XML 55 R38.htm IDEA: XBRL DOCUMENT v3.3.1.900
Summarized Quarterly Financial Information—Unaudited (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
Summarized quarterly financial information is as follows (amounts in thousands except per share data):
 
Quarter Ended
 
March 31
June 30
September 30
December 31
2015:
 
 
 
 
Revenues
$
33,451

$
32,550

$
26,872

$
23,096

Loss from operations (1)
(121,887
)
(57,796
)
(50,617
)
(61,864
)
Loss available to common stockholders (1)
(122,240
)
(61,083
)
(51,910
)
(64,696
)
Earnings per share:
 
 
 
 
Basic
$
(1.89
)
$
(0.94
)
$
(0.80
)
$
(0.98
)
Diluted
$
(1.89
)
$
(0.94
)
$
(0.80
)
$
(0.98
)
 
 
 
 
 
2014:
 
 
 
 
Revenues
$
59,966

$
60,581

$
56,486

$
47,988

Income from operations
11,323

10,879

5,569

478

Income available to common stockholders
10,043

9,592

4,671

1,745

Earnings per share:
 
 
 
 
Basic
$
0.15

$
0.15

$
0.07

$
0.02

Diluted
$
0.15

$
0.15

$
0.07

$
0.02



(1) Loss from operations and net loss available to common stockholders reported during the three months ended March 31, June 30, September 30 and December 31, 2015 included pretax ceiling test write-downs of $108.9 million$65.5 million$40.2 million and $51.9 million, respectively. Additionally, loss from operations and net loss available to common stockholders reported during the three months ended June 30, 2015 included a pretax gain on sale of oil and gas properties of $21.5 million.