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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income (loss) $ (2,239,643) $ (326,720) $ 10,577
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depletion, depreciation and amortization 182,417 189,516 137,068
Impairments 1,576,728 423,092 1,125
Gain on sale of assets   (1,375)  
Accretion expense 1,930 958 952
Deferred tax expense 3,087 34,987  
Accrued interest expense and unamortized debt discount 16,667 9,257 10,328
Amortization of deferred financing costs 16,154 11,341 9,587
Non-cash loss (gain) on derivative instruments 62,790 (125,226) 46,545
Amortization of option premiums (4,645) (7,216) (1,171)
Amortization of prepaid expenses 6,770 2,912 4,787
Non-cash stock based compensation 1,772 1,041  
Other, net (762) (72) (249)
Reorganization items, net 434,800    
Working capital and other changes:      
(Increase) decrease in accounts receivable 85,006 26,286 (38,195)
Increase in other assets (11,681) (16,192) (7,248)
Increase (decrease) in liabilities 3,019 (13,388) 43,092
Net cash provided by operating activities 134,409 209,201 217,198
Cash flows from investing activities:      
Oil and natural gas property additions (332,771) (548,841) (360,080)
Oil and natural gas property acquisitions   (36,772)  
Cash received in Forest acquisition   134,887  
Cash received from insurance proceeds     604
Gas processing equipment additions (1,497) (2,988) (4,014)
Other asset additions (1,877) (2,242) (2,075)
Cash received from sale of assets 6,749 17,342 171,756
Net cash used in investing activities (329,396) (438,614) (193,809)
Cash flows from financing activities:      
Borrowings under senior secured revolving credit facility 425,987 1,209,835 193,000
Borrowings under second lien term loan     153,500
Debt repayments for the senior secured revolving credit facility (24,324) (969,835) (348,000)
Debt issuance costs (1,110) (19,156) (6,261)
Shares repurchased (181)    
Distributions     (10,000)
Net cash provided by (used in) financing activities 400,372 220,844 (17,761)
Net increase (decrease) in cash and cash equivalents 205,385 (8,569) 5,628
Cash and cash equivalents, beginning of period 3,252 11,821 6,193
Cash and cash equivalents, end of period 208,637 3,252 11,821
Supplemental cash flow information      
Cash paid for interest, net of interest capitalized 60,073 $ 96,701 $ 76,701
Cash paid for reorganization items $ 24,038