XML 75 R49.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Derivative Instruments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Notional Amounts of Outstanding Derivative Positions | The total notional amounts of CNX's derivative instruments were as follows:
| December 31, |  | Forecasted to
| 2021 |  | 2020 |  | Settle Through
Natural Gas Commodity Swaps (Bcf) | 1,686.1 |  |  | 1,256.9 |  |  | 2027
Natural Gas Basis Swaps (Bcf) | 1,233.3 |  |  | 1,294.1 |  |  | 2027
Interest Rate Swaps | $ | 410,000 |  |  | $ | 569,972 |  |  | 2024
Schedule of Derivative Liabilities at Fair Value | The gross fair value of CNX's derivative instruments was as follows:
| December 31,
| 2021 |  | 2020
Current Assets: |  |  |
Commodity Derivative Instruments: |  |  |
Commodity Swaps | $ | 92 |  |  | $ | 53,668 |
Basis Only Swaps | 94,682 |  |  | 30,848 |
Interest Rate Swaps | 228 |  |  | 141 |
Total Current Assets | $ | 95,002 |  |  | $ | 84,657 |
Other Non-Current Assets: |  |  |
Commodity Derivative Instruments: |  |  |
Commodity Swaps | $ | 12,419 |  |  | $ | 134,661 |
Basis Only Swaps | 119,077 |  |  | 52,903 |
Interest Rate Swaps | 498 |  |  | 673 |
Total Other Non-Current Assets | $ | 131,994 |  |  | $ | 188,237 |
Current Liabilities: |  |  |
Commodity Derivative Instruments: |  |  |
Commodity Swaps | $ | 505,460 |  |  | $ | 23,506 |
Basis Only Swaps | 13,206 |  |  | 14,491 |
Interest Rate Swaps | 2,932 |  |  | 4,332 |
Total Current Liabilities | $ | 521,598 |  |  | $ | 42,329 |
Non-Current Liabilities: |  |  |
Commodity Derivative Instruments: |  |  |
Commodity Swaps | $ | 642,442 |  |  | $ | 59,388 |
Basis Only Swaps | 41,332 |  |  | 57,150 |
Interest Rate Swaps | 3,580 |  |  | 10,752 |
Total Non-Current Liabilities | $ | 687,354 |  |  | $ | 127,290 |
Schedule of Derivative Assets at Fair Value | The gross fair value of CNX's derivative instruments was as follows:
| December 31,
| 2021 |  | 2020
Current Assets: |  |  |
Commodity Derivative Instruments: |  |  |
Commodity Swaps | $ | 92 |  |  | $ | 53,668 |
Basis Only Swaps | 94,682 |  |  | 30,848 |
Interest Rate Swaps | 228 |  |  | 141 |
Total Current Assets | $ | 95,002 |  |  | $ | 84,657 |
Other Non-Current Assets: |  |  |
Commodity Derivative Instruments: |  |  |
Commodity Swaps | $ | 12,419 |  |  | $ | 134,661 |
Basis Only Swaps | 119,077 |  |  | 52,903 |
Interest Rate Swaps | 498 |  |  | 673 |
Total Other Non-Current Assets | $ | 131,994 |  |  | $ | 188,237 |
Current Liabilities: |  |  |
Commodity Derivative Instruments: |  |  |
Commodity Swaps | $ | 505,460 |  |  | $ | 23,506 |
Basis Only Swaps | 13,206 |  |  | 14,491 |
Interest Rate Swaps | 2,932 |  |  | 4,332 |
Total Current Liabilities | $ | 521,598 |  |  | $ | 42,329 |
Non-Current Liabilities: |  |  |
Commodity Derivative Instruments: |  |  |
Commodity Swaps | $ | 642,442 |  |  | $ | 59,388 |
Basis Only Swaps | 41,332 |  |  | 57,150 |
Interest Rate Swaps | 3,580 |  |  | 10,752 |
Total Non-Current Liabilities | $ | 687,354 |  |  | $ | 127,290 |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The effect of commodity derivative instruments on the Company's Consolidated Statements of Income was as follows:
| For the Years Ended December 31,
| 2021 |  | 2020 |  | 2019
Cash (Paid) Received in Settlement of Commodity Derivative Instruments: |  |  |  |  |
Natural Gas: |  |  |  |  |
Commodity Swaps | $ | (596,619) |  |  | $ | 390,547 |  |  | $ | 82,899 |
Basis Swaps | 57,603 |  |  | 70,670 |  |  | (13,119) |
Total Cash (Paid) Received in Settlement of Commodity Derivative Instruments | (539,016) |  |  | 461,217 |  |  | 69,780 |
Unrealized (Loss) Gain on Commodity Derivative Instruments: |  |  |  |  |
Natural Gas: |  |  |  |  |
Commodity Swaps | (1,240,827) |  |  | (407,308) |  |  | 406,472 |
Basis Swaps | 147,110 |  |  | 119,073 |  |  | (100,147) |
Total Unrealized (Loss) Gain on Commodity Derivative Instruments | (1,093,717) |  |  | (288,235) |  |  | 306,325 |
(Loss) Gain on Commodity Derivative Instruments: |  |  |  |  |
Natural Gas: |  |  |  |  |
Commodity Swaps | (1,837,446) |  |  | (16,761) |  |  | 489,371 |
Basis Swaps | 204,713 |  |  | 189,743 |  |  | (113,266) |
Total (Loss) Gain on Commodity Derivative Instruments | $ | (1,632,733) |  |  | $ | 172,982 |  |  | $ | 376,105 |
The effect of interest rate swaps on Interest Expense in the Company's Consolidated Statements of Income was as follows:
| For the Years Ended December 31,
| 2021 |  | 2020 |  | 2019
Cash (Paid) Received in Settlement of Interest Rate Swaps | $ | (5,574) |  |  | $ | (3,141) |  |  | $ | 223 |
Unrealized Gain (Loss) on Interest Rate Swaps | 8,485 |  |  | (13,051) |  |  | (1,219) |
Gain (Loss) on Interest Rate Swaps | $ | 2,911 |  |  | $ | (16,192) |  |  | $ | (996) |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative assets at fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDerivativeAssetsAtFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative liabilities at fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDerivativeLiabilitiesAtFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959 + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration