XML 19 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,655 $ 8,238 [1]
Restricted cash 2,315 11,070 [1]
Accounts receivable, net 64,019 59,923 [1]
Accounts receivable affiliates 9,534 8,518 [1]
Fair value of derivatives 74,778 60,809 [1]
Prepaid expenses and other current assets 7,672 24,492 [1]
Total current assets 159,973 173,050 [1]
Properties and equipment, net 1,329,460 1,301,716 [1]
Assets held for sale 0 148,249 [1]
Fair value of derivatives 36,751 41,175 [1]
Accounts receivable affiliates 2,147 2,836 [1]
Other assets 37,238 30,979 [1]
Total Assets 1,565,569 1,698,005 [1]
Current liabilities:    
Accounts payable 56,152 76,027 [1]
Accounts payable affiliates 11,682 10,176 [1]
Production tax liability 19,170 18,949 [1]
Fair value of derivatives 30,513 27,974 [1]
Funds held for distribution 30,093 28,594 [1]
Accrued interest payable 5,069 11,243 [1]
Other accrued expenses 12,583 22,083 [1]
Total current liabilities 165,262 195,046 [1]
Long-term debt 414,809 532,157 [1]
Deferred income taxes 198,082 207,573 [1]
Asset retirement obligations 45,172 46,316 [1]
Fair value of derivatives 25,815 21,106 [1]
Accounts payable affiliates 5,207 6,134 [1]
Other liabilities 29,990 25,561 [1]
Total liabilities 884,337 1,033,893 [1]
Commitments and contingent liabilities       [1]
Shareholders' Equity:    
Preferred shares, par value $0.01 per share; authorized 50,000,000 shares; issued: none 0 0 [1]
Common shares, par value $0.01 per share, authorized 100,000,000 shares; issued: 23,659,339 in 2012 and 23,634,958 in 2011 237 236 [1]
Additional paid-in capital 219,139 217,707 [1]
Retained earnings 462,115 446,280 [1]
Treasury shares, at cost: 6,944 in 2012 and 2,938 in 2011 (259) (111) [1]
Total shareholders' equity 681,232 664,112 [1]
Total Liabilities and Equity $ 1,565,569 $ 1,698,005 [1]
[1] Derived from audited 2011 balance sheet.