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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 1,308,733 $ 309,766
Accounts receivable, net 389,399 445,506
Derivative contracts 25,693 71,022
Costs in excess of billings 6,735 11,229
Prepaid expenses 40,159 31,319
Restricted deposit 0 255,000
Other current assets 18,439 19,043
Total current assets 1,789,158 1,142,885
Oil and natural gas properties, using full cost method of accounting    
Proved 9,975,304 [1] 12,262,921 [1]
Unproved 548,923 865,863
Less: accumulated depreciation, depletion and impairment (5,384,132) (5,231,182)
Net oil and natural gas properties capitalized costs 5,140,095 7,897,602
Other property, plant and equipment, net 595,511 582,375
Derivative contracts 25,219 23,617
Other assets 128,328 144,252
Total assets 7,678,311 9,790,731
Current liabilities    
Accounts payable and accrued expenses 672,372 766,544
Billings and estimated contract loss in excess of costs incurred 5,798 15,546
Derivative contracts 12,970 14,860
Asset retirement obligations 91,113 118,504
Deposit on pending sale 0 255,000
Total current liabilities 782,253 1,170,454
Long-term debt 3,194,543 4,301,083
Derivative contracts 40,384 59,787
Asset retirement obligations 367,456 379,906
Other long-term obligations 18,183 17,046
Total liabilities 4,402,819 5,928,276
Commitments and contingencies (Note 11)      
Preferred stock, $0.001 par value, 50,000 shares authorized    
Common stock, $0.001 par value, 800,000 shares authorized; 494,605 issued and 493,327 outstanding at March 31, 2013 and 491,578 issued and 490,359 outstanding at December 31, 2012 479 476
Additional paid-in capital 5,242,821 5,233,019
Additional paid-in capital - stockholder receivable (5,000) (5,000)
Treasury stock, at cost (8,974) (8,602)
Accumulated deficit (3,344,269) (2,851,048)
Total SandRidge Energy, Inc. stockholders' equity 1,885,065 2,368,853
Noncontrolling interest 1,390,427 1,493,602
Total equity 3,275,492 3,862,455
Total liabilities and equity 7,678,311 9,790,731
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 of $14.7 million and $11.7 million at March 31, 2013 and December 31, 2012, respectively.