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Investment in Laramie Energy, LLC (Tables)
3 Months Ended
Mar. 31, 2019
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, 2019
Beginning balance
$
136,656

Equity earnings from Laramie Energy
(1,372
)
Accretion of basis difference
1,673

Ending balance
$
136,957

Equity Method Investees Financial Information
Summarized financial information for Laramie Energy is as follows (in thousands):
 
March 31, 2019
 
December 31, 2018
Current assets
$
23,886

 
$
28,569

Non-current assets
771,958

 
788,515

Current liabilities
40,016

 
41,681

Non-current liabilities
276,420

 
293,084

 
Three Months Ended March 31,
 
2019
 
2018
Natural gas and oil revenues
$
67,924

 
$
46,681

Income from operations
13,743

 
6,044

Net (loss) income
(2,983
)
 
7,290