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Derivative Instruments (Tables)
9 Months Ended
Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Values of Derivatives Instruments in Consolidated Balance Sheets
The fair values of derivative instruments in the Company's consolidated balance sheets were as follows:
 
 
Derivative Assets
 
 
Balance Sheet Location
 
Fair Value as of
 
 
September 30,
2015
 
December 31,
2014
Not designated as hedging instruments
 
 
 
 
 
 
Commodity forward contracts
 
Accounts receivable, net
 
$
2,722

 
$
3,145

Commodity forward contracts

 
Deferred charges and
   other assets, net
 
2,017

 

Total derivative assets
 
 
 
$
4,739

 
$
3,145

 
 
Derivative Liabilities
 
 
Balance Sheet Location
 
Fair Value as of
 
 
September 30,
2015
 
December 31,
2014
Not designated as hedging instruments
 
 
 
 
 
 
Commodity forward contracts
 
Accrued liabilities
 
$
5,421

 
$
6,549

Commodity forward contracts
 
Other liabilities
 
9,846

 
3,559

Total derivative liabilities
 
 
 
$
15,267

 
$
10,108

Impact of Derivative Instruments Not Designated as Fair Value Hedges
The impact of derivative instruments that have not been designated as hedges on the Company's consolidated statements of operations were as follows:
Derivatives Not Designated as
   Hedging Instruments
 
Location of Gain (Loss)
Recognized in 
Income on Derivative
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
2015
 
2014
 
2015
 
2014
Commodity forward contracts
 
Gross profit
 
$
(9,314
)
 
$
(6,937
)
 
$
(4,478
)
 
$
(7,308
)