XML 37 R23.htm IDEA: XBRL DOCUMENT

Investments (Tables)

6 Months Ended

Jun. 30, 2017

Equity Method Investments and Joint Ventures [Abstract]

Cost and Equity Method Investments

investments at the dates indicated:



(in thousands)	June 30, 2017				December 31, 2016
Advantage Joint Venture ⁽¹⁾	$	68,891			$	—
White Cliffs Interest	10,677				11,151
Total Investments	$	79,568			$	11,151

Investment Income

The following table presents our investment income for the periods indicated:



	Three Months Ended June 30,								Six Months Ended June 30,
(in thousands)	2017				2016				2017				2016
Advantage Joint Venture ⁽¹⁾	$	405			$	—			$	405			$	—
White Cliffs Interest	1,119				1,146				2,184				2,439
Other ⁽²⁾	117				—				117				—
Total Investment Income	$	1,641			$	1,146			$	2,706			$	2,439


⁽¹⁾	Includes the amortization of acquisition related expenses.


⁽²⁾	Represents income associated with our fee for serving as the operator of the Advantage Joint Venture. The fee totals approximately $0.7 million per year.

Equity Method Investments

Summarized, 100% combined balance sheet financial information for the Advantage Joint Venture at the date indicated:



(in thousands)	June 30, 2017
Current Assets	$	4,036
Noncurrent Assets	131,294
Current Liabilities	$	1,275

Summarized, 100% combined statement of operations information for the Advantage Joint Venture for the period indicated:



(in thousands)	Six Months Ended June 30, 2017
Operating Revenues	$	3,088
Operating Expenses	2,242
Net Income	$	846