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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2016
Fair Value Disclosures [Abstract]  
Summary of the valuation of the Company's financial assets and liabilities that were accounted for at fair value on a recurring basis
The following tables summarize the valuation of the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis in accordance with the classifications provided above as of March 31, 2016 and December 31, 2015 (in thousands). 
 
Fair Value Measurements at
March 31, 2016 using
Description
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
Oil and natural gas derivatives
$

 
9,445

 
$

 
9,445

Total
$

 
9,445

 
$

 
9,445

 
Fair Value Measurements at
December 31, 2015 using
Description
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
   Oil and natural gas derivatives
$

 
$
16,284

 
$

 
$
16,284

           Total
$

 
$
16,284

 
$

 
$
16,284