XML 49 R44.htm IDEA: XBRL DOCUMENT v2.4.1.9
Restatement of Previously Issued Financial Statements - Condensed Consolidated Statements of Operations (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Production $ 106,856us-gaap_LeaseOperatingExpense $ 140,457us-gaap_LeaseOperatingExpense
Total expenses 525,386us-gaap_CostsAndExpenses 879,172us-gaap_CostsAndExpenses [1]
Loss from operations (82,330)us-gaap_OperatingIncomeLoss [1],[2] (367,482)us-gaap_OperatingIncomeLoss [1],[2]
Loss before income taxes (142,279)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest [1],[2] (534,786)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest [1],[2]
Net loss (142,406)us-gaap_ProfitLoss [1] (539,215)us-gaap_ProfitLoss [1]
Net loss attributable to SandRidge Energy, Inc. (136,336)us-gaap_NetIncomeLoss [1] (487,296)us-gaap_NetIncomeLoss [1]
Loss applicable to SandRidge Energy, Inc. common stockholders (150,217)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (501,177)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Loss per share    
Basic (in dollars per share) $ (0.31)us-gaap_EarningsPerShareBasic $ (1.05)us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ (0.31)us-gaap_EarningsPerShareDiluted $ (1.05)us-gaap_EarningsPerShareDiluted
As Reported    
Production 98,535us-gaap_LeaseOperatingExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
132,501us-gaap_LeaseOperatingExpense
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Total expenses 517,065us-gaap_CostsAndExpenses
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
871,216us-gaap_CostsAndExpenses
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Loss from operations (74,009)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(359,526)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Loss before income taxes (133,958)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(526,830)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Net loss (134,085)us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(531,259)us-gaap_ProfitLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Net loss attributable to SandRidge Energy, Inc. (128,015)us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
(479,340)us-gaap_NetIncomeLoss
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Loss applicable to SandRidge Energy, Inc. common stockholders $ (141,896)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
$ (493,221)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Loss per share    
Basic (in dollars per share) $ (0.29)us-gaap_EarningsPerShareBasic
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
$ (1.03)us-gaap_EarningsPerShareBasic
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
Diluted (in dollars per share) $ (0.29)us-gaap_EarningsPerShareDiluted
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
$ (1.03)us-gaap_EarningsPerShareDiluted
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioPreviouslyReportedMember
[1] Guarantor and Consolidated direct operating expenses have been restated to reflect accrual of the CO2 delivery shortfall penalty. See Note 2.
[2] Loss from operations and loss before income taxes have been restated for the Exploration and Production segment and the Consolidated Total to reflect the impact of the accrual of the CO2 delivery shortfall penalty attributable to the three-month periods ended March 31, 2014 and 2013. See Note 2.