Investment in Laramie Energy, LLC (Tables)

6 Months Ended

Jun. 30, 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):

	Six Months Ended June 30, 2017
Beginning balance	$	108,823
Equity earnings from Laramie Energy	8,436
Accretion of basis difference	2,662
Ending balance	$	119,921

Equity Method Investees Financial Information

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

	June 30, 2017		December 31, 2016
Current assets	$	10,865	$	12,199
Non-current assets	667,583		655,022
Current liabilities	39,909		58,067
Non-current liabilities	192,737		186,631

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Natural gas and oil revenues	$	35,425		$	22,729		$	76,037		$	37,422
Loss from operations	(1,458		)	(12,229		)	(295		)	(23,353		)
Net income (loss)	2,412			(43,660		)	19,940			(46,239		)