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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Earnings (Loss) per Share) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Earnings Per Share                      
Net earnings (loss) $ 106,219 [1] $ 2,214 [1] $ 33,439 [1] $ (67,948) [1] $ (286,533) [1] $ (458,552) [1] $ (511,173) [1] $ (32,673) [1] $ 73,924 $ (1,288,931) $ 142,829
Less: net earnings attributable to noncontrolling interest                 0 0 (4,987)
Less: net earnings attributable to participating securities                 (2,099) 0 (2,858)
Net earnings (loss) attributable to common stock for basic earnings (loss) per share                 71,825 (1,288,931) 134,984
Adjustment for liability classified stock-based compensation awards                 0 0 (707)
Net earnings (loss) for diluted earnings (loss) per share                 71,825 (1,288,931) 134,277
Weighted Average Number of Shares Outstanding Reconciliation                      
Weighted average common shares outstanding during the period for basic earnings (loss) per share (in shares)                 116,125 114,958 111,690
Dilutive effects of potential common shares (in shares)                 0 0 1,178
Weighted average common shares outstanding during the period, including the effects of dilutive potential common shares, for diluted earnings (loss) per share (in shares)                 116,125 114,958 112,868
Continuing Operations
                     
Earnings Per Share                      
Net earnings (loss)                 73,924 (1,288,931) 98,260
Less: net earnings attributable to noncontrolling interest                 0 0 0
Less: net earnings attributable to participating securities                 (2,099) 0 (2,037)
Net earnings (loss) attributable to common stock for basic earnings (loss) per share                 71,825 (1,288,931) 96,223
Adjustment for liability classified stock-based compensation awards                 0 0 0
Net earnings (loss) for diluted earnings (loss) per share                 71,825 (1,288,931) 96,223
Discontinued Operations
                     
Earnings Per Share                      
Net earnings (loss)                 0 0 44,569
Less: net earnings attributable to noncontrolling interest                 0 0 (4,987)
Less: net earnings attributable to participating securities                 0 0 (821)
Net earnings (loss) attributable to common stock for basic earnings (loss) per share                 0 0 38,761
Adjustment for liability classified stock-based compensation awards                 0 0 (707)
Net earnings (loss) for diluted earnings (loss) per share                 $ 0 $ 0 $ 38,054
[1] Earnings (loss) before income taxes and net earnings (loss) have been impacted by non-cash ceiling test write-downs in every quarter of 2012 and the fourth quarter of 2013, as discussed in Note 1, and are also subject to large fluctuations due to Forest’s election not to use cash flow hedge accounting for derivative instruments as discussed in Note 9. Also impacting the fourth quarter of 2013 is a $193.0 million net gain on the Panhandle divestiture, as discussed in Note 2.