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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 28,310 $ 343,084
Restricted cash 1,607 1,139
Accounts receivable:    
Joint interest owners and other 24,755 14,998
Oil and gas 26,195 21,219
Related parties 1,247 390
Short-term derivative instruments, net 72,081 83,262
Other current assets 18,346 24,234
Total current assets 172,541 488,326
PROPERTY, PLANT AND EQUIPMENT    
Oil and natural gas properties, successful efforts method 2,566,038 2,246,161
Accumulated depreciation, depletion and impairment (338,199) (290,186)
Total oil and natural gas properties, net 2,227,839 1,955,975
Other property, plant and equipment, net 31,413 29,778
Total property, plant, and equipment, net 2,259,252 1,985,753
NONCURRENT ASSETS    
Long-term derivative instruments, net 20,119 25,839
Other noncurrent assets 4,622 5,182
Total noncurrent assets 24,741 31,021
TOTAL ASSETS 2,456,534 2,505,100
CURRENT LIABILITIES    
Accounts payable and accrued expenses 142,856 151,221
Revenue and severance taxes payable 35,584 37,109
Current portion of long-term debt 997 951
Short-term derivative instruments, net 30,610 34,518
Current portion of asset retirement obligations 4,986 4,698
Total current liabilities 215,033 228,497
NONCURRENT LIABILITIES    
Long-term debt 546,817 546,832
Asset retirement obligations 14,079 13,522
Deferred tax liability 53,335 62,962
Payable pursuant to tax receivable agreement 51,504 51,504
Long-term derivative instruments, net 11,981 15,142
Total noncurrent liabilities $ 677,716 $ 689,962
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued and outstanding
Additional paid in capital $ 1,254,809 $ 1,252,020
(Accumulated deficit) retained earnings (8,427) 10,868
Treasury stock, at cost, 106,655 shares and 105,421 at March 31, 2016 and December 31, 2015 (96) (77)
Total stockholders' equity 1,247,967 1,264,492
Noncontrolling interest 315,818 322,149
Total equity 1,563,785 1,586,641
TOTAL LIABILITIES AND EQUITY 2,456,534 2,505,100
Common Stock, Class A    
STOCKHOLDERS' EQUITY    
Common stock 1,360 1,360
Common Stock, Class B    
STOCKHOLDERS' EQUITY    
Common stock $ 321 $ 321