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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Industry segment results for the year ended December 31, 2020 are:
|  | Shale |  | Coalbed Methane |  | Other |  |  |  |  |  |  |  |  |  | Consolidated |
Natural Gas, NGLs and Oil Revenue |  | $ | 781,038 |  |  | $ | 114,366 |  |  | $ | 1,341 |  |  |  |  |  |  |  |  |  |  | $ | 896,745 |  | (A)
Purchased Gas Revenue |  | — |  |  | — |  |  | 105,792 |  |  |  |  |  |  |  |  |  |  | 105,792 |  |
Gain (Loss) on Commodity Derivative Instruments |  | 337,269 |  |  | 39,884 |  |  | (204,171) |  |  |  |  |  |  |  |  |  |  | 172,982 |  | (B)
Other Operating Income |  | 64,710 |  |  | — |  |  | 17,749 |  |  |  |  |  |  |  |  |  |  | 82,459 |  | (C)
Total Revenue and Other Operating Income |  | $ | 1,183,017 |  |  | $ | 154,250 |  |  | $ | (79,289) |  |  |  |  |  |  |  |  |  |  | $ | 1,257,978 |  |
Total Operating Expense |  | $ | 709,036 |  |  | $ | 127,845 |  |  | $ | 860,863 |  |  |  |  |  |  |  |  |  |  | $ | 1,697,744 |  |
Earnings (Loss) Before Income Tax |  | $ | 473,981 |  |  | $ | 26,405 |  |  | $ | (1,103,217) |  |  |  |  |  |  |  |  |  |  | $ | (602,831) |  |
Segment Assets |  | $ | 6,068,933 |  |  | $ | 1,095,816 |  |  | $ | 877,015 |  |  |  |  |  |  |  |  |  |  | $ | 8,041,764 |  | (D)
Depreciation, Depletion and Amortization |  | $ | 416,441 |  |  | $ | 69,745 |  |  | $ | 15,635 |  |  |  |  |  |  |  |  |  |  | $ | 501,821 |  |
Capital Expenditures |  | $ | 474,545 |  |  | $ | 9,789 |  |  | $ | 2,957 |  |  |  |  |  |  |  |  |  |  | $ | 487,291 |  |
(A) Included in Total Natural Gas, NGLs and Oil Revenue are sales of $167,390 to Direct Energy Business Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period. (B) Included in Other is a realized gain on commodity derivative instruments of $83,997 related to the monetization of hedges (see Note 19 - Derivative Instruments for more information). (C) Includes midstream revenue of $64,710 and equity in loss of unconsolidated affiliates of $688 for Shale and Other, respectively. (D) Includes investments in unconsolidated equity affiliates of $16,022 . Industry segment results for the year ended December 31, 2019 are:
|  |  | Shale |  | Coalbed Methane |  | Other |  |  |  |  |  |  |  |  |  | Consolidated |
Natural Gas, NGLs and Oil Revenue |  |  | $ | 1,199,276 |  |  | $ | 163,893 |  |  | $ | 1,156 |  |  |  |  |  |  |  |  |  |  | $ | 1,364,325 |  | (E)
Purchased Gas Revenue |  |  | — |  |  | — |  |  | 94,027 |  |  |  |  |  |  |  |  |  |  | 94,027 |  |
Gain on Commodity Derivative Instruments |  |  | 62,418 |  |  | 7,335 |  |  | 306,352 |  |  |  |  |  |  |  |  |  |  | 376,105 |  |
Other Revenue and Operating Income |  |  | 74,314 |  |  | — |  |  | 13,678 |  |  |  |  |  |  |  |  |  |  | 87,992 |  | (F)
Total Revenue and Other Operating Income |  |  | $ | 1,336,008 |  |  | $ | 171,228 |  |  | $ | 415,213 |  |  |  |  |  |  |  |  |  |  | $ | 1,922,449 |  |
Total Operating Expense |  |  | $ | 787,488 |  |  | $ | 135,778 |  |  | $ | 813,207 |  |  |  |  |  |  |  |  |  |  | $ | 1,736,473 |  |
Earnings (Loss) Before Income Tax |  |  | $ | 548,520 |  |  | $ | 35,450 |  |  | $ | (524,286) |  |  |  |  |  |  |  |  |  |  | $ | 59,684 |  |
Segment Assets |  |  | $ | 6,527,245 |  |  | $ | 1,222,005 |  |  | $ | 1,311,556 |  |  |  |  |  |  |  |  |  |  | $ | 9,060,806 |  | (G)
Depreciation, Depletion and Amortization |  |  | $ | 427,219 |  |  | $ | 73,189 |  |  | $ | 8,055 |  |  |  |  |  |  |  |  |  |  | $ | 508,463 |  |
Capital Expenditures |  |  | $ | 1,175,091 |  |  | $ | 11,333 |  |  | $ | 6,175 |  |  |  |  |  |  |  |  |  |  | $ | 1,192,599 |  |
(E) Included in Total Natural Gas, NGLs and Oil Revenue are sales of $214,980 to Direct Energy Business Marketing LLC and $147,540 to NJR Energy Services Company, each of which comprises over 10% of revenue from contracts with external customers for the period. (F) Includes midstream revenue of $74,314 and equity in earnings of unconsolidated affiliates of $2,103 for Shale and Other, respectively. (G) Includes investments in unconsolidated equity affiliates of $16,710. Industry segment results for the year ended December 31, 2018 are:
|  |  | Shale |  | Coalbed Methane |  | Other |  |  |  |  |  | Consolidated |
Natural Gas, NGLs and Oil Revenue |  |  | $ | 1,349,196 |  |  | $ | 212,884 |  |  | $ | 15,857 |  |  |  |  |  |  | $ | 1,577,937 |  | (H)
Purchased Gas Revenue |  |  | — |  |  | — |  |  | 65,986 |  |  |  |  |  |  | 65,986 |  |
(Loss) Gain on Commodity Derivative Instruments |  |  | (60,326) |  |  | (8,768) |  |  | 38,882 |  |  |  |  |  |  | (30,212) |  |
Other Revenue and Operating Income |  |  | 89,781 |  |  | — |  |  | 26,942 |  |  |  |  |  |  | 116,723 |  | (I)
Total Revenue and Other Operating Income |  |  | $ | 1,378,651 |  |  | $ | 204,116 |  |  | $ | 147,667 |  |  |  |  |  |  | $ | 1,730,434 |  |
Total Operating Expense |  |  | $ | 751,673 |  |  | $ | 154,121 |  |  | $ | 321,169 |  |  |  |  |  |  | $ | 1,226,963 |  |
Earnings Before Income Tax |  |  | $ | 626,978 |  |  | $ | 49,995 |  |  | $ | 421,695 |  |  |  |  |  |  | $ | 1,098,668 |  |
Segment Assets |  |  | $ | 6,268,113 |  |  | $ | 1,272,457 |  |  | $ | 1,051,600 |  |  |  |  |  |  | $ | 8,592,170 |  | (J)
Depreciation, Depletion and Amortization |  |  | $ | 404,503 |  |  | $ | 77,004 |  |  | $ | 11,916 |  |  |  |  |  |  | $ | 493,423 |  |
Capital Expenditures |  |  | $ | 1,094,471 |  |  | $ | 17,083 |  |  | $ | 4,843 |  |  |  |  |  |  | $ | 1,116,397 |  |
(H) Included in Total Natural Gas, NGLs and Oil Revenue are sales of $219,472 to NJR Energy Services Company and $184,668 to Direct Energy Business Marketing LLC, each of which comprises over 10% of revenue from contracts with external customers for the period. (I) Includes midstream revenue of $89,781 and equity in earnings of unconsolidated affiliates of $5,363 for Shale and Other, respectively. (J) Includes investments in unconsolidated equity affiliates of $18,663.
Reconciliation of Revenue from Segments to Consolidated | Revenue and Other Operating Income:
|  | For the Years Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Total Segment Revenue from Contracts with External Customers |  | $ | 1,067,247 |  |  | $ | 1,532,666 |  |  | $ | 1,733,704 |
Gain (Loss) on Commodity Derivative Instruments |  | 172,982 |  |  | 376,105 |  |  | (30,212) |
Other Operating Income |  | 17,749 |  |  | 13,678 |  |  | 26,942 |
Total Consolidated Revenue and Other Operating Income |  | $ | 1,257,978 |  |  | $ | 1,922,449 |  |  | $ | 1,730,434 |

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