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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash $ 67,494us-gaap_Cash $ 16,066us-gaap_Cash
Cash and Cash Equivalents, at Carrying Value 67,494us-gaap_CashAndCashEquivalentsAtCarryingValue 16,066us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 98,151us-gaap_ReceivablesNetCurrent 131,204us-gaap_ReceivablesNetCurrent
Fair value of derivatives 203,869us-gaap_DerivativeInstrumentsAndHedges 187,495us-gaap_DerivativeInstrumentsAndHedges
Prepaid expenses and other current assets 5,205us-gaap_PrepaidExpenseAndOtherAssetsCurrent 5,954us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 374,719us-gaap_AssetsCurrent 340,719us-gaap_AssetsCurrent
Properties and equipment, net 1,881,003us-gaap_OilAndGasPropertySuccessfulEffortMethodNet 1,800,186us-gaap_OilAndGasPropertySuccessfulEffortMethodNet
Assets held for sale - non-current 2,874us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent 2,874us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
Fair value of derivatives 112,525us-gaap_DerivativeInstrumentsAndHedgesNoncurrent 112,819us-gaap_DerivativeInstrumentsAndHedgesNoncurrent
Other assets 83,979us-gaap_OtherAssetsNoncurrent 83,990us-gaap_OtherAssetsNoncurrent
Total Assets 2,455,100us-gaap_Assets 2,340,588us-gaap_Assets
Current liabilities:    
Accounts payable 96,277us-gaap_AccountsPayableCurrent 130,321us-gaap_AccountsPayableCurrent
Production tax liability 21,541pdce_ProductionTaxLiabilityCurrent 21,314pdce_ProductionTaxLiabilityCurrent
Fair value of derivatives 404us-gaap_DerivativeInstrumentsAndHedgesLiabilities 570us-gaap_DerivativeInstrumentsAndHedgesLiabilities
Funds held for distribution 31,428pdce_FundsHeldForDistribution 27,186pdce_FundsHeldForDistribution
Accrued interest payable 20,170us-gaap_InterestPayableCurrent 9,109us-gaap_InterestPayableCurrent
Deferred income taxes 64,077us-gaap_DeferredTaxLiabilitiesCurrent 59,174us-gaap_DeferredTaxLiabilitiesCurrent
Other accrued expenses 15,826us-gaap_OtherAccruedLiabilitiesCurrent 62,717us-gaap_OtherAccruedLiabilitiesCurrent
Total current liabilities 249,723us-gaap_LiabilitiesCurrent 310,391us-gaap_LiabilitiesCurrent
Long-term debt 609,951us-gaap_LongTermDebtNoncurrent 664,923us-gaap_LongTermDebtNoncurrent
Deferred income taxes 129,323us-gaap_DeferredTaxLiabilitiesNoncurrent 125,693us-gaap_DeferredTaxLiabilitiesNoncurrent
Asset retirement obligation 72,148us-gaap_AssetRetirementObligationsNoncurrent 71,992us-gaap_AssetRetirementObligationsNoncurrent
Fair value of derivatives 212us-gaap_DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent 197us-gaap_DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent
Other liabilities 33,513us-gaap_OtherLiabilitiesNoncurrent 30,033us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 1,094,870us-gaap_Liabilities 1,203,229us-gaap_Liabilities
Commitments and contingent liabilities      
Shareholders' Equity:    
Preferred shares - par value $0.01 per share, 50,000,000 shares authorized,none issued 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common shares - par value $0.01 per share, 150,000,000 authorized, 40,022,529 and 35,927,985 issued as of March 31, 2015 and December 31, 2014, respectively 400us-gaap_CommonStockValue 359us-gaap_CommonStockValue
Additional paid-in capital 895,257us-gaap_AdditionalPaidInCapital 689,209us-gaap_AdditionalPaidInCapital
Retained earnings 465,764us-gaap_RetainedEarningsAccumulatedDeficit 448,702us-gaap_RetainedEarningsAccumulatedDeficit
Treasury shares - at cost, 26,811 and 21,643 as of March 31, 2015 and December 31, 2014, respectively (1,191)us-gaap_TreasuryStockValue (911)us-gaap_TreasuryStockValue
Total shareholders' equity 1,360,230us-gaap_StockholdersEquity 1,137,359us-gaap_StockholdersEquity
Total Liabilities and Shareholders' Equity $ 2,455,100us-gaap_LiabilitiesAndStockholdersEquity $ 2,340,588us-gaap_LiabilitiesAndStockholdersEquity