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Commodity Price Risk Management (Tables)
 3 Months Ended
Mar. 31, 2015
Commodity Price Risk Management [Abstract]  
Commodity derivative contracts
Energy One's commodity derivative contracts as of March 31, 2015 are summarized below:
        
      
Quantity
    
Settlement Period
Counterparty
Basis
 
(Bbls/day)
 
Strike Price
 
        
Crude Oil Put
       
02/01/15 - 04/30/15
 Wells Fargo
 WTI
  
500
 
Put:
 
$
46.00
 
            
Crude Oil Costless Collar
           
05/01/15 - 12/31/15
 Wells Fargo
 WTI
  
500
 
Put:
 
$
45.00
 
       
Call:
 
$
58.79
 
Fair value of derivatives recorded in applicable consolidated balance sheet, by category
The following table details the fair value of the Company's derivative instruments, including the gross amounts and adjustments made to net the derivative instruments for the presentation in the consolidated balance sheet (in thousands):
        
    
As of March 31, 2015
 
    
(In thousands)
 
Underlying Commodity
Location on Balance Sheet
 
Gross amounts of recognized assets and liabilities
  
Gross amounts offset in the condensed consolidated balance sheet
  
Net amounts of assets and liabilities presented in the condensed consolidated balance sheet
 
        
Crude oil derivative contract
Current assets
 
$
287
  
$
(287
)
 
$
--
 
Crude oil derivative contract
Current liabilities
 
$
350
  
$
(287
)
 
$
63
 
Schedule of unrealized and realized derivative gain and loss
The following table summarizes the unrealized and realized gains and losses presented in the accompanying statements of operations:
     
  
(In thousands)
 
  
Three months ended March 31,
 
  
2015
  
2014
 
Realized derivative (loss)
 
$
(114
)
 
$
(158
)
Unrealized derivative (loss)
 
$
(63
)
 
$
(173
)
Total realized and unrealized derivative (loss)
 
$
(177
)
 
$
(331
)