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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Oil and natural gas revenues $ 278,340 $ 367,712 $ 269,030
Realized gain (loss) on derivatives 77,094 5,022 (909)
Unrealized (loss) gain on derivatives (39,265) 58,302 (7,232)
Total revenues 316,169 431,036 260,889
Expenses      
Production taxes and marketing 35,535 33,172 20,973
Lease operating 58,193 51,353 38,720
Depletion, depreciation and amortization 178,847 134,737 98,395
Accretion of asset retirement obligations 734 504 348
Full-cost ceiling impairment 801,166 0 21,229
General and administrative 50,105 32,152 20,779
Total expenses 1,124,580 251,918 200,444
Operating (loss) income (808,411) 179,118 60,445
Other income (expense)      
Net loss on asset sales and inventory impairment 908 0 (192)
Interest expense (21,754) (5,334) (5,687)
Interest and other income 2,365 1,345 225
Total other expense (18,481) (3,989) (5,654)
(Loss) income before income taxes (826,892) 175,129 54,791
Income tax provision (benefit)      
Current 2,959 133 404
Deferred (150,327) 64,242 9,293
Total income tax (benefit) provision (147,368) 64,375 9,697
Net (loss) income (679,524) 110,754 45,094
Net (income) loss attributable to non-controlling interest in subsidiaries (261) 17 0
Net (loss) income $ (679,785) $ 110,771 $ 45,094
Earnings (loss) per common share      
Basic (usd per share) $ (8.34) $ 1.58 $ 0.77
Diluted (usd per share) $ (8.34) $ 1.56 $ 0.77
Weighted average common shares outstanding      
Basic 81,537 70,229 58,777
Diluted 81,537 70,906 58,929