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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 109,099 $ 850
Cash and Cash Equivalents, at Carrying Value 109,099 850
Accounts receivable, net 107,350 104,274
Fair value of derivatives 98,839 221,659
Prepaid expenses and other current assets 3,847 5,266
Total current assets 319,135 332,049
Properties and equipment, net 1,930,595 1,940,552
Fair value of derivatives 12,745 44,387
Other assets 9,195 53,555
Total Assets 2,271,670 2,370,543
Current liabilities:    
Accounts payable 64,234 92,613
Production tax liability 19,261 26,524
Fair value of derivatives 22,824 1,595
Funds held for distribution 49,965 29,894
Current portion of long-term debt 0 112,940
Accrued interest payable 8,557 9,057
Other accrued expenses 22,358 28,709
Total current liabilities 187,199 301,332
Long-term debt 492,997 529,437
Deferred income taxes 41,133 143,452
Asset retirement obligation 81,583 84,032
Fair value of derivatives 26,830 695
Other liabilities 17,363 24,398
Total liabilities 847,105 1,083,346
Commitments and contingent liabilities
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, 46,210,022 and 40,174,776 issued as of March 31, 2016 and December 31, 2015, respectively 472 402
Additional paid-in capital 1,211,876 907,382
Retained earnings 213,442 380,422
Treasury shares - at cost, 20,836 and 20,220 as of March 31, 2016 and December 31, 2015, respectively (1,225) (1,009)
Total shareholders' equity 1,424,565 1,287,197
Total Liabilities and Shareholders' Equity $ 2,271,670 $ 2,370,543