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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2017
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 December 31, 2017 and 2016 (in thousands). 
 
 
Fair Value Measurements at
December 31, 2017 using
Description
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets (Liabilities)
 
 
 
 
 
 
 
 
Natural gas derivatives
 
$

 
$
1,190

 
$

 
$
1,190

Oil derivatives and basis swaps
 

 
(16,429
)
 

 
(16,429
)
Total
 
$

 
$
(15,239
)
 
$

 
$
(15,239
)
 
 
Fair Value Measurements at
December 31, 2016 using
Description
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets (Liabilities)
 
 
 
 
 
 
 
 
Oil and natural gas derivatives
 
$

 
$
(24,954
)
 
$

 
$
(24,954
)
Total
 
$

 
$
(24,954
)
 
$

 
$
(24,954
)