Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements

v2.4.0.6
Fair Value Measurements
 3 Months Ended
Mar. 31, 2013
Fair Value Disclosures [Abstract]  
Fair Value Measurements
FAIR VALUE MEASUREMENTS
公司按照FASB ASC 820的公允价值在资产负债表上记录某些金融和非金融资产和负债. FASB ASC 820将公允价值定义为在计量日金沙赌场最新网址参与者之间有序交易中出售资产或转让负债（退出价格）所收到的价格. 该报表将金沙赌场最新网址输入或可观察输入确定为价值的首选来源, 其次金沙赌场是在没有金沙赌场最新网址投入的情况下基于假设交易的假设. 该声明要求公允价值计量按下列类别之一进行分类和披露：
一级-相同资产和负债在活跃金沙赌场最新网址的报价.
Level 2 – Quoted prices in active markets for similar assets and liabilities, 相同或类似金融工具在非活跃金沙赌场最新网址上的报价，以及输入可观察到或重要价值驱动因素可观察到的模型衍生估值.
Level 3 – Significant inputs to the valuation model are unobservable.
金融资产和负债按对公允价值计量具有重要意义的最低投入水平进行分类.
下表按FASB ASC 820的估值水平总结了公司的财务和非金融负债 March 31, 2013:
 
 
As of March 31, 2013
 
Level 1
 
Level 2
 
Level 3
 
(In thousands)
Assets:
 
 
 
 
 
Fixed price swaps
$
—

 
$
343

 
$
—

       Equity investment in Diamondback
212,413

 
—

 
—

Liabilities:
 
 
 
 
 
Fixed price swaps
$
—

 
$
9,689

 
$
—


本公司的固定价格掉期合约的估计公允价值金沙赌场是基于基于报价金沙赌场最新网址价格的远期商品价格, adjusted for differentials. See Note 12 for further discussion of the Company's hedging activities. 公司在Diamondback的股权投资的公允价值估计金沙赌场是基于Diamondback普通股截至年的公开收盘价 March 31, 2013.
公司根据FASB会计准则主题410的规定估计资产退休义务, “Asset Retirement and Environmental Obligations” (“FASB ASC 410”). 资产退休义务的初始计量以公允价值计算，采用贴现现金流技术，并基于对与油气资产相关的未来退休成本的内部估计. Given the unobservable nature of the inputs, including plugging costs and reserve lives, 资产退休义务负债的初始计量被视为使用第三层输入. 关于本公司资产退休义务的进一步讨论见附注3. Asset retirement obligations incurred during the three months ended March 31, 2013 were approximately $0.7 million.