Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2016

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, 2016		December 31, 2015
Not designated as hedging instruments
Commodity forward contracts	Accounts receivable, net	$	2,221	$	3,465
Commodity forward contracts	Other assets, net	3,674		2,088
Total derivative assets		$	5,895	$	5,553

	Derivative Liabilities
	Balance Sheet Location	Fair Value as of
		September 30, 2016		December 31, 2015
Not designated as hedging instruments
Commodity forward contracts	Accrued liabilities	$	3,196	$	9,325
Commodity forward contracts	Other liabilities	6,811		12,437
Total derivative liabilities		$	10,007	$	21,762

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,
		2016			2015			2016		2015
Commodity forward contracts	Gross profit	$	(7,840	)	$	(9,314	)	$	7,784	$	(4,478	)

Offsetting Assets

The following tables present the Company's derivative assets and derivative liabilities reported on the consolidated balance sheets and derivative assets and derivative liabilities subject to enforceable master netting arrangements.

	Derivative Assets as of
	September 30, 2016		December 31, 2015
Derivative assets subject to enforceable master netting arrangements	$	—	$	—
Derivative assets not subject to enforceable master netting arrangements	3,560		462
Total derivative assets	$	3,560	$	462

	September 30, 2016							December 31, 2015
Offsetting of Derivative Assets	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheet			Net Amounts of Assets Presented in the Consolidated Balance Sheet		Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheet			Net Amounts of Assets Presented in the Consolidated Balance Sheet
Commodity forward contracts	$	2,335	$	(2,335	)	$	—	$	5,091	$	(5,091	)	$	—

	Derivative Liabilities as of
	September 30, 2016		December 31, 2015
Derivative liabilities subject to enforceable master netting arrangements	$	1,889	$	5,803
Derivative liabilities not subject to enforceable master netting arrangements	5,782		10,868
Total derivative liabilities	$	7,671	$	16,671

Offsetting Liabilities

	Derivative Liabilities as of
	September 30, 2016		December 31, 2015
Derivative liabilities subject to enforceable master netting arrangements	$	1,889	$	5,803
Derivative liabilities not subject to enforceable master netting arrangements	5,782		10,868
Total derivative liabilities	$	7,671	$	16,671

	September 30, 2016							December 31, 2015
Offsetting of Derivative Liabilities	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheet			Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheet			Net Amounts of Liabilities Presented in the Consolidated Balance Sheet
Commodity forward contracts	$	4,224	$	(2,335	)	$	1,889	$	10,894	$	(5,091	)	$	5,803

	September 30, 2016						December 31, 2015
Derivative Liabilities by Counterparty	Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Gross Amounts Not Offset in the Consolidated Balance Sheet		Net Amount		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Gross Amounts Not Offset in the Consolidated Balance Sheet		Net Amount
Counterparty A	$	1,889	$	—	$	1,889	$	5,564	$	—	$	5,564
Counterparty B	—		—		—		239		—		239
Total	$	1,889	$	—	$	1,889	$	5,803	$	—	$	5,803