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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 517 $ 546
Accounts receivable, less allowance for doubtful accounts of $3,004 and $8,784 182,698 272,900
Derivative assets 5,264 136,848
Other current assets 20,668 17,508
Total current assets 209,147 427,802
Derivative assets 15,062 706
Natural gas properties, successful efforts method [1] 9,646,901 10,213,737
Accumulated depletion and depreciation [1] (3,975,930) (4,172,702)
Natural gas and oil properties, successful efforts method, net [1] 5,670,971 6,041,035
Other property and equipment 79,632 102,083
Accumulated depreciation and amortization (75,203) (96,708)
Other Property and equipment, net 4,429 5,375
Operating lease right-of-use assets 43,763 62,053
Other assets 69,526 75,432
Total assets 6,012,898 6,612,403
Current liabilities:    
Accounts payable 84,554 155,341
Asset retirement obligations 2,103 2,393
Accrued liabilities 310,376 356,392
Accrued interest 31,680 39,299
Derivative liabilities 53,408 13,119
Divestiture contract obligation 102,665 0
Current maturities of long-term debt [2] 45,334 0
Total current liabilities 630,120 566,544
Bank debt 696,172 464,319
Senior notes 2,328,585 2,659,844
Senior subordinated notes 17,375 48,774
Deferred tax liabilities 62,319 160,196
Derivative liabilities 31,503 949
Deferred compensation liabilities 69,927 64,070
Operating lease liabilities 32,238 41,068
Asset retirement obligations and other liabilities 98,359 259,151
Divestiture contract obligation 383,796 0
Total liabilities 4,350,394 4,264,915
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, 256,232,010 issued at September 30, 2020 and 251,438,936 issued at December 31, 2019 2,562 2,514
Common stock held in treasury, 10,005,795 shares at September 30, 2020 and 1,808,133 shares at December 31, 2019 (30,131) (7,236)
Additional paid-in capital 5,679,197 5,659,832
Accumulated other comprehensive loss (574) (788)
Retained deficit (3,988,550) (3,306,834)
Total stockholders’ equity 1,662,504 2,347,488
Total liabilities and stockholders’ equity $ 6,012,898 $ 6,612,403
[1] Includes capitalized asset retirement costs and the associated accumulated amortization.
[2] As of September 30, 2020, current maturities includes $45.4 million principal amount of our 5.75% senior and senior subordinated notes due 2021