Investment in Laramie Energy, LLC (Tables)

9 Months Ended

Sep. 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):

	Nine Months Ended September 30, 2017
Beginning balance	$	108,823
Equity earnings from Laramie Energy	7,657
Accretion of basis difference	3,994
Ending balance	$	120,474

Equity Method Investees Financial Information

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

	September 30, 2017		December 31, 2016
Current assets	$	12,149	$	12,199
Non-current assets	690,600		655,022
Current liabilities	43,599		58,067
Non-current liabilities	213,517		186,631

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Natural gas and oil revenues	$	38,141		$	31,091		$	114,178		$	68,513
Income (loss) from operations	133			(4,929		)	(162		)	(28,282		)
Net income (loss)	(1,838		)	5,056			18,102			(41,183		)