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Fair-Value Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Placement of Assets and Liabilities Within the Fair Value Hierarchy Levels
The following table sets forth by level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2017 and December 31, 2016. 
 
 
Fair Value at
 
Fair Value at
 
 
September 30, 2017
 
December 31, 2016
Recurring Fair Value Measures
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
Commodity derivatives:
 
 
 
 
 
 
 
 
 
 
 
 
Assets
 
$
546

 
$

 
$

 
$
3,764

 
$

 
$

Liabilities
 
$
(3,810
)
 
$

 


 
$
(11,278
)
 
$

 
$

Preferred Distribution Rate Reset Election
 
$

 
$

 
$
(36,726
)
 
$

 
$

 
$

Reconciliation of Changes in Fair Value of Derivatives Classified as Level 3
The following table provides a reconciliation of changes in fair value at the beginning and ending balances for our derivatives classified as level 3:

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2017
Beginning Balance
 
Initial valuation of Preferred Distribution Rate Reset Election
(34,450)
 
(34,450)
Net Loss for the period included in earnings
(2,276)
 
(2,276)
Ending Balance
(36,726)
 
(36,726)