Summarized Quarterly Financial Information

12 Months Ended

Dec. 31, 2013

Summarized Quarterly Financial Information Disclosure [Abstract]

SUMMARIZED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

14. SUMMARIZED QUARTERLY FINANCIAL INFORMATION (UNAUDITED):

		2013
		1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Total
Revenues from continuing operations	$	225,626	$	261,376	$	221,205	$	225,197	$	933,404
(Loss) gain on commodity derivatives		(44,715)		22,091		2,074		(26,204)		(46,754)
Expenses from continuing operations		139,994		143,002		136,389		141,753		561,138
Interest expense		25,764		25,238		25,174		25,310		101,486
Other income (expense), net		2,648		2,641		2,575		2,332		10,196
Income before income tax provision (benefit)		17,801		117,868		64,291		34,262		234,222
Income tax provision (benefit)		1,368		1,491		381		(6,856)		(3,616)
Net income	$	16,433	$	116,377	$	63,910	$	41,118	$	237,838
Net income per common share - basic	$	0.11	$	0.76	$	0.42	$	0.27	$	1.55
Net income per common share - fully diluted	$	0.11	$	0.75	$	0.41	$	0.27	$	1.54
		2012
		1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Total
Revenues from continuing operations	$	226,143	$	170,270	$	196,375	$	217,186	$	809,974
Gain (loss) on commodity derivatives		120,283		(33,287)		(9,896)		(3,519)		73,581
Expenses from continuing operations		193,539		186,064		156,503		146,682		682,788
Ceiling test and other impairments		-		1,869,136		606,827		496,501		2,972,464
Interest expense		18,298		18,748		25,369		25,765		88,180
Contract cancellation fees		4,846		4,666		(291)		6,248		15,469
Other income (expense), net		8		7		(42)		(1,738)		(1,765)
Income (loss) before income tax provision (benefit)		129,751		(1,941,624)		(601,971)		(463,267)		(2,877,111)
Income tax provision (benefit)		45,489		(754,642)		175		8,765		(700,213)
Net income (loss)	$	84,262	$	(1,186,982)	$	(602,146)	$	(472,032)	$	(2,176,898)
Net income (loss) per common share - basic	$	0.55	$	(7.76)	$	(3.94)	$	(3.09)	$	(14.24)
Net income (loss) per common share - fully diluted	$	0.55	$	(7.76)	$	(3.94)	$	(3.09)	$	(14.24)