Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.8.0.1
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables summarize the valuation of those assets and (liabilities) as of the dates presented:
 
 
September 30, 2017
 
 
Fair Value
 
Fair Value Measurement Classification
Description
 
Measurement
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 

 
 

 
 

 
 

Commodity derivative assets – current
 
$
6,140

 
$

 
$
6,140

 
$

Commodity derivative assets – noncurrent
 
2,520

 

 
2,520

 

Liabilities:
 
 

 
 

 
 

 
 

Commodity derivative liabilities – current
 
$
(13,634
)
 
$

 
$
(13,634
)
 
$

Commodity derivative liabilities – noncurrent
 
(4,923
)
 

 
(4,923
)
 



 
 
December 31, 2016
 
 
Fair Value
 
Fair Value Measurement Classification
Description
 
Measurement
 
Level 1
 
Level 2
 
Level 3
Liabilities:
 
 

 
 

 
 

 
 

Commodity derivative liabilities – current
 
$
(12,932
)
 
$

 
$
(12,932
)
 
$

Commodity derivative liabilities – noncurrent
 
(14,437
)
 

 
(14,437
)