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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 983,617 $ 181,253
Accounts receivable, net 237,720 330,077
Derivative contracts 120,575 291,414
Prepaid expenses 9,938 7,981
Other current assets 25,985 21,193
Total current assets 1,377,835 831,918
Oil and natural gas properties, using full cost method of accounting    
Proved 12,199,049 11,707,147
Unproved 261,657 290,596
Less: accumulated depreciation, depletion and impairment (9,131,153) (6,359,149)
Net oil and natural gas properties capitalized costs 3,329,553 5,638,594
Other property, plant and equipment, net 556,848 576,463
Derivative contracts 23,470 47,003
Other assets 147,342 165,247
Total assets 5,435,048 7,259,225
Current liabilities    
Accounts payable and accrued expenses 494,675 683,392
Derivative contracts 102 0
Deferred tax liability 52,763 95,843
Other current liabilities 3,791 5,216
Total current liabilities 551,331 784,451
Long-term debt 4,395,639 3,195,436
Derivative contracts 26 0
Asset retirement obligations 57,084 54,402
Other long-term obligations 15,396 15,116
Total liabilities $ 5,019,476 $ 4,049,405
Commitments and contingencies (Note 10)    
Preferred stock, $0.001 par value, 50,000 shares authorized    
Common stock, $0.001 par value; 1,800,000 shares authorized, 519,269 issued and 517,958 outstanding at June 30, 2015; 800,000 shares authorized, 485,932 issued and 484,819 outstanding at December 31, 2014 $ 514 $ 477
Additional paid-in capital 5,252,785 5,204,024
Additional paid-in capital—stockholder receivable (2,500) (2,500)
Treasury stock, at cost (6,776) (6,980)
Accumulated deficit (5,678,592) (3,257,202)
Total SandRidge Energy, Inc. stockholders’ equity (434,563) 1,937,825
Noncontrolling interest 850,135 1,271,995
Total equity 415,572 3,209,820
Total liabilities and equity 5,435,048 7,259,225
8.5% Convertible perpetual preferred stock; 2,650 shares issued and outstanding at June 30, 2015 and December 31, 2014; aggregate liquidation preference of $265,000    
Preferred stock, $0.001 par value, 50,000 shares authorized    
Preferred stock 3 3
7.0% Convertible perpetual preferred stock; 3,000 shares issued and outstanding at June 30, 2015 and December 31, 2014; aggregate liquidation preference of $300,000    
Preferred stock, $0.001 par value, 50,000 shares authorized    
Preferred stock $ 3 $ 3