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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues and other income        
Oil, natural gas, and related product sales $ 591,099,000 $ 488,028,000 $ 1,097,291,000 $ 818,914,000
CO2 sales and transportation fees 5,343,000 4,690,000 10,267,000 9,187,000
Gain on sale of interests in Genesis 0 (28,000) 0 101,540,000
Interest income and other income 4,955,000 4,520,000 8,004,000 6,390,000
Total revenues and other income 601,397,000 497,210,000 1,115,562,000 936,031,000
Expenses        
Lease operating expenses 129,932,000 127,743,000 257,029,000 223,963,000
Production taxes and marketing expenses 39,688,000 38,100,000 72,439,000 57,417,000
CO2 discovery and operating expenses 1,869,000 1,681,000 4,023,000 3,049,000
General and administrative 30,900,000 31,192,000 74,746,000 63,901,000
Interest, net of amounts capitalized 42,249,000 43,483,000 91,026,000 69,899,000
Depletion, depreciation, and amortization 103,495,000 129,209,000 197,089,000 211,081,000
Derivatives expense (income) (172,904,000) (128,674,000) (2,154,000) (169,899,000)
Loss on early extinguishment of debt 348,000 0 16,131,000 0
Transaction and other costs 2,018,000 22,784,000 4,377,000 67,783,000
Total expenses 177,595,000 265,518,000 714,706,000 527,194,000
Income (loss) before income taxes 423,802,000 231,692,000 400,856,000 408,837,000
Income tax provision (benefit)        
Current income taxes 12,028,000 6,941,000 11,180,000 7,610,000
Deferred income taxes 152,528,000 74,422,000 144,620,000 150,694,000
Consolidated net income (loss) 259,246,000 150,329,000 245,056,000 250,533,000
Less: net income attributable to noncontrolling interest 0 (14,962,000) 0 (18,278,000)
Net income (loss) attributable to Denbury stockholders $ 259,246,000 $ 135,367,000 $ 245,056,000 $ 232,255,000
Net income (loss) per common share        
Basic $ 0.65 $ 0.34 $ 0.62 $ 0.67
Diluted $ 0.64 $ 0.34 $ 0.61 $ 0.66
Weighted average common shares outstanding        
Basic 398,631,000 395,548,000 398,032,000 345,126,000
Diluted 403,919,000 400,867,000 403,703,000 350,326,000