The following table represents the changes in accumulated other comprehensive income (loss), net of tax, for the three month period ended September 30, 2016 (in thousands):



	Gains and Losses on Cash Flow Hedges			Change in Valuation Allowance			Total
Balance as of June 30, 2016	$	(297	)	$	(176	)	$	(473	)
Other comprehensive income before reclassifications:
Change in fair value of derivatives	101			—			101
Income tax effect	(37		)	91			54
Net of tax	64			91			155
Amounts reclassified from accumulated other comprehensive loss:
Oil and gas sales	144			—			144
Income tax effect	(54		)	—			(54		)
Net of tax	90			—			90
Net other comprehensive income	154			91			245
Balance as of September 30, 2016	$	(143	)	$	(85	)	$	(228	)

The following table represents the changes in accumulated other comprehensive income (loss), net of tax, for the nine month period ended September 30, 2016 (in thousands):



	Gains and Losses on Cash Flow Hedges			Change in Valuation Allowance			Total
Balance as of December 31, 2015	$	947		$	—		$	947
Other comprehensive income before reclassifications:
Change in fair value of derivatives	307			—			307
Income tax effect	(114		)	(85		)	(199		)
Net of tax	193			(85		)	108
Amounts reclassified from accumulated other comprehensive income:
Oil and gas sales	(2,043		)	—			(2,043		)
Income tax effect	760			—			760
Net of tax	(1,283		)	—			(1,283		)
Net other comprehensive loss	(1,090		)	(85		)	(1,175		)
Balance as of September 30, 2016	$	(143	)	$	(85	)	$	(228	)

The following table represents the changes in accumulated other comprehensive income (loss), net of tax, for the three month period ended September 30, 2015 (in thousands):



	Gains and Losses on Cash Flow Hedges
Balance as of June 30, 2015	$	3,564
Other comprehensive income before reclassifications:
Change in fair value of derivatives	4,077
Income tax effect	(1,517		)
Net of tax	2,560
Amounts reclassified from accumulated other comprehensive income:
Oil and gas sales	(4,093		)
Income tax effect	1,523
Net of tax	(2,570		)
Net other comprehensive loss	(10		)
Balance as of September 30, 2015	$	3,554

The following table represents the changes in accumulated other comprehensive income (loss), net of tax, for the nine month period ended September 30, 2015 (in thousands):



	Gains and Losses on Cash Flow Hedges
Balance as of December 31, 2014	$	5,420
Other comprehensive income before reclassifications:
Change in fair value of derivatives	7,523
Income tax effect	(2,799		)
Net of tax	4,724
Amounts reclassified from accumulated other comprehensive income:
Oil and gas sales	(10,494		)
Income tax effect	3,904
Net of tax	(6,590		)
Net other comprehensive loss	(1,866		)
Balance as of September 30, 2015	$	3,554