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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share amounts) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 659,147 $ 9,372
Accounts receivable 108,368 151,950
Derivative asset 73,978 54,521
Prepaid expenses and other 8,053 8,799
Total current assets 849,546 224,642
Proved oil and gas properties 4,803,068 5,700,418
Less - accumulated depletion, depreciation, and amortization (2,589,204) (2,836,532)
Unproved oil and gas properties 2,483,601 2,471,947
Wells in progress 186,707 235,147
Oil and gas properties held for sale, net 455,943 372,621
Other property and equipment, net of accumulated depreciation of $44,662 and $42,882, respectively 110,005 137,753
Total property and equipment, net 5,450,120 6,081,354
Derivative asset 84,195 67,575
Other noncurrent assets 15,847 19,940
Total other noncurrent assets 100,042 87,515
Total Assets 6,399,708 6,393,511
Liabilities    
Accounts payable and accrued expenses 299,676 299,708
Derivative liability 53,809 115,464
Total current liabilities 353,485 415,172
Revolving credit facility 0 0
Senior Notes, net of unamortized deferred financing costs 2,765,714 2,766,719
Senior Convertible Notes, net of unamortized discount and deferred financing costs 132,889 130,856
Asset retirement obligation 83,160 96,134
Asset retirement obligation associated with oil and gas properties held for sale 16,056 26,241
Deferred income taxes 304,331 315,672
Derivative liability 81,306 98,340
Other noncurrent liabilities 47,252 47,244
Total noncurrent liabilities 3,430,708 3,481,206
Commitments and contingencies (note 6)
Stockholders' equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding; 111,258,225 and 111,257,500 shares, respectively 1,113 1,113
Additional paid-in-capital 1,723,010 1,716,556
Retained earnings 906,515 794,020
Accumulated other comprehensive loss (15,123) (14,556)
Total stockholders' equity 2,615,515 2,497,133
Total Liabilities and Stockholders' Equity $ 6,399,708 $ 6,393,511