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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 521 $ 448
Accounts receivable, less allowance for doubtful accounts of $2,961 and $2,719 115,006 188,941
Derivative assets 237,167 363,049
Inventory and other 20,914 17,854
Total current assets 373,608 570,292
Derivative assets 31,654 40,314
Natural gas and oil properties, successful efforts method [1] 10,966,160 10,567,971
Accumulated depletion and depreciation [1] (2,725,802) (2,590,398)
Natural gas and oil properties, successful efforts method, net [1] 8,240,358 7,977,573
Other property and equipment 128,198 127,808
Accumulated depreciation and amortization (95,584) (90,227)
Other Property and equipment, net 32,614 37,581
Other assets 127,697 121,020
Total assets 8,805,931 8,746,780
Current liabilities:    
Accounts payable 206,748 396,942
Asset retirement obligations 17,689 15,067
Accrued liabilities 162,724 187,973
Accrued interest 45,650 39,695
Deferred tax liabilities 73,941 115,587
Total current liabilities 506,752 755,264
Bank debt 364,000 723,000
Senior notes 750,000 0
Subordinated notes 2,350,000 2,350,000
Deferred tax liabilities 999,532 997,494
Derivative liabilities 125  
Deferred compensation liabilities 156,460 178,599
Asset retirement obligations and other liabilities 297,648 284,994
Total liabilities $ 5,424,517 $ 5,289,351
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, 169,356,015 issued at June 30, 2015 and 168,711,131 issued at December 31, 2014 1,693 1,687
Common stock held in treasury, 62,511 shares at June 30, 2015 and 82,954 shares at December 31, 2014 (2,358) (3,088)
Additional paid-in capital 2,428,168 2,400,475
Retained earnings 953,911 1,058,355
Total stockholders’ equity 3,381,414 3,457,429
Total liabilities and stockholders’ equity $ 8,805,931 $ 8,746,780
[1] Includes capitalized asset retirement costs and the associated accumulated amortization.