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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Statement of Financial Position [Abstract]    
Deferred gain on sale of property, current $ 4,830 $ 0
Current assets    
Cash 16,732 8,407
Restricted cash 44,357 609
Accounts receivable    
Oil and natural gas revenues 16,616 28,976
Joint interest billings 16,999 6,925
Other 10,794 9,091
Derivative instruments 16,284 55,549
Lease and well equipment inventory 2,022 1,212
Prepaid Expense and Other Assets, Current 3,203 1,649
Total current assets 127,007 112,418
Oil and natural gas properties, full-cost method    
Evaluated 2,122,174 1,617,913
Unproved and unevaluated 387,504 264,419
Other property and equipment 86,387 43,472
Less accumulated depletion, depreciation and amortization (1,583,659) (603,732)
Net property and equipment 1,012,406 1,322,072
Other assets    
Other assets 1,448 0
Total other assets 1,448 0
Total assets 1,140,861 1,434,490
Current liabilities    
Accounts payable 10,966 17,526
Accrued liabilities 92,369 107,356
Royalties payable 16,493 14,461
Due to affiliates, current 5,670 2,146
Advances from joint interest owners 700 0
Amounts due to joint ventures 2,793 0
Income taxes payable 2,848 444
Other current liabilities 161 103
Total current liabilities 136,830 142,036
Long-term liabilities    
Borrowings under Credit Agreement 0 338,199
Senior unsecured notes payable 391,254 0
Asset retirement obligations 15,166 11,640
Amounts due to joint ventures 3,956 0
Deferred income taxes 0 (73,534)
Deferred gain on sale of property, non-current 102,506 0
Other long-term liabilities 2,190 2,540
Total long-term liabilities $ 515,072 $ 425,913
Commitments and contingencies (Note 13)
Shareholders' equity    
Common stock — $0.01 par value, 120,000,000 and 80,000,000 shares authorized; 85,567,021 and 73,373,744 shares issued; 85,564,435 and 73,342,777 shares outstanding, respectively $ 856 $ 734
Additional paid-in capital 1,026,077 724,819
Retained (deficit) earnings (538,930) 140,855
Total shareholders' equity 488,003 866,408
Stockholders' Equity Attributable to Noncontrolling Interest 956 133
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 488,959 866,541
Total liabilities and shareholders' equity $ 1,140,861 $ 1,434,490