Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

The following table summarizes the Company’s total revenues and revenues from contracts with customers on a disaggregated basis for the three and nine months ended September 30, 2020 and 2019 (in thousands).


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Revenues from contracts with customers	$	221,825	$	264,498	$	593,529	$	715,218
Lease bonus - mineral acreage	—		1,711		4,062		1,711
Realized (loss) gain on derivatives	(5,406)		3,346		49,571		7,781
Unrealized (loss) gain on derivatives	(13,033)		9,847		(9,271)		(29,715)
Total revenues	$	203,386	$	279,402	$	637,891	$	694,995


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Oil revenues	$	150,620	$	198,302	$	414,379	$	541,590
Natural gas revenues	38,484		31,075		91,406		92,116
Third-party midstream services revenues	19,363		15,257		49,861		41,454
Sales of purchased natural gas	13,358		19,864		37,883		40,058
Total revenues from contracts with customers	$	221,825	$	264,498	$	593,529	$	715,218

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 nine months ended September 30, 2020 and 2019 (in thousands).


	Three Months Ended September 30,		Nine Months Ended September 30,
	2020	2019	2020	2019
Weighted average common shares outstanding
Basic	116,155	116,643	116,036	116,541
Dilutive effect of options and restricted stock units	—	333	—	453
Diluted weighted average common shares outstanding	116,155	116,976	116,036	116,994