XML 64 R16.htm IDEA: XBRL DOCUMENT v3.3.0.814
Firm Transportation Obligation
9 Months Ended
Sep. 30, 2015
Restructuring and Related Activities [Abstract]  
Restructuring and Exit Activities
Firm Transportation Obligation
We have a contractual obligation for certain firm transportation capacity in the Appalachian region that expires in 2022 and, as a result of the sale of our natural gas assets in West Virginia, Kentucky and Virginia in 2012, we no longer have production to satisfy this commitment. We recognized an obligation in 2012 representing the liability for estimated discounted future net cash outflows over the remaining term of the contract.
The following table reconciles the obligation as of the dates presented:
 
As of
 
September 30,
 
December 31,
 
2015
 
2014
Balance at beginning of period
$
14,790

 
$
15,993

Accretion
705

 
1,301

Cash payments, net
(1,691
)
 
(2,504
)
Balance at end of period
$
13,804

 
$
14,790


The accretion of the obligation, net of any recoveries from periodic sales of our contractual capacity, is charged as an offset to Other revenue. As of September 30, 2015, $2.8 million of the obligation is classified as current and is included in the Accounts payable and accrued liabilities caption while the remaining $11.0 million is classified as noncurrent and is included in the Other liabilities caption on our Condensed Consolidated Balance Sheets.