Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2016

Fair Value Disclosures [Abstract]

Assets Measured at Fair Value on a Recurring Basis

Information for assets measured at fair value at June 30, 2016 and December 31, 2015 was as follows:

	Level 1		Level 2		Level 3		Total
As of June 30, 2016
Derivative assets, gross
Commodity puts	$	-	$	14,500	$	-	$	14,500

	Level 1		Level 2		Level 3		Total
As of December 31, 2015
Derivative assets, gross
Commodity puts	$	-	$	45,000	$	-	$	45,000