lateral note to KFMC — 117,038 — 117,038 Noncash contribution received to settle note payable to KFMC — 57,159 — 57,159 Noncash contribution received reflected as a note receivable from GBK — 16,500 — 16,500 The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Cash and cash equivalents $ 345,682 $ 72,786 Restricted cash – current 3,458 2,495 Restricted cash – non-current 17,907 15,683 Cash, cash equivalents, and restricted cash $ 367,047 $ 90,964

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Income) Loss	9 Months Ended
	Sep. 30, 2022
AOCI Attributable to Parent [Abstract]
Accumulated other comprehensive (income) loss	23. Accumulated other comprehensive (income) loss Changes in components of accumulated other comprehensive (income) loss were (in thousands): Cumulative Qualifying Share of OCI in Total At January 1, 2022 $ 2,167 $ 3,702 $ 3,309 $ 9,178 Other comprehensive (income) loss — ( 2,958 ) ( 492 ) ( 3,450 ) Reclassification to income — ( 86 ) ( 1,922 ) ( 2,008 ) At March 31, 2022 $ 2,167 $ 658 $ 895 $ 3,720 Other comprehensive (income) loss — ( 806 ) ( 1,325 ) ( 2,131 ) Reclassification to income — ( 444 ) 532 88 Reclassification to NCI ( 1,643 ) 322 ( 157 ) ( 1,478 ) At June 30, 2022 $ 524 $ ( 270 ) $ ( 55 ) $ 199 Other comprehensive (income) loss — ( 1,917 ) 2,601 684 Reclassification to income — ( 437 ) ( 1,625 ) ( 2,062 ) Reclassification to NCI — 1,784 ( 740 ) 1,044 At September 30, 2022 $ 524 $ ( 840 ) $ 181 $ ( 135 ) At January 1, 2021 $ 2,167 $ 7,027 $ 5,767 $ 14,961 Other comprehensive (income) loss — ( 1,865 ) ( 2,628 ) ( 4,493 ) Reclassification to income — ( 174 ) 804 630 At March 31, 2021 $ 2,167 $ 4,988 $ 3,943 $ 11,098 Other comprehensive (income) loss — 3,800 ( 369 ) 3,431 Reclassification to income — ( 3,279 ) 860 ( 2,419 ) At June 30, 2021 $ 2,167 $ 5,509 $ 4,434 $ 12,110 Other comprehensive (income) loss — ( 2,837 ) ( 1,239 ) ( 4,076 ) Reclassification to income — 2,195 767 2,962 At September 30, 2021 $ 2,167 $ 4,867 $ 3,962 $ 10,996

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent events	24. Subsequent events Newbuild FSRU Effective October 4, 2022, Excelerate Vessel Company Limited Partnership, a Marshall Islands limited liability company (“EE Vessel Co.”), a subsidiary of EELP, entered into a Shipbuilding Contract (the “Newbuild Agreement”) with Hyundai Heavy Industries Co., Ltd., a company organized and existing under the laws of the Republic of Korea (the “Builder”). The Newbuild Agreement provides for the Builder to construct one new 170,000 CBM LNG Floating Storage Regasification Unit (the “Newbuild FSRU”) for a cost subject to adjustment and currently expected to be approximately $ 330 million. Payment is due in five installments with the final installment due concurrently with the delivery of the vessel. The Builder is obligated to provide a refund guarantee to EE Vessel Co. to secure the refund of the purchase price installments prior to the delivery of the Newbuild FSRU, if EE Vessel Co. becomes entitled to the same as a result of Builder default or other defined circumstances. The Builder is expected to deliver the Newbuild FSRU in 2026. The risk of loss or damage to the Newbuild FSRU remains with the Builder until the Newbuild FSRU is delivered and accepted by EE Vessel Co. The Newbuild Agreement provides for customary warranties of the Builder related to the Newbuild FSRU’s design, construction, materials, and workmanship, and provisions addressing potential delay in delivery of the Newbuild FSRU and remedies in the event of default by either party. Together with the Agreement, EELP has provided a guaranty of EE Vessel Co.’s performance of its obligations under the Agreement. ENE Onshore Merger On October 17, 2022, EE Holdings, the indirect sole member of ENE Onshore, and EELP, the sole member of ENE Lateral, entered into a merger agreement, pursuant to which ENE Onshore was merged with and into ENE Lateral (the “Merger”), effective October 31, 2022. ENE Lateral was the surviving entity while ENE Onshore ceased to exist as a separate entity. Prior to the Merger, Excelerate consolidated ENE Onshore as a variable interest entity as Excelerate was determined to be the primary beneficiary of ENE Onshore. After the Merger, Excelerate will cease to have a non-controlling interest related to ENE Onshore. In connection with the merger, certain related party transactions were terminated: 1) The Kaiser AGT Indemnity Agreement, under which Excelerate had agreed to pay $ 1.2 million in annual fees to Kaiser for his guarantee of certain obligations of ENE Lateral and ENE Onshore, was terminated, effective as of October 20, 2022. 2) The AGT Guarantee was terminated, effective as of October 20, 2022. At the same time, EELP issued a new guarantee in respect of all payment obligations owed by ENE Lateral to AGT. 3) The Northeast Gateway Onshore Matters Agreement, pursuant to which EE Holdings and ENE Onshore agreed to indemnify EELP in respect of liabilities arising from all ENE Onshore activities at Northeast Gateway, was terminated, effective as of October 31, 2022. 4) The Capacity Release Payment Agreement, pursuant to which ENE Lateral had agreed to pay ENE Onshore for sales of capacity on AGT’s mainline facility that were received by ENE Lateral, was terminated on October 31, 2022, by virtue of the Merger. In connection with the Merger, ENE Onshore entered into a Contribution and Note Termination Agreement, pursuant to which ENE Onshore received an equity contribution sufficient to allow it to remit payment to (a) KFMC of the then-outstanding KFMC-ENE Onshore Note and (b) AGT of amounts owed for October 2022 net capacity payments. Subsequently, the KFMC-ENE Onshore Note was terminated. After the contribution, on October 31, 2022, ENE Onshore had no material net assets or liabilities. Dividend Declaration On November 8, 2022 , the Company announced that our Board of Directors declared a cash dividend, with respect to the quarter ended September 30, 2022, of $ 0.025 per share of Class A Common Stock. The dividend is payable on December 14, 2022 , to Class A Common Stockholders of record as of the close of business on November 22, 2022 . EELP will make a corresponding distribution of $ 0.025 per interest to holde rs of Class B interests on the same date of the dividend payment.

Summary of significant accoun_2

Summary of significant accounting policies (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Tax Receivable Agreement	Tax Receivable Agreement In connection with the IPO Transaction, the Company entered into a tax receivable agreement (“TRA”) for the benefit of Excelerate Energy Holdings, LLC (“EE Holdings”) and the George Kaiser Family Foundation (the “Foundation”) (or their affiliates) pursuant to which the Company will pay 85 % of the net cash tax savings, if any, that Excelerate is deemed to realize as a result of our utilization of certain tax benefits resulting from (i) certain increases in the tax basis of assets of EELP and its subsidiaries resulting from exchanges of EELP partnership interests in the future, (ii) certain tax attributes of EELP and subsidiaries of EELP (including the existing tax basis of assets owned by EELP or its subsidiaries and the tax basis of the Foundation Vessels) that existed as of the time of the IPO or may exist at the time when Class B interests of EELP are exchanged for shares of Class A Common Stock, and (iii) certain other tax benefits related to Excelerate entering into the TRA, including tax benefits attributable to payments that Excelerate makes under the TRA. Actual tax benefits realized by the Company may vary depending on changes in certain of our assumptions, including no material changes in the relevant tax law and that we earn sufficient taxable income to realize the full tax benefits that are the subject of the TRA. Estimating the amount of payments that may be made under the TRA is by its nature imprecise, insofar as the calculation of amounts payable depends on a variety of factors and future events. Decisions made in the course of running our business, such as with respect to mergers and other forms of business combinations that constitute changes in control, may influence the timing and amount of payments we make under the TRA in a manner that does not correspond to our use of the corresponding tax benefits. Subsequent changes to the TRA liability will be recognized in our consolidated statements of income.
Long Term Incentive Compensation	Long-term Incentive Compensation The Company issues stock-based awards to employees and directors in the form of stock options or restricted stock units (“RSUs”). The grant date fair value is estimated using the Black-Scholes option pricing model, which requires management to make assumptions regarding the fair value of Excelerate’s common stock on the grant date, including the expected term of the award, the expected volatility of the Company’s stock calculated based on a period of time generally commensurate with the expected term of the award, risk-free interest rates and expected dividend yields. For time-vesting awards, long-term incentive compensation expense is recognized over the vesting period, using the straight-line method. The reversal of any expense due to forfeitures is accounted for as they occur. See Note 16 – Long-term Incentive Compensation, for additional information on the Company’s stock-based compensation plan.
Earnings (Loss) Per Share	Earnings (Loss) Per Share Basic earnings (loss) per share is computed by dividing net income (loss) attributable to shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share is computed by dividing net income (loss) attributable to shareholders by the weighted-average shares outstanding during the period after adjusting for the impact of securities that would have a dilutive effect on earnings (loss) per share. As a result of the IPO Transaction, the presentation of earnings (loss) per share for the periods prior to the IPO Transaction is not meaningful and only earnings (loss) per share for periods subsequent to the IPO Transaction are presented herein. See Note 13 – Earnings per share for additional information.
Recent accounting pronouncements	Recent accounting pronouncements In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”), which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging relationships, and other transactions that reference London Interbank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued because of reference rate reform. In January 2021, the FASB issued ASU 2021-01, “ Reference Rate Reform (Topic 848) – Scope (“ASU 2021-01”),” which permits entities to apply optional expedients in Topic 848 to derivative instruments modified because of discounting transition resulting from reference rate reform. ASU 2020-04 became effective upon issuance and may be applied prospectively to contract modification made on or before December 31, 2022. ASU 2021-01 became effective upon issuance and may be applied on a full retrospective basis as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020 or prospectively for contract modifications made on or before December 31, 2022. The Company is currently evaluating the impact of the adoption of ASU 2020-04 and ASU 2021-01 on its Consolidated Financial Statements and related disclosures. In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Disclosure Framework – Measurement of Credit Losses on Financial Instruments , which requires financial assets measured at amortized cost, including trade receivables, be presented net of the amount expected to be collected. The measurement of all expected credit losses will be based on relevant information about the credit quality of customers, past events, including historical experience, and reasonable and supportable forecasts that affect the collectability of the reported amount. In October 2019, the FASB voted to approve a proposal to defer the effective date of ASU 2016-13 for certain entities, including emerging growth companies that take advantage of the extended transition period, to fiscal years beginning after December 15, 2022. The Company is currently evaluating the impact of adopting this new guidance on its consolidated financial statements.

Fair value of financial instr_2

Fair value of financial instruments (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of financial assets and liabilities of fair value	The following table presents the Company’s financial assets and liabilities by level within the fair value hierarchy that are measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Financial assets Derivative financial instruments Level 2 $ 2,414 $ — Financial liabilities Derivative financial instruments Level 2 $ — $ ( 4,400 )

Accounts receivable, net (Table

Accounts receivable, net (Tables)	9 Months Ended
	Sep. 30, 2022
Receivables [Abstract]
Schedule of accounts receivable, net	As of September 30, 2022 and December 31, 2021, accounts receivable, net consisted of the following (in thousands): September 30, 2022 December 31, 2021 Trade receivables $ 317,356 $ 245,000 Accrued revenue 9,497 16,414 Allowance for doubtful accounts ( 593 ) ( 879 ) Accounts receivable, net $ 326,260 $ 260,535

Derivative financial instrume_2

Derivative financial instruments (Tables)	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of derivative instruments	The following table summarizes the notional values related to the Company’s derivative instruments outstanding at September 30, 2022 (in thousands): September 30, 2022 Interest rate swap (1) $ 66,061 (1) Number of open positions and gross notional values do not measure the Company’s risk of loss, quantify risk or represent assets or liabilities of the Company. Instead, they indicate the relative size of the derivative instruments and are used in the calculation of the amounts to be exchanged between counterparties upon settlements.
Schedule of fair value of the Company's derivative instruments designated as hedging instruments	The following table presents the fair value of each classification of the Company’s derivative instruments designated as hedging instruments as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Interest rate swaps – cash flow hedges Current assets $ 406 $ — Non-current assets 2,008 — Current liabilities — ( 1,401 ) Non-current liabilities — ( 2,999 ) Net derivative assets (liabilities) $ 2,414 $ ( 4,400 )
Schedule of gains and losses from the Company's derivative instruments designated in a cash flow hedging	The following tables present the gains and losses from the Company’s derivative instruments designated in a cash flow hedging relationship recognized in the consolidated statements of income and comprehensive income for the three and nine months ended September 30, 2022 and 2021 (in thousands): Derivatives Designated in Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives (Effective Portion) For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Interest rate swaps $ 1,917 $ 2,837 $ 5,681 $ 902 Derivatives Designated in Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion) Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Interest rate swaps Interest expense $ ( 437 ) $ 2,195 $ ( 967 ) $ ( 1,258 )

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Schedule of Inventories	As of September 30, 2022 and December 31, 2021, inventories consisted of the following (in thousands): September 30, 2022 December 31, 2021 LNG $ 241,405 $ 101,594 Bunker fuel 3,464 3,426 Inventories $ 244,869 $ 105,020

Other current assets (Tables)

Other current assets (Tables)	9 Months Ended
	Sep. 30, 2022
Other Assets, Current [Abstract]
Schedule of Other current assets	As of September 30, 2022 and December 31, 2021, other current assets consisted of the following (in thousands): September 30, 2022 December 31, 2021 Prepaid expenses $ 10,803 $ 10,259 Prepaid expenses – related party 2,120 5,917 Tax receivables 6,610 9,186 Other receivables 966 832 Other current assets $ 20,499 $ 26,194

Property and equipment (Tables)

Property and equipment (Tables)	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property and equipment	As of September 30, 2022 and December 31, 2021, the Company’s property and equipment, net consisted of the following (in thousands): September 30, 2022 December 31, 2021 Vessels $ 1,806,704 $ 1,705,719 Vessel related equipment 400,279 391,985 Buoy and pipeline 12,383 11,553 Finance lease right-of-use assets 40,007 219,435 Other equipment 16,556 16,068 Assets in progress 33,388 21,023 Less accumulated depreciation ( 891,747 ) ( 932,614 ) Property and equipment, net $ 1,417,570 $ 1,433,169

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	9 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
Schedule Of Accrued Liabilities	As of September 30, 2022 and December 31, 2021, accrued liabilities consisted of the following (in thousands): September 30, 2022 December 31, 2021 Accrued vessel and cargo expenses $ 20,128 $ 48,053 Payroll and related liabilities 11,258 9,262 Accrued interest 3,185 917 Current portion of derivative liability — 1,401 Off-market capacity liability – ENE Onshore 1,155 11,072 Accrued turnover taxes 27,628 25,016 Other accrued liabilities 10,908 9,313 Accrued liabilities $ 74,262 $ 105,034

Long-term debt (Tables)

Long-term debt (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Instruments [Abstract]
Schedule of long term debt	The Company’s long-term debt consists of the following (in thousands): September 30, 2022 December 31, 2021 Experience Vessel Financing $ 139,212 $ 148,500 2017 Bank Loans 86,532 91,570 EE Revolver — — Total debt 225,744 240,070 Less unamortized debt issuance costs ( 5,779 ) ( 6,655 ) Total debt, net 219,965 233,415 Less current portion, net ( 20,670 ) ( 19,046 ) Total long-term debt, net $ 199,295 $ 214,369

Long-term debt- related party (

Long-term debt- related party (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Company's related party long-term debt	The Company’s related party long-term debt consists of the following (in thousands): September 30, 2022 December 31, 2021 Exquisite Vessel Financing $ 190,450 $ 196,213 KFMC Note — — KFMC-ENE Onshore Note 9,900 2,100 Total related party debt 200,350 198,313 Less current portion ( 7,514 ) ( 7,096 ) Total long-term related party debt $ 192,836 $ 191,217

Earnings per share (Tables)

Earnings per share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table presents the computation of earnings per share for the three months ended September 30, 2022 and the period from April 13, 2022 through September 30, 2022 (in thousands except share and per share amounts): For the three months ended September 30, 2022 For the period from April 13 – September 30, 2022 Net income $ 37,272 $ 33,176 Less net income attributable to non-controlling interest 28,571 26,924 Less net loss attributable to non-controlling interest – ENE Onshore ( 127 ) ( 545 ) Net income attributable to shareholders – basic and diluted $ 8,828 $ 6,797 Weighted average shares outstanding – basic 26,254,167 26,254,167 Dilutive effect of unvested restricted common stock 6,694 6,006 Issued upon assumed exercise of outstanding stock options — — Class B Common Stock converted to Class A Common Stock — — Weighted average shares outstanding – diluted 26,260,861 26,260,173 Earnings per share Basic $ 0.34 $ 0.26 Diluted $ 0.34 $ 0.26
Schedule of Common stock shares equivalent excluded from the calculation of diluted earnings per share	The following table presents the common stock shares equivalents excluded from the calculation of diluted earnings per share for the three months ended September 30, 2022 and the period from April 13, 2022 through September 30, 2022, as they would have had an antidilutive effect: For the three months ended September 30, 2022 For the period from April 13 – September 30, 2022 Stock options — 168,076 Class B Common Stock 82,021,389 82,021,389

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Schedule of Finance Lease Liabilities	Finance lease liabilities as of September 30, 2022 and December 31, 2021 consisted of the following (in thousands): September 30, 2022 December 31, 2021 External leases: Finance lease liabilities $ 235,331 $ 251,658 Less current portion of finance lease liabilities ( 19,999 ) ( 21,903 ) Finance lease liabilities, long-term $ 215,332 $ 229,755 Related party leases: Finance lease liabilities $ — $ 226,619 Less current portion of finance lease liabilities — ( 15,627 ) Finance lease liabilities, long-term $ — $ 210,992
Schedule of Maturities of Operating and Finance Lease Liabilities	A maturity analysis of the Company’s operating and finance lease liabilities (excluding short-term leases) at September 30, 2022 is as follows (in thousands): Year Operating Finance 2022 $ 9,045 $ 9,269 2023 36,416 33,235 2024 28,902 33,248 2025 18,175 33,235 2026 943 33,235 Thereafter 2,250 174,355 Total lease payments $ 95,731 $ 316,577 Less: imputed interest ( 7,929 ) ( 81,246 ) Carrying value of lease liabilities 87,802 235,331 Less: current portion ( 32,110 ) ( 19,999 ) Carrying value of long-term lease liabilities $ 55,692 $ 215,332
Schedule of Total Lease Cost	The Company's total lease costs for the three and nine months ended September 30, 2022 and 2021 recognized in the consolidated statements of income consisted of the following (in thousands): For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Amortization of finance lease right-of-use assets – related party $ — $ 1,226 $ 1,226 $ 3,679 Amortization of finance lease right-of-use assets – external 652 3,336 1,957 10,008 Interest on finance lease liabilities – related party — 7,220 7,006 21,965 Interest on finance lease liabilities – external 3,751 4,240 11,506 13,131 Operating lease expense 9,310 7,839 28,177 22,095 Short-term lease expense 386 614 992 911 Total lease costs $ 14,099 $ 24,475 $ 50,864 $ 71,789
Schedule of Other Information Related to Leases	Other information related to leases for the three and nine months ended September 30, 2022 and 2021 are as follows (in thousands): For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Operating cash flows for finance leases $ 3,751 $ 4,240 $ 11,506 $ 13,131 Operating cash flows for finance leases – related party — 7,220 7,006 21,965 Financing cash flow for finance leases 5,521 9,158 16,326 26,993 Financing cash flow for finance leases – related party — 3,948 2,912 11,611 Operating cash flows for operating leases 8,932 6,825 27,007 20,918 Right-of-use assets obtained in exchange for new operating lease liabilities 935 520 2,091 520

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Company Revenue	The following table presents the Company’s revenue for t he three and nine months ended September 30, 2022 and 2021 (in thousands): For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Revenue from leases $ 84,857 $ 86,446 $ 240,814 $ 266,913 Revenue from contracts with customers Time charter, regasification and other services 30,489 30,132 82,196 85,386 Gas sales 687,915 75,563 1,694,853 197,453 Total revenue $ 803,261 $ 192,141 $ 2,017,863 $ 549,752
Schedule of revenue from leases	The Company’s time charter contracts are accounted for as operating or sales-type leases. The Company's revenue from leases is presented within revenues in the consolidated statements of income and for the three and nine months ended September 30, 2022 and 2021 consists of the following (in thousands): For the three months ended September 30, For the nine months ended September 30, 2022 2021 2022 2021 Operating lease income $ 65,919 $ 66,994 $ 184,220 $ 208,860 Sales-type lease income 18,938 19,452 56,594 58,053 Total revenue from leases $ 84,857 $ 86,446 $ 240,814 $ 266,913
Schedule of leased property and equipment	The following represents the amount of property and equipment that is leased to customers as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Property and equipment $ 1,854,028 $ 1,899,892 Accumulated depreciation ( 688,693 ) ( 766,642 ) Property and equipment, net $ 1,165,335 $ 1,133,250
Schedule of minimum contractual future revenues	The future minimum revenues presented in the table below should not be construed to reflect total charter hire revenues for any of the years presented. Minimum future revenues included below are based on the fixed components and do not include variable or contingent revenue. Additionally, revenue generated from short-term charters are not included as the duration of the contracts are less than a year. As of September 30, 2022, the minimum contractual future revenues to be received under the time charters during the next five years and thereafter are as follows (in thousands): Year Sales-type Operating Remainder of 2022 $ 22,084 $ 44,749 2023 80,449 167,190 2024 84,214 132,753 2025 87,612 121,510 2026 87,612 93,327 Thereafter 579,486 475,428 Total undiscounted $ 941,457 $ 1,034,957 Less: imputed interest ( 525,260 ) Net investment in sales-type leases 416,197 Less: current portion ( 12,759 ) Non-current net investment in sales-type leases $ 403,438
Schedule of disaggregated revenues	The following table shows disaggregated revenues from customers attributable to the country in which the revenues were derived (in thousands). Revenues from external customers are attributed to the country in which the party to the applicable agreement has its principal place of business. For the three months ended September 30, 2022 Revenue from contracts with customers Revenue from TCP, Regas Gas Total leases and other sales revenue Bangladesh $ 18,935 $ 10,593 $ — $ 29,528 UAE 16,763 5,144 — 21,907 Pakistan 11,123 2,877 — 14,000 Argentina 15,234 7,062 — 22,296 Brazil 13,194 1,991 687,915 703,100 Israel 9,608 1,647 — 11,255 United States — 1,146 — 1,146 Other — 29 — 29 Total revenue $ 84,857 $ 30,489 $ 687,915 $ 803,261 For the three months ended September 30, 2021 Revenue from contracts with customers Revenue from TCP, Regas Gas Total leases and other sales revenue Bangladesh $ 19,850 $ 9,520 $ 75,563 $ 104,933 UAE 16,392 5,252 — 21,644 Pakistan 11,108 2,618 — 13,726 Argentina 15,358 5,181 — 20,539 Brazil 12,400 1,703 — 14,103 Israel 9,598 1,637 — 11,235 United States — 1,210 — 1,210 Other 1,740 3,011 — 4,751 Total revenue $ 86,446 $ 30,132 $ 75,563 $ 192,141 For the nine months ended September 30, 2022 Revenue from contracts with customers Revenue from TCP, Regas Gas Total leases and other sales revenue Bangladesh $ 56,349 $ 29,321 $ — $ 85,670 UAE 45,754 13,406 — 59,160 Pakistan 33,008 8,214 — 41,222 Argentina 38,000 17,084 — 55,084 Brazil 39,152 5,525 1,620,754 1,665,431 Israel 28,551 4,760 — 33,311 United States — 3,504 74,099 77,603 Other — 382 — 382 Total revenue $ 240,814 $ 82,196 $ 1,694,853 $ 2,017,863 For the nine months ended September 30, 2021 Revenue from contracts with customers Revenue from TCP, Regas Gas Total leases and other sales revenue Bangladesh $ 58,452 $ 27,337 $ 158,503 $ 244,292 UAE 48,683 12,590 — 61,273 Pakistan 33,008 7,753 — 40,761 Argentina 37,619 13,530 — 51,149 Brazil 36,795 5,092 — 41,887 Israel 28,482 4,857 — 33,339 United States 9,100 6,939 — 16,039 China — — 38,950 38,950 Other 14,774 7,288 — 22,062 Total revenue $ 266,913 $ 85,386 $ 197,453 $ 549,752
Schedule of changes in long-term contract liabilities	The following table reflects the changes in our long-term contract liabilities to customers as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Deferred revenues, beginning of period $ 14,451 $ 9,569 Cash received but not yet recognized 3,819 4,882 Deferred revenues, end of period $ 18,270 $ 14,451
Schedule of expected recognized revenue from contracts	The Company expects to recognize revenue from contracts exceeding one year over the following time periods (in thousands): 2022 $ 11,977 2023 43,558 2024 44,845 2025 44,071 2026 44,071 Thereafter 212,595 $ 401,117

Long-term Incentive Compensat_2

Long-term Incentive Compensation (Tables)	9 Months Ended
	Sep. 30, 2022
Compensation Related Costs [Abstract]
Summary of assumptions fair value of options granted	The Company uses estimates of forfeitures to estimate the expected term of the options granted. 2022 Risk-free interest rate 2.7 % Expected dividend yield 0.4 % Expected volatility 58.5 % Expected term 6.5 years
Summary of stock option activity	The following table summarizes stock option activity for th e nine months ended September 30, 2022 and provides information for outstanding and exercisable options as of September 30, 2022: Number of Options Weighted Average Exercise Price (per share) Outstanding at January 1, 2022 — $ — Granted 338,935 24.00 Exercised — — Forfeited or expired 15,912 24.00 Outstanding at September 30, 2022 323,023 $ 24.00 Exercisable at September 30, 2022 — $ —
Summary of restricted stock activity	The following table summarizes restricted stock unit activity for th e nine months ended September 30, 2022 and provides information for unvested shares as of September 30, 2022: Number of Shares Weighted Average Fair Value (per share) Unvested at January 1, 2022 — $ — Granted 31,630 22.81 Vested — — Forfeited — — Unvested at September 30, 2022 31,630 $ 22.81

Related party transactions (Tab

Related party transactions (Tables)	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Schedule of transactions with related parties	The following transactions with related parties are included in the accompanying consolidated statements of income (in thousands): Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Management fees and other expenses with Kaiser $ 107 $ 802 $ 1,126 $ 1,231
Schedule of balances with related parties included in the accompanying consolidated balance sheets	The following balances with related parties are included in the accompanying consolidated balance sheets (in thousands): September 30, 2022 December 31, 2021 Amounts due from related parties $ 2,496 $ 11,140 Amounts due to related parties $ 345 $ 7,937 Prepaid expenses – related party $ 2,120 $ 5,917

Concentration risk (Tables)

Concentration risk (Tables)	9 Months Ended
	Sep. 30, 2022
Risks and Uncertainties [Abstract]
Schedule of Customers with Revenues	The following table shows customers with revenues of 10 % or greater of total revenues: Percentage of Total Revenues Nine months ended September 30, 2022 2021 Customer A 82 % 8 % Customer B 3 % 40 %

Asset retirement obligations (T

Asset retirement obligations (Tables)	9 Months Ended
	Sep. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Asset Retirement Obligations And The Changes Due To Accretion Expense	The following table presents the balances for asset retirement obligations and the changes due to accretion expense (in thousands): September 30, 2022 December 31, 2021 Asset retirement obligations, beginning of period $ 34,929 $ 33,499 Accretion expense 1,114 1,430 Asset retirement obligations, end of period $ 36,043 $ 34,929

Supplemental noncash disclosu_2

Supplemental noncash disclosures for consolidated statement of cash flows (Tables)	9 Months Ended
	Sep. 30, 2022
Supplemental Cash Flow Elements [Abstract]
Schedule of supplemental noncash disclosures for the consolidated statement of cash flows	Supplemental noncash disclosures for the consolidated statement of cash flows consist of the following (in thousands): Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Supplemental cash flow information: Cash paid for taxes $ 8,915 $ 5,476 $ 23,682 $ 13,689 Cash paid for interest 11,808 20,382 42,991 61,593 Right-of-use assets obtained in exchange for lease obligations 935 520 2,091 520 Increase (decrease) in capital expenditures included in accounts payable 1,371 ( 6,819 ) ( 8,232 ) ( 7,844 ) Vessel acquisition — — 188,500 — KFMC note receivable netted against Lateral note payable to KFMC — 88,500 — 88,500 ENE Lateral distribution of ENE Onshore note to KFMC as partial settlement of ENE Lateral note to KFMC — 117,038 — 117,038 Noncash contribution received to settle note payable to KFMC — 57,159 — 57,159 Noncash contribution received reflected as a note receivable from GBK — 16,500 — 16,500
Schedule of reconciliation of cash, cash equivalents and restricted cash	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets as of September 30, 2022 and December 31, 2021 (in thousands): September 30, 2022 December 31, 2021 Cash and cash equivalents $ 345,682 $ 72,786 Restricted cash – current 3,458 2,495 Restricted cash – non-current 17,907 15,683 Cash, cash equivalents, and restricted cash $ 367,047 $ 90,964

Accumulated other comprehensi_2

Accumulated other comprehensive (income) loss (Tables)	9 Months Ended
	Sep. 30, 2022
AOCI Attributable to Parent [Abstract]
Components of accumulated other comprehensive (income) loss	Changes in components of accumulated other comprehensive (income) loss were (in thousands): Cumulative Qualifying Share of OCI in Total At January 1, 2022 $ 2,167 $ 3,702 $ 3,309 $ 9,178 Other comprehensive (income) loss — ( 2,958 ) ( 492 ) ( 3,450 ) Reclassification to income — ( 86 ) ( 1,922 ) ( 2,008 ) At March 31, 2022 $ 2,167 $ 658 $ 895 $ 3,720 Other comprehensive (income) loss — ( 806 ) ( 1,325 ) ( 2,131 ) Reclassification to income — ( 444 ) 532 88 Reclassification to NCI ( 1,643 ) 322 ( 157 ) ( 1,478 ) At June 30, 2022 $ 524 $ ( 270 ) $ ( 55 ) $ 199 Other comprehensive (income) loss — ( 1,917 ) 2,601 684 Reclassification to income — ( 437 ) ( 1,625 ) ( 2,062 ) Reclassification to NCI — 1,784 ( 740 ) 1,044 At September 30, 2022 $ 524 $ ( 840 ) $ 181 $ ( 135 ) At January 1, 2021 $ 2,167 $ 7,027 $ 5,767 $ 14,961 Other comprehensive (income) loss — ( 1,865 ) ( 2,628 ) ( 4,493 ) Reclassification to income — ( 174 ) 804 630 At March 31, 2021 $ 2,167 $ 4,988 $ 3,943 $ 11,098 Other comprehensive (income) loss — 3,800 ( 369 ) 3,431 Reclassification to income — ( 3,279 ) 860 ( 2,419 ) At June 30, 2021 $ 2,167 $ 5,509 $ 4,434 $ 12,110 Other comprehensive (income) loss — ( 2,837 ) ( 1,239 ) ( 4,076 ) Reclassification to income — 2,195 767 2,962 At September 30, 2021 $ 2,167 $ 4,867 $ 3,962 $ 10,996

General business information (A

General business information (Additional Information) (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended	9 Months Ended
	Apr. 18, 2022	Jun. 30, 2022	Sep. 30, 2022
Initial public offering, per value		$ 408,290
Common Class A [Member]
Issuance of common stock - IPO, shares			26,254,167
Common Class A [Member] | EE Holdings [Member]
Percent of EELP Interests Owned			24.20%
Common Class B [Member]
Issuance of common stock - IPO, shares			82,021,389
Common Class B [Member] | EE Holdings [Member]
Percent of EELP Interests Owned			75.80%
Class A Common Stock [Member] | Common Class A [Member]
Issuance of common stock - IPO, shares		18,400,000
Initial public offering, per value		$ 18
Foundation Vessels Purchase [Member]
Foundation Vessel cash payment	$ 50,000		$ 50,000
IPO [Member] | Common Class A [Member]
Proceeds from issuance initial public offering	441,600		441,600
Underwriting discounts and commissions	25,400		25,400
IPO-related expenses	$ 7,900		$ 7,900
Issuance of common stock - IPO, shares	18,400,000
Offer price per share	$ 24
Shares Issued, Price Per Share	$ 0.001

Summary of significant accoun_3

Summary of significant accounting policies (Additional Information) (Details)	9 Months Ended
	Sep. 30, 2022
Excelerate Energy, Inc [Member] | Tax Receivable Agreement [Member]
Cash and Cash Equivalents [Line Items]
Net cash tax saving percentage	85%

Accounts receivable, net - Sche

Accounts receivable, net - Schedule of account receivables (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Receivables [Abstract]
Trade receivables	$ 317,356	$ 245,000
Accrued revenue	9,497	16,414
Allowance for doubtful accounts	(593)	(879)
Accounts receivable, net	$ 326,260	$ 260,535

Fair value of financial instr_3

Fair value of financial instruments - Schedule of financial assets and liabilities of fair value (Details) - Level 2 - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative financial instruments, liabilities	$ 0	$ (4,400)
Derivative financial instruments, assets	$ 2,414

Fair value of financial instr_4

Fair value of financial instruments (Additional Information) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Offsetting Liabilities [Line Items]
Cash collateral	$ 0		$ 0		$ 0
Long-Lived Assets [Member]
Offsetting Liabilities [Line Items]
Impairment	0	$ 0	0	$ 0
Equity investments [Member]
Offsetting Liabilities [Line Items]
Impairment	$ 0	$ 0	$ 0	$ 0

Derivative financial instrume_3

Derivative financial instruments - Schedule of derivative instruments (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Interest rate swap
Derivatives, Fair Value [Line Items]
Notional values	$ 66,061

Derivative financial instrume_4

Derivative financial instruments - Schedule of fair value of derivative instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Offsetting Liabilities [Line Items]
Interest rate swaps - cash flow hedges, current liabilities	$ 0	$ 1,401
Interest rate swaps - cash flow hedges, non current liabilities	0	2,999
Net derivative assets (liabilities)	2,414	4,400
Interest rate swaps - cash flow hedges
Offsetting Liabilities [Line Items]
Interest rate swaps - cash flow hedges, current assets	406
Interest rate swaps - cash flow hedges, non current assets	2,008
Interest rate swaps - cash flow hedges, current liabilities		(1,401)
Interest rate swaps - cash flow hedges, non current liabilities		$ (2,999)

Derivative financial instrume_5

Derivative financial instruments (Additional Information) (Details) - USD ($) $ in Millions		9 Months Ended
	Jun. 23, 2017	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Long-term interest rate swap, percentage	70%
Other Comprehensive Income, Amount of gain (loss) recognized		$ 0.4
Amount of gain (loss) recognized expected to be reclassified (Term)		12 months

Derivative financial instrume_6

Derivative financial instruments - Schedule of derivative instruments designated in a cash flow hedging relationship recognized (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Derivatives Designated in Cash Flow Hedging Relationship - Interest Rate Swaps
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives (Effective Portion)	$ 1,917	$ (2,837)	$ 5,681	$ (902)
Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion) - Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income	$ (437)	$ (2,195)	$ (967)	$ (1,258)

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
LNG	$ 241,405	$ 101,594
Bunker fuel	3,464	3,426
Inventories	$ 244,869	$ 105,020

Other Current Assets - Schedule

Other Current Assets - Schedule of Other current assets (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Other Assets, Current [Abstract]
Prepaid expenses	$ 10,803	$ 10,259
Prepaid expenses - related party	2,120	5,917
Tax receivables	6,610	9,186
Other receivables	966	832
Other Assets, Current, Total	$ 20,499	$ 26,194

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Less accumulated depreciation	$ (891,747)	$ (932,614)
Property and equipment, net	1,417,570	1,433,169
Vessels [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,806,704	1,705,719
Vessel Related Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	400,279	391,985
Buoy and Pipeline [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	12,383	11,553
Finance Lease Right-of-Use Assets [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	40,007	219,435
Other Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	16,556	16,068
Assets in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 33,388	$ 21,023

Property and Equipment - Additi

Property and Equipment - Additional Information (Details) - USD ($) $ in Thousands		3 Months Ended			9 Months Ended
	Apr. 18, 2022	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Depreciation Expenses		$ 24,648		$ 26,074	$ 72,687	$ 78,320
Common stock fair value			$ 188,500
Finance lease liabilities		235,331			235,331		$ 251,658
Early extinguishment of lease liability on vessel acquisition		0		0	21,834	0
Foundation Vessels Purchase [Member]
Property, Plant and Equipment [Line Items]
Cash consideration	$ 50,000				50,000
Estimated future payments					21,500
Early extinguishment of lease liability on vessel acquisition					$ 21,800
Foundation Vessels Purchase [Member] | Class A Common Stock [Member]
Property, Plant and Equipment [Line Items]
Non-cash consideration (in shares)					7,854,167
Common stock fair value					$ 188,500
Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Depreciation Expenses		$ 23,900		$ 25,800	$ 70,600	$ 77,200

Accrued Liabilities - Schedule

Accrued Liabilities - Schedule of Accrued liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Accrued vessel and cargo expenses	$ 20,128	$ 48,053
Payroll and related liabilities	11,258	9,262
Accrued interest	3,185	917
Current portion of derivative liability	0	1,401
Off-market capacity liability - ENE Onshore	1,155	11,072
Accrued turnover taxes	27,628	25,016
Other accrued liabilities	10,908	9,313
Accrued liabilities	$ 74,262	$ 105,034

Long-term Debt - Schedule of lo

Long-term Debt - Schedule of long term debt (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2016
Debt Instrument [Line Items]
Total debt	$ 225,744	$ 240,070
Less unamortized debt issuance costs	(5,779)	(6,655)
Total debt, net	219,965	233,415
Less current portion, net	(20,670)	(19,046)
Total long-term debt, net	199,295	214,369
Experience Vessel Financing
Debt Instrument [Line Items]
Total debt	139,212	148,500	$ 247,500
2017 Bank Loans
Debt Instrument [Line Items]
Total debt	86,532	91,570
EE Revolver [Member]
Debt Instrument [Line Items]
Total debt	$ 0	$ 0

Long-term Debt - Additional Inf

Long-term Debt - Additional Information (Details) - USD ($) $ in Thousands			1 Months Ended	12 Months Ended
	Apr. 18, 2022	Jun. 23, 2017	Dec. 31, 2016	Dec. 31, 2021	Sep. 30, 2022
Debt Instrument [Line Items]
Debt instrument carrying amount				$ 240,070	$ 225,744
Line of credit					40,000
Senior Secured Revolving Credit Agreement [Member]
Debt Instrument [Line Items]
Line of credit facility, expiration date	Apr. 30, 2025
Borrowing term years	3 years
Senior Secured Revolving Credit Agreement [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument [Line Items]
Variable spread basis	0.10%
Senior Secured Revolving Credit Agreement [Member] | Maximum
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 350,000
Borrowing commitment fee	0.50%
Senior Secured Revolving Credit Agreement [Member] | Minimum
Debt Instrument [Line Items]
Borrowing commitment fee	0.375%
EE Revolver [Member]
Debt Instrument [Line Items]
Line of credit					40,000
Line of credit undrawn capacity					310,000
Line of credit facility revolving credit conversion					253,000
Experience Vessel Financing
Debt Instrument [Line Items]
Debt instrument carrying amount			$ 247,500	148,500	$ 139,212
Quarterly principal payments			$ 5,000	$ 3,100
Variable spread basis			4.20%	3.25%
Maturity Date			Dec. 31, 2026	Dec. 31, 2033
Experience Vessel Financing | 3 Month LIBOR
Debt Instrument [Line Items]
Interest rate					7%
Variable spread basis				3.25%
2017 Bank Loans | 6 Month LIBOR | MLNG terminal [Member]
Debt Instrument [Line Items]
Interest rate					6.70%
Variable spread basis		2.42%
Line of credit facility, expiration date		Oct. 15, 2029
Line of credit facility, maximum borrowing capacity		$ 32,800
Line of credit facility, frequency of payments		semi-annual payments
2017 Bank Loans | 3 Month LIBOR | MLNG terminal [Member]
Debt Instrument [Line Items]
Interest rate					8.30%
Variable spread basis		4.50%
Line of credit facility, expiration date		Oct. 15, 2029
Line of credit facility, maximum borrowing capacity		$ 92,800
Line of credit facility, frequency of payments		quarterly payments

Long-term Debt - Related Party

Long-term Debt - Related Party - Schedule of Company's Related Party Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Jun. 30, 2018
Debt Instrument [Line Items]
Total related party debt	$ 200,350	$ 198,313
Less current portion	(7,514)	(7,096)
Total long-term related party debt	192,836	191,217
Exquisite Vessel Financing
Debt Instrument [Line Items]
Total related party debt	190,450	196,213
Total long-term related party debt			$ 220,000
KFMC Note
Debt Instrument [Line Items]
Total related party debt	0	0
KFMC-ENE Onshore Note
Debt Instrument [Line Items]
Total related party debt	$ 9,900	$ 2,100

Long-term Debt - Related Part_2

Long-term Debt - Related Party - Additional Information (Details) - USD ($) $ in Thousands		1 Months Ended		9 Months Ended
	Nov. 30, 2021	Sep. 30, 2021	Jun. 30, 2018	Sep. 30, 2022	Dec. 31, 2021	Oct. 31, 2021	Sep. 01, 2021
Debt Instrument [Line Items]
Total long-term related party debt				$ 192,836	$ 191,217
KFMC-ENE Onshore Note
Debt Instrument [Line Items]
Related Party Transaction, Date	Dec. 31, 2023
Notes Payable Variable spread basis	1.50%
Related party transaction rate				4.60%
KFMC-ENE Onshore Note | Maximum
Debt Instrument [Line Items]
Total long-term related party debt	$ 25,000
KFMC Note
Debt Instrument [Line Items]
Related Party Transaction, Date		Dec. 31, 2023
Notes Payable Variable spread basis							1.55%
KFMC Note | Maximum
Debt Instrument [Line Items]
Total long-term related party debt						$ 250,000
Exquisite Vessel Financing [Member]
Debt Instrument [Line Items]
Total long-term related party debt			$ 220,000
Interest rate of sale leaseback			7.73%

Equity (Additional Information)

Equity (Additional Information) (Details) - USD ($) $ / shares in Units, $ in Millions			1 Months Ended	9 Months Ended
	Aug. 05, 2022	Apr. 18, 2022	Apr. 30, 2022	Sep. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
IPO [Member]
Class of Stock [Line Items]
Preferred stock				25,000,000
Preferred stock par value				$ 0.001
Common Class A [Member]
Class of Stock [Line Items]
Exchange of common stock				one-for-one basis
Stock issued				26,254,167
Common stock, authorized				300,000,000		0
Common stock, par value				$ 0.001
Common stock, outstanding				26,254,167		0
Common Stock, Voting Rights				The Class A Common Stock outstanding represents 100% of the rights of the holders of all classes of our outstanding common stock to share in distributions from Excelerate
Dividends Payable, Date Declared	Aug. 05, 2022
Dividends Payable, Amount Per Share	$ 0.025			$ 0.025
Dividends Payable, Date to be Paid	Sep. 07, 2022
Dividends Payable, Date of Record	Aug. 19, 2022
Common Class A [Member] | IPO [Member]
Class of Stock [Line Items]
Proceeds from issuance initial public offering		$ 441.6		$ 441.6
Underwriting discounts and commissions		25.4		25.4
IPO-related expenses		$ 7.9		$ 7.9
Stock issued		18,400,000
Common Class B [Member]
Class of Stock [Line Items]
Stock issued				82,021,389
Common stock, authorized				150,000,000		0
Common stock, par value				$ 0.001
Common stock, outstanding				82,021,389		0
Dividends Payable, Amount Per Share	$ 0.025
Excelerate Energy, Inc [Member] | Common Class A [Member]
Class of Stock [Line Items]
Ownership interest				100%
EELP Limited Partnership Agreement [Member] | IPO [Member]
Class of Stock [Line Items]
Ownership interest					1%
EE Holdings [Member] | IPO [Member]
Class of Stock [Line Items]
Common Stock, Voting Rights				Class B stockholder following the completion of the IPO, EE Holdings has 75.8% of the combined voting power of our common stock
EE Holdings [Member] | Common Class A [Member]
Class of Stock [Line Items]
Percent of EELP Interests Owned				24.20%
EE Holdings [Member] | Common Class B [Member]
Class of Stock [Line Items]
Percent of EELP Interests Owned				75.80%
EE Holdings [Member] | EELP Limited Partnership Agreement [Member]
Class of Stock [Line Items]
Ownership interest					99%
Albania JV [Member]
Class of Stock [Line Items]
Cash contribution expenses			$ 2.8
Percent of EELP Interests Owned				90%

Earnings per share - Schedule o

Earnings per share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			6 Months Ended	9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2021
Net income	$ 37,272	$ (3,043)		$ 33,176
Less net income (loss) attributable to non-controlling interest - ENE Onshore	28,571		$ 891	26,924	$ 26,924	$ 2,152
Net income attributable to shareholders - basic	8,828		$ 0	6,797	$ 6,797	$ 0
Net income attributable to shareholders - diluted	$ 8,828			$ 6,797
Weighted average shares outstanding - basic	26,254,167		0	26,254,167	26,254,167	0
Dilutive effect of unvested restricted common stock	6,694			6,006
Issued upon assumed exercise of outstanding stock options	0			0
Class B Common Stock converted to Class A Common Stock	0			0
Weighted average shares outstanding - diluted	26,260,861		0	26,260,173	26,260,173	0
Earnings Per Share, Basic [Abstract]
Basic	$ 0.34		$ 0	$ 0.26	$ 0.26	$ 0
Diluted	$ 0.34		$ 0	$ 0.26	$ 0.26	$ 0
ENE Onshore [Member]
Less net income (loss) attributable to non-controlling interest - ENE Onshore	$ (127)		$ (1,412)	$ (545)	$ (545)	$ (5,348)

Earnings per share - Schedule_2

Earnings per share - Schedule Of Common Stock Shares Equivalent Excluded From Calculation Of Diluted Earnings Per Share (Details) - shares	3 Months Ended	6 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Class B Common Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method
Antidilutive securities	82,021,389	82,021,389
Employee Stock Option [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method
Antidilutive securities	0	168,076

Leases - Additional Information

Leases - Additional Information (Details)	Sep. 30, 2022 Tugboat Vessels Pipeline	Dec. 31, 2021
Leases [Abstract]
Number of pipelines finance agreements | Pipeline	1
Number of Tugboats Finance Agreements | Tugboat	1
Number of vessels finance agreements related parties | Vessels	2
Weighted average remaining lease term for operating leases	2 years 9 months 18 days	3 years 4 months 24 days
Weighted average remaining lease term for finance leases	10 years 3 months 18 days	12 years 1 month 6 days
Operating lease, weighted average discount rate, percent	5.90%	5.80%
Finance lease, weighted average discount rate, percent	6.30%	9.80%

Leases - Schedule of Finance le

Leases - Schedule of Finance lease liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
External leases:
Finance lease liabilities	$ 235,331	$ 251,658
Less current portion of finance lease liabilities	(19,999)	(21,903)
Finance lease liabilities, long-term	215,332	229,755
Related party leases:
Finance lease liabilities	0	226,619
Less current portion of finance lease liabilities	0	(15,627)
Finance lease liabilities, long-term	$ 0	$ 210,992

Leases - Schedule of Maturities

Leases - Schedule of Maturities of Operating and Finance Lease Liabilities (Excluding Short-term Leases) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Operating leases
2022	$ 9,045
2023	36,416
2024	28,902
2025	18,175
2026	943
Thereafter	2,250
Total lease payments	95,731
Less: imputed interest	(7,929)
Carrying value of lease liabilities	87,802
Less: current portion	(32,110)	$ (30,215)
Operating Lease, Liability, Noncurrent, Total	55,692	$ 77,936
Finance leases
2022	9,269
2023	33,235
2024	33,248
2025	33,235
2026	33,235
Thereafter	174,355
Total lease payments	316,577
Less: imputed interest	(81,246)
Carrying value of lease liabilities	235,331
Less: current portion	(19,999)
Finance Lease Liability Noncurrent Including Related Parties, Total	$ 215,332

Leases - Schedule of Total Leas

Leases - Schedule of Total Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Amortization of finance lease right-of-use assets - related party	$ 0	$ 1,226	$ 1,226	$ 3,679
Amortization of finance lease right-of-use assets - external	652	3,336	1,957	10,008
Interest on finance lease liabilities - related party	0	7,220	7,006	21,965
Interest on finance lease liabilities - external	3,751	4,240	11,506	13,131
Operating lease expense	9,310	7,839	28,177	22,095
Short-term lease expense	386	614	992	911
Total lease costs	$ 14,099	$ 24,475	$ 50,864	$ 71,789

Leases - Schedule of Other Info

Leases - Schedule of Other Information Related to Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Operating cash flows for finance leases	$ 3,751	$ 4,240	$ 11,506	$ 13,131
Operating cash flows for finance leases - related party	0	7,220	7,006	21,965
Financing cash flow for finance leases	5,521	9,158	16,326	26,993
Financing cash flow for finance leases - related party	0	3,948	2,912	11,611
Operating cash flows for operating leases	8,932	6,825	27,007	20,918
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 935	$ 520	$ 2,091	$ 520

Revenue - Schedule of Revenue (

Revenue - Schedule of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues	$ 803,261	$ 192,141	$ 2,017,863	$ 549,752
Revenue from leases [Member]
Revenues	84,857	86,446	240,814	266,913
Time charter, regasification and other services [Member]
Revenues	30,489	30,132	82,196	85,386
Gas sales [Member]
Revenues	$ 687,915	$ 75,563	$ 1,694,853	$ 197,453

Revenue - Schedule of Lease Rev

Revenue - Schedule of Lease Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Sales-type lease income	$ 18,900	$ 19,500	$ 56,600	$ 58,100
Total revenue	803,261	192,141	2,017,863	549,752
Revenue from leases [Member]
Operating lease income	65,919	66,994	184,220	208,860
Sales-type lease income	18,938	19,452	56,594	58,053
Total revenue	$ 84,857	$ 86,446	$ 240,814	$ 266,913

Revenue - Additional Informatio

Revenue - Additional Information (Details) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) Terminal Vessels	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Revenues [Abstract]
Number of vessels sales leases lessor | Vessels			2
Number of terminal sales leases lessor | Terminal			1
Sales type lease income from net investment	$ 18.9	$ 19.5	$ 56.6	$ 58.1
Number of vessels operating leases lessor | Vessels			6
Receivables from contracts with customers	308.2		$ 308.2		$ 232.5
Revenue for services recognized, Accrued revenue outstanding			9.5		12.8
Contract liabilities from advance payments	1.6		$ 1.6		$ 1.5
Frequency of revenue recognized			every five years
Remaining performance obligation	$ 401.1		$ 401.1

Revenue - Schedule of Leased Pr

Revenue - Schedule of Leased Property and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Less accumulated depreciation	$ (891,747)	$ (932,614)
Property and equipment, net	1,417,570	1,433,169
Operating leases member
Property and equipment	1,854,028	1,899,892
Less accumulated depreciation	(688,693)	(766,642)
Property and equipment, net	$ 1,165,335	$ 1,133,250

Revenue - Schedule of Minimum C

Revenue - Schedule of Minimum Contractual Future Revenues (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Revenues [Abstract]
2022	$ 22,084
2023	80,449
2024	84,214
2025	87,612
2026	87,612
Thereafter	579,486
Total undiscounted	941,457
Less: imputed interest	(525,260)
Net investment in sales-type leases	416,197
Less: current portion	(12,759)	$ (12,225)
Non-current net investment in sales-type leases	403,438
2022	44,749
2023	167,190
2024	132,753
2025	121,510
2026	93,327
Thereafter	475,428
Total undiscounted	$ 1,034,957

Revenue - Schedule of Disaggreg

Revenue - Schedule of Disaggregated Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Total revenue	$ 803,261	$ 192,141	$ 2,017,863	$ 549,752
Bangladesh
Total revenue	29,528	104,933	85,670	244,292
UAE
Total revenue	21,907	21,644	59,160	61,273
Pakistan
Total revenue	14,000	13,726	41,222	40,761
Argentina
Total revenue	22,296	20,539	55,084	51,149
Brazil
Total revenue	703,100	14,103	1,665,431	41,887
Israel
Total revenue	11,255	11,235	33,311	33,339
United States
Total revenue	1,146	1,210	77,603	16,039
China
Total revenue				38,950
Other
Total revenue	29	4,751	382	22,062
Revenue from leases [Member]
Total revenue	84,857	86,446	240,814	266,913
Revenue from leases [Member] | Bangladesh
Total revenue	18,935	19,850	56,349	58,452
Revenue from leases [Member] | UAE
Total revenue	16,763	16,392	45,754	48,683
Revenue from leases [Member] | Pakistan
Total revenue	11,123	11,108	33,008	33,008
Revenue from leases [Member] | Argentina
Total revenue	15,234	15,358	38,000	37,619
Revenue from leases [Member] | Brazil
Total revenue	13,194	12,400	39,152	36,795
Revenue from leases [Member] | Israel
Total revenue	9,608	9,598	28,551	28,482
Revenue from leases [Member] | United States
Total revenue	0	0	0	9,100
Revenue from leases [Member] | China
Total revenue				0
Revenue from leases [Member] | Other
Total revenue	0	1,740	0	14,774
TCP Regas and other [Member]
Total revenue	30,489	30,132	82,196	85,386
TCP Regas and other [Member] | Bangladesh
Total revenue	10,593	9,520	29,321	27,337
TCP Regas and other [Member] | UAE
Total revenue	5,144	5,252	13,406	12,590
TCP Regas and other [Member] | Pakistan
Total revenue	2,877	2,618	8,214	7,753
TCP Regas and other [Member] | Argentina
Total revenue	7,062	5,181	17,084	13,530
TCP Regas and other [Member] | Brazil
Total revenue	1,991	1,703	5,525	5,092
TCP Regas and other [Member] | Israel
Total revenue	1,647	1,637	4,760	4,857
TCP Regas and other [Member] | United States
Total revenue	1,146	1,210	3,504	6,939
TCP Regas and other [Member] | China
Total revenue				0
TCP Regas and other [Member] | Other
Total revenue	29	3,011	382	7,288
Gas sales [Member]
Total revenue	687,915	75,563	1,694,853	197,453
Gas sales [Member] | Bangladesh
Total revenue	0	75,563	0	158,503
Gas sales [Member] | UAE
Total revenue	0	0	0	0
Gas sales [Member] | Pakistan
Total revenue	0	0	0	0
Gas sales [Member] | Argentina
Total revenue	0	0	0	0
Gas sales [Member] | Brazil
Total revenue	687,915	0	1,620,754	0
Gas sales [Member] | Israel
Total revenue	0	0	0	0
Gas sales [Member] | United States
Total revenue	0	0	74,099	0
Gas sales [Member] | China
Total revenue				38,950
Gas sales [Member] | Other
Total revenue	$ 0	$ 0	$ 0	$ 0

Revenue - Schedule of Changes i

Revenue - Schedule of Changes in Long-term Contract Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Revenues [Abstract]
Deferred revenues, beginning of period	$ 14,451	$ 9,569
Cash received but not yet recognized	3,819	4,882
Deferred revenues, end of period	$ 18,270	$ 14,451

Revenue - Schedule of Expected

Revenue - Schedule of Expected Recognized Revenue from Contracts (Details) $ in Thousands	Sep. 30, 2022 USD ($)
2022	$ 44,749
2023	167,190
2024	132,753
2025	121,510
2026	93,327
Thereafter	475,428
Total undiscounted	1,034,957
Regasification And Other Services
2022	11,977
2023	43,558
2024	44,845
2025	44,071
2026	44,071
Thereafter	212,595
Total undiscounted	$ 401,117

Long-term Incentive Compensat_3

Long-term Incentive Compensation (Additional Information) (Details) - USD ($) shares in Millions, $ in Millions	1 Months Ended	3 Months Ended	9 Months Ended
	Apr. 30, 2022	Sep. 30, 2022	Sep. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Long-term incentive compensation recognized		$ 0.3	$ 0.6
Number of shares granted for issuance under long-term incentive plan	10.8
Percentage of shares increased description	The share pool will be increased on January 1st of each calendar year beginning in 2023 by a number of shares equal to 4% of the outstanding shares of Class A Common Stock on the preceding December 31st.
Employee Stock Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized compensation costs		4	$ 4
Weighted average period			4 years 6 months
Award vesting period			5 years
Award expiration period			10 years
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unrecognized compensation costs		$ 0.5	$ 0.5
Weighted average period			1 year 9 months 18 days
Restricted Stock [Member] | Three Year Vest [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Award vesting period			3 years
Restricted Stock [Member] | One Year Vest [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Award vesting period			1 year

Long-term Incentive Compensat_4

Long-term Incentive Compensation - Schedule of assumptions fair value of options granted (Details)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Risk-free interest rate	2.70%
Expected dividend yield	0.40%
Expected volatility	58.50%
Expected term	6 years 6 months

Long-term Incentive Compensat_5

Long-term Incentive Compensation - Summary of stock option activity (Details)	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Compensation Related Costs [Abstract]
Outstanding at January 1, 2022 | shares	0
Granted | shares	338,935
Exercised | shares	0
Forfeited or expired | shares	15,912
Outstanding at September 30, 2022 | shares	323,023
Exercisable | shares	0
Weighted Average Exercise Price, beginning balance | $ / shares	$ 0
Weighted Average Exercise Price, Granted | $ / shares	24
Weighted Average Exercise Price, Exercised | $ / shares	0
Weighted Average Exercise Price, Forfeited or expired | $ / shares	24
Weighted Average Exercise Price, Ending balance | $ / shares	24
Weighted Average Exercise Price, Exercisable | $ / shares	$ 0

Long-term Incentive Compensat_6

Long-term Incentive Compensation - Summary of Stock Options Outstanding and Exercisable (Details) - $ / shares	Sep. 30, 2022	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Weighted Average Exercise Price	$ 24	$ 0

Long-term Incentive Compensat_7

Long-term Incentive Compensation - Summary of restricted stock activity (Details) - Restricted Stock [Member]	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unvested at January 1, 2022 | shares	0
Granted | shares	31,630
Exercised | shares	0
Forfeited or expired | shares	0
Unvested at September 30,2022 | shares	31,630
Weighted Average Fair Value, Beginning balance | $ / shares	$ 0
Weighted Average Fair Value, Granted | $ / shares	22.81
Weighted Average Fair Value, Exercised | $ / shares	0
Weighted Average Fair Value, Forfeited or expired | $ / shares	0
Weighted Average Fair Value, Ending balance | $ / shares	$ 22.81

Income taxes (Additional Inform

Income taxes (Additional Information) (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022	Aug. 16, 2022
Income Tax Contingency [Line Items]
Provision for income taxes	$ 233	$ 5,228	$ 5,200	$ 11,752	$ 14,133
Increase decrease in effective foreign income tax impacts	(6,300)			(6,800)
Increase decrease in effective income tax incurred partial offset at corporate level	$ 100			$ 1,600
Decrease in effective foreign income tax rate continuing operations	(16.70%)			(11.80%)
Increase (decrease) in effective income tax rate				5.60%
Effective tax rate	0.60%	79.20%		20.30%	24.70%
Increase decrease in effective tax rate due to federal taxes incurred at corporate level	0.30%			2.80%
Corporate minimum tax							15%
Subsequent Event [Member]
Income Tax Contingency [Line Items]
Excise tax						1%

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - USD ($) $ in Thousands				3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 11, 2013	Aug. 19, 2011	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	May 14, 2007
Related Party Transaction [Line Items]
Finance Lease Liabilities Related Parties								$ 226,600
Interest on finance lease liabilities - related party				$ 0	$ 7,220	$ 7,006	$ 21,965
Related party transaction expenses from transactions with related party				107	802	1,126	1,231
Line of credit				40,000		40,000
Notes Payable, Related Parties				200,350		200,350		198,313
2021 Kaiser Letters Of Credit Obtained
Related Party Transaction [Line Items]
Long-Term Line of Credit				27,300		27,300		329,300
Aggregate amount				27,300		27,300		329,300
Kaiser Letter Of Credit Excelerate Energy Development DMCC
Related Party Transaction [Line Items]
Letter Of Credit						20,000
Kaiser Letter Of Credit Excelerate Energy Bangladesh Ltd
Related Party Transaction [Line Items]
Letter Of Credit						$ 20,000
KFMC-ENE Onshore Note
Related Party Transaction [Line Items]
Related party transaction rate						4.60%
EE Holdings [Member]
Related Party Transaction [Line Items]
Principal amount			$ 55,000
AGT LOC [Member]
Related Party Transaction [Line Items]
Related party transaction expenses from transactions with related party		$ 1,200
Maximum borrowing capacity				$ 0		$ 0		16,500
KaiserMARADMember
Related Party Transaction [Line Items]
Maximum borrowing capacity								$ 16,300	$ 15,400
Kaiser Note Payable
Related Party Transaction [Line Items]
Related party transaction rate	1.55%
Repayments of Related Party Debt	$ 57,200
Notes Payable, Related Parties	16,500				$ 16,500		$ 16,500
Monthly Payable	$ 3,300

Related Party Transactions - Sc

Related Party Transactions - Schedule of Transactions With Related Parties (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Related Party Transaction [Line Items]
Management fees and other expenses with Kaiser	$ 107	$ 802	$ 1,126	$ 1,231

Related Party Transactions - _2

Related Party Transactions - Schedule of Balances with Related Parties (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Related Party Transactions [Abstract]
Amounts due from related parties	$ 2,496	$ 11,140
Amounts due to related parties	345	7,937
Prepaid expenses - related party	$ 2,120	$ 5,917

Concentration Risk - Additional

Concentration Risk - Additional Information (Details)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Customer Concentration Risk | Revenue | Minimum
Concentration Risk [Line Items]
Concentration risk, percentage	10%	10%

Concentration Risk - Schedule o

Concentration Risk - Schedule of Customer with Revenues (Details) - Customer Concentration Risk - Revenue	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Customer A
Concentration Risk [Line Items]
Concentration Risk, Percentage	82%	8%
Customer B
Concentration Risk [Line Items]
Concentration Risk, Percentage	3%	40%

Commitments and Contingencies (

Commitments and Contingencies (Additional Information) (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Line of Credit Facility [Line Items]
Line of credit	$ 40
Kaiser Credit Line [Member]
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	600
Line of credit		$ 142.5
EE Revolver [Member]
Line of Credit Facility [Line Items]
Line of credit	$ 40

Asset retirement obligations -

Asset retirement obligations - Schedule of Asset Retirement Obligations And The Changes Due To Accretion Expense (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Asset Retirement Obligation Disclosure [Abstract]
Asset retirement obligations, beginning of period	$ 34,929	$ 33,499
Accretion expense	1,114	1,430
Asset retirement obligations, end of period	$ 36,043	$ 34,929

Supplemental noncash disclosu_3

Supplemental noncash disclosures for consolidated statement of cash flows - Schedule of Supplemental Noncash Disclosures For The Consolidated Statement Of Cash flows (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Supplemental cash flow information:
Cash paid for taxes	$ 8,915	$ 5,476	$ 23,682	$ 13,689
Cash paid for interest	11,808	20,382	42,991	61,593
Right-of-use assets obtained in exchange for lease obligations	935	520	2,091	520
Increase (decrease) in capital expenditures included in accounts payable	1,371	(6,819)	(8,232)	(7,844)
Foundation Vessels acquisition	0	0	188,500	0
KFMC Note Receivable Netted Against Lateral Note Payable To KFMC	0	88,500	0	88,500
ENE Lateral Distribution Of ENE Onshore Note To KFMC As Partial Settlement Of ENE Lateral Note To KFMC	0	117,038	0	117,038
Noncash contribution received to settle note payable to KFMC	0	57,159	0	57,159
Noncash contribution received reflected as a note receivable from Kaiser	$ 0	$ 16,500	$ 0	$ 16,500

Supplemental noncash disclosu_4

Supplemental noncash disclosures for consolidated statement of cash flows - Schedule of Reconciliation of Cash, Cash Equivalents And Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents	$ 345,682	$ 72,786
Restricted Cash, Current	3,458	2,495
Restricted Cash, Noncurrent	17,907	15,683
Cash, cash equivalents, and restricted cash	$ 367,047	$ 90,964	$ 95,145	$ 109,539

Accumulated other comprehensi_3

Accumulated other comprehensive (income) loss - Schedule components of accumulated other comprehensive (income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ 199	$ 3,720	$ 9,178	$ 12,110	$ 11,098	$ 14,961
Other comprehensive (income) loss	684	(2,131)	(3,450)	(4,076)	3,431	(4,493)
Reclassification to income	(2,062)	88	(2,008)	2,962	(2,419)	630
Reclassification to NCI	1,044	(1,478)
Ending Balance	(135)	199	3,720	10,996	12,110	11,098
Share of OCI in equity method investee
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(55)	895	3,309	4,434	3,943	5,767
Other comprehensive (income) loss	2,601	(1,325)	(492)	(1,239)	(369)	(2,628)
Reclassification to income	(1,625)	532	(1,922)	767	860	804
Reclassification to NCI	(740)	(157)
Ending Balance	181	(55)	895	3,962	4,434	3,943
Qualifying cash flow hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(270)	658	3,702	5,509	4,988	7,027
Other comprehensive (income) loss	(1,917)	(806)	(2,958)	(2,837)	3,800	(1,865)
Reclassification to income	(437)	(444)	(86)	2,195	(3,279)	(174)
Reclassification to NCI	1,784	322
Ending Balance	(840)	(270)	658	4,867	5,509	4,988
Cumulative translation adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	524	2,167	2,167	2,167	2,167	2,167
Other comprehensive (income) loss	0	0	0	0	0	0
Reclassification to income	0	0	0	0	0	0
Reclassification to NCI	0	(1,643)
Ending Balance	$ 524	$ 524	$ 2,167	$ 2,167	$ 2,167	$ 2,167

Subsequent events (Additional I

Subsequent events (Additional Information) (Details) $ / shares in Units, $ in Millions	Nov. 08, 2022 $ / shares	Oct. 20, 2022 USD ($)	Aug. 05, 2022 $ / shares	Oct. 04, 2022 USD ($) MMcfe	Sep. 30, 2022 $ / shares
Common Class B [Member]
Subsequent Event [Line Items]
Dividends Payable, Amount Per Share			$ 0.025
Class A Common Stock [Member]
Subsequent Event [Line Items]
Dividends Payable, Date Declared			Aug. 05, 2022
Dividends Payable, Amount Per Share			$ 0.025		$ 0.025
Dividends Payable, Date to be Paid			Sep. 07, 2022
Dividends Payable, Date of Record			Aug. 19, 2022
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividends Payable, Date Declared	Nov. 08, 2022
Dividends Payable, Date to be Paid	Dec. 14, 2022
Dividends Payable, Date of Record	Nov. 22, 2022
Subsequent Event [Member] | Kaiser AGT Indemnity Agreement
Subsequent Event [Line Items]
Legal Fees | $		$ 1.2
Subsequent Event [Member] | Excelerate Vessel Company Limited
Subsequent Event [Line Items]
Newbuild floating storage regasification unit | MMcfe				170,000
Agreement expected cost | $				$ 330
Subsequent Event [Member] | Common Class B [Member]
Subsequent Event [Line Items]
Dividends Payable, Amount Per Share	$ 0.025
Subsequent Event [Member] | Class A Common Stock [Member]
Subsequent Event [Line Items]
Dividends Payable, Amount Per Share	$ 0.025