Subsequent Events	12 Months Ended
Dec. 31, 2013
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On March 12, 2014, the borrowing base under the Company’s Credit Agreement was increased to $385.0 million based on the lenders’ review of its proved oil and natural gas reserves at December 31, 2013. At that time, the Credit Agreement was also amended to include Wells Fargo Bank, N.A., which replaced Capital One, N.A., in the Company’s lending group, which also includes RBC as administrative agent, Comerica Bank, Citibank, N.A., The Bank of Nova Scotia, SunTrust Bank, BMO Harris Financing, Inc. (Bank of Montreal) and IberiaBank. The amendment also provided that the borrowing base will automatically be reduced to the conforming borrowing base on the earlier of (i) June 30, 2015 or (ii) concurrent with the issuance by the Company of senior unsecured notes in an amount greater than or equal to $10.0 million. At March 13, 2014, the Company had $250.0 million in borrowings and $0.3 million in letters of credit outstanding under its Credit Agreement. The Company incurred $0.8 million of additional deferred loan costs in connection with the borrowing base redetermination and amendment of the Credit Agreement. These costs will be included with the remaining unamortized portion of the deferred loan costs of $2.1 million at December 31, 2013 to be amortized over the term of the agreement. In February 2014, the Company granted awards of options to purchase 49,721 shares of the Company’s common stock at an exercise price of $19.71 per share to certain of its employees. The fair value of these awards was approximately $0.4 million. The Company also granted awards of 19,787 shares of restricted stock to certain of its employees in February 2014. The fair value of these restricted stock awards was approximately $0.4 million. All of these awards vest over a term of four years. In March 2014, the Company granted awards of options to purchase 224,962 of the Company’s common stock at an exercise price of $23.40 per share to certain of its employees. The fair value of these awards was approximately $2.2 million. The Company also granted awards of 67,690 shares of restricted stock to certain of its employees. The fair value of these awards was approximately $1.5 million. All of these awards vest over a term of four years. Subsequent to December 31, 2013, the Company entered into new contracts with respect to its contracted drilling rigs. The Company’s maximum outstanding termination obligations under its drilling rig contracts were approximately $13.7 million at March 13, 2014. Subsequent to December 31, 2013, the Company agreed to participate in the drilling and completion of various non-operated wells. If all of these wells are drilled and completed, the Company will have minimum outstanding aggregate commitments for its participation in these wells of approximately $20.1 million at March 13, 2014, which it expects to incur within the next six months.

SUBSEQUENT EVENTS

On March 12, 2014, the borrowing base under the Company’s Credit Agreement was increased to $385.0 million based on the lenders’ review of its proved oil and natural gas reserves at December 31, 2013. At that time, the Credit Agreement was also amended to include Wells Fargo Bank, N.A., which replaced Capital One, N.A., in the Company’s lending group, which also includes RBC as administrative agent, Comerica Bank, Citibank, N.A., The Bank of Nova Scotia, SunTrust Bank, BMO Harris Financing, Inc. (Bank of Montreal) and IberiaBank. The amendment also provided that the borrowing base will automatically be reduced to the conforming borrowing base on the earlier of (i) June 30, 2015 or (ii) concurrent with the issuance by the Company of senior unsecured notes in an amount greater than or equal to $10.0 million. At March 13, 2014, the Company had $250.0 million in borrowings and $0.3 million in letters of credit outstanding under its Credit Agreement. The Company incurred $0.8 million of additional deferred loan costs in connection with the borrowing base redetermination and amendment of the Credit Agreement. These costs will be included with the remaining unamortized portion of the deferred loan costs of $2.1 million at December 31, 2013 to be amortized over the term of the agreement.

In February 2014, the Company granted awards of options to purchase 49,721 shares of the Company’s common stock at an exercise price of $19.71 per share to certain of its employees. The fair value of these awards was approximately $0.4 million. The Company also granted awards of 19,787 shares of restricted stock to certain of its employees in February 2014. The fair value of these restricted stock awards was approximately $0.4 million. All of these awards vest over a term of four years. In March 2014, the Company granted awards of options to purchase 224,962 of the Company’s common stock at an exercise price of $23.40 per share to certain of its employees. The fair value of these awards was approximately $2.2 million. The Company also granted awards of 67,690 shares of restricted stock to certain of its employees. The fair value of these awards was approximately $1.5 million. All of these awards vest over a term of four years.

Subsequent to December 31, 2013, the Company entered into new contracts with respect to its contracted drilling rigs. The Company’s maximum outstanding termination obligations under its drilling rig contracts were approximately $13.7 million at March 13, 2014.

Subsequent to December 31, 2013, the Company agreed to participate in the drilling and completion of various non-operated wells. If all of these wells are drilled and completed, the Company will have minimum outstanding aggregate commitments for its participation in these wells of approximately $20.1 million at March 13, 2014, which it expects to incur within the next six months.