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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Measurements  
Schedule of assets and liabilities measured at fair value on a recurring basis

 

        The following table sets forth financial assets and liabilities measured at fair value on a recurring basis in the consolidated balance sheet and the respective levels to which the fair value measurements are classified within the fair value hierarchy as of December 31 (in thousands):

                                                                                                                                                                                    

 

 

Total

 

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

 

Significant
Other
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

Commodity futures—financial assets

 

$

1,765 

 

$

 

$

1,765 

 

$

 

Commodity futures—financial liabilities

 

 

3,925 

 

 

 

 

3,925 

 

 

 

2014

 

 


 

 

 


 

 

 


 

 

 


 

 

Commodity futures—financial assets

 

$

5,312 

 

$

 

$

5,312 

 

$

 

Commodity futures—financial liabilities

 

 

1,539 

 

 

 

 

1,539