Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2013
Assets and Liabilities Required to be Measured at Fair Value on Recurring Basis

The following is a listing of Resolute’s commodity derivative assets and liabilities required to be measured at fair value on a recurring basis and where they are classified within the hierarchy as of December 31, 2013 and December 31, 2012 (in thousands):

 

     Level 2  

Description

   December 31, 2013      December 31, 2012  

Assets

     

Derivative instruments, current

   $ 1,378       $ 8,523   

Other long term assets

             475   
  

 

 

    

 

 

 

Total assets

   $ 1,378       $ 8,998   
  

 

 

    

 

 

 

Liabilities

     

Derivative instruments, current

   $ 11,955       $ 31,847   

Other long term liabilities

             8,204   
  

 

 

    

 

 

 

Total liabilities

   $ 11,955       $ 40,051