Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.4.0.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Dec. 31, 2014
Current assets:        
Cash and cash equivalents $ 39,870 $ 23,473 $ 185,491 $ 245,979
Accounts receivable, net of allowance for doubtful accounts of $1,251 in 2014 and $1,195 in 2015 78,753 79,404    
Accrued revenue 136,446 128,242    
Derivative instruments 975,199 1,009,030    
Other current assets 8,072 8,087    
Total current assets 1,238,340 1,248,236    
Natural gas properties, at cost (successful efforts method):        
Unproved properties 1,994,377 1,996,081    
Proved properties 8,531,113 8,211,106    
Water handling and treatment systems 582,331 565,616    
Gathering systems and facilities 1,543,766 1,502,396    
Other property and equipment 46,741 46,415    
Property and equipment, gross 12,698,328 12,321,614    
Less accumulated depletion, depreciation, and amortization (1,780,526) (1,589,372)    
Property and equipment, net 10,917,802 10,732,242    
Derivative instruments 2,098,233 2,108,450    
Other assets 34,337 26,565    
Total assets 14,288,712 14,115,493    
Current liabilities:        
Accounts payable 250,797 364,160    
Accrued liabilities 241,676 194,076    
Revenue distributions payable 132,918 129,949    
Other current liabilities 19,693 19,085    
Total current liabilities 645,084 707,270    
Long-term liabilities:        
Long-term debt 4,702,809 4,668,782    
Deferred income tax liability 1,439,825 1,370,686    
Derivative instruments 375      
Other liabilities 80,275 82,077    
Total liabilities 6,868,368 6,828,815    
Equity:        
Common stock, $0.01 par value; authorized - 1,000,000,000 shares; issued and outstanding 277,035,558 shares and 277,061,336 shares, respectively 2,771 2,770    
Additional paid-in capital 4,251,755 4,122,811    
Accumulated earnings 1,803,756 1,808,811    
Total stockholders' equity 6,058,282 5,934,392    
Noncontrolling interest in consolidated subsidiary 1,362,062 1,352,286    
Total equity 7,420,344 7,286,678    
Total liabilities and equity $ 14,288,712 $ 14,115,493