XML 55 R38.htm IDEA: XBRL DOCUMENT v3.22.0.1
Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities that are Measured at Fair Value on a Recurring Basis
The Company’s assets and liabilities that are measured at fair value on a recurring basis include the following as of December 31, 2021 and 2020, set forth by level, within the fair value hierarchy:
 
    
December 31, 2021
 
    
Level 1
    
Level 2
    
Level 3
    
Total
 
Interest rate swap derivative liabilities
   $ —        $ (839 )     $ —        $ (839 ) 
Asset retirement obligations
     —          —          (5,301 )       (5,301 ) 
Pico
earn-out
liability
     —          —          (2,721 )       (2,721 ) 
    
 
 
    
 
 
    
 
 
    
 
 
 
     $ —        $ (839 )     $ (8,022 )     $ (8,861 ) 
    
 
 
    
 
 
    
 
 
    
 
 
 
   
    
December 31, 2020
 
    
Level 1
    
Level 2
    
Level 3
    
Total
 
Current commodity derivative asset
   $ —        $ (2,260 )     $ —        $ (2,260 ) 
Asset retirement obligations
     —          —          (5,689 )       (5,689 ) 
Pico
earn-out
liability
     —          —          (1,920 )       (1,920 ) 
    
 
 
    
 
 
    
 
 
    
 
 
 
     $ —        $ (2,260 )     $ (7,609 )     $ (9,869 )