Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Taxes [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

		Year Ended December 31,
		2013		2012		2011
	(In thousands)
Current:
Federal		$	-	$	-	$	-
State			-		-		-
Total current		$	-	$	-	$	-
Deferred:
Federal		$	(47,723)	$	(28,719)	$	(14,468)
State			(1,964)		(1,181)		(354)
Total deferred		$	(49,687)	$	(29,900)	$	(14,822)
Total:
Federal		$	(47,723)	$	(28,719)	$	(14,468)
State			(1,964)		(1,181)		(354)
Total provision for income taxes.		$	(49,687)	$	(29,900)	$	(14,822)

Schedule of Effective Income Tax Rate Reconciliation

	Percentage of Pretax Earnings
	Year Ended December 31,
	2013			2012			2011
Expected statutory federal income tax rate		35.0	%		35.0	%	35.0	%
State taxes		1.4			1.4		2.3
State tax rate changes		-			(2.7)		(1.7)
Statutory depletion		(0.3)			(0.4)		(1.0)
Other		0.7			0.4		1.2
Effective income tax rate		36.8	%		33.7	%	35.8	%

Schedule of Deferred Tax Assets and Liabilities

	December 31,
	2013		2012
	(In thousands)
Deferred tax assets:
Federal and state net operating loss carryforwards	$	62,015	$	62,130
Fair value of commodity derivative instruments		11,578		3,912
Restricted stock awards and options		3,843		2,313
Percentage depletion carryforward		5,003		4,575
Accruals and other		1,130		2,613
Deferred tax asset		83,569		75,543
Deferred tax liabilities:
Property, plant and equipment, principally due to differences in depreciation	$	193,191	$	136,016
Fair value of commodity derivative instruments		182		214
Prepaid assets		1,482		1,778
Accruals and other		2,577		1,907
Deferred tax liabilities		197,432		139,915
Net deferred tax liability		113,863		64,372
Reflected in accompanying balance sheets as:
Current deferred asset		8,949		3,322
Non-current deferred liability		122,812		67,694
Total net deferred tax liability	$	113,863	$	64,372