XML 44 R25.htm IDEA: XBRL DOCUMENT v3.2.0.727
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Accounted at Fair Value

The following table presents the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of June 30, 2015 and December 31, 2014 by level within the fair value hierarchy

 


     Level 1      Level 2      Level 3      Total  

June 30, 2015

           

ASSETS:

           

Commodity contracts

     —         $ 3,577,996         —         $ 3,577,996   

LIABILITIES:

           

Commodity contracts

     —         $ 1,345,504         —         $ 1,345,504   

December 31, 2014

           

ASSETS:

           

Commodity contracts

     —         $ 8,230,156         —         $ 8,230,156   

LIABILITIES:

           

Commodity contracts

     —         $ 716,488         —         $ 716,488