XML 32 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended9 Months Ended2 Months Ended
Sep. 30, 2010
Sep. 30, 2011
Mar. 05, 2010
Predecessors
Cash flows from operating activities   
Net income$ 35,612$ 10,677$ 21,736
Adjustments to reconcile net income to cash provided by operations   
Depreciation, depletion and amortization10,88220,4824,164
Stock-based compensation9871,184808
Amortization of deferred loan costs5,3391,2782,094
Change in fair value of derivative financial instruments(32,804)6,471(21,573)
Litigation reserve 6,031 
Gain (loss) on sale of assets131(12,385) 
(Gain) on forgiveness of debt (1,647) 
Loss from investment in affiliates 859 
Other non-cash changes to net income111562 
Change in assets and liabilities   
Receivables5,0211,494777
Payables1,312(2,806)743
Other(506)(2,725)468
Cash flows from operating activities26,08529,4759,217
Cash flows from investing activities   
Restricted cash33128(1)
Proceeds from sale of equity securities 1,634 
Investment in affiliate (6,864) 
Proceeds from sale of oil and gas properties11010,706 
Equipment, development, leasehold and pipeline(20,588)(23,398)(2,282)
Cash flows from investing activities(20,147)(17,894)(2,283)
Cash flows from financing activities   
Proceeds from issuance of preferred stock and warrants60,000  
Proceeds from debt2,1003,000900
Repayment of debt(88,976)(15,319)(41)
Proceeds from stock option exercise 66 
Refinancing and equity offering costs(6,477)  
Cash flows from financing activities(33,353)(12,253)859
Net increase (decrease) in cash(27,415)(672)7,793
Cash and equivalents-beginning of period28,67773020,884
Cash and equivalents-end of period$ 1,262$ 58$ 28,677