Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense (benefit) provided on earnings from continuing operations consisted of:



	For the Years Ended December 31,
	2019			2018			2017
Current:
U.S. Federal	$	(51,243	)	$	(130,003	)	$	(31,791	)
U.S. State	(113		)	—			(1,838		)
	(51,356		)	(130,003		)	(33,629		)
Deferred:
U.S. Federal	47,717			319,813			(166,112		)
U.S. State	31,375			25,747			23,283
	79,092			345,560			(142,829		)

Total Income Tax Expense (Benefit)	$	27,736		$	215,557		$	(176,458	)

Schedule of Deferred Tax Assets and Liabilities

The components of the net deferred taxes are as follows:



	December 31,
	2019			2018
Deferred Tax Assets:
Net Operating Loss- Federal	$	202,913		$	124,341
Net Operating Loss - State	130,430			110,339
Alternative Minimum Tax	51,241			102,482
Foreign Tax Credit	43,194			43,194
Interest Limitation	25,734			32,147
Gas Well Closing	17,888			10,140
Equity Compensation	9,308			13,096
Salary Retirement	9,236			9,434
Finance Lease	1,209			1,624
Other	10,030			13,714
Total Deferred Tax Assets	501,183			460,511
Valuation Allowance	(125,054		)	(94,455		)
Net Deferred Tax Assets	376,129			366,056

Deferred Tax Liabilities:
Property, Plant and Equipment	(593,401		)	(606,342		)
Investment in Partnership	(145,424		)	(125,253		)
Gas Derivatives	(105,721		)	(26,160		)
Advance Gas Royalties	(3,337		)	(3,384		)
Other	(4,354		)	(3,599		)
Total Deferred Tax Liabilities	(852,237		)	(764,738		)

Net Deferred Tax Liability	$	(476,108	)	$	(398,682	)

Schedule of Effective Income Tax Rate Reconciliation

The following is a reconciliation, stated as a percentage of pretax income, of the United States statutory federal income tax rate to CNX's effective tax rate:



	For the Years Ended December 31,
	2019					2018					2017
	Amount			Percent		Amount			Percent		Amount			Percent
Statutory U.S. Federal Income Tax Rate	$	12,534		21.0	%	$	230,721		21.0	%	$	41,503		35.0	%
Net Effect of State Income Taxes	1,333			2.2		60,814			5.6		15,538			13.1
Non-Controlling Interest	(23,662		)	(39.6	)	(18,181		)	(1.7	)	—			—
Uncertain Tax Positions	—			—		(4,265		)	(0.4	)	27,359			23.1
Effect of Spin on Federal NOL's	—			—		—			—		24,942			21.0
Accrual to Tax Return Reconciliation	603			1.0		3,028			0.3		(1,147		)	(1.0	)
Effect of Equity Compensation	8,771			14.7		—			—		—			—
Effect of Change in State Valuation Allowance	33,238			55.6		(22,684		)	(2.1	)	(430		)	(0.4	)
Effect of Change in Federal Valuation Allowance	(2,640		)	(4.4	)	(18,110		)	(1.7	)	(145,772		)	(122.9	)
Other Deferred Adjustments	(1,691		)	(2.8	)	5,957			0.6		7,616			6.4
Effect of Federal and State Rate Reductions	(3,842		)	(6.4	)	(27,429		)	(2.5	)	(131,784		)	(111.1	)
Effect of Federal Tax Credits	2,881			4.8		1,208			0.1		(19,081		)	(16.1	)
Other	211			0.4		4,498			0.4		4,798			4.0
Income Tax Expense (Benefit) / Effective Rate	$	27,736		46.5	%	$	215,557		19.6	%	$	(176,458	)	(148.9	)%

Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending gross amounts of unrecognized tax benefits is as follows:



	For the Years Ended
	December 31,
	2019		2018
Balance at Beginning of Period	$	31,516	$	37,813
Increase in Unrecognized Tax Benefits Resulting from Tax Positions Taken During Prior Periods	—		2,140
Reduction in Unrecognized Tax Benefits Because of the Lapse of the Applicable Statute of Limitations	—		(8,437		)
Balance at End of Period	$	31,516	$	31,516