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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Assets Measured at Fair Value on a Recurring Basis

Information for assets measured at fair value at September 30, 2015 and December 31, 2014 was as follows:

 

 

  

Level 1

 

  

Level 2

 

  

Level 3

 

  

Total

 

As of September 30, 2015

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Derivative assets, gross

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Commodity puts

  

$

-

  

  

$

14,000

  

  

$

-

  

  

$

14,000

  

 

 

  

Level 1

 

  

Level 2

 

  

Level 3

 

  

Total

 

As of December 31, 2014

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Derivative assets, gross

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Commodity puts

  

$

-

  

  

$

15,700

  

  

$

-

  

  

$

15,700