Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2018

$2.2 million decrease in oil and natural gas revenues and a $2.2 million decrease in production taxes, transportation and processing expenses for the three months ended March 31, 2018, which was not material. As a result of adoption of this standard, the Company is now required to disclose the following information regarding revenues from contracts with customers and revenues from contracts with customers on a disaggregated basis for the three months ended March 31, 2018 (in thousands).



Revenues from contracts with customers	$	185,022
Realized loss on derivatives	(4,258		)
Unrealized gain on derivatives	10,416
Total revenues	$	191,180



Oil revenues	$	148,159
Natural gas revenues	33,795
Third-party midstream services revenues	3,068
Total revenues from contracts with customers	$	185,022

Reconciliations of basic and diluted distributed and undistributed earnings (loss) per common share

The following table sets forth the computation of diluted weighted average common shares outstanding for the three months ended March 31, 2018 and 2017 (in thousands).



	Three Months Ended March 31,
	2018	2017
Weighted average common shares outstanding
Basic	108,913	99,799
Dilutive effect of options and restricted stock units	499	499
Diluted weighted average common shares outstanding	109,412	100,298