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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 288,839 $ 2,848
Accounts receivable, less allowance for doubtful accounts of $3,842 and $5,001 66,772 76,683
Unrealized derivative gain 53,674 123,255
Assets of discontinued operations 16,351 876,304
Inventory and other 11,912 21,352
Deferred tax asset 6,340 0
Total current assets 443,888 1,100,442
Unrealized derivative gain 11,843 0
Equity method investments 139,935 155,105
Natural gas and oil properties, successful efforts method 5,999,665 5,390,391
Accumulated depletion and depreciation (1,447,300) (1,306,378)
Natural gas and oil properties, successful efforts method, net 4,552,365 4,084,013
Transportation and field assets 121,905 134,980
Accumulated depreciation and amortization (64,459) (60,931)
Transportation and field assets, net 57,446 74,049
Other assets 104,430 84,977
Total assets 5,309,907 5,498,586
Current liabilities:    
Accounts payable 246,549 289,109
Asset retirement obligations 4,020 4,020
Accrued liabilities 53,077 60,082
Deferred tax liability 0 11,848
Accrued interest 29,013 32,189
Unrealized derivative loss 0 352
Current liabilities of discontinued operations 19,381 32,962
Total current liabilities 352,040 430,562
Bank debt 0 274,000
Subordinated notes 1,787,398 1,686,536
Deferred tax liability 685,200 672,041
Unrealized derivative loss 4,427 13,412
Deferred compensation liability 159,024 134,488
Asset retirement obligations and other liabilities 76,891 59,885
Long-term liabilities of discontinued operations 0 3,901
Commitments and contingencies    
Stockholders' Equity    
Preferred stock, $1 par, 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par, 475,000,000 shares authorized, 160,998,360 issued at June 30, 2011 and 160,113,608 issued at December 31, 2010 1,610 1,601
Common stock held in treasury, 175,653 shares at June 30, 2011 and 204,556 shares at December 31, 2010 (6,489) (7,512)
Additional paid-in capital 1,848,767 1,820,503
Retained earnings 355,099 341,699
Accumulated other comprehensive income 45,940 67,470
Total stockholders' equity 2,244,927 2,223,761
Total liabilities and stockholders' equity $ 5,309,907 $ 5,498,586