XML 44 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Schedule 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 September 30, 2022
			Level 1						Level 2						Level 3						Total
			(In thousands)
Assets:
Commodity derivative contracts (see Note 7)			$	—					$	3,061					$	—					$	3,061
Contingent consideration (see Note 7)			—						52,110						—						52,110
Investment in unconsolidated affiliate (see Note 12)			138,452						—						—						138,452
Total assets			$	138,452					$	55,171					$	—					$	193,623
Liabilities:
Commodity derivative contracts (see Note 7)(1)			$	—					$	389,417					$	15,086					$	404,503
Total liabilities			$	—					$	389,417					$	15,086					$	404,503

__________________ 

(1)     Includes $39.6 million of commodity derivative liabilities paid in October 2022.

			Fair value at December 31, 2021
			Level 1						Level 2						Level 3						Total
			(In thousands)
Assets:
Commodity derivative contracts (see Note 7)			$	—					$	55					$	—					$	55
Contingent consideration (see Note 7)			—						44,810						—						44,810
Total assets			$	—					$	44,865					$	—					$	44,865
Liabilities:
Commodity derivative contracts (see Note 7)			$	—					$	204,729					$	—					$	204,729
Total liabilities			$	—					$	204,729					$	—					$	204,729

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

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 https://asc.fasb.org/extlink&oid=126976982&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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration