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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents, for each applicable level within the fair value hierarchy, the Company’s net derivative assets and liabilities, including both current and noncurrent portions, measured at fair value on a recurring basis.
March 31, 2025
Level 1Level 2Level 3Fair Value
(in thousands)
Assets   
Fixed price swaps$$4,916$$4,916
Basis swaps
Liabilities
Fixed price swaps(58,927)(58,927)
Basis swaps(2,560)(2,560)
Total$$(56,571)$$(56,571)
December 31, 2024
Level 1Level 2Level 3Fair Value
(in thousands)
Assets   
Fixed price swaps$$4,012$$4,012
Basis swaps
Liabilities
Fixed price swaps(13,685)(13,685)
Basis swaps(13,263)(13,263)
Total$$(22,938)$$(22,938)