Condensed Consolidating Financial Information (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
|---|
| Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
|
| Condensed Consolidating Balance Sheets |
CONDENSED CONSOLIDATING BALANCE SHEETS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2015 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
Assets |
|
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
112,494 |
|
|
$ |
479 |
|
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
112,974 |
|
Accounts receivable - oil and gas |
72,241 |
|
|
54 |
|
|
— |
|
|
(423 |
) |
|
71,872 |
|
Accounts receivable - related parties |
16 |
|
|
— |
|
|
— |
|
|
— |
|
|
16 |
|
Accounts receivable - intercompany |
326,475 |
|
|
60 |
|
|
— |
|
|
(326,535 |
) |
|
— |
|
Prepaid expenses and other current assets |
3,905 |
|
|
— |
|
|
— |
|
|
— |
|
|
3,905 |
|
Short-term derivative instruments |
142,794 |
|
|
— |
|
|
— |
|
|
— |
|
|
142,794 |
|
Total current assets |
657,925 |
|
|
593 |
|
|
1 |
|
|
(326,958 |
) |
|
331,561 |
|
Property and equipment: |
|
|
|
|
|
|
|
|
|
Oil and natural gas properties, full-cost accounting |
5,108,258 |
|
|
316,813 |
|
|
— |
|
|
(729 |
) |
|
5,424,342 |
|
Other property and equipment |
33,128 |
|
|
43 |
|
|
— |
|
|
— |
|
|
33,171 |
|
Accumulated depletion, depreciation, amortization and impairment |
(2,829,081 |
) |
|
(29 |
) |
|
— |
|
|
— |
|
|
(2,829,110 |
) |
Property and equipment, net |
2,312,305 |
|
|
316,827 |
|
|
— |
|
|
(729 |
) |
|
2,628,403 |
|
Other assets: |
|
|
|
|
|
|
|
|
|
Equity investments and investments in subsidiaries |
231,892 |
|
|
— |
|
|
50,644 |
|
|
(40,143 |
) |
|
242,393 |
|
Long-term derivative instruments |
51,088 |
|
|
— |
|
|
— |
|
|
— |
|
|
51,088 |
|
Deferred tax asset |
74,925 |
|
|
— |
|
|
— |
|
|
— |
|
|
74,925 |
|
Other assets |
6,364 |
|
|
— |
|
|
— |
|
|
— |
|
|
6,364 |
|
Total other assets |
364,269 |
|
|
— |
|
|
50,644 |
|
|
(40,143 |
) |
|
374,770 |
|
Total assets |
$ |
3,334,499 |
|
|
$ |
317,420 |
|
|
$ |
50,645 |
|
|
$ |
(367,830 |
) |
|
$ |
3,334,734 |
|
|
|
|
|
|
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
|
|
Accounts payable and accrued liabilities |
$ |
264,893 |
|
|
$ |
527 |
|
|
$ |
— |
|
|
$ |
(292 |
) |
|
$ |
265,128 |
|
Accounts payable - intercompany |
— |
|
|
326,541 |
|
|
124 |
|
|
(326,665 |
) |
|
— |
|
Asset retirement obligation - current |
75 |
|
|
— |
|
|
— |
|
|
— |
|
|
75 |
|
Short-term derivative instruments |
437 |
|
|
— |
|
|
— |
|
|
— |
|
|
437 |
|
Deferred tax liability |
50,697 |
|
|
— |
|
|
— |
|
|
— |
|
|
50,697 |
|
Current maturities of long-term debt |
179 |
|
|
— |
|
|
— |
|
|
— |
|
|
179 |
|
Total current liabilities |
316,281 |
|
|
327,068 |
|
|
124 |
|
|
(326,957 |
) |
|
316,516 |
|
Long-term derivative instrument |
6,935 |
|
|
— |
|
|
— |
|
|
— |
|
|
6,935 |
|
Asset retirement obligation - long-term |
26,362 |
|
|
— |
|
|
— |
|
|
— |
|
|
26,362 |
|
Long-term debt, net of current maturities |
946,084 |
|
|
— |
|
|
— |
|
|
— |
|
|
946,084 |
|
Total liabilities |
1,295,662 |
|
|
327,068 |
|
|
124 |
|
|
(326,957 |
) |
|
1,295,897 |
|
|
|
|
|
|
|
|
|
|
|
Stockholders' equity: |
|
|
|
|
|
|
|
|
|
Common stock |
1,082 |
|
|
— |
|
|
— |
|
|
— |
|
|
1,082 |
|
Paid-in capital |
2,824,303 |
|
|
322 |
|
|
241,553 |
|
|
(241,875 |
) |
|
2,824,303 |
|
Accumulated other comprehensive (loss) income |
(55,177 |
) |
|
— |
|
|
(55,177 |
) |
|
55,177 |
|
|
(55,177 |
) |
Retained (deficit) earnings |
(731,371 |
) |
|
(9,970 |
) |
|
(135,855 |
) |
|
145,825 |
|
|
(731,371 |
) |
Total stockholders' equity |
2,038,837 |
|
|
(9,648 |
) |
|
50,521 |
|
|
(40,873 |
) |
|
2,038,837 |
|
Total liabilities and stockholders' equity |
$ |
3,334,499 |
|
|
$ |
317,420 |
|
|
$ |
50,645 |
|
|
$ |
(367,830 |
) |
|
$ |
3,334,734 |
|
CONDENSED CONSOLIDATING BALANCE SHEETS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2014 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
Assets |
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
141,535 |
|
|
$ |
804 |
|
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
142,340 |
|
Accounts receivable - oil and gas |
103,762 |
|
|
96 |
|
|
— |
|
|
— |
|
|
103,858 |
|
Accounts receivable - related parties |
46 |
|
|
— |
|
|
— |
|
|
— |
|
|
46 |
|
Accounts receivable - intercompany |
45,222 |
|
|
27 |
|
|
— |
|
|
(45,249 |
) |
|
— |
|
Prepaid expenses and other current assets |
3,714 |
|
|
— |
|
|
— |
|
|
— |
|
|
3,714 |
|
Short-term derivative instruments |
78,391 |
|
|
— |
|
|
— |
|
|
— |
|
|
78,391 |
|
Total current assets |
372,670 |
|
|
927 |
|
|
1 |
|
|
(45,249 |
) |
|
328,349 |
|
|
|
|
|
|
|
|
|
|
|
Property and equipment: |
|
|
|
|
|
|
|
|
|
Oil and natural gas properties, full-cost accounting, |
3,887,874 |
|
|
35,990 |
|
|
— |
|
|
(710 |
) |
|
3,923,154 |
|
Other property and equipment |
18,301 |
|
|
43 |
|
|
— |
|
|
— |
|
|
18,344 |
|
Accumulated depletion, depreciation, amortization and impairment |
(1,050,855 |
) |
|
(24 |
) |
|
— |
|
|
— |
|
|
(1,050,879 |
) |
Property and equipment, net |
2,855,320 |
|
|
36,009 |
|
|
— |
|
|
(710 |
) |
|
2,890,619 |
|
Other assets: |
|
|
|
|
|
|
|
|
|
Equity investments and investments in subsidiaries |
360,238 |
|
|
— |
|
|
180,217 |
|
|
(170,874 |
) |
|
369,581 |
|
Long-term derivative instruments |
24,448 |
|
|
— |
|
|
— |
|
|
— |
|
|
24,448 |
|
Other assets |
6,476 |
|
|
— |
|
|
— |
|
|
— |
|
|
6,476 |
|
Total other assets |
391,162 |
|
|
— |
|
|
180,217 |
|
|
(170,874 |
) |
|
400,505 |
|
Total assets |
$ |
3,619,152 |
|
|
$ |
36,936 |
|
|
$ |
180,218 |
|
|
$ |
(216,833 |
) |
|
$ |
3,619,473 |
|
|
|
|
|
|
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
|
|
Accounts payable and accrued liabilities |
$ |
371,089 |
|
|
$ |
321 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
371,410 |
|
Accounts payable - intercompany |
— |
|
|
45,143 |
|
|
106 |
|
|
(45,249 |
) |
|
— |
|
Asset retirement obligation - current |
75 |
|
|
— |
|
|
— |
|
|
— |
|
|
75 |
|
Deferred tax liability |
27,070 |
|
|
— |
|
|
— |
|
|
— |
|
|
27,070 |
|
Current maturities of long-term debt |
168 |
|
|
— |
|
|
— |
|
|
— |
|
|
168 |
|
Total current liabilities |
398,402 |
|
|
45,464 |
|
|
106 |
|
|
(45,249 |
) |
|
398,723 |
|
|
|
|
|
|
|
|
|
|
|
Asset retirement obligation - long-term |
17,863 |
|
|
— |
|
|
— |
|
|
— |
|
|
17,863 |
|
Deferred tax liability |
203,195 |
|
|
— |
|
|
— |
|
|
— |
|
|
203,195 |
|
Long-term debt, net of current maturities |
703,396 |
|
|
— |
|
|
— |
|
|
— |
|
|
703,396 |
|
Total liabilities |
1,322,856 |
|
|
45,464 |
|
|
106 |
|
|
(45,249 |
) |
|
1,323,177 |
|
|
|
|
|
|
|
|
|
|
|
Stockholders' equity: |
|
|
|
|
|
|
|
|
|
Common stock |
856 |
|
|
— |
|
|
— |
|
|
— |
|
|
856 |
|
Paid-in capital |
1,828,602 |
|
|
322 |
|
|
227,079 |
|
|
(227,401 |
) |
|
1,828,602 |
|
Accumulated other comprehensive (loss) income |
(26,675 |
) |
|
— |
|
|
(26,675 |
) |
|
26,675 |
|
|
(26,675 |
) |
Retained earnings (deficit) |
493,513 |
|
|
(8,850 |
) |
|
(20,292 |
) |
|
29,142 |
|
|
493,513 |
|
Total stockholders' equity |
2,296,296 |
|
|
(8,528 |
) |
|
180,112 |
|
|
(171,584 |
) |
|
2,296,296 |
|
Total liabilities and stockholders' equity |
$ |
3,619,152 |
|
|
$ |
36,936 |
|
|
$ |
180,218 |
|
|
$ |
(216,833 |
) |
|
$ |
3,619,473 |
|
|
| Condensed Consolidating Statements of Operations |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2015 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Total revenues |
$ |
709,525 |
|
|
$ |
1,468 |
|
|
$ |
— |
|
|
$ |
(1,518 |
) |
|
$ |
709,475 |
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses: |
|
|
|
|
|
|
|
|
|
Lease operating expenses |
68,632 |
|
|
843 |
|
|
— |
|
|
— |
|
|
69,475 |
|
Production taxes |
14,618 |
|
|
122 |
|
|
— |
|
|
— |
|
|
14,740 |
|
Midstream gathering and processing |
138,526 |
|
|
64 |
|
|
— |
|
|
— |
|
|
138,590 |
|
Depreciation, depletion and amortization |
337,689 |
|
|
5 |
|
|
— |
|
|
— |
|
|
337,694 |
|
Impairment of oil and gas properties |
1,440,418 |
|
|
— |
|
|
— |
|
|
— |
|
|
1,440,418 |
|
General and administrative |
41,892 |
|
|
55 |
|
|
20 |
|
|
— |
|
|
41,967 |
|
Accretion expense |
820 |
|
|
— |
|
|
— |
|
|
— |
|
|
820 |
|
|
2,042,595 |
|
|
1,089 |
|
|
20 |
|
|
— |
|
|
2,043,704 |
|
|
|
|
|
|
|
|
|
|
|
(LOSS) INCOME FROM OPERATIONS |
(1,333,070 |
) |
|
379 |
|
|
(20 |
) |
|
(1,518 |
) |
|
(1,334,229 |
) |
|
|
|
|
|
|
|
|
|
|
OTHER (INCOME) EXPENSE: |
|
|
|
|
|
|
|
|
|
Interest expense |
51,221 |
|
|
— |
|
|
— |
|
|
— |
|
|
51,221 |
|
Interest income |
(643 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(643 |
) |
Insurance proceeds |
(10,015 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(10,015 |
) |
Loss (income) from equity method investments and investments in subsidiaries |
107,252 |
|
|
— |
|
|
115,544 |
|
|
(116,703 |
) |
|
106,093 |
|
|
147,815 |
|
|
— |
|
|
115,544 |
|
|
(116,703 |
) |
|
146,656 |
|
|
|
|
|
|
|
|
|
|
|
(LOSS) INCOME BEFORE INCOME TAXES |
(1,480,885 |
) |
|
379 |
|
|
(115,564 |
) |
|
115,185 |
|
|
(1,480,885 |
) |
INCOME TAX BENEFIT |
(256,001 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(256,001 |
) |
|
|
|
|
|
|
|
|
|
|
NET (LOSS) INCOME |
$ |
(1,224,884 |
) |
|
$ |
379 |
|
|
$ |
(115,564 |
) |
|
$ |
115,185 |
|
|
$ |
(1,224,884 |
) |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2014 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Total revenues |
$ |
669,067 |
|
|
$ |
2,199 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
671,266 |
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses: |
|
|
|
|
|
|
|
|
|
Lease operating expenses |
51,238 |
|
|
953 |
|
|
— |
|
|
— |
|
|
52,191 |
|
Production taxes |
23,803 |
|
|
203 |
|
|
— |
|
|
— |
|
|
24,006 |
|
Midstream gathering and processing |
64,402 |
|
|
65 |
|
|
— |
|
|
— |
|
|
64,467 |
|
Depreciation, depletion and amortization |
265,428 |
|
|
3 |
|
|
— |
|
|
— |
|
|
265,431 |
|
General and administrative |
37,846 |
|
|
446 |
|
|
(2 |
) |
|
— |
|
|
38,290 |
|
Accretion expense |
761 |
|
|
— |
|
|
— |
|
|
— |
|
|
761 |
|
Gain on sale of assets |
(11 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(11 |
) |
|
443,467 |
|
|
1,670 |
|
|
(2 |
) |
|
— |
|
|
445,135 |
|
|
|
|
|
|
|
|
|
|
|
INCOME FROM OPERATIONS |
225,600 |
|
|
529 |
|
|
2 |
|
|
— |
|
|
226,131 |
|
|
|
|
|
|
|
|
|
|
|
OTHER (INCOME) EXPENSE: |
|
|
|
|
|
|
|
|
|
Interest expense |
23,986 |
|
|
— |
|
|
— |
|
|
— |
|
|
23,986 |
|
Interest income |
(195 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(195 |
) |
Litigation settlement |
25,500 |
|
|
— |
|
|
— |
|
|
— |
|
|
25,500 |
|
Gain on contribution of investments |
(84,470 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(84,470 |
) |
(Income) loss from equity method investments and investments in subsidiaries |
(139,965 |
) |
|
— |
|
|
13,159 |
|
|
(12,628 |
) |
|
(139,434 |
) |
|
(175,144 |
) |
|
— |
|
|
13,159 |
|
|
(12,628 |
) |
|
(174,613 |
) |
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) BEFORE INCOME TAXES |
400,744 |
|
|
529 |
|
|
(13,157 |
) |
|
12,628 |
|
|
400,744 |
|
INCOME TAX EXPENSE |
153,341 |
|
|
— |
|
|
— |
|
|
— |
|
|
153,341 |
|
|
|
|
|
|
|
|
|
|
|
NET INCOME (LOSS) |
$ |
247,403 |
|
|
$ |
529 |
|
|
$ |
(13,157 |
) |
|
$ |
12,628 |
|
|
$ |
247,403 |
|
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(Amounts in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2013 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Total revenues |
$ |
261,809 |
|
|
$ |
1,517 |
|
|
$ |
— |
|
|
$ |
(573 |
) |
|
$ |
262,753 |
|
|
|
|
|
|
|
|
|
|
|
Costs and expenses: |
|
|
|
|
|
|
|
|
|
Lease operating expenses |
25,971 |
|
|
732 |
|
|
— |
|
|
— |
|
|
26,703 |
|
Production taxes |
26,848 |
|
|
85 |
|
|
— |
|
|
— |
|
|
26,933 |
|
Midstream gathering and processing |
10,999 |
|
|
31 |
|
|
— |
|
|
— |
|
|
11,030 |
|
Depreciation, depletion and amortization |
118,878 |
|
|
2 |
|
|
— |
|
|
— |
|
|
118,880 |
|
General and administrative |
22,359 |
|
|
159 |
|
|
1 |
|
|
— |
|
|
22,519 |
|
Accretion expense |
717 |
|
|
— |
|
|
— |
|
|
— |
|
|
717 |
|
Loss on sale of assets |
508 |
|
|
— |
|
|
— |
|
|
— |
|
|
508 |
|
|
206,280 |
|
|
1,009 |
|
|
1 |
|
|
— |
|
|
207,290 |
|
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) FROM OPERATIONS |
55,529 |
|
|
508 |
|
|
(1 |
) |
|
(573 |
) |
|
55,463 |
|
|
|
|
|
|
|
|
|
|
|
OTHER (INCOME) EXPENSE: |
|
|
|
|
|
|
|
|
|
Interest expense |
17,490 |
|
|
— |
|
|
— |
|
|
— |
|
|
17,490 |
|
Interest income |
(297 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(297 |
) |
(Income) loss from equity method investments and investments in subsidiaries |
(212,992 |
) |
|
— |
|
|
2,999 |
|
|
(3,065 |
) |
|
(213,058 |
) |
|
(195,799 |
) |
|
— |
|
|
2,999 |
|
|
(3,065 |
) |
|
(195,865 |
) |
|
|
|
|
|
|
|
|
|
|
INCOME (LOSS) BEFORE INCOME TAXES |
251,328 |
|
|
508 |
|
|
(3,000 |
) |
|
2,492 |
|
|
251,328 |
|
INCOME TAX EXPENSE |
98,136 |
|
|
— |
|
|
— |
|
|
— |
|
|
98,136 |
|
|
|
|
|
|
|
|
|
|
|
NET INCOME (LOSS) |
$ |
153,192 |
|
|
$ |
508 |
|
|
$ |
(3,000 |
) |
|
$ |
2,492 |
|
|
$ |
153,192 |
|
|
| Condensed Consolidating Statements of Comprehensive Income (Loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2015 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net (loss) income |
$ |
(1,224,884 |
) |
|
$ |
379 |
|
|
$ |
(115,564 |
) |
|
$ |
115,185 |
|
|
$ |
(1,224,884 |
) |
Foreign currency translation adjustment |
(28,502 |
) |
|
— |
|
|
(28,502 |
) |
|
28,502 |
|
|
(28,502 |
) |
Other comprehensive (loss) income |
(28,502 |
) |
|
— |
|
|
(28,502 |
) |
|
28,502 |
|
|
(28,502 |
) |
Comprehensive (loss) income |
$ |
(1,253,386 |
) |
|
$ |
379 |
|
|
$ |
(144,066 |
) |
|
$ |
143,687 |
|
|
$ |
(1,253,386 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2014 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
Net income (loss) |
$ |
247,403 |
|
|
$ |
529 |
|
|
$ |
(13,157 |
) |
|
$ |
12,628 |
|
|
$ |
247,403 |
|
Foreign currency translation adjustment |
(16,894 |
) |
|
— |
|
|
(16,894 |
) |
|
16,894 |
|
|
(16,894 |
) |
Other comprehensive (loss) income |
(16,894 |
) |
|
— |
|
|
(16,894 |
) |
|
16,894 |
|
|
(16,894 |
) |
Comprehensive income (loss) |
$ |
230,509 |
|
|
$ |
529 |
|
|
$ |
(30,051 |
) |
|
$ |
29,522 |
|
|
$ |
230,509 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2013 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
Net income (loss) |
$ |
153,192 |
|
|
$ |
508 |
|
|
$ |
(3,000 |
) |
|
$ |
2,492 |
|
|
$ |
153,192 |
|
Foreign currency translation adjustment |
(12,223 |
) |
|
— |
|
|
(12,223 |
) |
|
12,223 |
|
|
(12,223 |
) |
Change in fair value of derivative instruments, net of taxes |
(4,419 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(4,419 |
) |
Reclassification of settled contracts, net of taxes |
10,290 |
|
|
— |
|
|
— |
|
|
— |
|
|
10,290 |
|
Other comprehensive (loss) income |
(6,352 |
) |
|
— |
|
|
(12,223 |
) |
|
12,223 |
|
|
(6,352 |
) |
Comprehensive income (loss) |
$ |
146,840 |
|
|
$ |
508 |
|
|
$ |
(15,223 |
) |
|
$ |
14,715 |
|
|
$ |
146,840 |
|
|
| Condensed Consolidating Statements of Cash Flows |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2015 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) operating activities |
$ |
344,018 |
|
|
$ |
(21,839 |
) |
|
$ |
(2 |
) |
|
$ |
2 |
|
|
$ |
322,179 |
|
|
|
|
|
|
|
|
|
|
|
Net cash (used in) provided by investing activities |
(1,595,767 |
) |
|
21,514 |
|
|
(14,472 |
) |
|
14,472 |
|
|
(1,574,253 |
) |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) financing activities |
1,222,708 |
|
|
— |
|
|
14,474 |
|
|
(14,474 |
) |
|
1,222,708 |
|
|
|
|
|
|
|
|
|
|
|
Net decrease in cash and cash equivalents |
(29,041 |
) |
|
(325 |
) |
|
— |
|
|
— |
|
|
(29,366 |
) |
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
141,535 |
|
|
804 |
|
|
1 |
|
|
— |
|
|
142,340 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at end of period |
$ |
112,494 |
|
|
$ |
479 |
|
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
112,974 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2014 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) operating activities |
$ |
388,177 |
|
|
$ |
21,698 |
|
|
$ |
(2 |
) |
|
$ |
— |
|
|
$ |
409,873 |
|
|
|
|
|
|
|
|
|
|
|
Net cash (used in) provided by investing activities |
(1,108,241 |
) |
|
(28,419 |
) |
|
(18,799 |
) |
|
18,802 |
|
|
(1,136,657 |
) |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) financing activities |
410,168 |
|
|
— |
|
|
18,802 |
|
|
(18,802 |
) |
|
410,168 |
|
|
|
|
|
|
|
|
|
|
|
Net (decrease) increase in cash and cash equivalents |
(309,896 |
) |
|
(6,721 |
) |
|
1 |
|
|
— |
|
|
(316,616 |
) |
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
451,431 |
|
|
7,525 |
|
|
— |
|
|
— |
|
|
458,956 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at end of period |
$ |
141,535 |
|
|
$ |
804 |
|
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
142,340 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2013 |
|
Parent |
|
Guarantors |
|
Non-Guarantor |
|
Eliminations |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
Net cash provided by operating activities |
$ |
182,961 |
|
|
$ |
8,104 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
191,065 |
|
|
|
|
|
|
|
|
|
|
|
Net cash (used in) provided by investing activities |
(661,886 |
) |
|
(2,374 |
) |
|
(33,929 |
) |
|
33,929 |
|
|
(664,260 |
) |
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) financing activities |
765,063 |
|
|
— |
|
|
33,929 |
|
|
(33,929 |
) |
|
765,063 |
|
|
|
|
|
|
|
|
|
|
|
Net increase in cash and cash equivalents |
286,138 |
|
|
5,730 |
|
|
— |
|
|
— |
|
|
291,868 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
165,293 |
|
|
1,795 |
|
|
— |
|
|
— |
|
|
167,088 |
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents at end of period |
$ |
451,431 |
|
|
$ |
7,525 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
458,956 |
|
|