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Accounts Payable and Accrued Expenses (Tables)

12 Months Ended

Dec. 31, 2013

Accounts Payable and Accrued Liabilities, Current [Abstract]

Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consist of the following (in thousands):

	December 31,
	2013				2012
Accounts payable and other accrued expenses	$	341,008			$	461,067
Accrued interest	80,740				92,125
Production payable	127,647				97,245
Drilling advances	184,203				68,742
Payroll and benefits	59,785				29,811
Convertible perpetual preferred stock dividends	16,572				16,572
Related party	2,533				982
Total accounts payable and accrued expenses	$	812,488			$	766,544

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- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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No definition available.

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