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Fair Value of Financial Instruments (Details-4) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Beginning balance, $ (48,354) $ (57,101) $ (50,305) $ (53,501)
Realized and unrealized gains (losses):        
Included in regulatory liabilities 2,748 5,218 4,701 1,618
Included in other comprehensive income 0 0 0 0
Included in earnings [1] (550) (1,809) (1,136) (3,972)
Included in current assets (222) 0 (97) 0
Purchases 6,186 5,636 12,182 10,937
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (5,413) (3,827) (10,950) (6,965)
Transfers in and/or out of level 3 0 0 0 0
Ending balance, (45,605) (51,883) (45,605) (51,883)
Total gains (losses) included in earnings attributed to the change in unrealized gains (losses) related to assets and liabilities [1] 0 0 0 0
Purchased Power Expense [Member]        
Realized and unrealized gains (losses):        
Included in earnings [1] (487) (1,809) (918) (3,972)
Cost Of Gas Sold Expense [Member]        
Realized and unrealized gains (losses):        
Included in earnings [1] $ (63) $ 0 $ (218) $ 0
[1]

MGE's exchange-traded derivative contracts, over-the-counter party transactions, purchased power agreement, and FTRs are subject to regulatory deferral. These derivatives are therefore marked to fair value and are offset in the financial statements with a corresponding regulatory asset or liability.