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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2020
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, 2020
 
Level 1
 
Level 2
 
Level 3
 
Total
Financial assets
 
 
 
 
 
 
 
 
Derivative asset - current
 
$

 
$
72,017

 
$

 
$
72,017

Derivative asset - noncurrent
 

 
20,769

 

 
20,769

Total financial assets
 
$

 
$
92,786

 
$

 
$
92,786

 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
Derivative liability - current
 
$

 
$

 
$

 
$

Derivative liability - noncurrent
 

 

 

 

Total financial liabilities
 
$

 
$

 
$

 
$

 
 
 
 
 
 
 
 
 
December 31, 2019
 
 
 
 
 
 
 
 
Financial assets
 
 
 
 
 
 
 
 
Derivative asset - current
 
$

 
$
8,860

 
$

 
$
8,860

Derivative asset - noncurrent
 


 
770

 


 
770

Total financial assets
 
$

 
$
9,630

 
$

 
$
9,630

 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
Derivative liability - current
 
$

 
$
6,889

 
$

 
$
6,889

Derivative liability - noncurrent
 

 

 

 

Total financial liabilities
 
$

 
$
6,889

 
$

 
$
6,889