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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Summary of Fair Value of Financial Assets and Liabilities
The following table summarizes the fair value of the Company’s financial assets and liabilities, by level within the fair-value hierarchy (in thousands):
 
March 31, 2019
 
Level 1
 
Level 2
 
Level 3
 
Total
Financial assets
 
 
 
 
 
 
 
 
Derivative asset - current
 
$

 
$
6,605

 
$

 
$
6,605

Derivative asset - noncurrent
 

 
6,300

 

 
6,300

Total financial assets
 
$

 
$
12,905

 
$

 
$
12,905

 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
Derivative liability - current
 
$

 
$
2,204

 
$

 
$
2,204

Derivative liability - noncurrent
 

 
1,367

 

 
1,367

Total financial liabilities
 
$

 
$
3,571

 
$

 
$
3,571

 
 
 
 
 
 
 
 
 
December 31, 2018
 
 
 
 
 
 
 
 
Financial assets
 
 
 
 
 
 
 
 
Derivative asset - current
 
$

 
$
43,888

 
$

 
$
43,888

Derivative asset - noncurrent
 


 
21,121

 


 
21,121

Total financial assets
 
$

 
$
65,009

 
$

 
$
65,009

 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
Derivative liability - current
 
$

 
$
528

 
$

 
$
528

Derivative liability - noncurrent
 

 
1,891

 

 
1,891

Total financial liabilities
 
$

 
$
2,419

 
$

 
$
2,419