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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Oil, natural gas and NGL $ 339,906 $ 454,282 $ 745,222 $ 932,299
Drilling and services 18,852 16,078 35,932 33,448
Midstream and marketing 14,874 15,198 32,784 28,230
Construction contract 0 23,253 0 23,253
Other 1,082 4,176 3,832 7,447
Total revenues 374,714 512,987 817,770 1,024,677
Expenses        
Production 58,498 116,811 157,033 249,312
Production taxes 7,840 6,564 15,647 16,003
Cost of sales 10,469 15,348 22,950 31,665
Midstream and marketing 13,254 14,927 29,254 26,730
Construction contract 0 23,253 0 23,253
Depreciation and depletion—oil and natural gas 97,267 138,903 212,452 296,429
Depreciation and amortization—other 15,411 16,022 30,933 31,358
Accretion of asset retirement obligations 1,065 9,800 6,811 19,579
Impairment 3,133 15,643 167,912 15,643
General and administrative 31,102 65,541 61,531 134,587
Employee termination benefits 813 107,720 8,922 118,118
Loss (gain) on derivative contracts 85,292 (103,654) 127,783 (62,757)
Loss (gain) on sale of assets 36 (349) 17 397,825
Total expenses 324,180 426,529 841,245 1,297,745
Income (loss) from operations 50,534 86,458 (23,475) (273,068)
Other income (expense)        
Interest expense (61,863) (61,159) (123,906) (147,069)
Loss on extinguishment of debt 0 0 0 (82,005)
Other income (expense), net 1,338 (106) 3,432 505
Total other expense (60,525) (61,265) (120,474) (228,569)
(Loss) income before income taxes (9,991) 25,193 (143,949) (501,637)
Income tax (benefit) expense (1,194) 508 (1,067) 4,937
Net (loss) income (8,797) 24,685 (142,882) (506,574)
Less: net income (loss) attributable to noncontrolling interest 15,642 45,121 9,572 (6,798)
Net loss attributable to SandRidge Energy, Inc. (24,439) (20,436) (152,454) (499,776)
Preferred stock dividends 13,881 13,881 27,763 27,763
Loss applicable to SandRidge Energy, Inc. common stockholders $ (38,320) $ (34,317) $ (180,217) $ (527,539)
Loss per share        
Basic (in dollars) $ (0.08) $ (0.07) $ (0.37) $ (1.10)
Diluted (in dollars) $ (0.08) $ (0.07) $ (0.37) $ (1.10)
Weighted average number of common shares outstanding        
Basic (in shares) 485,318 479,154 485,059 478,494
Diluted (in shares) 485,318 479,154 485,059 478,494