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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 652,680 $ 435,588
Accounts receivable, net 61,446 127,387
Derivative contracts 10,192 84,349
Prepaid expenses 12,514 6,833
Other current assets 1,003 19,931
Total current assets 737,835 674,088
Oil and natural gas properties, using full cost method of accounting    
Proved 12,093,492 12,529,681
Unproved 322,580 363,149
Less: accumulated depreciation, depletion and impairment (11,637,538) (11,149,888)
Net oil and natural gas properties capitalized costs 778,534 1,742,942
Other property, plant and equipment, net 357,528 491,760
Derivative contracts 70 0
Other assets 12,537 13,237
Total assets 1,886,504 2,922,027
Current liabilities    
Accounts payable and accrued expenses 140,448 428,417
Derivative contracts 2,982 573
Asset retirement obligations 8,573 8,399
Total current liabilities 152,003 437,389
Long-term debt 0 3,562,378
Derivative contracts 935 0
Asset retirement obligations 62,896 95,179
Other long-term obligations 3 14,814
Liabilities subject to compromise 4,346,188 0
Total liabilities 4,562,025 4,109,760
Commitments and contingencies (Note 8)
Preferred stock, $0.001 par value, 50,000 shares authorized    
Common stock, $0.001 par value; 1,800,000 shares authorized; 720,936 issued and 719,425 outstanding at September 30, 2016 and 635,584 issued and 633,471 outstanding at December 31, 2015 718 630
Additional paid-in capital 5,315,655 5,301,136
Additional paid-in capital—stockholder receivable (1,250) (1,250)
Treasury stock, at cost (5,218) (5,742)
Accumulated deficit (7,985,411) (6,992,697)
Total SandRidge Energy, Inc. stockholders’ deficit (2,675,500) (1,697,917)
Noncontrolling interest (21) 510,184
Total stockholders’ deficit (2,675,521) (1,187,733)
Total liabilities and stockholders’ deficit 1,886,504 2,922,027
8.5% Convertible perpetual preferred stock; 2,650 shares issued and outstanding at September 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 September 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