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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
Oil and natural gas revenues $ 269,030 $ 155,998 $ 67,000
Realized (loss) gain on derivatives (909) 13,960 7,106
Unrealized (loss) gain on derivatives (7,232) (4,802) 5,138
Total revenues 260,889 165,156 79,244
Expenses      
Production taxes and marketing 20,973 11,672 6,278
Lease operating 38,720 28,184 7,244
Depletion, depreciation and amortization 98,395 80,454 31,754
Accretion of asset retirement obligations 348 256 209
Full-cost ceiling impairment 21,229 63,475 35,673
General and administrative 20,779 14,543 13,394
Total expenses 200,444 198,584 94,552
Operating income (loss) 60,445 (33,428) (15,308)
Other income (expense)      
Net loss on asset sales and inventory impairment (192) (485) (154)
Interest expense (5,687) (1,002) (683)
Interest and other income 225 224 315
Total other expense (5,654) (1,263) (522)
Income (loss) before income taxes 54,791 (34,691) (15,830)
Income tax provision (benefit)      
Current 404 0 (46)
Deferred 9,293 (1,430) (5,475)
Total income tax provision (benefit) 9,697 (1,430) (5,521)
Net income (loss) $ 45,094 $ (33,261) $ (10,309)
Basic      
Basic 58,777 53,957 42,718
Diluted      
Diluted 58,929 53,957 42,718
Class A
     
Basic      
Basic (usd per share) $ 0.77 $ (0.62) $ (0.25)
Diluted      
Diluted (usd per share) $ 0.77 $ (0.62) $ (0.25)
Basic      
Basic 58,777 53,852 41,687
Diluted      
Diluted 58,929 53,852 41,687
Class B
     
Basic      
Basic (usd per share) $ 0.00 $ (0.35) $ 0.02
Diluted      
Diluted (usd per share) $ 0.00 $ (0.35) $ 0.02
Basic      
Basic 0 105 1,031
Diluted      
Diluted 0 105 1,031