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Fair Value Disclosures (Tables) | 3 Months Ended
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Mar. 31, 2017
Fair Value Disclosures [Abstract] |
Schedule Of Assets And Liabilities Fair Value | The company’s assets and liabilities by level are as follows (in thousands): ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Fair Value Measurements at March 31, 2017
﻿ | Quoted Prices in Active Markets for Identical Assets |  | Significant Other Observable Inputs |  | Reclassification for Balance Sheet |  |  |
﻿ | (Level 1) |  | (Level 2) |  | Presentation |  | Total
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿Assets: |  |  |  |  |  |  |  |  |  |  |
﻿Cash and cash equivalents | $ | 256,468 |  | $ | - |  | $ | - |  | $ | 256,468
﻿Restricted cash |  | 38,974 |  |  | - |  |  | - |  |  | 38,974
﻿Margin deposits |  | 28,878 |  |  | - |  |  | (28,878) |  |  | -
﻿Inventories carried at market |  | - |  |  | 196,925 |  |  | - |  |  | 196,925
﻿Unrealized gains on derivatives |  | 10,823 |  |  | 9,417 |  |  | 13,678 |  |  | 33,918
﻿Other assets |  | 115 |  |  | 1 |  |  | - |  |  | 116
﻿Total assets measured at fair value | $ | 335,258 |  | $ | 206,343 |  | $ | (15,200) |  | $ | 526,401
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿Liabilities: |  |  |  |  |  |  |  |  |  |  |
﻿Accounts payable (1) | $ | - |  | $ | 25,291 |  | $ | - |  | $ | 25,291
﻿Unrealized losses on derivatives |  | 15,200 |  |  | 7,131 |  |  | (15,200) |  |  | 7,131
﻿Other |  | - |  |  | 59 |  |  | - |  |  | 59
﻿Total liabilities measured at fair value | $ | 15,200 |  | $ | 32,481 |  | $ | (15,200) |  | $ | 32,481
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Fair Value Measurements at December 31, 2016
﻿ | Quoted Prices in Active Markets for Identical Assets |  | Significant Other Observable Inputs |  | Reclassification for Balance Sheet |  |  |
﻿ | (Level 1) |  | (Level 2) |  | Presentation |  | Total
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿Assets: |  |  |  |  |  |  |  |  |  |  |
﻿Cash and cash equivalents | $ | 304,211 |  | $ | - |  | $ | - |  | $ | 304,211
﻿Restricted cash |  | 51,979 |  |  | - |  |  | - |  |  | 51,979
﻿Margin deposits |  | 50,601 |  |  | - |  |  | (50,601) |  |  | -
﻿Inventories carried at market (2) |  | - |  |  | 154,022 |  |  | - |  |  | 154,022
﻿Unrealized gains on derivatives |  | 8,272 |  |  | 14,818 |  |  | 24,146 |  |  | 47,236
﻿Other assets |  | 116 |  |  | - |  |  | - |  |  | 116
﻿Total assets measured at fair value | $ | 415,179 |  | $ | 168,840 |  | $ | (26,455) |  | $ | 557,564
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿Liabilities: |  |  |  |  |  |  |  |  |  |  |
﻿Accounts payable (1) | $ | - |  | $ | 35,288 |  | $ | - |  | $ | 35,288
﻿Unrealized losses on derivatives |  | 26,455 |  |  | 8,916 |  |  | (26,455) |  |  | 8,916
﻿Other liabilities |  | - |  |  | 81 |  |  | - |  |  | 81
﻿Total liabilities measured at fair value | $ | 26,455 |  | $ | 44,285 |  | $ | (26,455) |  | $ | 44,285
﻿
| (1) |  | Accounts payable is generally stated at historical amounts with the exception of $25.3 million and $35.3 million at March 31, 2017 and December 31, 2016, respectively, related to certain delivered inventory for which the payable fluctuates based on changes in commodity prices. These payables are hybrid financial instruments for which the company has elected the fair value option.
| (2) |  | Inventories carried at market have been revised from previously reported results to include $77.0 million of inventories held under a fair value hedging relationship. There was no impact to the financial statements resulting from this revision.

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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