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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2019
Accounting Policies [Abstract]  
Disaggregation of revenue
The following table summarizes the Company’s total revenues and revenues from contracts with customers on a disaggregated basis for the three and six months ended June 30, 2019 and 2018 (in thousands).
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2019
 
2018
 
2019
 
2018
Revenues from contracts with customers
$
234,382

 
$
212,426

 
$
450,720

 
$
397,448

Realized gain (loss) on derivatives
1,165

 
(2,488
)
 
4,435

 
(6,746
)
Unrealized gain (loss) on derivatives
6,157

 
1,429

 
(39,562
)
 
11,845

Total revenues
$
241,704

 
$
211,367

 
$
415,593

 
$
402,547

 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2019
 
2018
 
2019
 
2018
Oil revenues
$
189,085

 
$
166,271

 
$
343,288

 
$
314,430

Natural gas revenues
21,975

 
42,748

 
61,041

 
76,543

Third-party midstream services revenues
14,359

 
3,407

 
26,197

 
6,475

Sales of purchased natural gas
8,963

 

 
20,194

 

Total revenues from contracts with customers
$
234,382

 
$
212,426

 
$
450,720

 
$
397,448


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 and six months ended June 30, 2019 and 2018 (in thousands).
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
2019
 
2018
 
2019
 
2018
Weighted average common shares outstanding
 
 
 
 
 
 
 
Basic
116,571

 
112,706

 
116,469

 
110,809

Dilutive effect of options and restricted stock units
332

 
350

 
370

 
471

Diluted weighted average common shares outstanding
116,903

 
113,056

 
116,839

 
111,280