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Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2019

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 were as follows:

	June 30,			December 31,			Forecasted to
	2019			2018			Settle Through
Natural Gas Commodity Swaps (Bcf)	1,515.8			1,484.4			2024
Natural Gas Basis Swaps (Bcf)	1,166.1			1,056.6			2024

Schedule of Derivative Assets at Fair Value

The gross fair value of CNX's derivative instruments was as follows:

Asset Derivative Instruments									Liability Derivative Instruments
	June 30,				December 31,					June 30,				December 31,
	2019				2018					2019				2018
Commodity Swaps:
Prepaid Expense	$	144,771			$	28,612			Other Accrued Liabilities	$	1,606			$	34,640
Other Assets	176,794				164,310				Other Liabilities	37,603				52,011
Total Asset	$	321,565			$	192,922			Total Liability	$	39,209			$	86,651
Basis Only Swaps:
Prepaid Expense	$	4,934			$	11,628			Other Accrued Liabilities	$	46,250			$	27,021
Other Assets	13,225				48,788				Other Liabilities	97,893				40,210
Total Asset	$	18,159			$	60,416			Total Liability	$	144,143			$	67,231

Schedule of Derivative Liabilities at Fair Value

The gross fair value of CNX's derivative instruments was as follows:

Asset Derivative Instruments									Liability Derivative Instruments
	June 30,				December 31,					June 30,				December 31,
	2019				2018					2019				2018
Commodity Swaps:
Prepaid Expense	$	144,771			$	28,612			Other Accrued Liabilities	$	1,606			$	34,640
Other Assets	176,794				164,310				Other Liabilities	37,603				52,011
Total Asset	$	321,565			$	192,922			Total Liability	$	39,209			$	86,651
Basis Only Swaps:
Prepaid Expense	$	4,934			$	11,628			Other Accrued Liabilities	$	46,250			$	27,021
Other Assets	13,225				48,788				Other Liabilities	97,893				40,210
Total Asset	$	18,159			$	60,416			Total Liability	$	144,143			$	67,231

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								For the Six Months Ended
	June 30,								June 30,
	2019				2018				2019				2018
Cash Received (Paid) in Settlement of Commodity Derivative Instruments:
Natural Gas:
Commodity Swaps	$	18,567			$	17,058			$	(8,383	)		$	16,624
Basis Swaps	(7,895		)		(374		)		(22,327		)		(16,931		)
Total Cash Received (Paid) in Settlement of Commodity Derivative Instruments	10,672				16,684				(30,710		)		(307		)
Unrealized Gain (Loss) on Commodity Derivative Instruments:
Natural Gas:
Commodity Swaps	226,845				46,450				176,084				49,250
Basis Swaps	(15,936		)		(37,474		)		(119,169		)		11,804
Total Unrealized Gain on Commodity Derivative Instruments	210,909				8,976				56,915				61,054
Gain (Loss) on Commodity Derivative Instruments:
Natural Gas:
Commodity Swaps	245,412				63,508				167,701				65,874
Basis Swaps	(23,831		)		(37,848		)		(141,496		)		(5,127		)
Total Gain on Commodity Derivative Instruments	$	221,581			$	25,660			$	26,205			$	60,747

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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.

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
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Tabular disclosure of the notional amounts of outstanding derivative positions.

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