Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.20.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2020
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:
  As of June 30, 2020
  Fair Value Fair Value Measurement Classification
Description Measurement Level 1 Level 2 Level 3
Assets:        
Interest rate swap assets – current $ —    $ —    $ —    $ —   
Interest rate swap assets – noncurrent $ —    $ —    $ —    $ —   
Commodity derivative assets – current $ 117,369    $ —    $ 117,369    $ —   
Commodity derivative assets – noncurrent $ 4,053    $ —    $ 4,053    $ —   
Liabilities:        
Interest rate swap liabilities – current $ (2,949)   $ —    $ (2,949)   $ —   
Interest rate swap liabilities – noncurrent $ (4,242)   $ —    $ (4,242)   $ —   
Commodity derivative liabilities – current $ (71,634)   $ —    $ (71,634)   $ —   
Commodity derivative liabilities – noncurrent $ (4,658)   $ —    $ (4,658)   $ —   
  As of December 31, 2019
  Fair Value Fair Value Measurement Classification
Description Measurement Level 1 Level 2 Level 3
Assets:        
Commodity derivative assets – current $ 4,131    $ —    $ 4,131    $ —   
Commodity derivative assets – noncurrent $ 2,750    $ —    $ 2,750    $ —   
Liabilities:        
Commodity derivative liabilities – current $ (23,450)   $ —    $ (23,450)   $ —   
Commodity derivative liabilities – noncurrent $ (3,385)   $ —    $ (3,385)   $ —