Other Liabilities

Other current liabilities as of December 31, 2013 and 2012 are detailed below.



	December 31,
	2013		2012
	($ in millions)
Revenues and royalties due others	$	1,409	$	1,337
Accrued natural gas, oil and NGL drilling and production costs	457		525
Joint interest prepayments received	464		749
Accrued compensation and benefits	320		225
Other accrued taxes	161		130
Accrued dividends	101		101
Other	599		674
Total other current liabilities	$	3,511	$	3,741

Other long-term liabilities as of December 31, 2013 and 2012 are detailed below.



	December 31,
	2013		2012
	($ in millions)
CHK Utica ORRI conveyance obligation^(a)	$	250	$	275
CHK C-T ORRI conveyance obligation^(b)	149		164
Financing obligations^(c)	31		175
Mortgages payable^(d)	—		56
Other	554		506
Total other long-term liabilities	$	984	$	1,176

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(a)	$13 million and $18 million of the total $263 million and $293 million obligations are recorded in other current liabilities as of December 31, 2013 and December 31, 2012, respectively. See Note 8 for further discussion of the transaction.


(b)	$12 million and $14 million of the total $161 million and $178 million obligations are recorded in other current liabilities as of December 31, 2013 and December 31, 2012, respectively. See Note 8 for further discussion of the transaction.

(c)

As of December 31, 2012, this amount consisted primarily of an obligation related to 111 real estate surface properties in the Fort Worth, Texas area that we financed in 2009 for approximately $145 million and for which we entered into a 40-year master lease agreement whereby we agreed to lease the sites for approximately $15 million to $27 million annually. This lease transaction was recorded as a financing lease and the cash received was recorded with an offsetting long-term liability on the consolidated balance sheet. On November 1, 2013, we terminated the financing master lease agreement on the surface properties for $258 million and recorded a loss of approximately $123 million associated with the extinguishment.

(d)

In 2009, we financed our regional Barnett Shale headquarters building in Fort Worth, Texas for net proceeds of approximately $54 million with a five-year term loan which had a floating interest rate of prime plus 275 basis points. In 2013, we prepaid the term loan in full without penalty. As of December 31, 2013, the building was classified as property and equipment held for sale on our consolidated balance sheet.