Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments (Tables)

v3.19.2
Derivative Instruments (Tables)
6 Months Ended
Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Derivative Financial Instruments by Balance Sheet Location The following table sets forth the fair value of the Company's commodity contract derivatives and amounts that offset within the Condensed Consolidated Balance Sheets:
   
June 30, 2019
 
December 31, 2018
   
Assets
 
Liabilities
 
Assets
 
Liabilities
Gross amounts of derivatives recognized at fair value
$
1,121

 
$
3,371

 
$
11,843

 
$
1,799

Cash collateral
8,330

 

 
3,755

 

Total gross amount recognized
9,451

 
3,371

 
15,598

 
1,799

Gross amounts offset
(3,371
)
 
(3,371
)
 
(1,799
)
 
(1,799
)
Net amount reported in the condensed consolidated balance sheets
$
6,080

 
$

 
$
13,799

 
$

Summary of Derivative Financial Instruments by Location of Gain (Loss)
The following table sets forth the commodity contract derivatives gains and (losses) included in the Condensed Consolidated Statements of Operations:
   
Location of Gain (Loss)
Recognized in income
 
Three Months 
 Ended 
 June 30, 
 2019
 
Three Months 
 Ended 
 June 30, 
 2018
 
Six Months 
 Ended 
 June 30, 
 2019
 
Six Months 
 Ended 
 June 30, 
 2018
Commodity derivatives
Cost of goods sold – Biomass-based diesel
 
$
(5,571
)
 
$
(12,909
)
 
$
(28,310
)
 
$
(15,347
)