XML 18 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivative Instruments
6 Months Ended
Jun. 30, 2013
Derivative Instruments [Abstract]  
Derivative Instruments

 

 

Note 12 – Derivative Instruments

 

We had embedded derivatives related to debt and equity instruments at June 30, 2013.

 

The fair market value of these derivative instruments is included in our balance sheet as follows for the periods indicated:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

 

December 31,

 

 

2013

 

 

2012

Derivatives not designated as hedges:

 

 

 

 

 

 

 

 

 

 

 

Other liabilities - long-term

$

(7,099)

 

$

(7,402)

 

The effect of the derivatives not designated as hedges on our results of operations was as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2013

 

2012

 

2013

 

2012

Derivatives not designated as hedges:

 

 

 

 

 

 

 

 

 

 

 

Unrealized losses on oil and gas commodity derivatives

$

 -

 

$

(887)

 

$

 -

 

$

(1,904)

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gains (losses) on embedded derivatives

 

 

 

 

 

 

 

 

 

 

 

related to debt and equity instruments

$

(1,277)

 

$

(2,918)

 

$

303 

 

$

931