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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share amounts) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 51 $ 18
Accounts receivable 111,141 134,124
Derivative asset 281,596 367,710
Prepaid expenses and other 12,850 17,137
Total current assets 405,638 518,989
Proved oil and gas properties 6,994,150 7,606,405
Less - accumulated depletion, depreciation, and amortization (3,385,234) (3,481,836)
Unproved oil and gas properties 231,060 284,538
Wells in progress 466,403 387,432
Oil and gas properties held for sale net of accumulated depletion, depreciation and amortization of $288,592 and $0, respectively 152,725 641
Other property and equipment, net of accumulated depreciation of $34,699 and $32,956, respectively 144,675 153,100
Total property and equipment, net 4,603,779 4,950,280
Derivative asset 160,732 120,701
Other noncurrent assets 36,907 31,673
Total other noncurrent assets 197,639 152,374
Total Assets 5,207,056 5,621,643
Liabilities    
Accounts payable and accrued expenses 293,796 302,517
Derivative liability 8,211 8
Other current liabilities 1,150 0
Total current liabilities 303,157 302,525
Revolving credit facility 293,000 202,000
Senior Notes, net of unamortized deferred financing costs (note 5) 2,271,472 2,315,970
Asset retirement obligation 105,329 137,284
Asset retirement obligation associated with oil and gas properties held for sale 33,862 241
Net Profits Plan liability 6,351 7,611
Deferred income taxes 563,105 758,279
Derivative liability 78,514 0
Other noncurrent liabilities 43,850 45,332
Total noncurrent liabilities $ 3,395,483 $ 3,466,717
Commitments and contingencies (note 6)
Stockholders' equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding; 68,077,546 and 68,075,700, respectively $ 681 $ 681
Additional paid-in-capital 312,473 305,607
Retained earnings 1,208,900 1,559,515
Accumulated other comprehensive loss (13,638) (13,402)
Total stockholders' equity 1,508,416 1,852,401
Total Liabilities and Stockholders' Equity $ 5,207,056 $ 5,621,643