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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Oil, natural gas and NGL $ 707,434 $ 1,420,879 $ 1,820,278
Drilling and services 22,124 76,088 66,586
Midstream and marketing 33,809 55,658 58,304
Construction contract 0 0 23,349
Other 5,342 6,133 14,871
Total revenues 768,709 1,558,758 1,983,388
Expenses      
Production 308,701 346,088 516,427
Production taxes 15,440 31,731 32,292
Cost of sales 24,394 56,155 57,118
Midstream and marketing 26,819 49,905 53,644
Construction contract 0 0 23,349
Depreciation and depletion—oil and natural gas 319,913 434,295 567,732
Depreciation and amortization—other 47,382 59,636 62,136
Accretion of asset retirement obligations 4,477 9,092 36,777
Impairment 4,534,689 192,768 26,280
General and administrative 137,715 113,991 207,920
Employee termination benefits 12,451 8,874 122,505
(Gain) loss on derivative contracts (73,061) (334,011) 47,123
Loss on settlement of contract 50,976 0 0
Loss on sale of assets 1,491 10 399,086
Total expenses 5,411,387 968,534 2,152,389
(Loss) income from operations (4,642,678) 590,224 (169,001)
Other (expense) income      
Interest expense (321,421) (244,109) (270,234)
Gain (loss) on extinguishment of debt 641,131 0 (82,005)
Other income, net 2,040 3,490 12,445
Total other income (expense) 321,750 (240,619) (339,794)
(Loss) income before income taxes (4,320,928) 349,605 (508,795)
Income tax expense (benefit) 123 (2,293) 5,684
Net (loss) income (4,321,051) 351,898 (514,479)
Less: net (loss) income attributable to noncontrolling interest (623,506) 98,613 39,410
Net (loss) income attributable to SandRidge Energy, Inc. (3,697,545) 253,285 (553,889)
Preferred stock dividends 37,950 50,025 55,525
(Loss applicable) income available to SandRidge Energy, Inc. common stockholders $ (3,735,495) $ 203,260 $ (609,414)
(Loss) earnings per share      
Basic (in dollars per share) $ (7.16) $ 0.42 $ (1.27)
Diluted (in dollars per share) $ (7.16) $ 0.42 $ (1.27)
Weighted average number of common shares outstanding      
Basic (in shares) 521,936 479,644 481,148
Diluted (in shares) 521,936 499,743 481,148