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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Oil and gas sales $ 32,550 $ 60,581 $ 66,001 $ 120,547
Expenses:        
Lease operating expenses 11,191 12,168 22,093 24,426
Production taxes 948 1,492 1,904 2,969
Depreciation, depletion and amortization 18,345 21,702 38,999 42,130
Ceiling test write-down 65,495 0 174,406 0
General and administrative 6,519 6,467 11,858 12,709
Accretion of asset retirement obligation 823 708 1,682 1,499
Interest expense 8,596 7,380 16,470 15,016
Expenses 111,917 49,917 267,412 98,749
Other income:        
Gain on sale of oil and gas properties 21,531 0 21,531 0
Other income 40 215 197 404
Income (loss) from operations (57,796) 10,879 (179,683) 22,202
Income tax expense 2,000 0 1,073 0
Net income (loss) (59,796) 10,879 (180,756) 22,202
Preferred stock dividend 1,287 1,287 2,567 2,567
Income (loss) available to common stockholders $ (61,083) $ 9,592 $ (183,323) $ 19,635
Basic        
Net income per share (in usd per share) $ (0.94) $ 0.15 $ (2.83) $ 0.30
Diluted        
Net income per share (in usd per share) $ (0.94) $ 0.15 $ (2.83) $ 0.30
Weighted average number of common shares:        
Basic (shares) 64,891 64,103 64,833 63,940
Diluted (shares) 64,891 64,167 64,833 63,996