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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net income (loss) $ 170,935,000 $ (54,249,000) $ 215,416,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
(Gain) loss on divestiture activity (27,974,000) 27,018,000 (220,676,000)
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 822,872,000 727,877,000 511,103,000
Exploratory dry hole expense 5,846,000 20,861,000 277,000
Impairment of proved properties 172,641,000 208,923,000 219,037,000
Abandonment and impairment of unproved properties 46,105,000 16,342,000 7,367,000
Stock-based compensation expense 32,347,000 30,185,000 26,824,000
Change in Net Profits Plan liability (21,842,000) (28,904,000) (25,477,000)
Derivative gain (3,080,000) (55,630,000) (37,086,000)
Derivative cash settlement gain (loss) 22,062,000 [1] 44,264,000 [1] (25,671,000) [1]
Amortization of debt discount and deferred financing costs 5,390,000 6,769,000 18,299,000
Deferred income taxes 105,555,000 (29,638,000) 123,789,000
Plugging and abandonment (9,946,000) (2,856,000) (5,849,000)
Other 2,775,000 527,000 (6,027,000)
Changes in current assets and liabilities:      
Accounts receivable (78,494,000) (21,389,000) (41,998,000)
Refundable income taxes (1,266,000) 2,217,000 2,901,000
Prepaid expenses and other 1,364,000 (1,484,000) 16,376,000
Accounts payable and accrued expenses 93,224,000 31,136,000 (18,073,000)
Net cash provided by operating activities 1,338,514,000 921,969,000 760,532,000
Cash flows from investing activities:      
Net proceeds from sale of oil and gas properties 424,849,000 55,375,000 364,522,000
Capital expenditures (1,553,536,000) (1,507,828,000) (1,633,093,000)
Acquisition of proved and unproved oil and gas properties (61,603,000) (5,773,000) 0
Receipts from restricted cash related to 1031 exchange (1,754,000) 0 0
Other (859,000) 893,000 3,661,000
Net cash used in investing activities (1,192,903,000) (1,457,333,000) (1,264,910,000)
Cash flows from financing activities:      
Proceeds from credit facility 1,203,000,000 1,609,000,000 322,000,000
Repayment of credit facility (1,543,000,000) (1,269,000,000) (370,000,000)
Debt issuance costs related to credit facility (3,444,000) 0 (8,719,000)
Net proceeds from Senior Notes 490,185,000 392,138,000 684,242,000
Repayment of 3.50% Senior Convertible Notes 0 (287,500,000) 0
Proceeds from sale of common stock 6,858,000 5,816,000 7,327,000
Dividends paid (6,663,000) (6,511,000) (6,382,000)
Net share settlement from issuance of stock awards (16,220,000) (21,622,000) (9,973,000)
Other (5,000) (225,000) 0
Net cash provided by financing activities 130,711,000 422,096,000 618,495,000
Net change in cash and cash equivalents 276,322,000 (113,268,000) 114,117,000
Cash and cash equivalents at beginning of period 5,926,000 119,194,000 5,077,000
Cash and cash equivalents at end of period 282,248,000 5,926,000 119,194,000
Supplemental schedule of additional cash flow information and noncash investing and financing activities:      
Cash paid for interest, net of capitalized interest (70,702,000) (51,328,000) (22,133,000)
Net cash refunded for income taxes 204,000 1,389,000 4,046,000
Capital expenditures incurred but not yet paid $ 217,820,000 $ 262,800,000 $ 214,800,000
[1] Total derivative cash settlement gain (loss) is reported in the derivative cash settlement gain (loss) line item on the consolidated statements of cash flows within net cash provided by operating activities.