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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Oil and gas sales $ 225,021us-gaap_OilAndGasSalesRevenue $ 182,804us-gaap_OilAndGasSalesRevenue $ 141,433us-gaap_OilAndGasSalesRevenue
Expenses:      
Lease operating expenses 48,597us-gaap_LeaseOperatingExpense 43,743us-gaap_LeaseOperatingExpense 38,890us-gaap_LeaseOperatingExpense
Production taxes 5,927us-gaap_ProductionTaxExpense 3,950us-gaap_ProductionTaxExpense 885us-gaap_ProductionTaxExpense
Depreciation, depletion and amortization 87,818us-gaap_DepreciationDepletionAndAmortization 71,445us-gaap_DepreciationDepletionAndAmortization 60,689us-gaap_DepreciationDepletionAndAmortization
Ceiling test write-down 0us-gaap_ImpairmentOfOilAndGasProperties 0us-gaap_ImpairmentOfOilAndGasProperties 137,100us-gaap_ImpairmentOfOilAndGasProperties
General and administrative 22,870us-gaap_GeneralAndAdministrativeExpense 26,512us-gaap_GeneralAndAdministrativeExpense 22,957us-gaap_GeneralAndAdministrativeExpense
Accretion of asset retirement obligation 2,958us-gaap_ResultsOfOperationsAccretionOfAssetRetirementObligations 1,753us-gaap_ResultsOfOperationsAccretionOfAssetRetirementObligations 2,078us-gaap_ResultsOfOperationsAccretionOfAssetRetirementObligations
Interest expense 29,281us-gaap_FinancingInterestExpense 21,886us-gaap_FinancingInterestExpense 9,808us-gaap_FinancingInterestExpense
Total expenses 197,451pq_ExpensesGross 169,289pq_ExpensesGross 272,407pq_ExpensesGross
Other income (expense):      
Other income 679us-gaap_OtherOperatingIncomeExpenseNet 654us-gaap_OtherOperatingIncomeExpenseNet 764us-gaap_OtherOperatingIncomeExpenseNet
Derivative income (expense) 0us-gaap_UnrealizedGainLossOnDerivatives 233us-gaap_UnrealizedGainLossOnDerivatives (233)us-gaap_UnrealizedGainLossOnDerivatives
Other income (expense), net 679pq_OtherIncomeExpenseNet 887pq_OtherIncomeExpenseNet 531pq_OtherIncomeExpenseNet
Income (loss) from operations 28,249us-gaap_OperatingIncomeLoss 14,402us-gaap_OperatingIncomeLoss (130,443)us-gaap_OperatingIncomeLoss
Income tax expense (benefit) (2,941)us-gaap_IncomeTaxExpenseBenefit 320us-gaap_IncomeTaxExpenseBenefit 1,636us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 31,190us-gaap_NetIncomeLoss 14,082us-gaap_NetIncomeLoss (132,079)us-gaap_NetIncomeLoss
Preferred stock dividend 5,139us-gaap_PreferredStockDividendsIncomeStatementImpact 5,139us-gaap_PreferredStockDividendsIncomeStatementImpact 5,139us-gaap_PreferredStockDividendsIncomeStatementImpact
Net income (loss) available to common stockholders $ 26,051us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 8,943us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (137,218)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic      
Net income (loss) per share (in usd per share) $ 0.39us-gaap_EarningsPerShareBasic $ 0.14us-gaap_EarningsPerShareBasic $ (2.20)us-gaap_EarningsPerShareBasic
Diluted      
Net income (loss) per share (in usd per share) $ 0.39us-gaap_EarningsPerShareDiluted $ 0.14us-gaap_EarningsPerShareDiluted $ (2.20)us-gaap_EarningsPerShareDiluted
Weighted average number of common shares:      
Basic (shares) 64,204us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 63,054us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 62,459us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (shares) 64,225us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 63,208us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 62,459us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding