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Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2021

Fair Value Disclosures [Abstract]

Fair Value Hierarchy Table for Assets and Liabilities Measured at Fair Value

The following tables present the fair value hierarchy for assets and liabilities measured at fair value, on a recurring basis (in thousands):

			Fair Value Measurements at September 30, 2021 using:
			Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Total Carrying Value as of September 30, 2021
Trading securities held in the deferred compensation    plans			$	66,833			$	—			$	—			$	66,833
Commodity price derivatives	–swaps			—				(401,955	)			—				(401,955	)
	–collars			—				(93,225	)			(10,312	)			(103,537	)
	–three-way collars			—				(200,477	)			—				(200,477	)
	–calls			—				(10,018	)							(10,018	)
	–basis swaps			—				8,867				—				8,867
	–swaptions			—				—				(60,132	)			(60,132	)
Derivatives–freight swaps				—				(26	)			—				(26	)
Divestiture contingent consideration				—				50,220				—				50,220

			Fair Value Measurements at December 31, 2020 using:
			Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Total Carrying Value as of December 31, 2020
Trading securities held in the deferred compensation    plans			$	63,942			$	—			$	—			$	63,942
Commodity price derivatives	–swaps			—				6,642				—				6,642
	–calls			—				—				(546	)			(546	)
	–collars			—				7,016				(3,487	)			3,529
	–three-way collars			—				(17,818	)			—				(17,818	)
	–basis swaps			—				4,491				—				4,491
	–swaptions			—				—				(9,803	)			(9,803	)
Derivatives–freight swaps				—				1,104				—				1,104
Divesture contingent consideration				—				15,960				—				15,960

Carrying Amounts and Fair Values of Financial Instruments

The following presents the carrying amounts and the fair values of our financial instruments as of September 30, 2021 and December 31, 2020 (in thousands):

		September 30, 2021								December 31, 2020
		Carrying Value				Fair Value				Carrying Value				Fair Value
Assets:
Commodity swaps, collars and basis swaps		$	3,443			$	3,443			$	24,052			$	24,052
Divestiture contingent consideration			50,220				50,220				15,960				15,960
Marketable securities (a)			66,833				66,833				63,942				63,942
(Liabilities):
Commodity swaps, collars and basis swaps			(770,721	)			(770,721	)			(36,453	)			(36,453	)
Bank credit facility (b)			(30,000	)			(30,000	)			(702,000	)			(702,000	)
5.75% senior notes due 2021 (b)			—				—				(25,496	)			(25,474	)
5.00% senior notes due 2022 (b)			(169,589	)			(172,667	)			(169,589	)			(170,128	)
5.875% senior notes due 2022 (b)			(48,528	)			(49,383	)			(48,528	)			(48,471	)
Other senior notes due 2022 (b)			—				—				(490	)			(490	)
5.00% senior notes due 2023 (b)			(532,335	)			(552,463	)			(532,335	)			(521,699	)
4.875% senior notes due 2025 (b)			(750,000	)			(791,715	)			(750,000	)			(707,918	)
9.25% senior notes due 2026 (b)			(850,000	)			(926,832	)			(850,000	)			(888,208	)
8.25% senior notes due 2029 (b)			(600,000	)			(674,994	)			—				—
5.75% senior subordinated notes due 2021 (b)			—				—				(19,896	)			(19,589	)
5.00% senior subordinated notes due 2022 (b)			—				—				(9,730	)			(9,247	)
5.00% senior subordinated notes due 2023 (b)			—				—				(7,712	)			(6,604	)
Deferred compensation plan (c)			(184,882	)			(184,882	)			(96,563	)			(96,563	)

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

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- References

No definition available.

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

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