Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2017

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, 2017 (in thousands):

	Gains and Losses on Cash Flow Hedges			Change in Valuation Allowance			Total
Balance as of December 31, 2016	$	(2,983	)	$	(1,767	)	$	(4,750	)
Other comprehensive income before reclassifications:
Change in fair value of derivatives	2,867			—			2,867
Income tax effect	(1,066		)	1,066			—
Net of tax	1,801			1,066			2,867
Amounts reclassified from accumulated other comprehensive loss:
Oil and gas sales	321			—			321
Income tax effect	(120		)	120			—
Net of tax	201			120			321
Net other comprehensive income	2,002			1,186			3,188
Balance as of March 31, 2017	$	(981	)	$	(581	)	$	(1,562	)

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