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Derivatives And Risk Management (Tables)
 12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedges, Assets [Abstract]  
Energy Commodity Derivatives
 
Purchases
 
Sales
 
Electric Derivatives
 
Gas Derivatives
 
Electric Derivatives
 
Gas Derivatives
Year
Physical (1)
MWH
 
Financial (1)
MWH
 
Physical (1)
mmBTUs
 
Financial (1)
mmBTUs
 
Physical (1)
MWH
 
Financial (1)
MWH
 
Physical (1)
mmBTUs
 
Financial (1)
mmBTUs
2015
522

 
2,547

 
21,111

 
120,780

 
326

 
2,951

 
3,428

 
99,023

2016
397

 
1,071

 
2,505

 
70,480

 
287

 
1,634

 
910

 
56,520

2017
397

 
—

 
675

 
24,230

 
286

 
290

 
—

 
15,420

2018
397

 
—

 
—

 
3,020

 
286

 
—

 
—

 
—

2019
235

 
—

 
—

 
1,800

 
158

 
—

 
—

 
—

Thereafter
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
(1)
Physical transactions represent commodity transactions where Avista Utilities will take delivery of either electricity or natural gas and financial transactions represent derivative instruments with no physical delivery, such as futures, swaps or options.
Foreign Currency Exchange Contracts
 
2014
 
2013
Number of contracts
18

 
23

Notional amount (in United States dollars)
$
5,474

 
$
8,631

Notional amount (in Canadian dollars)
6,198

 
9,191
Interest Rate Swap Agreements
The following table summarizes the interest rate swaps that the Company has outstanding as of the balance sheet date indicated below (dollars in thousands):
Balance Sheet Date
 
Number of Contracts
 
Notional Amount
 
Mandatory Cash Settlement Date
December 31, 2014
 
5
 
$
75,000

 
2015
 
 
5
 
95,000

 
2016
 
 
3
 
45,000

 
2017
 
 
9
 
205,000

 
2018
December 31, 2013
 
2
 
50,000

 
2014
 
 
2
 
45,000

 
2015
 
 
2
 
40,000

 
2016
 
 
1
 
15,000

 
2017
 
 
4
 
95,000

 
2018
Derivative Instruments Summary
The following table presents the fair values and locations of derivative instruments recorded on the Consolidated Balance Sheet as of December 31, 2014 (in thousands):
 
 
 
 
Fair Value
Derivative
 
Balance Sheet Location
 
Gross
Asset
 
Gross
Liability
 
Collateral
Netting
 
Net Asset
(Liability)
in Balance Sheet
Foreign currency contracts
 
Other current liabilities
 
$
1

 
$
(21
)
 
$
—

 
$
(20
)
Interest rate contracts
 
Other current assets
 
966

 
(506
)
 
—

 
460

Interest rate contracts
 
Other current liabilities
 
—

 
(7,325
)
 
—

 
(7,325
)
Interest rate contracts
 
Other non-current liabilities and deferred credits
 
—

 
(69,737
)
 
28,880

 
(40,857
)
Commodity contracts
 
Current utility energy commodity derivative assets
 
2,063

 
(538
)
 
—

 
1,525

Commodity contracts
 
Current utility energy commodity derivative liabilities
 
66,421

 
(97,586
)
 
13,120

 
(18,045
)
Commodity contracts
 
Other non-current liabilities and deferred credits
 
29,594

 
(54,077
)
 
2,390

 
(22,093
)
Total derivative instruments recorded on the balance sheet
 
$
99,045

 
$
(229,790
)
 
$
44,390

 
$
(86,355
)
The following table presents the fair values and locations of derivative instruments recorded on the Consolidated Balance Sheet as of December 31, 2013 (in thousands):
 
 
 
 
Fair Value
Derivative
 
Balance Sheet Location
 
Gross
Asset
 
Gross
Liability
 
Collateral
Netting
 
Net Asset
(Liability)
in Balance Sheet
Foreign currency contracts
 
Other current assets
 
$
7

 
$
(6
)
 
$
—

 
$
1

Interest rate contracts
 
Other current assets
 
13,968

 
—

 
—

 
13,968

Interest rate contracts
 
Other property and investments - net
 
19,575

 
—

 
—

 
19,575

Commodity contracts
 
Current utility energy commodity derivative assets
 
7,416

 
(4,394
)
 
—

 
3,022

Commodity contracts
 
Non-current utility energy commodity derivative assets
 
7,610

 
(6,756
)
 
—

 
854

Commodity contracts
 
Current utility energy commodity derivative liabilities
 
23,455

 
(37,306
)
 
2,976

 
(10,875
)
Commodity contracts
 
Other non-current liabilities and deferred credits
 
17,101

 
(41,213
)
 
5,756

 
(18,356
)
Total derivative instruments recorded on the balance sheet
 
$
89,132

 
$
(89,675
)
 
$
8,732

 
$
8,189