XML 67 R55.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurements (Assets and Liabilities Measured on Recurring Basis) (Details) - Recurring - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] $ 335,095 $ 177,467 $ 63,516
Provisionally price contracts [2] 3,335 (29,025) (27,731)
Convertible preferred securities [3] 11,066 8,849 8,654
Other assets and liabilities [4] (7,694) (18,086) (27,212)
Total 341,802 139,205 17,227
Level 1      
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] 122,877 51,369 11,951
Provisionally price contracts [2] 28,469 19,793 (5,190)
Convertible preferred securities [3] 0 0 0
Other assets and liabilities [4] 4,171 7,972 4,998
Total 155,517 79,134 11,759
Level 2      
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] 212,218 126,098 51,565
Provisionally price contracts [2] (25,134) (48,818) (22,541)
Convertible preferred securities [3] 0 0 0
Other assets and liabilities [4] (11,865) (26,058) (32,210)
Total 175,219 51,222 (3,186)
Level 3      
Assets and liabilities measured at fair value on a recurring basis      
Commodity derivatives, net [1] 0 0 0
Provisionally price contracts [2] 0 0 0
Convertible preferred securities [3] 11,066 8,849 8,654
Other assets and liabilities [4] 0 0 0
Total $ 11,066 $ 8,849 $ 8,654
[1] Includes associated cash posted/received as collateral
[2] Included in "Provisionally priced contracts" are those instruments based only on underlying futures values (Level 1) and delayed price contracts (Level 2)
[3] Recorded in “Other assets, net” on the Company’s Condensed Consolidated Balance Sheets related to certain available for sale securities.
[4] Included in other assets and liabilities are assets held by the Company to fund deferred compensation plans and foreign exchange derivative contracts (Level 1), as well as interest rate derivatives (Level 2).