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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 382 $ 471
Accounts receivable, less allowance for doubtful accounts of $4,722 and $4,994 81,418 123,842
Derivative assets 43,250 281,544
Inventory and other 20,662 33,217
Total current assets 145,712 439,074
Derivative assets 813 7,218
Natural gas and oil properties, successful efforts method [1] 9,005,011 8,996,336
Accumulated depletion and depreciation [1] (2,864,358) (2,635,031)
Natural gas and oil properties, successful efforts method, net [1] 6,140,653 6,361,305
Other property and equipment 111,095 110,013
Accumulated depreciation and amortization (94,606) (90,558)
Other Property and equipment, net 16,489 19,455
Other assets 76,512 72,979
Total assets 6,380,179 6,900,031
Current liabilities:    
Accounts payable 92,081 117,346
Asset retirement obligations 15,071 15,071
Accrued liabilities 179,812 188,028
Accrued interest 32,000 30,139
Derivative liabilities 20,649 1,136
Total current liabilities 339,613 351,720
Bank debt   86,427
Senior notes 738,616 738,101
Senior subordinated notes 1,828,345 1,826,775
Deferred tax liabilities 606,482 777,947
Derivative liabilities 19,243 21
Deferred compensation liabilities 127,090 104,792
Asset retirement obligations and other liabilities 255,863 254,590
Total liabilities 3,915,252 4,140,373
Commitments and contingencies 0
Stockholders’ Equity    
Preferred stock, $1 par, 10,000,000 shares authorized, none issued and outstanding 0
Common stock, $0.01 par, 475,000,000 shares authorized, 170,081,406 issued at June 30, 2016 and 169,375,743 issued at December 31, 2015 1,701 1,693
Common stock held in treasury, 45,511 shares at June 30, 2016 and 59,283 shares at December 31, 2015 (1,733) (2,245)
Additional paid-in capital 2,470,814 2,442,623
Retained earnings (deficit) (5,855) 317,587
Total stockholders’ equity 2,464,927 2,759,658
Total liabilities and stockholders’ equity $ 6,380,179 $ 6,900,031
[1] Includes capitalized asset retirement costs and the associated accumulated amortization.