XML 65 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements on a Recurring Basis (Tables) (Linn Energy, LLC [Member])
3 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2013
Jun. 30, 2013
Dec. 31, 2012
Linn Energy, LLC [Member]
     
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value, Measurement Inputs, Disclosure
The following presents the fair value hierarchy for assets and liabilities measured at fair value on a recurring basis:
 
March 31, 2013
 
Level 2
 
Netting (1)
 
Total
 
(in thousands)
Assets:
 
 
 
 
 
Commodity derivatives
$
1,034,866

 
$
(340,530
)
 
$
694,336

Liabilities:
 
 
 
 
 
Commodity derivatives
$
352,259

 
$
(340,530
)
 
$
11,729

 
December 31, 2012
 
Level 2
 
Netting (1)
 
Total
 
(in thousands)
Assets:
 
 
 
 
 
Commodity derivatives
$
1,282,390

 
$
(401,479
)
 
$
880,911

Liabilities:
 
 
 
 
 
Commodity derivatives
$
405,619

 
$
(401,479
)
 
$
4,140

(1)
Represents counterparty netting under agreements governing such derivatives.
The following presents the fair value hierarchy for assets and liabilities measured at fair value on a recurring basis:
 
June 30, 2013
 
Level 2
 
Netting (1)
 
Total
 
(in thousands)
Assets:
 
 
 
 
 
Commodity derivatives
$
1,181,540

 
$
(228,276
)
 
$
953,264

Liabilities:
 
 
 
 
 
Commodity derivatives
$
230,908

 
$
(228,276
)
 
$
2,632

 
December 31, 2012
 
Level 2
 
Netting (1)
 
Total
 
(in thousands)
Assets:
 
 
 
 
 
Commodity derivatives
$
1,282,390

 
$
(401,479
)
 
$
880,911

Liabilities:
 
 
 
 
 
Commodity derivatives
$
405,619

 
$
(401,479
)
 
$
4,140

(1)
Represents counterparty netting under agreements governing such derivatives.
The following presents the fair value hierarchy for assets and liabilities measured at fair value on a recurring basis:
 
 
Fair Value Measurements on a Recurring Basis
December 31, 2012
 
 
Level 2
 
Netting (1)
 
Total
 
 
(in thousands)
Assets:
 
 
 
 
 
 
Commodity derivatives
 
$
1,282,390

 
$
(401,479
)
 
$
880,911

Liabilities:
 
 
 
 
 
 
Commodity derivatives
 
$
405,619

 
$
(401,479
)
 
$
4,140

(1) 
Represents counterparty netting under agreements governing such derivatives.