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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Gain on sales of assets, net $ 4 $ (134) $ 79 $ (69)
Total revenues 111,580 36,282 188,791 71,268
Operating expenses        
Lease operating 8,730 5,370 16,026 10,286
Production and ad valorem taxes 5,795 2,119 9,887 4,098
General and administrative 5,322 3,702 11,793 7,809
Depreciation, depletion and amortization 31,273 11,076 53,354 20,886
Total operating expenses 55,694 24,822 98,993 48,185
Operating income (loss) 55,886 11,460 89,798 23,083
Other income (expense)        
Interest expense (6,150) (1,274) (10,751) (1,812)
Derivatives (52,241) 11,061 (71,036) 28,077
Other, net (16) 82 (74) 62
Income (loss) before income taxes (2,521) 21,329 7,937 49,410
Income tax benefit (expense) 0 0 (163) 0
Net income (loss) (2,521) 21,329 7,774 49,410
Net income (loss) attributable to common shareholders $ (2,521) $ 21,329 $ 7,774 $ 49,410
Net income (loss) per share:        
Basic (in dollars per share) $ (0.17) $ 1.42 $ 0.52 $ 3.30
Diluted (in dollars per share) $ (0.17) $ 1.42 $ 0.51 $ 3.27
Weighted average shares outstanding – basic (in shares) 15,058 14,992 15,050 14,992
Weighted average shares outstanding – diluted (in shares) 15,058 15,050 15,171 15,097
Oil and Gas, Exploration and Production [Member]        
Revenue from External Customer [Line Items]        
Crude oil $ 101,716 $ 32,351 $ 172,974 $ 62,424
Revenues        
Revenue from Contract with Customer, Including Assessed Tax 101,716 32,351 172,974 62,424
Oil and Condensate [Member]        
Revenue from External Customer [Line Items]        
Crude oil 5,533 2,043 8,479 4,345
Revenues        
Revenue from Contract with Customer, Including Assessed Tax 5,533 2,043 8,479 4,345
Natural Gas, Production [Member]        
Revenue from External Customer [Line Items]        
Crude oil 3,912 1,880 6,702 4,223
Revenues        
Revenue from Contract with Customer, Including Assessed Tax 3,912 1,880 6,702 4,223
Product and Service, Other [Member]        
Revenue from External Customer [Line Items]        
Crude oil 415 142 557 345
Revenues        
Revenue from Contract with Customer, Including Assessed Tax 415 142 557 345
Natural Gas, Gathering, Transportation, Marketing and Processing [Member]        
Operating expenses        
Cost of Goods and Services Sold $ 4,574 $ 2,555 $ 7,933 $ 5,106