Investment in Laramie Energy (Tables)

3 Months Ended

Mar. 31, 2017

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

The change in our equity investment in Laramie Energy is as follows (in thousands):

	Three Months Ended March 31, 2017
Beginning balance	$	108,823
Equity earnings from Laramie	7,415
Accretion of basis difference	1,331
Ending balance	$	117,569

Equity Method Investees Financial Information

Summarized financial information for Laramie Energy is as follows (in thousands):

	March 31, 2017		December 31, 2016
Current assets	$	10,084	$	12,199
Non-current assets	654,719		655,022
Current liabilities	41,336		58,067
Non-current liabilities	181,746		186,631

	Three Months Ended March 31,
	2017		2016
Natural gas and oil revenues	$	40,612	$	14,693
Income (loss) from operations	1,163		(11,124		)
Net income (loss)	17,528		(2,579		)