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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 435,588 $ 181,253
Accounts receivable, net 127,387 330,077
Derivative contracts 84,349 291,414
Prepaid expenses 6,833 7,981
Other current assets 19,931 21,193
Total current assets 674,088 831,918
Oil and natural gas properties, using full cost method of accounting    
Proved (includes development and project costs excluded from amortization of $34.6 million and $53.6 million at December 31, 2015 and 2014, respectively) 12,529,681 11,707,147
Unproved 363,149 290,596
Less: accumulated depreciation, depletion and impairment (11,149,888) (6,359,149)
Net oil and natural gas properties capitalized costs 1,742,942 5,638,594
Other property, plant and equipment, net 491,760 576,463
Derivative contracts 0 47,003
Other assets 82,365 165,247
Total assets 2,991,155 7,259,225
Current liabilities    
Accounts payable and accrued expenses 428,417 683,392
Derivative contracts 573 0
Asset retirement obligations 8,399 0
Deferred tax liability 0 95,843
Other current liabilities 0 5,216
Total current liabilities 437,389 784,451
Long-term debt 3,631,506 3,195,436
Asset retirement obligations 95,179 54,402
Other long-term obligations 14,814 15,116
Total liabilities $ 4,178,888 $ 4,049,405
Commitments and contingencies (Note 15)
Preferred stock, $0.001 par value, 50,000 shares authorized    
Common stock, $0.001 par value; 1,800,000 shares authorized, 635,584 issued and 633,471 outstanding at December 31, 2015; 800,000 shares authorized, 485,932 issued and 484,819 outstanding at December 31, 2014 $ 630 $ 477
Additional paid-in capital 5,301,136 5,204,024
Additional paid-in capital—stockholder receivable (1,250) (2,500)
Treasury stock, at cost (5,742) (6,980)
Accumulated deficit (6,992,697) (3,257,202)
Total SandRidge Energy, Inc. stockholders’ (deficit) equity (1,697,917) 1,937,825
Noncontrolling interest 510,184 1,271,995
Total stockholders’ (deficit) equity (1,187,733) 3,209,820
Total liabilities and stockholders’ (deficit) equity 2,991,155 7,259,225
8.5% Convertible perpetual preferred stock; 2,650 shares issued and outstanding at December 31, 2015 and 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; 2,770 shares issued and outstanding at December 31, 2015, aggregate liquidation preference of $277,000; 3,000 shares issued and outstanding at December 31, 2014, aggregate liquidation preference of $300,000    
Preferred stock, $0.001 par value, 50,000 shares authorized    
Preferred stock $ 3 $ 3