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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities:    
Net income $ 203,910 $ 68,373
Adjustments to reconcile net income to net cash provided from operating activities:    
Loss (gain) from equity method investments, net of distributions 3,096 (1,552)
Deferred income tax expense 136,928 50,314
Depletion, depreciation and amortization and impairment 287,034 235,837
Exploration dry hole costs 1 (159)
Abandonment and impairment of unproved properties 19,327 34,374
Derivative fair value loss (income) 170,959 (37,885)
Cash settlements on derivative financial instruments that do not qualify for hedge accounting (130,762) (21,384)
Allowance for bad debt 250 250
Amortization of deferred financing costs, loss on extinguishment of debt and other 29,812 16,662
Deferred and stock-based compensation 47,912 63,325
Gain on the sale of assets (281,711) (83,121)
Changes in working capital:    
Accounts receivable 1,275 (2,143)
Inventory and other (6,872) 1,545
Accounts payable 20,115 (10,381)
Accrued liabilities and other (59,751) (34,166)
Net cash provided from operating activities 441,523 279,889
Investing activities:    
Additions to natural gas and oil properties (546,354) (592,692)
Additions to field service assets (5,119) (2,033)
Acreage purchases (110,471) (27,449)
Equity method investments 1,103 1,885
Proceeds from disposal of assets 146,140 296,068
Purchases of marketable securities held by the deferred compensation plan (11,251) (20,213)
Proceeds from the sales of marketable securities held by the deferred compensation plan 13,343 16,342
Net cash used in investing activities (512,609) (328,092)
Financing activities:    
Borrowing on credit facilities 1,175,000 893,000
Repayment on credit facilities (1,195,000) (1,323,000)
Issuance of subordinated notes   750,000
Repayment of subordinated notes (312,000) (259,063)
Dividends paid (13,114) (13,057)
Debt issuance costs   (12,324)
Issuance of common stock, net of offering expenses 396,662 343
Change in cash overdrafts 4,679 (1,155)
Proceeds from the sales of common stock held by the deferred compensation plan 14,803 13,491
Net cash provided from financing activities 71,030 48,235
(Decrease) increase in cash and cash equivalents (56) 32
Cash and cash equivalents at beginning of period 348 252
Cash and cash equivalents at end of period $ 292 $ 284