Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

As of March 31, 2021, the volume of our commodity derivative contracts were as follows:

Business unit	Commodity	Quantity hedged (in millions)	Designation	Longest Expiration date of hedge
Sharp	Propane (gallons)	18.2	Cash flows hedges	March 2024

Schedule of Due to (from) Broker-Dealers and Clearing Organizations [Table Text Block]

(in thousands)	Balance Sheet Location	March 31, 2021		December 31, 2020
Sharp	Other Current Liabilities	$	1,060	$	1,505

Fair Values of Derivative Contracts Recorded in Condensed Consolidated Balance Sheet

March 31, 2021 and December 31, 2020, are as follows: 

	Derivative Assets
		Fair Value As Of
(in thousands)	Balance Sheet Location	March 31, 2021		December 31, 2020
Derivatives designated as fair value hedges
Propane put options	Derivative assets, at fair value	$	—	$	14
Derivatives designated as cash flow hedges
Propane swap agreements	Derivative assets, at fair value	3,462		3,255
Total asset derivatives		$	3,462	$	3,269

	Derivative Liabilities
		Fair Value As Of
(in thousands)	Balance Sheet Location	March 31, 2021		December 31, 2020
Derivatives designated as fair value hedges
Propane put options	Derivative liabilities, at fair value	$	—	$	23
Derivatives designated as cash flow hedges
Propane swap agreements	Derivative liabilities, at fair value	42		64
Interest rate swap agreements	Derivative liabilities, at fair value	42		40
Total liability derivatives		$	84	$	127

Effects of Gains and Losses from Derivative Instruments on Condensed Consolidated Financial Statements

The effects of gains and losses from derivative instruments on the condensed consolidated financial statements are as follows:

		Amount of Gain (Loss) on Derivatives:
	Location of Gain	For the Three Months Ended March 31,
(in thousands)	(Loss) on Derivatives	2021		2020
Derivatives designated as fair value hedges
Propane put options	Cost of sales	$	(24)	$	—
Derivatives designated as cash flow hedges
Propane swap agreements	Cost of sales	3,047		1,227
Propane swap agreements	Other comprehensive income (loss)	229		9
Interest rate swap agreements	Interest expense	4		—
Interest rate swap agreements	Other comprehensive income (loss)	(3)		—
Total		$	3,253	$	1,236