Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

As of June 30, 2022, 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	16.0	Cash flows hedges	June 2024
Sharp	Propane (gallons)	Sales	3.8	Cash flows hedges	March 2023

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

(in thousands)	Balance Sheet Location	June 30, 2022		December 31, 2021
Sharp	Other Accrued Liabilities	$	4,418	$	4,081

Fair Values of Derivative Contracts Recorded in Condensed Consolidated Balance Sheet

June 30, 2022 and December 31, 2021, are as follows: 

	Derivative Assets
		Fair Value As Of
(in thousands)	Balance Sheet Location	June 30, 2022		December 31, 2021
Derivatives not designated as hedging instruments
Propane swap agreements	Derivative assets, at fair value	$	—	$	16
Derivatives designated as cash flow hedges
Propane swap agreements	Derivative assets, at fair value	6,772		7,060
Total Derivative Assets		$	6,772	$	7,076

	Derivative Liabilities
		Fair Value As Of
(in thousands)	Balance Sheet Location	June 30, 2022		December 31, 2021
Derivatives designated as cash flow hedges
Propane swap agreements	Derivative liabilities, at fair value	$	427	$	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 Gain	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(in thousands)	(Loss) on Derivatives	2022		2021		2022		2021
Derivatives not designated as hedging instruments
Propane swap agreements	Unregulated propane and natural gas costs	$	—	$	—	$	56	$	—
Derivatives designated as fair value hedges
Propane put options	Unregulated propane and natural gas costs	—		—		—		(24)
Derivatives designated as cash flow hedges
Propane swap agreements	Revenues	—		—		(826)		—
Propane swap agreements	Unregulated propane and natural gas costs	283		455		3,830		3,502
Propane swap agreements	Other comprehensive income (loss)	(686)		4,319		28		4,548
Interest rate swap agreements	Interest expense	—		22		—		26
Interest rate swap agreements	Other comprehensive income	—		8		—		5
Total		$	(403)	$	4,804	$	3,088	$	8,057