Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value, Liabilities Measured on Recurring Basis

The following table is a listing of the Company’s assets and liabilities that are measured at fair value and where they were classified within the fair value hierarchy as of December 31, 2016 and December 31, 2015 (in thousands):



	Successor
	December 31, 2016
	Level 1		Level 2		Level 3
Commodity derivative liability, net(1)	$	—	$	4,950	$	—

	Predecessor
	December 31, 2015
	Level 1		Level 2		Level 3
Commodity derivative asset, net(1)	$	—	$	21,113	$	—

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details