Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2016

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

The following table represents the changes in accumulated other comprehensive income (loss), net of tax, for the three month period ended March 31, 2016 (in thousands):

	Gains and Losses on Cash Flow Hedges
Balance as of December 31, 2015	$947
Other comprehensive income before reclassifications:
Change in fair value of derivatives	801
Income tax effect	(298	)
Net of tax	503
Amounts reclassified from accumulated other comprehensive income:
Oil and gas sales	(1,032	)
Income tax effect	384
Net of tax	(648	)
Net other comprehensive loss	(145	)
Balance as of March 31, 2016	$802

The following table represents the changes in accumulated other comprehensive income (loss), net of tax, for the three month period ended March 31, 2015 (in thousands):

	Gains and Losses on Cash Flow Hedges
Balance as of December 31, 2014	$5,420
Other comprehensive loss before reclassifications:
Change in fair value of derivatives	4,917
Income tax effect	(1,829	)
Net of tax	3,088
Amounts reclassified from accumulated other comprehensive loss:
Oil and gas sales	(2,372	)
Income tax effect	882
Net of tax	(1,490	)
Net other comprehensive income	1,598
Balance as of March 31, 2015	$7,018