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Revenue Recognition
 9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of Revenue
The following table presents revenues disaggregated by product:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
 
2019
 
2018
 
2019
 
2018
OPERATING REVENUES
 
 
 
 
 
 
 
 
   Natural gas
 
$
418,133

 
$
440,835

 
$
1,521,789

 
$
1,217,603

   Crude oil and condensate
 
—

 
—

 
—

 
48,722

   Brokered natural gas
 
—

 
105,849

 
—

 
203,375

   Other
 
(82
)
 
2,026

 
154

 
3,775

Total revenue from contracts with customers
 
418,051

 
548,710

 
1,521,943

 
1,473,475

   Gain (loss) on derivative instruments
 
11,060

 
(3,537
)
 
82,966

 
(1,628
)
 
 
$
429,111

 
$
545,173

 
$
1,604,909

 
$
1,471,847


All of the Company’s revenues from contracts with customers represent products transferred at a point in time as control is transferred to the customer and generated in the United States of America.
Transaction Price Allocated to Remaining Performance Obligations
A significant number of the Company’s product sales contracts are short-term in nature with a contract term of one year or less. For those contracts, the Company has utilized the practical expedient exempting the Company from disclosure of the transaction price allocated to remaining performance obligations if the performance obligation is part of a contract that has an original expected duration of one year or less.
As of September 30, 2019, the Company has $9.7 billion of unsatisfied performance obligations related to natural gas sales that have a fixed pricing component and a contract term greater than one year. The Company expects to recognize these obligations over periods ranging from four to 19 years.
Contract Balances
Receivables from contracts with customers are recorded when the right to consideration becomes unconditional, generally when control of the product has been transferred to the customer. Receivables from contracts with customers were $159.2 million and $363.0 million as of September 30, 2019 and December 31, 2018, respectively, and are reported in accounts receivable, net on the Condensed Consolidated Balance Sheet. The Company currently has no assets or liabilities related to its revenue contracts, including no upfront payments or rights to deficiency payments.