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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities: $ (166,980) $ (29,808)
Net income (loss) (166,980) (29,808)
Adjustments to net income (loss) to reconcile to net cash provided by operating activities:    
Net change in fair value of unsettled derivatives 201,825 76,869
Depreciation, depletion and amortization 204,402 125,926
Allowance for uncollectible notes receivable 44,738 0
Impairment of crude oil and natural gas properties 5,171 7,176
Accretion of asset retirement obligation 3,623 3,148
Stock-based compensation 11,126 9,465
Gain (loss) on sale of properties and equipment 176 (228)
Amortization of debt discount and issuance costs 3,077 3,521
Deferred income taxes (102,319) (22,630)
Non-cash interest income (1,194) (2,247)
Other (93) (402)
Changes in assets and liabilities (5,754) (24,333)
Net cash from operating activities 197,798 146,457
Cash flows from investing activities:    
Capital expenditures (235,707) (358,135)
Proceeds from sale of properties and equipment 4,903 243
Net cash from investing activities (230,804) (357,892)
Cash flows from financing activities:    
Proceeds from revolving credit facility 85,000 272,000
Repayment of revolving credit facility (122,000) (275,000)
Redemption of convertible notes (115,000) 0
Proceeds from sale of common stock, net of issuance costs 296,575 202,851
Other (3,320) (3,106)
Net cash from financing activities 141,255 196,745
Net change in cash and cash equivalents 108,249 (14,690)
Cash and cash equivalents, beginning of period 850 16,066
Cash and cash equivalents, end of period 109,099 1,376
Cash payments (receipts) for:    
Interest, net of capitalized interest 22,462 22,828
Income taxes 167 9,936
Non-cash investing and financing activities:    
Change in accounts payable related to purchases of properties and equipment (28,999) (41,490)
Change in asset retirement obligation, with a corresponding change to natural gas and crude oil properties, net of disposals 843 1,395
Purchase of properties and equipment under capital leases $ 1,074 $ 950