Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

As of June 30, 2021, the volume of our commodity derivative contracts were as follows:

Business unit	Commodity	Contract Type	Quantity hedged (in millions)	Designation	Longest Expiration date of hedge
Sharp	Propane (gallons)	Purchases	23.3	Cash flows hedges	June 2024
Sharp	Propane (gallons)	Sales	5.0	Cash flows hedges	March 2022

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

(in thousands)	Balance Sheet Location	June 30, 2021		December 31, 2020
Sharp	Other Current Liabilities	$	4,808	$	1,505

Fair Values of Derivative Contracts Recorded in Condensed Consolidated Balance Sheet

June 30, 2021 and December 31, 2020, are as follows: 

	Derivative Assets
		Fair Value As Of
(in thousands)	Balance Sheet Location	June 30, 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	8,056		3,255
Total asset derivatives		$	8,056	$	3,269

	Derivative Liabilities
		Fair Value As Of
(in thousands)	Balance Sheet Location	June 30, 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	317		64
Interest rate swap agreements	Derivative liabilities, at fair value	34		40
Total liability derivatives		$	351	$	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 June 30,				For the Six Months Ended June 30,
(in thousands)	(Loss) on Derivatives	2021		2020		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	455		238		3,502		1,465
Propane swap agreements	Other comprehensive income	4,319		2,354		4,548		2,363
Interest rate swap agreements	Interest expense	22		11		26		11
Interest rate swap agreements	Other comprehensive income (loss)	8		(51)		5		(51)
Total		$	4,804	$	2,552	$	8,057	$	3,788