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Consolidated Balance Sheets (Audited) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 850 $ 16,066
Accounts receivable, net 104,274 131,204
Derivative Instruments and Hedges, Assets 221,659 187,495
Prepaid expenses and other current assets 5,266 5,954
Total current assets 332,049 340,719
Properties and equipment, net 1,937,678 1,827,454
Assets Held-for-sale 2,874 2,874
Fair value of derivatives 44,387 112,819
Other assets 53,555 47,274
Total Assets 2,370,543 2,331,140
Current liabilities:    
Accounts payable 92,613 130,321
Production tax liability 26,524 21,314
Fair value of derivatives 1,595 570
Funds held for distribution 29,894 27,186
Current portion of long-term debt 112,940 0
Accrued interest payable 9,057 9,109
Other accrued expenses 28,709 62,717
Total current liabilities 301,332 251,217
Long-term debt 529,437 655,475
Deferred income taxes 143,452 184,867
Asset retirement obligations 84,032 71,992
Fair value of derivatives 695 197
Other liabilities 24,398 30,033
Total liabilities 1,083,346 1,193,781
Shareholders' Equity:    
Preferred shares - par value $0.01 per share, 50,000,000 shares authorized,none issued 0 0
Common shares - par value $0.01 per share, 150,000,000 authorized, 40,174,776 and 35,927,985 issued as of December 31, 2015 and 2014, respectively 402 359
Additional paid-in capital 907,382 689,209
Retained earnings 380,422 448,702
Treasury shares - at cost, 20,220 and 21,643 as of December 31, 2015 and 2014, respectively (1,009) (911)
Total shareholders' equity 1,287,197 1,137,359
Total Liabilities and Shareholders' Equity $ 2,370,543 $ 2,331,140