Prepaid and Other Current Assets

3 Months Ended

Mar. 31, 2016

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid and Other Current Assets

Note 6—Prepaid and Other Current Assets

Prepaid and other current assets at March 31, 2016 and December 31, 2015 consisted of the following (in thousands):

	March 31, 2016		December 31, 2015
Advances to suppliers for crude oil purchases	$	—	$	36,247
Collateral posted with broker for derivative instruments	15,289		20,926
Prepaid insurance	4,753		6,773
Derivative assets	427		4,577
Other	7,120		6,914
Total	$	27,589	$	75,437