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Business Segment Information | 9 Months Ended
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Sep. 30, 2016
Segment Reporting [Abstract] |
Business Segment Information | Business Segment Information During the three and nine-month periods ended September 30, 2016, the Company had two reportable segments: exploration and production and midstream services. These segments represent the Company’s two main business units, each offering different products and services. The exploration and production segment is engaged in the exploration and production of oil and natural gas properties and includes the Company’s proportionate share of the activities of the Royalty Trusts. The midstream services segment coordinates the delivery of electricity to the Company’s exploration and production operations in the Mid-Continent. During the three and nine-month periods ended September 30, 2015, the Company operated in a third reportable segment, drilling and oilfield services; however, due to the discontinuance of the substantial majority of activity within the drilling and oilfield services business during the first quarter of 2016, this business no longer constitutes a reportable segment. The All Other columns in the tables below include items not related to the Company’s currently reportable segments, including drilling and oilfield services activity and the Company’s corporate operations. Management evaluates the performance of the Company’s business segments based on income (loss) from operations. Summarized financial information concerning the Company’s segments is shown in the following table (in thousands):
| Exploration and Production(1)(2) |  | Midstream Services(3) |  | All Other(4)(5) |  | Consolidated Total
Three Months Ended September 30, 2016 |  |  |  |  |  |  |
Revenues | $ | 99,934 |  |  | $ | 5,433 |  |  | $ | 2,180 |  |  | $ | 107,547 |
Inter-segment revenue | — |  |  | (2,429 | ) |  | (1,062 | ) |  | (3,491 | )
Total revenues | $ | 99,934 |  |  | $ | 3,004 |  |  | $ | 1,118 |  |  | $ | 104,056 |
Loss fr om operations | $ | (275,874 | ) |  | $ | (55,345 | ) |  | $ | (26,119 | ) |  | $ | (357,338 | )
Interest expense | (1 | ) |  | — |  |  | (3,342 | ) |  | (3,343 | )
Reorganization items, net | 2,228 |  |  | 468 |  |  | (45,450 | ) |  | (42,754 | )
Other (expense) income, net | (114 | ) |  | 462 |  |  | (1,246 | ) |  | (898 | )
Loss before income taxes | $ | (273,761 | ) |  | $ | (54,415 | ) |  | $ | (76,157 | ) |  | $ | (404,333 | )
Capital expenditures(6) | $ | 50,578 |  |  | $ | 1,166 |  |  | $ | 30 |  |  | $ | 51,774 |
Depreciation, depletion, amortization and accretion | $ | 27,744 |  |  | $ | 2,328 |  |  | $ | 5,167 |  |  | $ | 35,239 |
Three Months Ended September 30, 2015 |  |  |  |  |  |  |
Revenues | $ | 165,135 |  |  | $ | 20,812 |  |  | $ | 16,362 |  |  | $ | 202,309 |
Inter-segment revenue | — |  |  | (11,974 | ) |  | (10,183 | ) |  | (22,157 | )
Total revenues | $ | 165,135 |  |  | $ | 8,838 |  |  | $ | 6,179 |  |  | $ | 180,152 |
Loss from operations | $ | (988,903 | ) |  | $ | (2,090 | ) |  | $ | (68,740 | ) |  | $ | (1,059,733 | )
Interest expense | (3 | ) |  | — |  |  | (76,997 | ) |  | (77,000 | )
Gain on extinguishment of debt | — |  |  | — |  |  | 340,699 |  |  | 340,699 |
Other (expense) income, net | (109 | ) |  | 20 |  |  | (337 | ) |  | (426 | )
(Loss) income before income taxes | $ | (989,015 | ) |  | $ | (2,070 | ) |  | $ | 194,625 |  |  | $ | (796,460 | )
Capital expenditures(6) | $ | 106,013 |  |  | $ | 3,719 |  |  | $ | 3,565 |  |  | $ | 113,297 |
Depreciation, depletion, amortization and accretion | $ | 67,652 |  |  | $ | 2,984 |  |  | $ | 8,376 |  |  | $ | 79,012 |
Nine Months Ended September 30, 2016 |  |  |  |  |  |  |
Revenues | $ | 279,971 |  |  | $ | 23,073 |  |  | $ | 8,839 |  |  | $ | 311,883 |
Inter-segment revenue | — |  |  | (12,528 | ) |  | (5,546 | ) |  | (18,074 | )
Total revenues | $ | 279,971 |  |  | $ | 10,545 |  |  | $ | 3,293 |  |  | $ | 293,809 |
Loss from operations | $ | (754,323 | ) |  | $ | (56,736 | ) |  | $ | (95,144 | ) |  | $ | (906,203 | )
Interest expense, net | — |  |  | — |  |  | (126,099 | ) |  | (126,099 | )
Gain on extinguishment of debt | — |  |  | — |  |  | 41,179 |  |  | 41,179 |
Reorganization items, net | (16,276 | ) |  | 429 |  |  | (227,825 | ) |  | (243,672 | )
Other income (expense), net | 2,310 |  |  | (11 | ) |  | (967 | ) |  | 1,332 |
Loss before income taxes | $ | (768,289 | ) |  | $ | (56,318 | ) |  | $ | (408,856 | ) |  | $ | (1,233,463 | )
Capital expenditures(6) | $ | 155,627 |  |  | $ | 3,085 |  |  | $ | 2,695 |  |  | $ | 161,407 |
Depreciation, depletion, amortization and accretion | $ | 91,037 |  |  | $ | 7,120 |  |  | $ | 14,144 |  |  | $ | 112,301 |
At September 30, 2016 |  |  |  |  |  |  |
Total assets | $ | 846,103 |  |  | $ | 145,832 |  |  | $ | 894,569 |  |  | $ | 1,886,504 |
| Exploration and Production(1)(2) |  | Midstream Services(3) |  | All Other(4)(5) |  | Consolidated Total
Nine Months Ended September 30, 2015 |  |  |  |  |  |  |
Revenues | $ | 575,411 |  |  | $ | 63,123 |  |  | $ | 60,347 |  |  | $ | 698,881 |
Inter-segment revenue | (12 | ) |  | (36,915 | ) |  | (36,887 | ) |  | (73,814 | )
Total revenues | $ | 575,399 |  |  | $ | 26,208 |  |  | $ | 23,460 |  |  | $ | 625,067 |
Loss from operations | $ | (3,554,661 | ) |  | $ | (9,118 | ) |  | $ | (119,493 | ) |  | $ | (3,683,272 | )
Interest expense, net | (42 | ) |  | — |  |  | (213,527 | ) |  | (213,569 | )
Gain on extinguishment of debt | — |  |  | — |  |  | 358,633 |  |  | 358,633 |
Other income, net | 1,067 |  |  | 33 |  |  | 108 |  |  | 1,208 |
(Loss) income before income taxes | $ | (3,553,636 | ) |  | $ | (9,085 | ) |  | $ | 25,721 |  |  | $ | (3,537,000 | )
Capital expenditures(6) | $ | 559,515 |  |  | $ | 20,400 |  |  | $ | 21,137 |  |  | $ | 601,052 |
Depreciation, depletion, amortization and accretion | $ | 270,292 |  |  | $ | 8,457 |  |  | $ | 28,714 |  |  | $ | 307,463 |
At December 31, 2015 |  |  |  |  |  |  |
Total assets | $ | 1,959,975 |  |  | $ | 254,212 |  |  | $ | 707,840 |  |  | $ | 2,922,027 |
____________________
(1) | Loss from operations for the three and nine-month periods ended September 30, 2016 includes full cost ceiling limitation impairments of $298.0 million and $657.4 million, respectively. Additionally, the loss from operations for the nine-month period ended September 30, 2016 includes a loss on the settlement of contracts of $90.2 million and the write off a $16.7 million joint interest receivable after determination that its collection was doubtful at March 31, 2016.
(2) | Loss from operations for the three and nine-month periods ended September 30, 2015 includes full cost ceiling limitation impairments of $1.0 billion and $3.6 billion, respectively.
(3) | Loss from operations includes an impairment of $55.6 million on its electrical transmission system for the three and nine-month periods ended September 30, 2016 and a $1.7 million impairment of midstream assets for the nine-month period ended September 30, 2016.
(4) | Loss from operations for the three and nine-month periods ended September 30, 2016 includes an impairment of certain drilling and oilfield services assets previously classified as held for sale of $0.9 million and $3.5 million, respectively.
(5) | Loss from operations for the three and nine-month periods ended September 30, 2015 includes an impairment of $19.8 million on certain drilling assets and an impairment of $15.4 million on property located in downtown Oklahoma City, Oklahoma.
(6) | On an accrual basis and exclusive of acquisitions.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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