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Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments [Table Text Block]
As of March 31, 2022, the volume of our commodity derivative contracts were as follows:

Business unitCommodityContract Type Quantity hedged (in millions)DesignationLongest Expiration date of hedge
SharpPropane (gallons)Purchases15.5Cash flows hedgesJune 2024
SharpPropane (gallons)Sales3.8Cash flows hedgesMarch 2023
Schedule of Due to (from) Broker-Dealers and Clearing Organizations [Table Text Block]
(in thousands)Balance Sheet LocationMarch 31, 2022December 31, 2021
SharpOther Accrued Liabilities$3,669 $4,081 
Fair Values of Derivative Contracts Recorded in Condensed Consolidated Balance Sheet March 31, 2022 and December 31, 2021, are as follows: 
 Derivative Assets
  Fair Value As Of
(in thousands)Balance Sheet LocationMarch 31, 2022December 31, 2021
Derivatives not designated as hedging instruments
Propane swap agreementsDerivative assets, at fair value$ $16 
Derivatives designated as cash flow hedges
Propane swap agreementsDerivative assets, at fair value7,516 7,060 
Total Derivative Assets$7,516 $7,076 
 
 Derivative Liabilities
  Fair Value As Of
(in thousands)Balance Sheet LocationMarch 31, 2022December 31, 2021
Derivatives designated as cash flow hedges
Propane swap agreementsDerivative liabilities, at fair value$484 $743 
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 GainFor the Three Months Ended March 31,
(in thousands)(Loss) on Derivatives20222021
Derivatives not designated as hedging instruments
Propane swap agreementsUnregulated propane and natural gas costs$56 $— 
Derivatives designated as fair value hedges
Propane put optionsUnregulated propane and natural gas costs (24)
Derivatives designated as cash flow hedges
Propane swap agreementsRevenues(826)— 
Propane swap agreementsUnregulated propane and natural gas costs3,547 3,047 
Propane swap agreementsOther comprehensive income (loss)714 229 
Interest rate swap agreements
Interest expense 
Interest rate swap agreementsOther comprehensive income (loss) (3)
Total$3,491 $3,253