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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2015
Income Taxes  
Schedule of components of net deferred tax assets and liabilities

 

 

 

 

 

 

    

As of

 

 

 

December 31, 2014

 

 

    

(in thousands)

 

Deferred tax assets:

 

 

 

 

Property and equipment

 

$

279,955

 

Goodwill

 

 

9,302

 

Net operating loss carryforwards

 

 

180,134

 

Other

 

 

48,372

 

Total gross deferred tax assets

 

$

517,763

 

Less valuation allowance

 

 

(344,740)

 

Net deferred tax assets

 

$

173,023

 

 

 

 

 

 

Deferred tax liabilities:

 

 

 

 

Unrealized gains on derivative instruments, net

 

$

(27,766)

 

Long-term liabilities

 

 

(143,259)

 

Other

 

 

(1,998)

 

Total gross deferred tax liabilities

 

$

(173,023)

 

 

 

 

 

 

Net deferred tax assets

 

$

 —

 

 

 

 

 

 

Current deferred tax assets (liabilities)

 

$

(117,662)

 

Non-current deferred tax assets (liabilities)

 

 

117,662

 

Net deferred tax assets (liabilities)

 

$

 —