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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Summary of Fair Value Hierarchy for Financial Assets
The fair value hierarchy for our financial assets and liabilities accounted for at fair value on a recurring basis at September 30, 2017 and December 31, 2016 was as follows (in thousands):

 
 
As of September 30, 2017
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
 
OTC commodity swaps
 
$

 
$
88

 
$

 
$
88

     Total assets
 

 
88

 

 
88

Liabilities
 
 
 
 
 
 
 


OTC commodity swaps
 

 

 

 

Net assets
 
$

 
$
88

 
$

 
$
88

 
 
As of December 31, 2016
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
 
OTC commodity swaps
 
$

 
$
9

 
$

 
$
9

     Total assets
 

 
9

 

 
9

Liabilities
 
 
 
 
 
 
 
 
OTC commodity swaps
 

 
(82
)
 

 
(82
)
Net liabilities
 
$

 
$
(73
)
 
$

 
$
(73
)