XML 23 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 313,943 $ 9,372
Accounts receivable 160,154 151,950
Derivative assets 64,266 54,521
Prepaid expenses and other 10,752 8,799
Total current assets 549,115 224,642
Proved oil and gas properties 6,139,379 5,700,418
Less - accumulated depletion, depreciation, and amortization (3,171,575) (2,836,532)
Unproved oil and gas properties 2,047,203 2,471,947
Wells in progress 321,347 235,147
Oil and gas properties held for sale, net 111,700 372,621
Other property and equipment, net of accumulated depreciation of $49,985 and $42,882, respectively 106,738 137,753
Total property and equipment, net 5,554,792 6,081,354
Derivative assets 40,362 67,575
Other noncurrent assets 32,507 19,940
Total other noncurrent assets 72,869 87,515
Total assets 6,176,776 6,393,511
LIABILITIES    
Accounts payable and accrued expenses 386,630 299,708
Derivative liabilities 172,582 115,464
Total current liabilities 559,212 415,172
Revolving credit facility 0 0
Senior Notes, net of unamortized deferred financing costs 2,769,663 2,766,719
Senior Convertible Notes, net of unamortized discount and deferred financing costs 139,107 130,856
Asset retirement obligations 103,026 96,134
Asset retirement obligations associated with oil and gas properties held for sale 11,369 26,241
Deferred income taxes 79,989 315,672
Derivative liabilities 71,402 98,340
Other noncurrent liabilities 48,400 47,244
Total noncurrent liabilities 3,222,956 3,481,206
Commitments and contingencies (note 6)
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 111,687,016 and 111,257,500 shares, respectively 1,117 1,113
Additional paid-in capital 1,741,623 1,716,556
Retained earnings 665,657 794,020
Accumulated other comprehensive loss (13,789) (14,556)
Total stockholders' equity 2,394,608 2,497,133
Total liabilities and stockholders' equity $ 6,176,776 $ 6,393,511