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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share data) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 643,337 $ 313,943
Accounts receivable 192,562 160,154
Derivative assets 77,296 64,266
Prepaid expenses and other 9,997 10,752
Total current assets 923,192 549,115
Property and equipment (successful efforts method):    
Proved oil and gas properties 5,824,014 6,139,379
Accumulated depletion, depreciation, and amortization (2,893,674) (3,171,575)
Unproved oil and gas properties 1,986,070 2,047,203
Wells in progress 405,549 321,347
Oil and gas properties held for sale, net 234,618 111,700
Other property and equipment, net of accumulated depreciation of $52,483 and $49,985, respectively 112,972 106,738
Total property and equipment, net 5,669,549 5,554,792
Noncurrent assets:    
Derivative assets 35,128 40,362
Other noncurrent assets 32,119 32,507
Total noncurrent assets 67,247 72,869
Total assets 6,659,988 6,176,776
Current liabilities:    
Accounts payable and accrued expenses 468,108 386,630
Derivative liabilities 181,068 172,582
Total current liabilities 649,176 559,212
Noncurrent liabilities:    
Revolving credit facility 0 0
Senior Notes, net of unamortized deferred financing costs 2,770,979 2,769,663
Senior Convertible Notes, net of unamortized discount and deferred financing costs 141,269 139,107
Asset retirement obligations 85,407 103,026
Asset retirement obligations associated with oil and gas properties held for sale 23,139 11,369
Deferred income taxes 178,423 79,989
Derivative liabilities 53,712 71,402
Other noncurrent liabilities 45,786 48,400
Total noncurrent liabilities 3,298,715 3,222,956
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 111,687,016 shares, respectively 1,117 1,117
Additional paid-in capital 1,747,035 1,741,623
Retained earnings 980,444 [1] 665,657
Accumulated other comprehensive loss (16,499) [1] (13,789)
Total stockholders' equity 2,712,097 2,394,608
Total liabilities and stockholders' equity $ 6,659,988 $ 6,176,776
[1] The Company reclassified $3.0 million of tax effects stranded in accumulated other comprehensive loss to retained earnings as of January 1, 2018. Please refer to Note 1 - Summary of Significant Accounting Policies for further detail.