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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables summarize the Company’s assets and liabilities measured at fair value on a recurring basis by the fair value hierarchy (in thousands):

December 31, 2022
Fair Value MeasurementsNettingAssets at Fair Value
Level 1Level 2Level 3
Assets
Commodity derivative contracts$— $4,429 $— $— $4,429 
Total$— $4,429 $— $— $4,429 



December 31, 2021
Fair Value MeasurementsNetting(1)Liabilities at Fair Value
Level 1Level 2Level 3
Liabilities
Commodity derivative contracts$— $200 $— $179 $21 
Total$— $200 $— $179 $21 

(1)Represents the impact of netting assets and liabilities with counterparties where the right of offset exists.