Fair Value Measurement (Tables)

6 Months Ended

Jan. 31, 2014

Schedule of fair value assets and liabilities

The following table presents Ferrellgas’ financial assets and financial liabilities that are measured at fair value on a recurring basis for each of the fair value hierarchy levels, including both current and noncurrent portions, as of January 31, 2014 and July 31, 2013:

	Asset (Liability)
	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)			Unobservable Inputs (Level 3)		Total
January 31, 2014:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	2,171		$	—	$	2,171
Propane commodity derivatives	$	—	$	14,333		$	—	$	14,333
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(6,003	)	$	—	$	(6,003	)
July 31, 2013:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	3,783		$	—	$	3,783
Propane commodity derivatives	$	—	$	2,532		$	—	$	2,532
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(4,998	)	$	—	$	(4,998	)
Propane commodity derivatives	$	—	$	(907	)	$	—	$	(907	)

Ferrellgas, L.P. [Member]

Schedule of fair value assets and liabilities

The following table presents Ferrellgas L.P.’s financial assets and financial liabilities that are measured at fair value on a recurring basis for each of the fair value hierarchy levels, including both current and noncurrent portions, as of January 31, 2014 and July 31, 2013:

	Asset (Liability)
	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)			Unobservable Inputs (Level 3)		Total
January 31, 2014:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	2,171		$	—	$	2,171
Propane commodity derivatives	$	—	$	14,333		$	—	$	14,333
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(6,003	)	$	—	$	(6,003	)
July 31, 2013:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	3,783		$	—	$	3,783
Propane commodity derivatives	$	—	$	2,532		$	—	$	2,532
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(4,998	)	$	—	$	(4,998	)
Propane commodity derivatives	$	—	$	(907	)	$	—	$	(907	)