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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net (loss) income $ (1,925,341) $ 30,981
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depletion, depreciation and amortization 152,617 142,995
Impairments 1,306,757 1,659
Gain on sale of assets   (1,375)
Accretion expense 1,439 668
Accrued interest expense and unamortized debt discount 16,817 (5,945)
Amortization of deferred financing costs 16,154 8,624
Non-cash loss (gain) on derivative instruments 62,790 (6,033)
Amortization of option premiums (4,645) (9,774)
Amortization of prepaid expenses 4,907 2,697
Non-cash stock based compensation 1,374  
Other, net 1,060 (72)
Reorganization items, net 431,459  
Working capital and other changes:    
(Increase) decrease in accounts receivable 67,633 (25,084)
(Increase) decrease in other assets 12,901 (3,687)
Decrease in accounts payable, royalties payable and accrued liabilities (7,845) (7,405)
Net cash provided by operating activities 138,077 128,249
Cash flows from investing activities:    
Oil and gas property additions (289,718) (431,494)
Oil and gas property acquisitions   (36,772)
Gas processing equipment additions (1,668) (2,881)
Other asset additions (1,784) (2,122)
Cash received from sale of assets 6,449 15,127
Net cash used by investing activities (286,721) (458,142)
Cash flows from financing activities:    
Borrowings under senior secured revolving credit facility 425,987 364,000
Debt repayments for the senior secured revolving credit facility (24,324) (40,000)
Debt issuance costs (1,110) (154)
Shares repurchased (188)  
Net cash provided by financing activities 400,365 323,846
Net increase (decrease) in cash and cash equivalents 251,721 (6,047)
Cash and cash equivalents, beginning of period 3,252 11,821
Cash and cash equivalents, end of period $ 254,973 $ 5,774