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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues and other income:        
Natural gas, NGLs and oil sales $ 477,517 $ 437,678 $ 1,049,534 $ 835,917
Derivative fair value (loss) income (24,109) 137,760 (170,959) 37,885
Gain on the sale of assets 282,064 83,287 281,711 83,121
Brokered natural gas, marketing and other 30,052 14,631 62,580 35,672
Total revenues and other income 765,524 673,356 1,222,866 992,595
Costs and expenses:        
Direct operating 34,935 32,636 74,730 62,824
Transportation, gathering and compression 76,809 66,048 150,970 128,464
Production and ad valorem taxes 10,844 11,113 22,522 22,496
Brokered natural gas and marketing 34,775 16,662 68,904 38,977
Exploration 13,621 13,068 28,467 29,848
Abandonment and impairment of unproved properties 9,332 19,156 19,327 34,374
General and administrative 56,888 101,987 106,100 186,045
Deferred compensation plan 10,519 (6,878) 8,484 35,482
Interest expense 45,488 45,071 90,889 87,281
Loss on early extinguishment of debt 24,596 12,280 24,596 12,280
Depletion, depreciation and amortization 133,361 119,995 262,043 235,096
Impairment of proved properties and other assets 24,991 741 24,991 741
Total costs and expenses 476,159 431,879 882,023 873,908
Income from operations before income taxes 289,365 241,477 340,843 118,687
Income tax expense (benefit)        
Current (1) (25) 5  
Deferred 117,977 97,519 136,928 50,314
Total income tax expense (benefit) 117,976 97,494 136,933 50,314
Net income $ 171,389 $ 143,983 $ 203,910 $ 68,373
Net income per common share:        
Basic $ 1.04 $ 0.88 $ 1.24 $ 0.42
Diluted $ 1.04 $ 0.88 $ 1.24 $ 0.42
Dividends paid per common share $ 0.04 $ 0.04 $ 0.08 $ 0.08
Weighted average common shares outstanding:        
Basic 161,909 160,565 161,354 160,346
Diluted 162,813 161,414 162,323 161,223