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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Oil and gas sales $ 141,433 $ 160,486 $ 179,038
Gas gathering revenue 158 214 225
Total revenues 141,591 160,700 179,263
Expenses:      
Lease operating expenses 38,890 38,571 39,012
Production taxes 885 3,100 4,917
Depreciation, depletion and amortization 60,689 58,243 59,326
Ceiling test write-down 137,100 18,907 0
General and administrative 22,957 20,436 21,341
Accretion of asset retirement obligation 2,078 2,049 1,306
Interest expense 9,808 9,648 9,952
Total expenses 272,407 150,954 135,854
Other income (expense):      
Gain on legal settlement 0 0 12,400
Loss on early extinguishment of debt 0 0 (5,973)
Other income (expense) 606 (1,008) (1,080)
Derivative income (expense) (233) 0 0
Other Income (Expense), Net 373 (1,008) 5,347
Income (loss) from operations (130,443) 8,738 48,756
Income tax expense (benefit) 1,636 (1,810) 1,630
Net income (loss) (132,079) 10,548 47,126
Preferred stock dividend 5,139 5,139 5,139
Net income (loss) available to common stockholders $ (137,218) $ 5,409 $ 41,987
Basic      
Net income (loss) per share (in usd per share) $ (2.20) $ 0.08 $ 0.67
Diluted      
Net income (loss) per share (in usd per share) $ (2.20) $ 0.08 $ 0.66
Weighted average number of common shares:      
Basic (shares) 62,459 61,937 61,415
Diluted (shares) 62,459 62,325 61,789