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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 309,766 $ 207,681
Accounts receivable, net 445,506 206,336
Derivative contracts 71,022 4,066
Inventories 3,618 6,903
Costs in excess of billings 11,229 0
Prepaid expenses 31,319 14,099
Restricted deposit 255,000 0
Other current assets 15,425 2,755
Total current assets 1,142,885 441,840
Oil and natural gas properties, using full cost method of accounting    
Proved (includes development and project costs excluded from amortization of $72.4 million and $231.3 million at December 31, 2012 and 2011, respectively) 12,262,921 [1] 8,969,296 [1]
Unproved 865,863 689,393
Less: accumulated depreciation, depletion and impairment (5,231,182) (4,791,534)
Net oil and natural gas properties capitalized costs 7,897,602 4,867,155
Other property, plant and equipment, net 582,375 522,269
Restricted deposits 27,947 27,912
Derivative contracts 23,617 26,415
Goodwill 0 235,396
Other assets 116,305 98,622
Total assets 9,790,731 6,219,609
Current liabilities    
Current maturities of long-term debt 0 1,051
Accounts payable and accrued expenses 766,544 506,784
Billings and estimated contract loss in excess of costs incurred 15,546 43,320
Derivative contracts 14,860 115,435
Asset retirement obligations 118,504 32,906
Deposit on pending sale 255,000 0
Total current liabilities 1,170,454 699,496
Long-term debt 4,301,083 2,813,125
Derivative contracts 59,787 49,695
Asset retirement obligations 379,906 95,210
Other long-term obligations 17,046 13,133
Total liabilities 5,928,276 3,670,659
Commitments and contingencies (Note 16)      
Preferred stock, $0.001 par value, 50,000 shares authorized    
Common stock, $0.001 par value, 800,000 shares authorized; 491,578 issued and 490,359 outstanding at December 31, 2012 and 412,827 issued and 411,953 outstanding at December 31, 2011 476 399
Additional paid-in capital 5,233,019 4,568,856
Additional paid-in capital - stockholder receivable (5,000) 0
Treasury stock, at cost (8,602) (6,158)
Accumulated deficit (2,851,048) (2,937,094)
Total SandRidge Energy, Inc. stockholders' equity 2,368,853 1,626,011
Noncontrolling interest 1,493,602 922,939
Total equity 3,862,455 2,548,950
Total liabilities and equity 9,790,731 6,219,609
8.5% Convertible perpetual preferred stock
   
Preferred stock, $0.001 par value, 50,000 shares authorized    
Preferred stock 3 3
6.0% Convertible perpetual preferred stock
   
Preferred stock, $0.001 par value, 50,000 shares authorized    
Preferred stock 2 2
7.0% Convertible perpetual preferred stock
   
Preferred stock, $0.001 par value, 50,000 shares authorized    
Preferred stock $ 3 $ 3
[1] Includes cumulative capitalized interest on oil and natural gas properties of $11.7 million and $1.6 million at December 31, 2012 and 2011, respectively.