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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis The following tables summarize the valuation of those assets and (liabilities) as of the dates presented:
 
 
As of December 31, 2019
 
 
Fair Value
 
Fair Value Measurement Classification
Description
 
Measurement
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 

 
 

 
 

 
 

Commodity derivative assets – current
 
$
4,131

 
$

 
$
4,131

 
$

Commodity derivative assets – noncurrent
 
2,750

 

 
2,750

 

Liabilities:
 
 

 
 

 
 

 
 

Commodity derivative liabilities – current
 
$
(23,450
)
 
$

 
$
(23,450
)
 
$

Commodity derivative liabilities – noncurrent
 
(3,385
)
 

 
(3,385
)
 

 
 
As of December 31, 2018
 
 
Fair Value
 
Fair Value Measurement Classification
Description
 
Measurement
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 

 
 

 
 

 
 

Commodity derivative assets – current
 
$
34,932

 
$

 
$
34,932

 
$

Commodity derivative assets – noncurrent
 
10,100

 

 
10,100

 

Liabilities:
 
 

 
 

 
 

 
 

Commodity derivative liabilities – current
 
$
(991
)
 
$

 
$
(991
)
 
$

Commodity derivative liabilities – noncurrent