Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 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 December 31, 2015 and 2014, respectively by level within the fair value hierarchy

	Level 1		Level 2		Level 3		Total
December 31, 2015
ASSETS:
Commodity contracts		—	$	5,841,395		—	$	5,841,395
LIABILITIES:
Commodity contracts		—	$	1,727,720		—	$	1,727,720
December 31, 2014
ASSETS:
Commodity contracts		—	$	8,230,156		—	$	8,230,156
LIABILITIES:
Commodity contracts		—	$	716,488		—	$	716,488