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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 449 $ 458
Accounts receivable, less allowance for doubtful accounts of $3,004 and $3,004 286,491 252,642
Derivative assets 8,111 23,332
Other current assets 13,581 13,408
Total current assets 308,632 289,840
Derivative assets 21,242 16,680
Natural gas properties, successful efforts method 9,853,906 9,751,114 [1]
Accumulated depletion and depreciation (4,150,811) (4,064,305) [1]
Natural gas and oil properties, successful efforts method, net 5,703,095 5,686,809 [1]
Other property and equipment 80,365 79,878
Accumulated depreciation and amortization (76,228) (75,717)
Other Property and equipment, net 4,137 4,161
Operating lease right-of-use assets 58,199 63,581
Other assets 79,355 75,865
Total assets 6,174,660 6,136,936
Current liabilities:    
Accounts payable 160,323 132,421
Asset retirement obligations 6,689 6,689
Accrued liabilities 311,469 348,333
Accrued interest 45,125 54,742
Derivative liabilities 38,319 26,707
Divestiture contract obligation 88,132 92,593
Current maturities of long-term debt [2] 45,377 45,356
Total current liabilities 695,434 706,841
Bank debt 116,074 693,123
Senior notes 2,921,750 2,329,745
Senior subordinated notes 17,393 17,384
Deferred tax liabilities 137,810 135,267
Derivative liabilities 5,959 9,746
Deferred compensation liabilities 107,001 81,481
Operating lease liabilities 38,026 43,155
Asset retirement obligations and other liabilities 87,549 91,157
Divestiture contract obligation 383,816 391,502
Total liabilities 4,510,812 4,499,401
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, 259,595,233 issued at March 31, 2021 and 256,353,887 issued at December 31, 2020 2,596 2,563
Common stock held in treasury, 10,004,683 shares at March 31, 2021 and 10,005,795 shares at December 31, 2020 (30,085) (30,132)
Additional paid-in capital 5,683,428 5,684,268
Accumulated other comprehensive loss (409) (479)
Retained deficit (3,991,682) (4,018,685)
Total stockholders’ equity 1,663,848 1,637,535
Total liabilities and stockholders’ equity $ 6,174,660 $ 6,136,936
[1] Includes capitalized asset retirement costs and the associated accumulated amortization.
[2] As of March 31, 2021, current maturities includes $45.4 million principal amount of our 5.75% senior and senior subordinated notes due 2021