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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Hierarchy of Fair Value, Assets and Liabilities Measured on Recurring Basis The following tables set forth by level, within the fair value hierarchy, the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis:
Fair value at June 30, 2022
Level 1Level 2Level 3Total
(In thousands)
Assets:
Contingent consideration (see Note 7)
$— $59,080 $— $59,080 
Investment in unconsolidated affiliate (see Note 11)
— 505,335 — 505,335 
Total assets$— $564,415 $— $564,415 
Liabilities:
Commodity derivative instruments (see Note 7)
$— $483,450 $— $483,450 
Total liabilities$— $483,450 $— $483,450 
 Fair value at December 31, 2021
 Level 1Level 2Level 3Total
 (In thousands)
Assets:
Commodity derivative instruments (see Note 7)
$— $55 $— $55 
Contingent consideration (see Note 7)
— 44,810 — 44,810 
Total assets$— $44,865 $— $44,865 
Liabilities:
Commodity derivative instruments (see Note 7)
$— $204,729 $— $204,729 
Total liabilities$— $204,729 $— $204,729