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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Schedule of assets and liabilities measured at fair value on a recurring basis during the applicable period
The following assets and liabilities were measured at fair value on a recurring basis during the applicable period:
 
 
 
 
Fair value measurements at reporting date using
Description
 
As of March 31, 2017
 
Quoted prices in
active markets for
identical assets
(Level 1)
 
Significant
other observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
 
(Thousands)
Assets
 
 

 
 

 
 

 
 

Derivative instruments, at fair value
 
$
59,391

 
$

 
$
59,391

 
$

Liabilities
 
 
 
 
 
 
 
 
Derivative instruments, at fair value
 
$
136,462

 
$

 
$
136,462

 
$


 
 
 
 
Fair value measurements at reporting date using
Description
 
As of December 31, 2016
 
Quoted prices in
active markets for
identical assets
(Level 1)
 
Significant
other observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
 
(Thousands)
Assets
 
 

 
 

 
 

 
 

Trading securities
 
$
286,396

 
$

 
$
286,396

 
$

Derivative instruments, at fair value
 
$
33,053

 
$

 
$
33,053

 
$

Liabilities
 
 

 
 

 
 

 
 

Derivative instruments, at fair value
 
$
257,943

 
$

 
$
257,943

 
$