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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 790,142 $ 181,253
Accounts receivable, net 198,205 330,077
Derivative contracts 103,317 291,414
Prepaid expenses 11,308 7,981
Other current assets 6,025 21,193
Total current assets 1,108,997 831,918
Oil and natural gas properties, using full cost method of accounting    
Proved 12,302,551 11,707,147
Unproved 260,657 290,596
Less: accumulated depreciation, depletion and impairment (10,235,369) (6,359,149)
Net oil and natural gas properties capitalized costs 2,327,839 5,638,594
Other property, plant and equipment, net 507,247 576,463
Derivative contracts 16,249 47,003
Other assets 142,750 165,247
Total assets 4,103,082 7,259,225
Current liabilities    
Accounts payable and accrued expenses 445,045 683,392
Derivative contracts 369 0
Deferred tax liability 51,126 95,843
Other current liabilities 0 5,216
Total current liabilities 496,540 784,451
Long-term debt 3,936,994 3,195,436
Derivative contracts 326 0
Asset retirement obligations 58,121 54,402
Other long-term obligations 14,371 15,116
Total liabilities $ 4,506,352 $ 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, 547,718 issued and 546,157 outstanding at September 30, 2015; 800,000 shares authorized, 485,932 issued and 484,819 outstanding at December 31, 2014 $ 542 $ 477
Additional paid-in capital 5,270,225 5,204,024
Additional paid-in capital—stockholder receivable (2,500) (2,500)
Treasury stock, at cost (6,876) (6,980)
Accumulated deficit (6,328,118) (3,257,202)
Total SandRidge Energy, Inc. stockholders’ (deficit) equity (1,066,721) 1,937,825
Noncontrolling interest 663,451 1,271,995
Total stockholders’ (deficit) equity (403,270) 3,209,820
Total liabilities and stockholders’ (deficit) equity 4,103,082 7,259,225
8.5% Convertible perpetual preferred stock; 2,650 shares issued and outstanding at September 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 September 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