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Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Derivative Instruments

The total notional amounts of production of CNX's derivative instruments at March 31, 2018 and December 31, 2017 were as follows:

	March 31,			December 31,			Forecasted to
	2018			2017			Settle Through
Natural Gas Commodity Swaps (Bcf)	1,143.5			1,067.2			2022
Natural Gas Basis Swaps (Bcf)	766.9			688.1			2022

Schedule of Derivative Assets at Fair Value

The gross fair value of CNX's derivative instruments at March 31, 2018 and December 31, 2017 was as follows:

Asset Derivative Instruments									Liability Derivative Instruments
	March 31,				December 31,					March 31,				December 31,
	2018				2017					2018				2017
Commodity Swaps:
Prepaid Expense	$	46,668			$	62,369			Other Accrued Liabilities	$	20,908			$	5,985
Other Assets	80,655				59,281				Other Liabilities	30,369				42,419
Total Asset	$	127,323			$	121,650			Total Liability	$	51,277			$	48,404
Basis Only Swaps:
Prepaid Expense	$	25,922			$	14,965			Other Accrued Liabilities	$	17,864			$	35,306
Other Assets	43,481				24,223				Other Liabilities	15,557				17,179
Total Asset	$	69,403			$	39,188			Total Liability	$	33,421			$	52,485

Schedule of Derivative Liabilities at Fair Value

The gross fair value of CNX's derivative instruments at March 31, 2018 and December 31, 2017 was as follows:

Asset Derivative Instruments									Liability Derivative Instruments
	March 31,				December 31,					March 31,				December 31,
	2018				2017					2018				2017
Commodity Swaps:
Prepaid Expense	$	46,668			$	62,369			Other Accrued Liabilities	$	20,908			$	5,985
Other Assets	80,655				59,281				Other Liabilities	30,369				42,419
Total Asset	$	127,323			$	121,650			Total Liability	$	51,277			$	48,404
Basis Only Swaps:
Prepaid Expense	$	25,922			$	14,965			Other Accrued Liabilities	$	17,864			$	35,306
Other Assets	43,481				24,223				Other Liabilities	15,557				17,179
Total Asset	$	69,403			$	39,188			Total Liability	$	33,421			$	52,485

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The effect of derivative instruments on the Company's Consolidated Statements of Income was as follows:

	For the Three Months Ended
	March 31,
	2018				2017
Cash Paid in Settlement of Commodity Derivative Instruments:
Commodity Swaps:
Natural Gas	$	(434	)		$	(24,607	)
Propane	—				(1,216		)
Natural Gas Basis Swaps	(16,557		)		(21,280		)
Total Cash Paid in Settlement of Commodity Derivative Instruments	(16,991		)		(47,103		)
Unrealized Gain (Loss) on Commodity Derivative Instruments:
Commodity Swaps:
Natural Gas	2,800				162,604
Propane	—				1,147
Natural Gas Basis Swaps	49,278				(139,111		)
Total Unrealized Gain on Commodity Derivative Instruments	52,078				24,640
Gain (Loss) on Commodity Derivative Instruments:
Commodity Swaps:
Natural Gas	2,366				137,997
Propane	—				(69		)
Natural Gas Basis Swaps	32,721				(160,391		)
Total Gain (Loss) on Commodity Derivative Instruments	$	35,087			$	(22,463	)

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Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959

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Tabular disclosure of the notional amounts of outstanding derivative positions.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579245-113959

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