Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net income (loss) including noncontrolling interest $ 399,171us-gaap_ProfitLoss $ (94,759)us-gaap_ProfitLoss
Adjustment to reconcile net income (loss) to net cash provided by operating activities:    
Depletion, depreciation, amortization, and accretion 182,700ar_DepletionDepreciationAndAmortization 91,508ar_DepletionDepreciationAndAmortization
Impairment of unproved properties 8,577us-gaap_ImpairmentOfOilAndGasProperties 1,397us-gaap_ImpairmentOfOilAndGasProperties
Derivative fair value (gains) losses 759,554us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet (248,929)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
Cash receipts (payments) for settled derivatives 184,840ar_PaymentsForProceedsFromSettledDerivativeInstrumentsOperatingActivities (1,071)ar_PaymentsForProceedsFromSettledDerivativeInstrumentsOperatingActivities
Deferred income taxes expense (benefit) 247,338us-gaap_DeferredIncomeTaxExpenseBenefit (40,662)us-gaap_DeferredIncomeTaxExpenseBenefit
Equity-based compensation expense 27,783us-gaap_ShareBasedCompensation 29,137us-gaap_ShareBasedCompensation
Other 1,602us-gaap_OtherNoncashExpense 3,182us-gaap_OtherNoncashExpense
Changes in current assets and liabilities:    
Accounts receivable (42,207)us-gaap_IncreaseDecreaseInAccountsReceivable 3,360us-gaap_IncreaseDecreaseInAccountsReceivable
Accrued revenue 25,654ar_IncreaseDecreaseInAccruedRevenue (48,850)ar_IncreaseDecreaseInAccruedRevenue
Other current assets 1,607us-gaap_IncreaseDecreaseInOtherOperatingAssets (96)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable (513)us-gaap_IncreaseDecreaseInAccountsPayable (5,718)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued liabilities 72,588us-gaap_IncreaseDecreaseInAccruedLiabilities 47,976us-gaap_IncreaseDecreaseInAccruedLiabilities
Revenue distributions payable 1,103ar_IncreaseDecreaseInRevenueDistributionsPayable 39,974ar_IncreaseDecreaseInRevenueDistributionsPayable
Other current liabilities 705us-gaap_IncreaseDecreaseInOtherCurrentLiabilities  
Net cash provided by operating activities 351,394us-gaap_NetCashProvidedByUsedInOperatingActivities 274,307us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows used in investing activities:    
Additions to unproved properties (51,541)us-gaap_PaymentsToAcquireOilAndGasProperty (60,149)us-gaap_PaymentsToAcquireOilAndGasProperty
Drilling and completion costs (569,068)us-gaap_PaymentsToExploreAndDevelopOilAndGasProperties (496,221)us-gaap_PaymentsToExploreAndDevelopOilAndGasProperties
Additions to fresh water distribution systems (22,126)us-gaap_PaymentsToAcquireWaterSystems (60,030)us-gaap_PaymentsToAcquireWaterSystems
Additions to gathering systems and facilities (125,988)us-gaap_PaymentsToAcquireOilAndGasEquipment (107,523)us-gaap_PaymentsToAcquireOilAndGasEquipment
Additions to other property and equipment (2,103)us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment (7,783)us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment
Change in other assets (8,410)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (3,807)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Proceeds from asset sales 40,000us-gaap_ProceedsFromSaleOfProductiveAssets  
Net cash used in investing activities (739,236)us-gaap_NetCashProvidedByUsedInInvestingActivities (735,513)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Issuance of common stock 537,875us-gaap_ProceedsFromIssuanceOfCommonStock  
Issuance of senior notes 750,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt  
Borrowings (repayments) on bank credit facility, net (940,000)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit 457,000us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
Payments of deferred financing costs (15,022)us-gaap_PaymentsOfDebtIssuanceCosts (701)us-gaap_PaymentsOfDebtIssuanceCosts
Distributions to noncontrolling interest in consolidated subsidiary 4,338us-gaap_PaymentsOfDividendsMinorityInterest  
Other (1,161)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities  
Net cash provided by financing activities 327,354us-gaap_NetCashProvidedByUsedInFinancingActivities 456,299us-gaap_NetCashProvidedByUsedInFinancingActivities
Net decrease in cash and cash equivalents (60,488)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (4,907)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 245,979us-gaap_CashAndCashEquivalentsAtCarryingValue 17,487us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 185,491us-gaap_CashAndCashEquivalentsAtCarryingValue 12,580us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 14,563us-gaap_InterestPaid 13,087us-gaap_InterestPaid
Supplemental disclosure of noncash investing activities:    
Increase (decrease) in accounts payable and accrued liabilities for additions to property and equipment $ (184,753)ar_IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid $ 64,016ar_IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid