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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Crude oil $ 105,576 $ 63,058
Natural gas liquids (NGLs) 9,373 7,127
Natural gas 18,203 12,039
Gain (loss) on sales of property and equipment, net 56,826 (549)
Other, net (113) 1,523
Total revenues 189,865 83,198
Operating expenses    
Lease operating 10,404 7,805
Gathering, processing and transportation 2,961 3,579
Production and ad valorem taxes 7,305 5,959
General and administrative 16,688 10,943
Exploration 8,636 6,295
Depreciation, depletion and amortization 72,187 51,576
Total operating expenses 118,181 86,157
Operating income (loss) 71,684 (2,959)
Other income (expense)    
Interest expense (22,534) (14,479)
Derivatives (15,662) (7,761)
Other 1 27
Income (loss) before income taxes 33,489 (25,172)
Income tax (expense) benefit (14,264) 8,789
Net income (loss) 19,225 (16,383)
Preferred stock dividends (1,722) (1,725)
Net income (loss) attributable to common shareholders - Diluted $ 17,503 $ (18,108)
Net income (loss) per share:    
Basic (in dollars per share) $ 0.27 $ (0.33)
Diluted (in dollars per share) $ 0.22 $ (0.33)
Weighted average shares outstanding - basic 65,611 55,341
Weighted average shares outstanding - diluted 85,744 55,341