Derivative Financial Instruments (Details) (USD $)
|
3 Months Ended | 6 Months Ended | 3 Months Ended | 6 Months Ended | 3 Months Ended | 6 Months Ended | 3 Months Ended | 6 Months Ended | 3 Months Ended | 6 Months Ended | 6 Months Ended | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2014
|
Jun. 30, 2013
|
Jun. 30, 2014
|
Jun. 30, 2013
|
Jun. 30, 2014
CRNF
Term loan facility
|
Jun. 30, 2014
Commodity derivatives
CVR Refining, LP
|
Jun. 30, 2013
Commodity derivatives
CVR Refining, LP
|
Jun. 30, 2014
Commodity derivatives
CVR Refining, LP
|
Jun. 30, 2013
Commodity derivatives
CVR Refining, LP
|
Jun. 30, 2014
Commodity swap
CVR Refining, LP
|
Jun. 30, 2013
Commodity swap
CVR Refining, LP
|
Jun. 30, 2014
Commodity swap
CVR Refining, LP
|
Jun. 30, 2013
Commodity swap
CVR Refining, LP
|
Jun. 30, 2014
Interest rate swap
|
Jun. 30, 2013
Interest rate swap
|
Jun. 30, 2014
Interest rate swap
|
Jun. 30, 2013
Interest rate swap
|
Jun. 30, 2014
Interest rate swap
CRNF
|
Jun. 30, 2013
Interest rate swap
CRNF
|
Jun. 30, 2014
Interest rate swap
CRNF
|
Jun. 30, 2013
Interest rate swap
CRNF
|
Jun. 30, 2014
Not designated as hedges
Commodity swap
CVR Refining, LP
bbl
|
Dec. 31, 2013
Not designated as hedges
Commodity swap
CVR Refining, LP
bbl
|
Jun. 30, 2014
Designated as hedges
Interest rate swap
CRNF
agreement
|
Jul. 01, 2011
Designated as hedges
Interest rate swap
CRNF
agreement
|
Jun. 30, 2011
Designated as hedges
Interest rate swap
CRNF
agreement
|
Jun. 30, 2014
Designated as hedges
Interest rate swap agreements entered into on June 30, 2011
CRNF
|
Jun. 30, 2014
Designated as hedges
Interest rate swap agreements entered into on July 1, 2011
CRNF
|
|
Derivative Financial Instruments | ||||||||||||||||||||||||||||
Current period settlements on derivative contracts | $ 33,900,000 | $ 14,700,000 | $ 55,000,000 | $ (37,800,000) | ||||||||||||||||||||||||
Gain on derivatives, net | 35,900,000 | 120,500,000 | 145,300,000 | 100,500,000 | (200,000) | (200,000) | (400,000) | (2,400,000) | 36,100,000 | 120,700,000 | 145,700,000 | 102,900,000 | ||||||||||||||||
Number of barrels | 15,800,000 | 23,300,000 | ||||||||||||||||||||||||||
Unrealized gain | 74,300,000 | |||||||||||||||||||||||||||
Portion of net unrealized gain in current assets | 69,200,000 | |||||||||||||||||||||||||||
Portion of net unrealized gain in non-current assets | 5,100,000 | |||||||||||||||||||||||||||
Number of floating-to-fixed interest rate swap agreements | 2 | 1 | 1 | |||||||||||||||||||||||||
Borrowing capacity on credit facility | 125,000,000.0 | |||||||||||||||||||||||||||
Aggregate notional amount | 62,500,000.0 | |||||||||||||||||||||||||||
Floating rate basis | three month LIBOR | three month LIBOR | ||||||||||||||||||||||||||
Fixed rate (as a percent) | 1.94% | 1.975% | ||||||||||||||||||||||||||
Settlement period | 90 days | 90 days | ||||||||||||||||||||||||||
Average fixed rate of interest (as a percent) | 1.96% | |||||||||||||||||||||||||||
Effective rate (as a percent) | 4.55% | |||||||||||||||||||||||||||
Realized loss on the interest rate swap re-classed from AOCI into interest expense | (300,000) | (300,000) | (500,000) | (500,000) | ||||||||||||||||||||||||
Increase (decrease) in fair value of interest rate swap agreements | $ (100,000) | $ 200,000 | $ (200,000) | $ 200,000 |