XML 46 R36.htm IDEA: XBRL DOCUMENT
v3.23.2

Commodity Risk Management Activities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Commodity Risk Management Activities |
Schedule of fair value of derivatives | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fair Value of Derivative Assets
​ |  | June 30, |  | December 31,
​ | ​ | 2023 | ​ | 2022
Current |  | ​ |  |  | ​ |
NYMEX Henry Hub swap |  | $ | 1,106,445 | ​ | $ | 1,219,865
Tennessee Z4 basis swap |  | ​ | 179,625 | ​ | ​ | 181,775
​ |  | $ | 1,286,070 | ​ | $ | 1,401,640
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fair Value of Derivative Liabilities
​ |  | June 30, |  | December 31,
​ | ​ | 2023 | ​ | 2022
Current |  | ​ |  |  | ​ |
Tennessee Z4 basis swap |  | $ | — | ​ | $ | (179,550)
​ |  | $ | — | ​ | $ | (179,550)
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Net Fair Value of Derivatives |  | $ | 1,286,070 | ​ | $ | 1,222,090
Schedule of fair value of derivatives rollforward | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended June 30, | ​ | Six months ended June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Fair value of asset (liability), beginning of the period | ​ | $ | 1,927,450 | ​ | $ | — | ​ | $ | 1,222,090 | ​ | $ | (239,824)
Gains (losses) on derivative contracts included in earnings | ​ |  | 628,178 | ​ |  | 776,994 | ​ |  | 1,696,838 | ​ |  | (194,910)
Settlement of commodity derivative contracts | ​ |  | (1,269,558) | ​ |  | 163,559 | ​ |  | (1,632,858) | ​ |  | 1,375,287
Fair value of asset, end of the period | ​ | $ | 1,286,070 | ​ | $ | 940,553 | ​ | $ | 1,286,070 | ​ | $ | 940,553

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financial instrument classified as a derivative asset (liability) after deduction of derivative liability (asset) using recurring unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration