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NEW ACCOUNTING STANDARDS (Table)
3 Months Ended
Mar. 31, 2013
Schedule of Accumulated Other Comprehensive Income (Loss)

The following table details the components of AOCI and related tax effects for the three months ended March 31, 2013 and March 31, 2012 (in thousands).

 

2013

2012

 

 

 

 

Gross

Tax Effect

Net of Tax

Gross

Tax Effect

Net of Tax

 

 

 

 

 

 

 

AOCI at beginning of period

137,555

(53,646)

83,909

254,678

(98,051)

$ 156,627

              Derivative contract settlements               reclassified to natural gas,               NGLs and oil sales

(24,328)

9,488

(14,840)

(57,629)

22,187

(35,442)

              Amortization related to de-              designated hedges

(12,172)

4,747

(7,425)

             

Change in unrealized deferred               hedging gains

(9,169)

3,576

(5,593)

131,081

(52,107)

78,974

 

 

 

 

 

 

 

AOCI at March 31

$   91,886

(35,835)

$  56,051

328,130

$ (127,971)

$ 200,159