Annual report pursuant to Section 13 and 15(d)

Financial Instruments, Fair Value, and Concentrations of Credit Risk (Tables)

v3.19.1
Financial Instruments, Fair Value, and Concentrations of Credit Risk (Tables)
12 Months Ended
Dec. 31, 2018
Text Block [Abstract]  
Summary of Fair Value Measurements and Financial Statement Presentation

The fair values of our assets, liabilities, and derivative positions recorded at fair value and their respective levels in the fair value hierarchy as of December 31, 2018 and December 31, 2017, were as follows:

 

    December 31, 2018     December 31, 2018  
    Fair Values of Assets     Fair Values of Liabilities  
In Thousands   Level 1     Level 2     Level 3     Total     Level 1     Level 2     Level 3     Total  

Other items reported at fair value:

               

Forward Purchase Contracts (a)

  $     -       $     1     $     -       $     1     $     -       $     248     $     -       $     248  

Total

  $ -       $ 1     $ -       $ 1     $ -       $ -     $ -       $ -  
(a)

The fair value for forward purchase contracts is estimated based on commodity futures market prices.

 

    December 31, 2017     December 31, 2017  
    Fair Values of Assets     Fair Values of Liabilities  
In Thousands   Level 1     Level 2     Level 3     Total     Level 1     Level 2     Level 3     Total  

Other items reported at fair value:

               

Forward Purchase Contracts (a)

  $     -       $     3     $     -       $     3   $     -       $         4     $     -       $         4  

Total

  $ -       $ 3     $ -       $ 3     $ -       $ -     $ -       $ -  
(a)

The fair value for forward purchase contracts is estimated based on commodity market future prices.