Annual report pursuant to Section 13 and 15(d)

DERIVATIVES. (Tables)

v3.20.1
DERIVATIVES. (Tables)
 12 Months Ended
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivatives not designated as hedging instruments

Non Designated Derivative Instruments – The classification and amounts of the Company's derivatives not designated as hedging instruments, and related cash collateral balances, are as follows (in thousands):

 

    As of December 31, 2019  
    Assets     Liabilities  
Type of Instrument   Balance Sheet Location   Fair Value     Balance Sheet Location   Fair Value  
Cash collateral balance   Other current assets   $ 615              
Commodity contracts   Derivative assets   $ 2,438     Derivative liabilities   $ 1,860  

 

    As of December 31, 2018  
    Assets     Liabilities  
Type of Instrument   Balance Sheet Location   Fair Value     Balance Sheet Location   Fair Value  
Cash collateral balance   Other current assets   $ 8,479              
Commodity contracts   Derivative assets   $ 1,765     Derivative liabilities   $ 6,309  
Schedule of recognized gains (losses) for derivatives

The classification and amounts of the Company's recognized gains (losses) for its derivatives not designated as hedging instruments are as follows (in thousands):

 

        Realized Losses  
        For the Years Ended
December 31,		  
Type of Instrument   Statements of Operations Location   2019     2018  
                 
Commodity contracts   Cost of goods sold   $ (4,568 )   $ (3,479 )
        $ (4,568 )   $ (3,479 )
                     
        Unrealized Gains (Losses)  
        For the Years Ended
December 31,		  
Type of Instrument   Statements of Operations Location   2019     2018  
                     
Commodity contracts   Cost of goods sold   $ 5,123     $ (3,235 )
        $ 5,123     $ (3,235 )