Annual report pursuant to Section 13 and 15(d)

8. DERIVATIVES (Tables)

v3.6.0.2
8. DERIVATIVES (Tables)
 12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives not designated as hedging instruments

  As of December 31, 2016  
  Assets          Liabilities    
Type of Instrument   Balance Sheet Location   Fair
Value		     Balance Sheet Location   Fair
Value		  
Commodity contracts   Derivative assets   $ 978     Derivative liabilities   $ 4,115  
        $ 978          $ 4,115  

 

 

  As of December 31, 2015  
  Assets          Liabilities    
Type of Instrument   Balance Sheet Location   Fair
Value		     Balance Sheet Location   Fair
Value		  
Commodity contracts   Derivative assets   $ 2,081     Derivative liabilities   $ 1,848  
        $ 2,081          $ 1,848  

 
Recognized gains (losses) on Derivatives

    Realized Gains (Losses)  
      For the Years Ended December 31,  
Type of Instrument   Statements of Operations Location   2016     2015     2014  
Commodity contracts   Cost of goods sold   $ 1,386     $ (338 )   $ (1,144 )
        $ 1,386     $ (338 )   $ (1,144 )

 

     

Unrealized Gains (Losses)

  
      For the Years Ended December 31,  
Type of Instrument   Statements of Operations Location   2016     2015     2014  
Commodity contracts   Cost of goods sold   $ (3,370 )   $ (204 )   $ 336  
        $ (3,370 )   $ (204 )   $ 336