Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2018

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, 2018 (in thousands):

	Gains and Losses on Cash Flow Hedges			Change in Valuation Allowance			Total
Balance as of December 31, 2017	$	278		$	—		$	278
Other comprehensive income before reclassifications:
Change in fair value of derivatives	(545		)	—			(545		)
Income tax effect	131			(131		)	—
Net of tax	(414		)	(131		)	(545		)
Amounts reclassified from accumulated other comprehensive loss:
Oil and gas sales	(540		)	—			(540		)
Income tax effect	130			(41		)	89
Net of tax	(410		)	(41		)	(451		)
Net other comprehensive income	(824		)	(172		)	(996		)
Balance as of March 31, 2018	$	(546	)	$	(172	)	$	(718	)

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 income:
Oil and gas sales	321			—			321
Income tax effect	(120		)	120			—
Net of tax	201			120			321
Net other comprehensive loss	2,002			1,186			3,188
Balance as of March 31, 2017	$	(981	)	$	(581	)	$	(1,562	)