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Fair Value Measurements (Assets and Liabilities Measured on Recurring Basis) (Details) - Recurring - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] $ 231,315 $ 177,467 $ 59,175
Provisionally price contracts [2] (17,371) (29,025) (145,895)
Convertible preferred securities [3] 11,649 8,849 8,654
Other assets and liabilities [4] (6,627) (18,086) (27,241)
Total 218,966 139,205 (105,307)
Level 1      
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] 19,145 51,369 43,832
Provisionally price contracts [2] 14,231 19,793 (94,834)
Convertible preferred securities [3] 0 0 0
Other assets and liabilities [4] 6,147 7,972 5,373
Total 39,523 79,134 (45,629)
Level 2      
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] 212,170 126,098 15,343
Provisionally price contracts [2] (31,602) (48,818) (51,061)
Convertible preferred securities [3] 0 0 0
Other assets and liabilities [4] (12,774) (26,058) (32,614)
Total 167,794 51,222 (68,332)
Level 3      
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] 0 0 0
Provisionally price contracts [2] 0 0 0
Convertible preferred securities [3] 11,649 8,849 8,654
Other assets and liabilities [4] 0 0 0
Total $ 11,649 $ 8,849 $ 8,654
[1] Includes associated cash posted/received as collateral
[2] Included in "Provisionally priced contracts" are those instruments based only on underlying futures values (Level 1) and delayed price contracts (Level 2)
[3] Recorded in “Other assets, net” on the Company’s Consolidated Balance Sheets related to certain available for sale securities.
[4] Included in other assets and liabilities are assets held by the Company to fund deferred compensation plans and foreign exchange derivative contracts (Level 1), as well as, interest rate derivatives (Level 2).