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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 634,166 $ 435,588
Accounts receivable, net 81,718 127,387
Derivative contracts 21,000 84,349
Prepaid expenses 15,331 6,833
Other current assets 1,650 19,931
Total current assets 753,865 674,088
Oil and natural gas properties, using full cost method of accounting    
Proved 12,029,734 12,529,681
Unproved 338,573 363,149
Less: accumulated depreciation, depletion and impairment (11,313,610) (11,149,888)
Net oil and natural gas properties capitalized costs 1,054,697 1,742,942
Other property, plant and equipment, net 420,555 491,760
Other assets 11,791 13,237
Total assets 2,240,908 2,922,027
Current liabilities    
Accounts payable and accrued expenses 64,926 428,417
Derivative contracts 356 573
Asset retirement obligations 8,534 8,399
Total current liabilities 73,816 437,389
Long-term debt 0 3,562,378
Asset retirement obligations 62,425 95,179
Other long-term obligations 0 14,814
Liabilities subject to compromise 4,377,611 0
Total liabilities 4,513,852 4,109,760
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; 721,143 issued and 719,632 outstanding at June 30, 2016 and 635,584 issued and 633,471 outstanding at December 31, 2015 718 630
Additional paid-in capital 5,313,895 5,301,136
Additional paid-in capital—stockholder receivable (1,250) (1,250)
Treasury stock, at cost (5,218) (5,742)
Accumulated deficit (7,581,074) (6,992,697)
Total SandRidge Energy, Inc. stockholders’ deficit (2,272,923) (1,697,917)
Noncontrolling interest (21) 510,184
Total stockholders’ deficit (2,272,944) (1,187,733)
Total liabilities and stockholders’ deficit 2,240,908 2,922,027
8.5% Convertible perpetual preferred stock; 2,650 shares issued and outstanding at June 30, 2016 and December 31, 2015; 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; 2,597 shares issued and outstanding at June 30, 2016; aggregate liquidation preference of $259,700; 2,770 shares issued and outstanding at December 31, 2015; aggregate liquidation preference of $277,000    
Preferred stock, $0.001 par value, 50,000 shares authorized    
Preferred stock $ 3 $ 3