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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income (loss) $ (206,886) $ 28,994
Adjustments:    
Depreciation, depletion and amortization 36,780 29,109
Increase (Decrease) in Deferred Income Taxes 39,106 10,649
Equity in earnings of unconsolidated ventures (11,538) (3,965)
Distributions of earnings of unconsolidated ventures 7,343 2,817
Share-based compensation 5,531 4,523
Real estate cost of sales 33,575 59,251
Dry hole and unproved leasehold impairment charges 46,722 11,541
Real estate development and acquisition expenditures, net (81,055) (82,864)
Reimbursements from utility and improvement districts 8,285 8,554
Other changes in real estate 338 3,148
Changes in deferred income (191) 102
Asset Impairment Charges 91,146 94
Gain on sale of assets (265) (27,977)
Other 2,243 1,603
Changes in:    
Notes and accounts receivable 9,395 (6,300)
Prepaid expenses and other 3,106 4,232
Accounts payable and other accrued liabilities (2,300) (3,249)
Income taxes 3,625 (3,876)
Net cash provided by (used for) operating activities (15,040) 36,386
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, equipment, software, reforestation and other (10,882) (13,583)
Oil and gas properties and equipment (47,043) (65,661)
Payments to Acquire Interest in Joint Venture 0 20,155
Investment in unconsolidated ventures (23,908) (5,016)
Proceeds from Sales of Assets, Investing Activities 13,571 19,885
Return of investment in unconsolidated ventures 7,783 1,601
Net cash used for investing activities (60,479) (82,929)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Secured Notes Payable 0 241,947
Payments of debt (7,527) (222,468)
Additions to debt 7,105 17,169
Deferred financing fees (153) (3,114)
Distributions to noncontrolling interests, net (703) (1,070)
Purchase of noncontrolling interests 0 (7,971)
Exercise of stock options 31 1,197
Payroll taxes on issuance of stock-based awards (722) (1,024)
Excess income tax benefit from share-based compensation 1 176
Net cash provided by (used for) financing activities (1,968) 24,842
Net decrease in cash and cash equivalents (77,487) (21,701)
Cash and cash equivalents at beginning of period 170,127 192,307
Cash and cash equivalents at end of period $ 92,640 $ 170,606