Other Liabilities

Other current liabilities as of September 30, 2013 and December 31, 2012 are detailed below.



	September 30, 2013		December 31, 2012
	($ in millions)
Revenues and royalties due others	$	1,621	$	1,337
Accrued natural gas, oil and NGL drilling and production costs	417		525
Joint interest prepayments received	472		749
Accrued compensation and benefits	276		225
Other accrued taxes	178		130
Accrued dividends	102		101
Other	559		674
Total other current liabilities	$	3,625	$	3,741

Other long-term liabilities as of September 30, 2013 and December 31, 2012 are detailed below.



	September 30, 2013		December 31, 2012
	($ in millions)
CHK Utica ORRI conveyance obligation^(a)	$	256	$	275
CHK C-T ORRI conveyance obligation^(b)	153		164
Financing obligations^(c)	191		175
Mortgages payable^(d)	—		56
Other	580		506
Total other long-term liabilities	$	1,180	$	1,176

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(a)	$23 million and $18 million of the total $279 million and $293 million obligations are recorded in other current liabilities as of September 30, 2013 and December 31, 2012, respectively. See Note 6 for further discussion of the transaction.


(b)	$10 million and $14 million of the total $163 million and $178 million obligations are recorded in other current liabilities as of September 30, 2013 and December 31, 2012, respectively. See Note 6 for further discussion of the transaction.

(c)

Consists primarily of an obligation related to 111 real estate surface properties in the Fort Worth area that we financed in 2009 for approximately $145 million and we entered into a 40-year master lease agreement under which we agreed to lease the sites for approximately $15 million to $27 million annually. This lease transaction was recorded as a financing lease and the cash received was recorded with an offsetting long-term liability on the condensed consolidated balance sheet. Chesapeake exercised its option to repurchase one of the properties in 2011 and four of the properties in the Current Period. See Note 18 for a discussion of the termination of this lease agreement on November 1, 2013.

(d)

In 2009, we financed our regional Barnett Shale headquarters building in Fort Worth, Texas for net proceeds of approximately $54 million with a five-year term loan which had a floating interest rate of prime plus 275 basis points. In the Current Period, we prepaid the term loan in full without penalty. As of September 30, 2013, the building was classified as property and equipment held for sale on our condensed consolidated balance sheet.