Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Recurring Fair Value Measurements

The following tables set forth our recurring fair value measurements:

	March 31, 2015
	Level 2		Level 3			Gross Amounts			Effect of Netting			Net Amounts Presented
	(In thousands)
Financial assets (liabilities):
Commodity derivatives:
Assets	$	25,856	$	902		$	26,758		$	(45	)	$	26,713
Liabilities	—		(45		)	(45		)	45			—
	$	25,856	$	857		$	26,713		$	—		$	26,713

	December 31, 2014
	Level 2		Level 3		Gross Amounts		Effect of Netting		Net Amounts Presented
	(In thousands)
Financial assets (liabilities):
Commodity derivatives:
Assets	$	27,784	$	3,355	$	31,139	$	—	$	31,139
Liabilities	—		—		—		—		—
	$	27,784	$	3,355	$	31,139	$	—	$	31,139

Reconciliations Of Level 3 Fair Value Measurements

The following tables are reconciliations of our level 3 fair value measurements:

	Commodity Collars
	Three Months Ended
	March 31,
	2015			2014
	(In thousands)
Beginning of period	$	3,355		$	(2,595	)
Total gains or losses (realized and unrealized):
Included in earnings (1)	777			(3,428		)
Settlements	(3,275		)	1,559
End of period	$	857		$	(4,464	)
Total losses for the period included in earnings attributable to the change in unrealized loss relating to assets still held at end of period	$	(2,498	)	$	(1,869	)

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(1) Commodity collars are reported in the Unaudited Condensed Consolidated Statements of Operations in gain (loss) on derivatives not designated as hedges.

Schedule Of Quantitative Information About Unobservable Inputs

The following table provides quantitative information about our Level 3 unobservable inputs at March 31, 2015:

Commodity (1)	Fair Value		Valuation Technique	Unobservable Input	Range
	(In thousands)
Natural gas collar	$	857	Discounted cash flow	Forward commodity price curve	$0.00 - $0.38

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(1) The commodity contracts detailed in this category include non-exchange-traded natural gas collars that are valued based on NYMEX. The forward pricing range represents the low and high price expected to be paid or received within the settlement period.