Annual report pursuant to Section 13 and 15(d)

Derivative Financial Instruments (Tables)

v3.6.0.2
Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Estimated Fair Value of Derivative Contracts

The following balance sheet line items included amounts related to the estimated fair value of our open commodity derivative contracts as reported in the following table (in thousands):

 

December 31,

 

 

2016

 

 

2015

 

Prepaid and other assets - current

$

 

 

$

7,672

 

 

Changes in Fair Value and Settlements of Commodity Derivative Contracts

Changes in the fair value and settlements of our commodity derivative contracts were as follows (in thousands):

 

Year Ended December 31,

 

 

2016

 

 

2015

 

 

2014

 

Derivative (gain) loss

$

2,926

 

 

$

(14,375

)

 

$

(3,965

)

 

Cash Receipts (Payments) on Derivative Settlements Included Within Net Cash Provided By Operating Activities

Cash receipts (payments), net, on commodity derivative contract settlements are included within Net cash provided by operating activities on the Consolidated Statements of Cash Flows and were as follows (in thousands):

 

Year Ended December 31,

 

 

2016

 

 

2015

 

 

2014

 

Cash receipts (payments) on derivative settlements, net

$

4,746

 

 

$

6,703

 

 

$

(5,318

)