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Investment in Laramie Energy (Tables)
 9 Months Ended
Sep. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
The change in our equity investment in Laramie Energy is as follows (in thousands):
 
Nine Months Ended September 30, 2016
Beginning balance
$
76,203

Equity losses from Laramie
(19,455
)
Accretion of basis difference
4,296

Investments
55,000

Ending balance
$
116,044
Equity Method Investees Financial Information
Summarized financial information for Laramie Energy is as follows (in thousands):
 
September 30, 2016
 
December 31, 2015
Current assets
$
9,302

 
$
8,511

Non-current assets
651,868

 
514,206

Current liabilities
39,097

 
18,158

Non-current liabilities
179,899

 
98,624

 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Natural gas and oil revenues
$
31,091

 
$
11,464

 
$
68,513

 
$
32,687

Loss from operations
(4,929
)
 
(6,201
)
 
(28,282
)
 
(21,487
)
Net income (loss)
5,056

 
(4,717
)
 
(41,183
)
 
(20,126
)