XML 57 R101.htm IDEA: XBRL DOCUMENT v2.4.0.8
Unaudited Condensed Consolidating Statements of Cash Flows of SandRidge Energy, Inc. and Wholly Owned Subsidiary Guarantors and Non-Guarantors (Detail) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Condensed Financial Statements, Captions    
Net cash (used in) provided by operating activities $ 595,007 $ 584,230
Cash flows from investing activities    
Capital expenditures for property, plant and equipment (1,163,539) (1,625,737)
Acquisition of assets (15,527) (837,019)
Proceeds from sale of assets 2,567,355 422,171
Conveyance of property for royalty trust   0
Other (15,527) 0
Net cash provided by (used in) investing activities 1,388,289 (2,040,585)
Cash flows from financing activities    
Proceeds from borrowings 0 1,850,344
Repayments of borrowings (1,115,500) (366,029)
Debt issuance costs (91) (48,220)
Proceeds from issuance of royalty trust units 0 587,086
Proceeds from the sale of royalty trust units   123,548
Distributions to unitholders (153,002) (127,023)
Premium on debt redemption (61,997) (825)
Intercompany borrowings (advances), net 0 0
Dividends paid - preferred (45,025) (45,025)
Cash (paid) received on settlement of financing derivative contracts 5,099 (38,703)
Other (42,306) (52,327)
Net cash (used in) provided by financing activities (1,372,805) 1,922,354
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 610,491 465,999
CASH AND CASH EQUIVALENTS, beginning of year 309,766 207,681
CASH AND CASH EQUIVALENTS, end of period 920,257 673,680
Parent
   
Condensed Financial Statements, Captions    
Net cash (used in) provided by operating activities (157,030) (173,036)
Cash flows from investing activities    
Capital expenditures for property, plant and equipment 0 0
Acquisition of assets   (693,090)
Proceeds from sale of assets 0 129,830
Conveyance of property for royalty trust   0
Other 0 (61,371)
Net cash provided by (used in) investing activities 0 (624,631)
Cash flows from financing activities    
Proceeds from borrowings   1,850,344
Repayments of borrowings (1,115,500) (350,000)
Debt issuance costs   (48,220)
Proceeds from issuance of royalty trust units   0
Proceeds from the sale of royalty trust units   0
Distributions to unitholders 0 0
Premium on debt redemption (61,997)  
Intercompany borrowings (advances), net 2,021,132 (136,464)
Dividends paid - preferred   (45,025)
Other (76,390) (13,624)
Net cash (used in) provided by financing activities 767,245 1,257,011
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 610,215 459,344
CASH AND CASH EQUIVALENTS, beginning of year 300,228 204,015
CASH AND CASH EQUIVALENTS, end of period 910,443 663,359
Guarantors
   
Condensed Financial Statements, Captions    
Net cash (used in) provided by operating activities 539,973 519,827
Cash flows from investing activities    
Capital expenditures for property, plant and equipment (1,163,539) (1,592,297)
Acquisition of assets   (143,929)
Proceeds from sale of assets 2,566,900 346,591
Conveyance of property for royalty trust   575,485
Other 18,756 251,159
Net cash provided by (used in) investing activities 1,422,117 (562,991)
Cash flows from financing activities    
Proceeds from borrowings   0
Repayments of borrowings 0 0
Debt issuance costs   0
Proceeds from issuance of royalty trust units   0
Proceeds from the sale of royalty trust units   0
Distributions to unitholders 0 0
Premium on debt redemption 0  
Intercompany borrowings (advances), net (2,025,243) 82,255
Dividends paid - preferred   0
Other 63,069 (38,704)
Net cash (used in) provided by financing activities (1,962,174) 43,551
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (84) 387
CASH AND CASH EQUIVALENTS, beginning of year 922 437
CASH AND CASH EQUIVALENTS, end of period 838 824
Non-Guarantors
   
Condensed Financial Statements, Captions    
Net cash (used in) provided by operating activities 211,364 173,523
Cash flows from investing activities    
Capital expenditures for property, plant and equipment 0 (33,440)
Acquisition of assets   0
Proceeds from sale of assets 455 1,335
Conveyance of property for royalty trust   (587,086)
Other 37 0
Net cash provided by (used in) investing activities 492 (619,191)
Cash flows from financing activities    
Proceeds from borrowings   0
Repayments of borrowings 0 (16,029)
Debt issuance costs   0
Proceeds from issuance of royalty trust units   587,086
Proceeds from the sale of royalty trust units   0
Distributions to unitholders (226,404) (193,263)
Premium on debt redemption 0  
Intercompany borrowings (advances), net 4,111 54,209
Dividends paid - preferred   0
Other 10,797 19,933
Net cash (used in) provided by financing activities (211,496) 451,936
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 360 6,268
CASH AND CASH EQUIVALENTS, beginning of year 8,616 3,229
CASH AND CASH EQUIVALENTS, end of period 8,976 9,497
Eliminations
   
Condensed Financial Statements, Captions    
Net cash (used in) provided by operating activities 700 63,916
Cash flows from investing activities    
Capital expenditures for property, plant and equipment 0 0
Acquisition of assets   0
Proceeds from sale of assets 0 (55,585)
Conveyance of property for royalty trust   11,601
Other (34,320) (189,788)
Net cash provided by (used in) investing activities (34,320) (233,772)
Cash flows from financing activities    
Proceeds from borrowings   0
Repayments of borrowings 0 0
Debt issuance costs   0
Proceeds from issuance of royalty trust units   0
Proceeds from the sale of royalty trust units   123,548
Distributions to unitholders 73,402 66,240
Premium on debt redemption 0  
Intercompany borrowings (advances), net 0 0
Dividends paid - preferred   0
Other (39,782) (19,932)
Net cash (used in) provided by financing activities 33,620 169,856
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 0 0
CASH AND CASH EQUIVALENTS, beginning of year 0 0
CASH AND CASH EQUIVALENTS, end of period $ 0 $ 0