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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities:    
Net income $ 350,328 $ 87,551
Adjustments to reconcile net income to net cash provided from operating activities:    
Loss (gain) from equity method investments, net of distributions 3,096 (1,174)
Deferred income tax expense 230,450 62,180
Depletion, depreciation and amortization and impairment 429,484 373,192
Exploration dry hole costs 1 3,904
Abandonment and impairment of unproved properties 32,771 46,066
Derivative fair value loss 28,902 2,470
Cash settlements on derivative financial instruments that do not qualify for hedge accounting (113,859) (28,335)
Allowance for bad debt 250 250
Amortization of deferred financing costs, loss on extinguishment of debt and other 31,430 19,735
Deferred and stock-based compensation 15,486 74,187
Gain on the sale of assets (281,878) (89,129)
Changes in working capital:    
Accounts receivable 13,098 6,508
Inventory and other (5,335) 3,259
Accounts payable (13,355) (29,234)
Accrued liabilities and other (65,931) (28,564)
Net cash provided from operating activities 654,938 502,866
Investing activities:    
Additions to natural gas and oil properties (867,285) (907,813)
Additions to field service assets (9,492) (4,326)
Acreage purchases (145,543) (70,187)
Equity method investments 1,103 3,799
Proceeds from disposal of assets 147,126 311,748
Purchases of marketable securities held by the deferred compensation plan (23,053) (23,729)
Proceeds from the sales of marketable securities held by the deferred compensation plan 25,206 19,375
Net cash used in investing activities (871,938) (671,133)
Financing activities:    
Borrowing on credit facilities 1,682,000 1,310,000
Repayment on credit facilities (1,533,000) (1,622,000)
Issuance of subordinated notes   750,000
Repayment of subordinated notes (312,000) (259,063)
Dividends paid (19,862) (19,593)
Debt issuance costs   (12,448)
Issuance of common stock, net of offering expenses 396,580 343
Change in cash overdrafts (12,305) 4,704
Proceeds from the sales of common stock held by the deferred compensation plan 15,707 16,327
Net cash provided from financing activities 217,120 168,270
Increase in cash and cash equivalents 120 3
Cash and cash equivalents at beginning of period 348 252
Cash and cash equivalents at end of period $ 468 $ 255