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Condensed Consolidating Financial Information (Tables) | 6 Months Ended
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Jun. 30, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Balance Sheets | The following condensed consolidating balance sheets, statements of operations, statements of comprehensive (loss) income and statements of cash flows are provided for the Parent, the Guarantors and the Non-Guarantor and include the consolidating adjustments and eliminations necessary to arrive at the information for the Company on a condensed consolidated basis. The information has been presented using the equity method of accounting for the Parent’s ownership of the Guarantors and the Non-Guarantor. CONDENSED CONSOLIDATING BALANCE SHEETS (Amounts in thousands)
| June 30, 2017
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 72,062 |  |  | $ | 45,493 |  |  | $ | — |  |  | $ | — |  |  | $ | 117,555 |
Accounts receivable - oil and natural gas | 121,565 |  |  | 42,589 |  |  | — |  |  | — |  |  | 164,154 |
Accounts receivable - related parties | 185 |  |  | — |  |  | — |  |  | — |  |  | 185 |
Accounts receivable - intercompany | 459,503 |  |  | 45,749 |  |  | — |  |  | (505,252 | ) |  | — |
Prepaid expenses and other current assets | 4,113 |  |  | 166 |  |  | — |  |  | — |  |  | 4,279 |
Short-term derivative instruments | 46,416 |  |  | — |  |  | — |  |  | — |  |  | 46,416 |
Total current assets | 703,844 |  |  | 133,997 |  |  | — |  |  | (505,252 | ) |  | 332,589 |
Property and equipment: |  |  |  |  |  |  |  |  |
Oil and natural gas properties, full-cost accounting | 6,142,757 |  |  | 2,358,762 |  |  | — |  |  | (729 | ) |  | 8,500,790 |
Other property and equipment | 79,478 |  |  | 43 |  |  | — |  |  | — |  |  | 79,521 |
Accumulated depletion, depreciation, amortization and impairment | (3,937,621 | ) |  | (35 | ) |  | — |  |  | — |  |  | (3,937,656 | )
Property and equipment, net | 2,284,614 |  |  | 2,358,770 |  |  | — |  |  | (729 | ) |  | 4,642,655 |
Other assets: |  |  |  |  |  |  |  |  |
Equity investments and investments in subsidiaries | 2,179,931 |  |  | 52,946 |  |  | 51,605 |  |  | (2,028,217 | ) |  | 256,265 |
Long-term derivative instruments | 19,761 |  |  | — |  |  | — |  |  | — |  |  | 19,761 |
Deferred tax asset | 4,692 |  |  | — |  |  | — |  |  | — |  |  | 4,692 |
Inventories | 13,591 |  |  | 5,712 |  |  | — |  |  | — |  |  | 19,303 |
Other assets | 10,834 |  |  | 8,056 |  |  | — |  |  | — |  |  | 18,890 |
Total other assets | 2,228,809 |  |  | 66,714 |  |  | 51,605 |  |  | (2,028,217 | ) |  | 318,911 |
Total assets | $ | 5,217,267 |  |  | $ | 2,559,481 |  |  | $ | 51,605 |  |  | $ | (2,534,198 | ) |  | $ | 5,294,155 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities | $ | 385,908 |  |  | $ | 109,826 |  |  | $ | — |  |  | $ | — |  |  | $ | 495,734 |
Accounts payable - intercompany | 39,564 |  |  | 465,561 |  |  | 127 |  |  | (505,252 | ) |  | — |
Asset retirement obligation - current | 195 |  |  | — |  |  | — |  |  | — |  |  | 195 |
Derivative instruments | 28,106 |  |  | — |  |  | — |  |  | — |  |  | 28,106 |
Current maturities of long-term debt | 595 |  |  | — |  |  | — |  |  | — |  |  | 595 |
Total current liabilities | 454,368 |  |  | 575,387 |  |  | 127 |  |  | (505,252 | ) |  | 524,630 |
Long-term derivative instrument | 8,198 |  |  | — |  |  | — |  |  | — |  |  | 8,198 |
Asset retirement obligation - long-term | 37,308 |  |  | 6,626 |  |  | — |  |  | — |  |  | 43,934 |
Long-term debt, net of current maturities | 1,802,554 |  |  | — |  |  | — |  |  | — |  |  | 1,802,554 |
Total liabilities | 2,302,428 |  |  | 582,013 |  |  | 127 |  |  | (505,252 | ) |  | 2,379,316 |
Stockholders’ equity: |  |  |  |  |  |  |  |  |
Common stock | 1,828 |  |  | — |  |  | — |  |  | — |  |  | 1,828 |
Paid-in capital | 4,410,871 |  |  | 1,885,598 |  |  | 258,178 |  |  | (2,143,776 | ) |  | 4,410,871 |
Accumulated other comprehensive (loss) income | (47,171 | ) |  | — |  |  | (45,117 | ) |  | 45,117 |  |  | (47,171 | )
Retained (deficit) earnings | (1,450,689 | ) |  | 91,870 |  |  | (161,583 | ) |  | 69,713 |  |  | (1,450,689 | )
Total stockholders’ equity | 2,914,839 |  |  | 1,977,468 |  |  | 51,478 |  |  | (2,028,946 | ) |  | 2,914,839 |
Total liabilities and stockholders’ equity | $ | 5,217,267 |  |  | $ | 2,559,481 |  |  | $ | 51,605 |  |  | $ | (2,534,198 | ) |  | $ | 5,294,155 |
CONDENSED CONSOLIDATING BALANCE SHEETS (Amounts in thousands)
| December 31, 2016
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 1,273,882 |  |  | $ | 1,993 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,275,875 |
Restricted Cash | 185,000 |  |  | — |  |  | — |  |  | — |  |  | 185,000 |
Accounts receivable - oil and natural gas | 137,087 |  |  | 37,496 |  |  | — |  |  | (37,822 | ) |  | 136,761 |
Accounts receivable - related parties | 16 |  |  | — |  |  | — |  |  | — |  |  | 16 |
Accounts receivable - intercompany | 449,517 |  |  | 1,151 |  |  | — |  |  | (450,668 | ) |  | — |
Prepaid expenses and other current assets | 3,135 |  |  | — |  |  | — |  |  | — |  |  | 3,135 |
Short-term derivative instruments | 3,488 |  |  | — |  |  | — |  |  | — |  |  | 3,488 |
Total current assets | 2,052,125 |  |  | 40,640 |  |  | — |  |  | (488,490 | ) |  | 1,604,275 |
Property and equipment: |  |  |  |  |  |  |  |  |
Oil and natural gas properties, full-cost accounting, | 5,655,125 |  |  | 417,524 |  |  | — |  |  | (729 | ) |  | 6,071,920 |
Other property and equipment | 68,943 |  |  | 43 |  |  | — |  |  | — |  |  | 68,986 |
Accumulated depletion, depreciation, amortization and impairment | (3,789,746 | ) |  | (34 | ) |  | — |  |  | — |  |  | (3,789,780 | )
Property and equipment, net | 1,934,322 |  |  | 417,533 |  |  | — |  |  | (729 | ) |  | 2,351,126 |
Other assets: |  |  |  |  |  |  |  |  |
Equity investments and investments in subsidiaries | 236,327 |  |  | 33,590 |  |  | 45,213 |  |  | (71,210 | ) |  | 243,920 |
Long-term derivative instruments | 5,696 |  |  | — |  |  | — |  |  | — |  |  | 5,696 |
Deferred tax asset | 4,692 |  |  | — |  |  | — |  |  | — |  |  | 4,692 |
Inventories | 3,095 |  |  | 1,409 |  |  | — |  |  | — |  |  | 4,504 |
Other assets | 8,932 |  |  | — |  |  | — |  |  | — |  |  | 8,932 |
Total other assets | 258,742 |  |  | 34,999 |  |  | 45,213 |  |  | (71,210 | ) |  | 267,744 |
Total assets | $ | 4,245,189 |  |  | $ | 493,172 |  |  | $ | 45,213 |  |  | $ | (560,429 | ) |  | $ | 4,223,145 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities | $ | 255,966 |  |  | $ | 9,158 |  |  | $ | — |  |  | $ | — |  |  | $ | 265,124 |
Accounts payable - intercompany | 31,202 |  |  | 457,163 |  |  | 126 |  |  | (488,491 | ) |  | — |
Asset retirement obligation - current | 195 |  |  | — |  |  | — |  |  | — |  |  | 195 |
Derivative instruments | 119,219 |  |  | — |  |  | — |  |  | — |  |  | 119,219 |
Current maturities of long-term debt | 276 |  |  | — |  |  | — |  |  | — |  |  | 276 |
Total current liabilities | 406,858 |  |  | 466,321 |  |  | 126 |  |  | (488,491 | ) |  | 384,814 |
Long-term derivative instrument | 26,759 |  |  | — |  |  | — |  |  | — |  |  | 26,759 |
Asset retirement obligation - long-term | 34,081 |  |  | — |  |  | — |  |  | — |  |  | 34,081 |
Long-term debt, net of current maturities | 1,593,599 |  |  | — |  |  | — |  |  | — |  |  | 1,593,599 |
Total liabilities | 2,061,297 |  |  | 466,321 |  |  | 126 |  |  | (488,491 | ) |  | 2,039,253 |
Stockholders’ equity: |  |  |  |  |  |  |  |  |
Common stock | 1,588 |  |  | — |  |  | — |  |  | — |  |  | 1,588 |
Paid-in capital | 3,946,442 |  |  | 33,822 |  |  | 257,026 |  |  | (290,848 | ) |  | 3,946,442 |
Accumulated other comprehensive (loss) income | (53,058 | ) |  | — |  |  | (50,931 | ) |  | 50,931 |  |  | (53,058 | )
Retained (deficit) earnings | (1,711,080 | ) |  | (6,971 | ) |  | (161,008 | ) |  | 167,979 |  |  | (1,711,080 | )
Total stockholders’ equity | 2,183,892 |  |  | 26,851 |  |  | 45,087 |  |  | (71,938 | ) |  | 2,183,892 |
Total liabilities and stockholders’ equity | $ | 4,245,189 |  |  | $ | 493,172 |  |  | $ | 45,213 |  |  | $ | (560,429 | ) |  | $ | 4,223,145 |
Condensed Consolidating Statements of Operations | CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Amounts in thousands)
| Three months ended June 30, 2017
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Total revenues | $ | 249,353 |  |  | $ | 74,600 |  |  | $ | — |  |  | $ | — |  |  | $ | 323,953 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Lease operating expenses | 16,423 |  |  | 4,298 |  |  | — |  |  | — |  |  | 20,721 |
Production taxes | 3,645 |  |  | 1,494 |  |  | — |  |  | — |  |  | 5,139 |
Midstream gathering and processing | 42,291 |  |  | 16,654 |  |  | — |  |  | — |  |  | 58,945 |
Depreciation, depletion, and amortization | 82,245 |  |  | 1 |  |  | — |  |  | — |  |  | 82,246 |
General and administrative | 13,052 |  |  | (796 | ) |  | 1 |  |  | — |  |  | 12,257 |
Accretion expense | 291 |  |  | 119 |  |  | — |  |  | — |  |  | 410 |
Acquisition expense | 5 |  |  | 1,055 |  |  | — |  |  | — |  |  | 1,060 |
| 157,952 |  |  | 22,825 |  |  | 1 |  |  | — |  |  | 180,778 |
INCOME (LOSS) FROM OPERATIONS | 91,401 |  |  | 51,775 |  |  | (1 | ) |  | — |  |  | 143,175 |
OTHER (INCOME) EXPENSE: |  |  |  |  |  |  |  |  |
Interest expense | 26,133 |  |  | (1,945 | ) |  | — |  |  | — |  |  | 24,188 |
Interest income | (42 | ) |  | (6 | ) |  | — |  |  | — |  |  | (48 | )
(Income) loss from equity method investments and investments in subsidiaries | (40,475 | ) |  | (83 | ) |  | 208 |  |  | 53,651 |  |  | 13,301 |
Other income | (151 | ) |  | (51 | ) |  | — |  |  | — |  |  | (202 | )
| (14,535 | ) |  | (2,085 | ) |  | 208 |  |  | 53,651 |  |  | 37,239 |
INCOME (LOSS) BEFORE INCOME TAXES | 105,936 |  |  | 53,860 |  |  | (209 | ) |  | (53,651 | ) |  | 105,936 |
INCOME TAX EXPENSE | — |  |  | — |  |  | — |  |  | — |  |  | — |
NET INCOME (LOSS) | $ | 105,936 |  |  | $ | 53,860 |  |  | $ | (209 | ) |  | $ | (53,651 | ) |  | $ | 105,936 |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Amounts in thousands)
| Three months ended June 30, 2016
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Total revenues | $ | (28,580 | ) |  | $ | 421 |  |  | $ | — |  |  | $ | — |  |  | $ | (28,159 | )
Costs and expenses: |  |  |  |  |  |  |  |  |
Lease operating expenses | 14,491 |  |  | 170 |  |  | — |  |  | — |  |  | 14,661 |
Production taxes | 2,828 |  |  | 28 |  |  | — |  |  | — |  |  | 2,856 |
Midstream gathering and processing | 39,242 |  |  | 107 |  |  | — |  |  | — |  |  | 39,349 |
Depreciation, depletion, and amortization | 55,651 |  |  | 1 |  |  | — |  |  | — |  |  | 55,652 |
Impairment of oil and natural gas properties | 170,621 |  |  | — |  |  | — |  |  | — |  |  | 170,621 |
General and administrative | 11,846 |  |  | 8 |  |  | — |  |  | — |  |  | 11,854 |
Accretion expense | 261 |  |  | — |  |  | — |  |  | — |  |  | 261 |
| 294,940 |  |  | 314 |  |  | — |  |  | — |  |  | 295,254 |
(LOSS) INCOME FROM OPERATIONS | (323,520 | ) |  | 107 |  |  | — |  |  | — |  |  | (323,413 | )
OTHER (INCOME) EXPENSE: |  |  |  |  |  |  |  |  |
Interest expense | 16,082 |  |  | — |  |  | — |  |  | — |  |  | 16,082 |
Interest income | (391 | ) |  | — |  |  | — |  |  | — |  |  | (391 | )
Loss (income) from equity method investments and investments in subsidiaries | 722 |  |  | 59 |  |  | 762 |  |  | (707 | ) |  | 836 |
Other income | — |  |  | (7 | ) |  | — |  |  | — |  |  | (7 | )
| 16,413 |  |  | 52 |  |  | 762 |  |  | (707 | ) |  | 16,520 |
(LOSS) INCOME BEFORE INCOME TAXES | (339,933 | ) |  | 55 |  |  | (762 | ) |  | 707 |  |  | (339,933 | )
INCOME TAX BENEFIT | (157 | ) |  | — |  |  | — |  |  | — |  |  | (157 | )
NET (LOSS) INCOME | $ | (339,776 | ) |  | $ | 55 |  |  | $ | (762 | ) |  | $ | 707 |  |  | $ | (339,776 | )
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Amounts in thousands)
| Six months ended June 30, 2017
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Total revenues | $ | 521,794 |  |  | $ | 135,163 |  |  | $ | — |  |  | $ | — |  |  | $ | 656,957 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Lease operating expenses | 33,872 |  |  | 6,152 |  |  | — |  |  | — |  |  | 40,024 |
Production taxes | 6,747 |  |  | 2,298 |  |  | — |  |  | — |  |  | 9,045 |
Midstream gathering and processing | 80,015 |  |  | 26,871 |  |  | — |  |  | — |  |  | 106,886 |
Depreciation, depletion, and amortization | 148,235 |  |  | 2 |  |  | — |  |  | — |  |  | 148,237 |
General and administrative | 25,926 |  |  | (1,071 | ) |  | 2 |  |  | — |  |  | 24,857 |
Accretion expense | 573 |  |  | 119 |  |  | — |  |  | — |  |  | 692 |
Acquisition expense | 5 |  |  | 2,353 |  |  | — |  |  | — |  |  | 2,358 |
| 295,373 |  |  | 36,724 |  |  | 2 |  |  | — |  |  | 332,099 |
INCOME (LOSS) FROM OPERATIONS | 226,421 |  |  | 98,439 |  |  | (2 | ) |  | — |  |  | 324,858 |
OTHER (INCOME) EXPENSE: |  |  |  |  |  |  |  |  |
Interest expense | 51,181 |  |  | (3,514 | ) |  | — |  |  | — |  |  | 47,667 |
Interest income | (884 | ) |  | (6 | ) |  | — |  |  | — |  |  | (890 | )
(Income) loss from equity method investments and investments in subsidiaries | (83,089 | ) |  | 2,458 |  |  | 573 |  |  | 98,266 |  |  | 18,208 |
Other (income) expense | (1,178 | ) |  | (240 | ) |  | — |  |  | 900 |  |  | (518 | )
| (33,970 | ) |  | (1,302 | ) |  | 573 |  |  | 99,166 |  |  | 64,467 |
INCOME (LOSS) BEFORE INCOME TAXES | 260,391 |  |  | 99,741 |  |  | (575 | ) |  | (99,166 | ) |  | 260,391 |
INCOME TAX BENEFIT | — |  |  | — |  |  | — |  |  | — |  |  | — |
NET INCOME (LOSS) | $ | 260,391 |  |  | $ | 99,741 |  |  | $ | (575 | ) |  | $ | (99,166 | ) |  | $ | 260,391 |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (Amounts in thousands)
| Six months ended June 30, 2016
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Total revenues | $ | 128,171 |  |  | $ | 631 |  |  | $ | — |  |  | $ | — |  |  | $ | 128,802 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Lease operating expenses | 30,963 |  |  | 355 |  |  | — |  |  | — |  |  | 31,318 |
Production taxes | 5,915 |  |  | 52 |  |  | — |  |  | — |  |  | 5,967 |
Midstream gathering and processing | 76,865 |  |  | 136 |  |  | — |  |  | — |  |  | 77,001 |
Depreciation, depletion, and amortization | 121,127 |  |  | 2 |  |  |  |  |  |  |  |  | 121,129 |
Impairment of oil and natural gas properties | 389,612 |  |  | — |  |  | — |  |  | — |  |  | 389,612 |
General and administrative | 22,458 |  |  | 14 |  |  | 2 |  |  | — |  |  | 22,474 |
Accretion expense | 508 |  |  | — |  |  | — |  |  | — |  |  | 508 |
| 647,448 |  |  | 559 |  |  | 2 |  |  | — |  |  | 648,009 |
(LOSS) INCOME FROM OPERATIONS | (519,277 | ) |  | 72 |  |  | (2 | ) |  | — |  |  | (519,207 | )
OTHER (INCOME) EXPENSE: |  |  |  |  |  |  |  |  |
Interest expense | 32,104 |  |  | 1 |  |  | — |  |  | — |  |  | 32,105 |
Interest income | (485 | ) |  | — |  |  | — |  |  | — |  |  | (485 | )
Loss (income) from equity method investments and investments in subsidiaries | 31,495 |  |  | 59 |  |  | 24,447 |  |  | (24,428 | ) |  | 31,573 |
Other income | — |  |  | (9 | ) |  | — |  |  | — |  |  | (9 | )
| 63,114 |  |  | 51 |  |  | 24,447 |  |  | (24,428 | ) |  | 63,184 |
(LOSS) INCOME BEFORE INCOME TAXES | (582,391 | ) |  | 21 |  |  | (24,449 | ) |  | 24,428 |  |  | (582,391 | )
INCOME TAX BENEFIT | (348 | ) |  | — |  |  | — |  |  | — |  |  | (348 | )
NET (LOSS) INCOME | $ | (582,043 | ) |  | $ | 21 |  |  | $ | (24,449 | ) |  | $ | 24,428 |  |  | $ | (582,043 | )
Condensed Consolidating Statements of Comprehensive Income (Loss) | CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Amounts in thousands)
| Three months ended June 30, 2017
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net income (loss) | $ | 105,936 |  |  | $ | 53,860 |  |  | $ | (209 | ) |  | $ | (53,651 | ) |  | $ | 105,936 |
Foreign currency translation adjustment | 4,514 |  |  | 19 |  |  | 4,495 |  |  | (4,514 | ) |  | 4,514 |
Other comprehensive income (loss) | 4,514 |  |  | 19 |  |  | 4,495 |  |  | (4,514 | ) |  | 4,514 |
Comprehensive income (loss) | $ | 110,450 |  |  | $ | 53,879 |  |  | $ | 4,286 |  |  | $ | (58,165 | ) |  | $ | 110,450 |
| Three months ended June 30, 2016
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net (loss) income | $ | (339,776 | ) |  | $ | 55 |  |  | $ | (762 | ) |  | $ | 707 |  |  | $ | (339,776 | )
Foreign currency translation adjustment | (684 | ) |  | — |  |  | (604 | ) |  | 604 |  |  | (684 | )
Other comprehensive (loss) income | (684 | ) |  | — |  |  | (604 | ) |  | 604 |  |  | (684 | )
Comprehensive (loss) income | $ | (340,460 | ) |  | $ | 55 |  |  | $ | (1,366 | ) |  | $ | 1,311 |  |  | $ | (340,460 | )
| Six months ended June 30, 2017
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net income (loss) | $ | 260,391 |  |  | $ | 99,741 |  |  | $ | (575 | ) |  | $ | (99,166 | ) |  | $ | 260,391 |
Foreign currency translation adjustment | 5,887 |  |  | 74 |  |  | 5,813 |  |  | (5,887 | ) |  | 5,887 |
Other comprehensive income (loss) | 5,887 |  |  | 74 |  |  | 5,813 |  |  | (5,887 | ) |  | 5,887 |
Comprehensive income (loss) | $ | 266,278 |  |  | $ | 99,815 |  |  | $ | 5,238 |  |  | $ | (105,053 | ) |  | $ | 266,278 |
| Six months ended June 30, 2016
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net (loss) income | $ | (582,043 | ) |  | $ | 21 |  |  | $ | (24,449 | ) |  | $ | 24,428 |  |  | $ | (582,043 | )
Foreign currency translation adjustment | 8,374 |  |  | — |  |  | 9,669 |  |  | (9,669 | ) |  | 8,374 |
Other comprehensive income (loss) | 8,374 |  |  | — |  |  | 9,669 |  |  | (9,669 | ) |  | 8,374 |
Comprehensive (loss) income | $ | (573,669 | ) |  | $ | 21 |  |  | $ | (14,780 | ) |  | $ | 14,759 |  |  | $ | (573,669 | )
Condensed Consolidating Statements of Cash Flows | CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (Amounts in thousands)
| Six months ended June 30, 2017
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net cash provided by (used in) operating activities | $ | 268,068 |  |  | $ | 18,585 |  |  | $ | 1 |  |  | $ | (1 | ) |  | $ | 286,653 |
Net cash (used in) provided by investing activities | (1,669,539 | ) |  | (1,362,222 | ) |  | (1,151 | ) |  | 1,388,288 |  |  | (1,644,624 | )
Net cash provided by (used in) financing activities | 199,651 |  |  | 1,387,137 |  |  | 1,150 |  |  | (1,388,287 | ) |  | 199,651 |
Net (decrease) increase in cash and cash equivalents | (1,201,820 | ) |  | 43,500 |  |  | — |  |  | — |  |  | (1,158,320 | )
Cash and cash equivalents at beginning of period | 1,273,882 |  |  | 1,993 |  |  | — |  |  | — |  |  | 1,275,875 |
Cash and cash equivalents at end of period | $ | 72,062 |  |  | $ | 45,493 |  |  | $ | — |  |  | $ | — |  |  | $ | 117,555 |
| Six months ended June 30, 2016
| Parent |  | Guarantors |  | Non-Guarantor |  | Eliminations |  | Consolidated
Net cash provided by operating activities | $ | 142,470 |  |  | $ | 254 |  |  | $ | — |  |  | $ | — |  |  | $ | 142,724 |
Net cash (used in) provided by investing activities | (281,044 | ) |  | (25,500 | ) |  | (13,690 | ) |  | 39,190 |  |  | (281,044 | )
Net cash provided by (used in) financing activities | 421,783 |  |  | 25,500 |  |  | 13,690 |  |  | (39,190 | ) |  | 421,783 |
Net increase in cash and cash equivalents | 283,209 |  |  | 254 |  |  | — |  |  | — |  |  | 283,463 |
Cash and cash equivalents at beginning of period | 112,494 |  |  | 479 |  |  | 1 |  |  | — |  |  | 112,974 |
Cash and cash equivalents at end of period | $ | 395,703 |  |  | $ | 733 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 396,437 |

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