XML 29 R47.htm IDEA: XBRL DOCUMENT v2.4.0.6
Long-Term Debt - Additional Information (Detail) (USD $)
1 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended
Jul. 31, 2012
Jun. 30, 2012
Aug. 31, 2011
Revolving credit facility
Jun. 30, 2012
Revolving credit facility
Jun. 30, 2012
Revolving credit facility
Minimum
Jun. 30, 2012
Revolving credit facility
Maximum
Jun. 30, 2012
Revolving credit facility
After June 30, 2013
Jun. 30, 2012
Revolving credit facility
Group Twelve
Jun. 30, 2012
Revolving credit facility
Group Thirteen
Aug. 31, 2011
Revolving credit facility
Letter of Credit
Jun. 30, 2012
10.375% Senior Unsecured Notes due 2016
Dec. 31, 2011
10.375% Senior Unsecured Notes due 2016
Jun. 30, 2012
10.375% Senior Unsecured Notes due 2016
Semi Annual Payment, First Payment
Jun. 30, 2012
10.375% Senior Unsecured Notes due 2016
Semi Annual Payment, Second Payment
Jun. 30, 2012
10.375% Senior Unsecured Notes due 2016
Group One
Jun. 30, 2012
10.375% Senior Unsecured Notes due 2016
Group Two
Apr. 30, 2011
4.50% Convertible Notes due 2012
Jun. 30, 2012
4.50% Convertible Notes due 2012
Dec. 31, 2011
4.50% Convertible Notes due 2012
Jun. 30, 2012
Previous Revolving Credit Facility
Jun. 30, 2012
7.25% Senior Unsecured Notes due 2019
Jun. 30, 2012
7.25% Senior Unsecured Notes due 2019
Group One
Jun. 30, 2012
7.25% Senior Unsecured Notes due 2019
Group Two
Debt Disclosure [Line Items]                                              
Maximum borrowing capacity     $ 300,000,000             $ 20,000,000                          
Credit facility expiration     August 2016                                        
Optional additional borrowing     600,000,000                                        
BorrowingBaseReduction 70,000,000                                            
Borrowing Base Commitment Description     The Revolver has an accordion feature that allows us to increase the commitment up to the lower of the borrowing base or $600.0 million upon receiving additional commitments from one or more lenders. The Revolver has a borrowing base that is redetermined semi-annually. In April 2012, the bank syndicate supporting the Revolver completed its redetermination and established a borrowing base of $300.0 million. Accordingly, the minimum revolving commitment remained unchanged.                                        
Established borrowing base 230,000,000                                            
Letter of credit amount outstanding                                       1,700,000      
Available borrowing capacity                                       118,300,000      
Credit facility interest rate description       Borrowings under the Revolver bear interest, at our option, at either (i) a rate derived from the London Interbank Offered Rate, as adjusted for statutory reserve requirements for Eurocurrency liabilities (the “Adjusted LIBOR”), plus an applicable margin ranging from 1.500% to 2.500% or (ii) the greater of (a) the prime rate, (b) the federal funds effective rate plus 0.5% or (c) the one-month Adjusted LIBOR plus 1.0%, and, in each case, plus an applicable margin (ranging from 0.500% to 1.500%). The applicable margin is determined based on the ratio of our outstanding borrowings to the available Revolver capacity.                                      
Credit facility interest rate option one, applicable margin rate over Adjusted LIBOR         1.50% 2.50%                                  
Credit facility interest rate option two, base rate over federal funds effective rate       0.50%                                      
Credit facility interest rate option two, base rate over one-month Adjusted LIBOR       1.00%                                      
Credit facility interest rate option two, applicable margin rate         0.50% 1.50%                                  
Commitment fees for undrawn credit facility               0.375% 0.50%                            
Effective interest rate                                   8.50%          
Principal amount                     300,000,000 300,000,000           4,915,000 4,915,000        
Current ratio         1 1                                  
Debt to EBITDAX ratio       4.5000     4                                
Original sale amount, percentage of par                     97.00%                        
Effective yield to maturity                     11.00%                        
Annual interest rate   2.25%                 10.375%             4.50%     7.25%    
Interest payment date                         June 15 December 15                  
Redemption period start                             June 2013 June 2015              
Redemption option, percent of principal                             105.188% 100.00%           103.625% 100.00%
Conversion rate, numerator                                   17.3160000          
Conversion rate, denominator                                   1,000          
Initial conversion price                                   $ 57.75          
Principal amount of Convertible notes tendered                                 225,100,000            
Cash paid to repurchase principal                                 233,000,000            
Tender premium per principal amount                                 35            
Tender offer, principal amount                                 $ 1,000            
Percentage of outstanding debt extinguished                                 98.00%