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Derivative Instruments (Tables)
9 Months Ended
Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Derivative Instruments
The total notional amounts of production of CNX's derivative instruments at September 30, 2018 and December 31, 2017 were as follows:
 
September 30,
 
December 31,
 
Forecasted to
 
2018
 
2017
 
Settle Through
Natural Gas Commodity Swaps (Bcf)
1,096.1

 
1,067.2

 
2023
Natural Gas Basis Swaps (Bcf)
781.8

 
688.1

 
2023
Schedule of Derivative Assets at Fair Value
The gross fair value of CNX's derivative instruments at September 30, 2018 and December 31, 2017 was as follows:
Asset Derivative Instruments
 
Liability Derivative Instruments
 
September 30,
 
December 31,
 
 
September 30,
 
December 31,
 
2018
 
2017
 
 
2018
 
2017
Commodity Swaps:
 
 
 
 
 
 
 
 
Prepaid Expense
$
34,985

 
$
62,369

 
Other Accrued Liabilities
$
26,371

 
$
5,985

Other Assets
153,279

 
59,281

 
Other Liabilities
11,648

 
42,419

Total Asset
$
188,264

 
$
121,650

 
Total Liability
$
38,019

 
$
48,404

 
 
 
 
 
 
 
 
 
Basis Only Swaps:
 
 
 
 
 
 
 
 
Prepaid Expense
$
10,085

 
$
14,965

 
Other Accrued Liabilities
$
26,293

 
$
35,306

Other Assets
29,099

 
24,223

 
Other Liabilities
26,952

 
17,179

Total Asset
$
39,184

 
$
39,188

 
Total Liability
$
53,245

 
$
52,485

Schedule of Derivative Liabilities at Fair Value
The gross fair value of CNX's derivative instruments at September 30, 2018 and December 31, 2017 was as follows:
Asset Derivative Instruments
 
Liability Derivative Instruments
 
September 30,
 
December 31,
 
 
September 30,
 
December 31,
 
2018
 
2017
 
 
2018
 
2017
Commodity Swaps:
 
 
 
 
 
 
 
 
Prepaid Expense
$
34,985

 
$
62,369

 
Other Accrued Liabilities
$
26,371

 
$
5,985

Other Assets
153,279

 
59,281

 
Other Liabilities
11,648

 
42,419

Total Asset
$
188,264

 
$
121,650

 
Total Liability
$
38,019

 
$
48,404

 
 
 
 
 
 
 
 
 
Basis Only Swaps:
 
 
 
 
 
 
 
 
Prepaid Expense
$
10,085

 
$
14,965

 
Other Accrued Liabilities
$
26,293

 
$
35,306

Other Assets
29,099

 
24,223

 
Other Liabilities
26,952

 
17,179

Total Asset
$
39,184

 
$
39,188

 
Total Liability
$
53,245

 
$
52,485

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The effect of derivative instruments on the Company's Consolidated Statements of Income was as follows:
 
For the Three Months Ended
 
For the Nine Months Ended
 
September 30,
 
September 30,
 
2018
 
2017
 
2018
 
2017
Cash Received (Paid) in Settlement of Commodity Derivative Instruments:
 
 
 
 
 
 
 
  Commodity Swaps:
 
 
 
 
 
 
 
    Natural Gas
$
6,916

 
$
(312
)
 
$
23,540

 
$
(40,428
)
    Propane

 

 

 
(1,216
)
  Natural Gas Basis Swaps
(4,091
)
 
17,983

 
(21,022
)
 
(20,073
)
Total Cash Received (Paid) in Settlement of Commodity Derivative Instruments
2,825

 
17,671

 
2,518

 
(61,717
)
 
 
 
 
 
 
 
 
Unrealized Gain (Loss) on Commodity Derivative Instruments:
 
 
 
 
 
 
 
  Commodity Swaps:
 
 
 
 
 
 
 
    Natural Gas
27,749

 
(18,789
)
 
76,999

 
214,097

    Propane

 

 

 
1,147

  Natural Gas Basis Swaps
(12,569
)
 
20,301

 
(765
)
 
(73,019
)
Total Unrealized Gain on Commodity Derivative Instruments
15,180

 
1,512

 
76,234

 
142,225

 
 
 
 
 
 
 
 
Gain (Loss) on Commodity Derivative Instruments:
 
 
 
 
 
 
 
  Commodity Swaps:
 
 
 
 
 
 
 
    Natural Gas
34,665

 
(19,101
)
 
100,539

 
173,669

    Propane

 

 

 
(69
)
  Natural Gas Basis Swaps
(16,660
)
 
38,284

 
(21,787
)
 
(93,092
)
Total Gain on Commodity Derivative Instruments
$
18,005

 
$
19,183

 
$
78,752

 
$
80,508