Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of disaggregation of revenue

The following table displays revenue disaggregated by type of revenue and product type (in thousands):

	For the Three Months Ended March 31, 2018
	Production		Midstream		Total
Revenues:
Natural gas sales	$	473	$	—	$	473
Oil sales		3,462		—		3,462
Natural gas liquid sales		595		—		595
Gathering and transportation sales		—		1,688		1,688
Gathering and transportation lease revenues		—		12,318		12,318
Total revenues	$	4,530	$	14,006	$	18,536

Accounting Standards Update 2014-09

Schedule of cumulative effect of adoption of ASC 606

In accordance with the new revenue standard requirements, the disclosure of the impact of adoption on our condensed consolidated statement of operations is as follows (in thousands):

	For the Three Months Ended March 31, 2018
	As reported		Balances without Adoption Topic 606		Effect of change Higher/(Lower)
Statement of Operations
Gathering and transportation sales	$	1,688	$	14,006	$	(12,318)
Gathering and transportation lease revenues		12,318		—		12,318
Net earnings	$	14,006	$	14,006	$	—