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Fair Value (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured At Fair Value
The following tables set forth information about the Company’s assets and liabilities measured at fair value on a recurring basis as of March 31, 2014 and December 31, 2013, and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value (in thousands):

 
 
Significant
Other
Observable
Inputs
 (Level 2)
 
 
 
Balance March 31, 2014
 
Assets:
 
 
 
 
 
Fixed Price Derivative contracts
 
$
765

 
$
765

 
Total Assets
 
$
765

 
$
765

 
Liabilities:
 
 

 
 

 
Fixed Price Derivative contracts
 
$
5,370

 
$
5,370

 
Total Liabilities
 
$
5,370

 
$
5,370

 

 
 
Significant
Other
Observable
Inputs
 (Level 2)
 
 
 
Balance December 31, 2013
 
Assets:
 
 
 
 
 
Fixed Price Derivative contracts
 
$
1,010

 
$
1,010

 
Total Assets
 
$
1,010

 
$
1,010

 
Liabilities:
 
 

 
 

 
Fixed Price Derivative contracts
 
$
5,002

 
$
5,002

 
Total Liabilities
 
$
5,002

 
$
5,002