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Derivative Instruments (Tables) | 9 Months Ended
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Sep. 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:
| September 30, |  | December 31, |  | Forecasted to
| 2019 |  | 2018 |  | Settle Through
Natural Gas Commodity Swaps (Bcf) | 1,502.4 |  |  | 1,484.4 |  |  | 2024
Natural Gas Basis Swaps (Bcf) | 1,240.5 |  |  | 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
| September 30, |  | December 31, |  |  | September 30, |  | December 31,
| 2019 |  | 2018 |  |  | 2019 |  | 2018
Commodity Swaps: |  |  |  |  |  |  |  |
Prepaid Expense | $ | 172,836 |  |  | $ | 28,612 |  |  | Other Accrued Liabilities | $ | 1,389 |  |  | $ | 34,640 |
Other Assets | 254,967 |  |  | 164,310 |  |  | Other Liabilities | 17,440 |  |  | 52,011 |
Total Asset | $ | 427,803 |  |  | $ | 192,922 |  |  | Total Liability | $ | 18,829 |  |  | $ | 86,651 |
Basis Only Swaps: |  |  |  |  |  |  |  |
Prepaid Expense | $ | 25,420 |  |  | $ | 11,628 |  |  | Other Accrued Liabilities | $ | 43,437 |  |  | $ | 27,021 |
Other Assets | 20,925 |  |  | 48,788 |  |  | Other Liabilities | 98,638 |  |  | 40,210 |
Total Asset | $ | 46,345 |  |  | $ | 60,416 |  |  | Total Liability | $ | 142,075 |  |  | $ | 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
| September 30, |  | December 31, |  |  | September 30, |  | December 31,
| 2019 |  | 2018 |  |  | 2019 |  | 2018
Commodity Swaps: |  |  |  |  |  |  |  |
Prepaid Expense | $ | 172,836 |  |  | $ | 28,612 |  |  | Other Accrued Liabilities | $ | 1,389 |  |  | $ | 34,640 |
Other Assets | 254,967 |  |  | 164,310 |  |  | Other Liabilities | 17,440 |  |  | 52,011 |
Total Asset | $ | 427,803 |  |  | $ | 192,922 |  |  | Total Liability | $ | 18,829 |  |  | $ | 86,651 |
Basis Only Swaps: |  |  |  |  |  |  |  |
Prepaid Expense | $ | 25,420 |  |  | $ | 11,628 |  |  | Other Accrued Liabilities | $ | 43,437 |  |  | $ | 27,021 |
Other Assets | 20,925 |  |  | 48,788 |  |  | Other Liabilities | 98,638 |  |  | 40,210 |
Total Asset | $ | 46,345 |  |  | $ | 60,416 |  |  | Total Liability | $ | 142,075 |  |  | $ | 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 Nine Months Ended
| September 30, |  | September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Cash Received (Paid) in Settlement of Commodity Derivative Instruments: |  |  |  |  |  |  |
Natural Gas: |  |  |  |  |  |  |
Commodity Swaps | $ | 61,441 |  |  | $ | 6,916 |  |  | $ | 53,058 |  |  | $ | 23,540 |
Basis Swaps | (4,400 | ) |  | (4,091 | ) |  | (26,727 | ) |  | (21,022 | )
Total Cash Received in Settlement of Commodity Derivative Instruments | 57,041 |  |  | 2,825 |  |  | 26,331 |  |  | 2,518 |
Unrealized Gain (Loss) on Commodity Derivative Instruments: |  |  |  |  |  |  |
Natural Gas: |  |  |  |  |  |  |
Commodity Swaps | 126,617 |  |  | 27,749 |  |  | 302,701 |  |  | 76,999 |
Basis Swaps | 30,255 |  |  | (12,569 | ) |  | (88,914 | ) |  | (765 | )
Total Unrealized Gain on Commodity Derivative Instruments | 156,872 |  |  | 15,180 |  |  | 213,787 |  |  | 76,234 |
Gain (Loss) on Commodity Derivative Instruments: |  |  |  |  |  |  |
Natural Gas: |  |  |  |  |  |  |
Commodity Swaps | 188,058 |  |  | 34,665 |  |  | 355,759 |  |  | 100,539 |
Basis Swaps | 25,855 |  |  | (16,660 | ) |  | (115,641 | ) |  | (21,787 | )
Total Gain on Commodity Derivative Instruments | $ | 213,913 |  |  | $ | 18,005 |  |  | $ | 240,118 |  |  | $ | 78,752 |

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