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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Current assets:            
Cash and cash equivalents $ 169,194   $ 10,759 $ 141,655   $ 74,488
Accounts receivable 38,276   48,031      
Fair value of derivative contracts 11,887   38,576      
Current income tax receivable 46,174   46,174      
Other current assets 12,080   6,881      
Total current assets 277,611   150,421      
Oil and gas properties, full cost method of accounting:            
Proved 9,518,245   9,375,898      
Less: accumulated depreciation, depletion and amortization (8,960,440)   (8,603,955)      
Net proved oil and gas properties 557,805   771,943      
Unevaluated 425,204   440,043      
Other property and equipment, net 27,968   29,289      
Other assets, net 28,183   18,473      
Total assets 1,316,771   1,410,169      
Current liabilities:            
Accounts payable to vendors 28,914   82,207      
Undistributed oil and gas proceeds 5,071   5,992      
Accrued interest 9,773   9,022      
Fair value of derivative contracts 37   0      
Asset retirement obligations 33,695   21,291      
Current portion of long-term debt 288,336   0      
Other current liabilities 34,793   40,712      
Total current liabilities 400,619   159,224      
Long-term debt 1,122,901   1,060,955      
Asset retirement obligations 203,661   204,575      
Other long-term liabilities 18,446   25,204      
Total liabilities 1,745,627   1,449,958      
Commitments and contingencies        
Stockholders’ equity:            
Common stock, $.01 par value; authorized 30,000,000 shares; issued 5,592,641 and 5,530,232 shares, respectively 56   55      
Treasury stock (1,658 shares, at cost) (860)   (860)      
Additional paid-in capital 1,654,731   1,648,687      
Accumulated deficit (2,090,168)   (1,705,623)      
Accumulated other comprehensive income 7,385 $ 18,700 17,952 $ 40,700 $ 70,800 $ 83,300
Total stockholders’ equity (428,856)   (39,789)      
Total liabilities and stockholders’ equity $ 1,316,771   $ 1,410,169