XML 19 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current assets:        
Cash and cash equivalents $ 28,441 $ 31,610 $ 23,473 $ 245,979
Accounts receivable, net of allowance for doubtful accounts of $1,195 and $1,320 at December 31, 2016 and December 31, 2017, respectively 34,896 29,682    
Accrued revenue 300,122 261,960    
Derivative instruments 460,685 73,022    
Other current assets 8,943 6,313    
Total current assets 833,087 402,587    
Natural gas properties, at cost (successful efforts method):        
Unproved properties 2,266,673 2,331,173    
Proved properties 11,096,462 9,549,671    
Water handling and treatment systems 946,670 744,682    
Gathering systems and facilities 2,050,490 1,723,768    
Other property and equipment 57,429 41,231    
Property and equipment, gross 16,417,724 14,390,525    
Less accumulated depletion, depreciation, and amortization (3,182,171) (2,363,778)    
Property and equipment, net 13,235,553 12,026,747    
Derivative instruments 841,257 1,731,063    
Investments in unconsolidated affiliates 303,302 68,299    
Other assets 48,291 26,854    
Total assets 15,261,490 14,255,550    
Current liabilities:        
Accounts payable 62,982 38,627    
Accrued liabilities 443,225 393,803    
Revenue distributions payable 209,617 163,989    
Derivative instruments 28,476 203,635    
Other current liabilities 17,796 17,334    
Total current liabilities 762,096 817,388    
Long-term liabilities:        
Long-term debt 4,800,090 4,703,973    
Deferred income tax liability 779,645 950,217    
Derivative instruments 207 234    
Other liabilities 43,316 55,160    
Total liabilities 6,385,354 6,526,972    
Equity:        
Common stock, $0.01 par value; authorized - 1,000,000 shares; 314,877 shares and 316,379 shares issued and outstanding at December 31, 2016 and 2017, respectively 3,164 3,149    
Additional paid-in capital 6,570,952 5,299,481    
Accumulated earnings 1,575,065 959,995    
Total stockholders' equity 8,149,181 6,262,625    
Noncontrolling interest in consolidated subsidiary 726,955 1,465,953    
Total equity 8,876,136 7,728,578 $ 7,286,678 $ 5,473,830
Total liabilities and equity $ 15,261,490 $ 14,255,550