XML 52 R69.htm IDEA: XBRL DOCUMENT v3.19.3
Fair Value Measurements (Assets and Liabilities Measured on Recurring Basis) (Details) - Fair Value, Recurring [Member] - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] $ 52,887 $ 18,365 $ (16,324)
Provisionally price contracts [2] (103,292) (134,741) (78,833)
Convertible preferred securities [3] 8,404 7,154 7,154
Other assets and liabilities [4] (12,288) 4,833 6,181
Total (54,289) (104,389) (81,822)
Level 1      
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] 34,196 37,229 51,595
Provisionally price contracts [2] (79,757) (76,175) (55,697)
Convertible preferred securities [3] 0 0 0
Other assets and liabilities [4] 5,603 5,186 5,988
Total (39,958) (33,760) 1,886
Level 2      
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] 18,691 (18,864) (67,919)
Provisionally price contracts [2] (23,535) (58,566) (23,136)
Convertible preferred securities [3] 0 0 0
Other assets and liabilities [4] (17,891) (353) 193
Total (22,735) (77,783) (90,862)
Level 3      
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] 0 0 0
Provisionally price contracts [2] 0 0 0
Convertible preferred securities [3] 8,404 7,154 7,154
Other assets and liabilities [4] 0 0 0
Total $ 8,404 $ 7,154 $ 7,154
[1] Includes associated cash posted/received as collateral
[2] Included in "Provisionally priced contracts" are those instruments based only on underlying futures values (Level 1) and delayed price contracts (Level 2)
[3]
Recorded in “Other noncurrent assets” on the Company’s Condensed Consolidated Balance Sheets.
[4]
Included in other assets and liabilities are assets held in rabbi trusts to fund deferred compensation plans, ethanol risk management contracts, and foreign exchange derivative contracts (Level 1), and interest rate derivatives (Level 2).