Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

The total notional amounts of production of CNX's derivative instruments were as follows:

	December 31,				Forecasted to
	2020		2019		Settle Through
Natural Gas Commodity Swaps (Bcf)	1,256.9		1,460.6		2025
Natural Gas Basis Swaps (Bcf)	1,294.1		1,290.4		2026
Interest Rate Swaps	$	569,972	$	160,000	2028

Schedule of Derivative Liabilities at Fair Value

The gross fair value of CNX's derivative instruments was as follows:

	December 31,
	2020		2019
Current Assets:
Commodity Derivative Instruments:
Commodity Swaps	$	53,668	$	234,238
Basis Only Swaps	30,848		13,556
Interest Rate Swaps	141		—
Total Current Assets	$	84,657	$	247,794
Other Non-Current Assets:
Commodity Derivative Instruments:
Commodity Swaps	$	134,661	$	288,543
Basis Only Swaps	52,903		25,553
Interest Rate Swaps	673		—
Total Other Non-Current Assets	$	188,237	$	314,096
Current Liabilities:
Commodity Derivative Instruments:
Commodity Swaps	$	23,506	$	345
Basis Only Swaps	14,491		40,626
Interest Rate Swaps	4,332		495
Total Current Liabilities	$	42,329	$	41,466
Non-Current Liabilities:
Commodity Derivative Instruments:
Commodity Swaps	$	59,388	$	9,693
Basis Only Swaps	57,150		105,445
Interest Rate Swaps	10,752		724
Total Non-Current Liabilities	$	127,290	$	115,862

Schedule of Derivative Assets at Fair Value

The gross fair value of CNX's derivative instruments was as follows:

	December 31,
	2020		2019
Current Assets:
Commodity Derivative Instruments:
Commodity Swaps	$	53,668	$	234,238
Basis Only Swaps	30,848		13,556
Interest Rate Swaps	141		—
Total Current Assets	$	84,657	$	247,794
Other Non-Current Assets:
Commodity Derivative Instruments:
Commodity Swaps	$	134,661	$	288,543
Basis Only Swaps	52,903		25,553
Interest Rate Swaps	673		—
Total Other Non-Current Assets	$	188,237	$	314,096
Current Liabilities:
Commodity Derivative Instruments:
Commodity Swaps	$	23,506	$	345
Basis Only Swaps	14,491		40,626
Interest Rate Swaps	4,332		495
Total Current Liabilities	$	42,329	$	41,466
Non-Current Liabilities:
Commodity Derivative Instruments:
Commodity Swaps	$	59,388	$	9,693
Basis Only Swaps	57,150		105,445
Interest Rate Swaps	10,752		724
Total Non-Current Liabilities	$	127,290	$	115,862

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The effect of derivative instruments on the Company's Consolidated Statements of Income was as follows:

	For the Years Ended December 31,
	2020		2019		2018
Cash Received (Paid) in Settlement of Commodity Derivative Instruments:
Natural Gas:
Commodity Swaps	$	390,547	$	82,899	$	(41,098)
Basis Swaps	70,670		(13,119)		(28,622)
Total Cash Received (Paid) in Settlement of Commodity Derivative Instruments	461,217		69,780		(69,720)
Unrealized (Loss) Gain on Commodity Derivative Instruments:
Natural Gas:
Commodity Swaps	(407,308)		406,472		33,026
Basis Swaps	119,073		(100,147)		6,482
Total Unrealized (Loss) Gain on Commodity Derivative Instruments	(288,235)		306,325		39,508
Gain (Loss) on Commodity Derivative Instruments:
Natural Gas:
Commodity Swaps	(16,761)		489,371		(8,072)
Basis Swaps	189,743		(113,266)		(22,140)
Total Gain (Loss) on Commodity Derivative Instruments	$	172,982	$	376,105	$	(30,212)

The effect of interest rate swaps on Interest Expense in the Company's Consolidated Statements of Income was as follows:

	For the Years Ended December 31,
	2020		2019
Cash (Paid) Received in Settlement of Interest Rate Swaps	$	(3,141)	$	223
Unrealized Loss on Interest Rate Swaps	(13,051)		(1,219)
Loss on Interest Rate Swaps	$	(16,192)	$	(996)