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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities: $ (71,530) $ 17,062
Net income (loss) (71,530) 17,062
Adjustments to net income (loss) to reconcile to net cash provided by operating activities:    
Net change in fair value of unsettled derivatives 55,770 (16,230)
Depreciation, depletion and amortization 97,388 55,820
Allowance for uncollectible notes receivable 44,738 0
Impairment of crude oil and natural gas properties 1,001 2,772
Accretion of asset retirement obligation 1,812 1,560
Stock-based compensation 4,682 4,368
Gain (loss) on sale of properties and equipment (84) (21)
Amortization of debt discount and issuance costs 1,754 1,751
Deferred income taxes (43,372) 8,534
Non-cash interest income (1,194) (1,112)
Other (8) (568)
Changes in assets and liabilities 10,193 7,941
Net cash from operating activities 101,150 81,877
Cash flows from investing activities:    
Capital expenditures (122,759) (176,111)
Proceeds from sale of properties and equipment 90 24
Net cash from investing activities (122,669) (176,087)
Cash flows from financing activities:    
Proceeds from revolving credit facility 85,000 165,000
Repayment of revolving credit facility (122,000) (221,000)
Proceeds from sale of common stock, net of issuance costs 296,578 202,851
Other (364) (1,213)
Net cash from financing activities 259,214 145,638
Net change in cash and cash equivalents 237,695 51,428
Cash and cash equivalents, beginning of period 850 16,066
Cash and cash equivalents, end of period 238,545 67,494
Cash payments (receipts) for:    
Interest, net of capitalized interest 599 569
Income taxes 0 8,088
Non-cash investing and financing activities:    
Change in accounts payable related to purchases of properties and equipment (23,544) (35,836)
Change in asset retirement obligation, with a corresponding change to natural gas and crude oil properties, net of disposals 404 302
Purchase of properties and equipment under capital leases $ 635 $ 472