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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Revenues [Abstract]        
Total Revenues $ 37,259 $ 25,406 $ 60,273 $ 54,955
Costs and Expenses [Abstract]        
Lease operating expenses 6,773 6,028 11,569 11,757
Production taxes 1,937 1,156 2,998 2,515
Exploration costs 5,473 1,747 5,897 2,474
Depletion, depreciation, amortization and accretion 6,251 5,357 12,241 10,992
General and administrative:        
Administrative costs 2,696 3,514 5,141 6,733
Unit-based compensation expense 276 206 689 359
Stock-based compensation expense 4,571 0 4,571 0
Cost of contract services - related parties 91 138 239 306
Transaction costs 2,164 28 3,213 27
Total Costs and Expenses 30,232 18,174 46,558 35,163
Income From Operations 7,027 7,232 13,715 19,792
Other Income (Expense):        
Interest expense (1,165) (1,418) (2,400) (2,784)
Gain (loss) on derivatives (24,903) 69,239 (38,812) 51,204
Total Other Income (Expense) (26,068) 67,821 (41,212) 48,420
Net Income (Loss) From Continuing Operations Before Income Taxes (19,041) 75,053 (27,497) 68,212
Income tax expense (14,231) 0 (13,716) 0
Net Income (Loss) From Continuing Operations (33,272) 75,053 (41,213) 68,212
Loss from discontinued operations (18,631) 0 (18,631) 0
Income tax benefit on discontinued operations 25 0 25 0
Loss on discontinued operations (18,606) 0 (18,606) 0
Net income (loss) (51,878) 75,053 (59,819) 68,212
Dividends on preferred units (574) (877) (1,491) (1,741)
Net Income (Loss) Attributable to Common Shareholders/Unitholders (52,452) 74,176 (61,310) 66,471
Net Income (Loss) Attributable to Common Shareholders/Unitholders $ (52,452) $ 74,176 $ (61,310) $ 66,471
Net Income (Loss) per Share/Unit:        
Net Income (Loss) per Share/Unit from Continuing Operations, Basic (USD per share) $ (2.33) $ 5.95 $ (3.15) $ 5.34
Net Income (Loss) per Share/Unit from Continuing Operations, Diluted (USD per share) (2.33) 4.55 (3.15) 4.15
Net Income (Loss) per Share/Unit from Discontinued Operations, Basic (USD per share) (1.28) 0 (1.37) 0
Net Income (Loss) per Share/Unit from Discontinued Operations, Diluted (USD per share) (1.28) 0 (1.37) 0
Basic (USD per Share/Unit) (3.61) 5.95 (4.52) 5.34
Diluted (USD per Share/Unit) $ (3.61) $ 4.55 $ (4.52) $ 4.15
Weighted Average Common Share/Units Outstanding:        
Basic (in Share/Unit) 14,542,273 12,457,273 13,574,767 12,446,010
Diluted (in Share/Unit) 14,542,273 16,486,275 13,574,767 16,435,245
Oil and natural gas sales, net        
Revenues [Abstract]        
Total Revenues $ 36,659 $ 24,356 $ 59,073 $ 52,855
Contract services – related parties        
Revenues [Abstract]        
Total Revenues $ 600 $ 1,050 $ 1,200 $ 2,100