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Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2016 and December 31, 2015 (in thousands). 
 
Fair Value Measurements at
September 30, 2016 using
Description
Level 1
 
Level 2
 
Level 3
 
Total
Liabilities
 
 
 
 
 
 
 
Oil and natural gas derivatives
$
—

 
$
(13,977
)
 
$
—

 
$
(13,977
)
Total
$
—

 
$
(13,977
)
 
$
—

 
$
(13,977
)
 
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