Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 19,273 $ 17,487
Accounts receivable - trade, net of allowance for doubtful accounts of $1,251 in 2013 and 2014 46,532 30,610
Notes receivable - short-term portion 889 2,667
Accrued revenue 139,553 96,825
Derivative instruments 175,286 183,000
Other 5,695 2,975
Total current assets 387,228 333,564
Natural gas properties, at cost (successful efforts method):    
Unproved properties 1,677,642 1,513,136
Proved properties 4,881,002 3,621,672
Fresh water distribution systems 346,851 231,684
Gathering systems and facilities 873,308 584,626
Other property and equipment 34,019 15,757
Property and equipment, gross 7,812,822 5,966,875
Less accumulated depletion, depreciation, and amortization (601,029) (407,219)
Property and equipment, net 7,211,793 5,559,656
Derivative instruments 354,254 677,780
Other assets, net 91,933 42,581
Total assets 8,045,208 6,613,581
Current liabilities:    
Accounts payable 500,774 370,640
Accrued liabilities 116,037 77,126
Revenue distributions payable 154,092 96,589
Deferred income tax liability 71,104 69,191
Derivative instruments 11,907 646
Other 6,800 8,037
Total current liabilities 860,714 622,229
Long-term liabilities:    
Long-term debt 3,370,636 2,078,999
Deferred income tax liability 218,905 278,580
Derivative instruments 30,076  
Other long-term liabilities 41,650 35,113
Total liabilities 4,521,981 3,014,921
Commitments and contingencies      
Stockholders' equity:    
Common stock, $0.01 par value; authorized - 1,000,000,000 shares; issued and outstanding - 262,049,659 shares 2,620 2,620
Preferred stock, $0.01 par value; authorized - 50,000,000 shares; none issued      
Additional paid-in capital 3,463,791 3,402,180
Accumulated earnings 56,816 193,860
Total stockholders' equity 3,523,227 3,598,660
Total liabilities and stockholders' equity $ 8,045,208 $ 6,613,581