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Derivatives And Risk Management (Tables)
 12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedges, Assets [Abstract]  
Energy Commodity Derivatives
 
Purchases
 
Sales
 
Electric Derivatives
 
Gas Derivatives
 
Electric Derivatives
 
Gas Derivatives
Year
Physical (1)
MWH
 
Financial (1)
MWH
 
Physical (1)
mmBTUs
 
Financial (1)
mmBTUs
 
Physical (1)
MWH
 
Financial (1)
MWH
 
Physical (1)
mmBTUs
 
Financial (1)
mmBTUs
2014
769

 
2,156

 
29,642

 
145,719

 
509

 
3,116

 
3,504

 
105,433

2015
397

 
1,043

 
4,973

 
73,580

 
222

 
2,542

 
—

 
46,840

2016
397

 
—

 
2,505

 
46,150

 
287

 
1,634

 
—

 
21,320

2017
397

 
—

 
675

 
—

 
286

 
—

 
—

 
—

2018
397

 
—

 
—

 
—

 
286

 
—

 
—

 
—

Thereafter
235

 
—

 
—

 
—

 
158

 
—

 
—

 
—

 
(1)
Physical transactions represent commodity transactions where Avista Utilities will take delivery of either electricity or natural gas and financial transactions represent derivative instruments with no physical delivery, such as futures, swaps or options.
Foreign Currency Exchange Contracts
 
2013
 
2012
Number of contracts
23

 
20

Notional amount (in United States dollars)
$
8,631

 
$
12,621

Notional amount (in Canadian dollars)
9,191

 
12,502
Interest Rate Swap Agreements
The following table summarizes the interest rate swaps that the Company has entered into as of December 31 (dollars in thousands):
Balance Sheet Date
 
Number of Contracts
 
Notional Amount
 
Mandatory Cash Settlement Date
December 31, 2013
 
2
 
$
50,000

 
2014
 
 
2
 
45,000

 
2015
 
 
2
 
40,000

 
2016
 
 
1
 
15,000

 
2017
 
 
4
 
95,000

 
2018
December 31, 2012
 
2
 
85,000

 
2013
 
 
2
 
50,000

 
2014
 
 
1
 
25,000

 
2015
Derivative Instruments Summary
The following table presents the fair values and locations of derivative instruments recorded on the Consolidated Balance Sheet as of December 31, 2013 (in thousands):
 
 
 
 
Fair Value
Derivative
 
Balance Sheet Location
 
Gross
Asset
 
Gross
Liability
 
Collateral
Netting
 
Net Asset
(Liability)
in Balance
Sheet
 
Gross Assets Not Offset
 
Gross Liabilities Not Offset
 
Net Asset (Liability)
Foreign currency contracts
 
Other current assets
 
$
7

 
$
(6
)
 
$
—

 
$
1

 
$
—

 
$
—

 
$
1

Interest rate contracts
 
Other current assets
 
13,968

 
—

 
—

 
13,968

 
—

 
—

 
13,968

Interest rate contracts
 
Other property and investments - net
 
19,575

 
—

 
—

 
19,575

 
—

 
—

 
19,575

Commodity contracts (1)
 
Current utility energy commodity derivative assets
 
7,416

 
(4,394
)
 
—

 
3,022

 
—

 
—

 
3,022

Commodity contracts (1)
 
Non-current utility energy commodity derivative assets
 
7,610

 
(6,756
)
 
—

 
854

 
—

 
—

 
854

Commodity contracts (1)
 
Current utility energy commodity derivative liabilities
 
23,455

 
(37,306
)
 
2,976

 
(10,875
)
 
—

 
—

 
(10,875
)
Commodity contracts (1)
 
Other non-current liabilities and deferred credits
 
17,101

 
(41,213
)
 
5,756

 
(18,356
)
 
—

 
—

 
(18,356
)
Total derivative instruments recorded on the balance sheet
 
$
89,132

 
$
(89,675
)
 
$
8,732

 
$
8,189

 
$
—

 
$
—

 
$
8,189






The following table presents the fair values and locations of derivative instruments recorded on the Consolidated Balance Sheet as of December 31, 2012 (in thousands):
 
 
 
 
Fair Value
Derivative
 
Balance Sheet Location
 
Gross
Asset
 
Gross
Liability
 
Collateral
Netting
 
Net Asset
(Liability)
in Balance
Sheet
 
Gross Assets Not Offset
 
Gross Liabilities Not Offset
 
Net Asset (Liability)
Foreign currency contracts
 
Other current liabilities
 
$
7

 
$
(34
)
 
$
—

 
$
(27
)
 
$
—

 
$
—

 
$
(27
)
Interest rate contracts
 
Other current liabilities
 
—

 
(1,406
)
 
—

 
(1,406
)
 
—

 
—

 
(1,406
)
Interest rate contracts
 
Other property and investments - net
 
7,265

 
—

 
—

 
7,265

 
—

 
—

 
7,265

Commodity contracts (1)
 
Current utility energy commodity derivative assets
 
10,772

 
(6,633
)
 
—

 
4,139

 
(9,678
)
 
6,572

 
1,033

Commodity contracts (1)
 
Non-current utility energy commodity derivative assets
 
18,779

 
(17,686
)
 
—

 
1,093

 
—

 
—

 
1,093

Commodity contracts (1)
 
Current utility energy commodity derivative liabilities
 
50,227

 
(89,449
)
 
9,707

 
(29,515
)
 
9,678

 
(6,572
)
 
(26,409
)
Commodity contracts (1)
 
Other non-current liabilities and deferred credits
 
2,247

 
(28,558
)
 
—

 
(26,311
)
 
—

 
—

 
(26,311
)
Total derivative instruments recorded on the balance sheet
 
$
89,297

 
$
(143,766
)
 
$
9,707

 
$
(44,762
)
 
$
—

 
$
—

 
$
(44,762
)