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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Oil and gas sales $ 15,824 $ 32,550 $ 33,144 $ 66,001
Expenses:        
Lease operating expenses 6,864 11,191 15,041 22,093
Production taxes (48) 948 290 1,904
Depreciation, depletion and amortization 7,193 18,345 17,331 38,999
Ceiling test write-down 12,782 65,495 31,639 174,406
General and administrative 3,871 6,519 12,470 11,858
Accretion of asset retirement obligation 618 823 1,226 1,682
Interest expense 6,503 8,596 14,760 16,470
Expenses 37,783 111,917 92,757 267,412
Other income (expense):        
Gain on sale of oil and gas properties 0 21,531 0 21,531
Other income (expense) (424) 40 (327) 197
Other Income (424) 21,571 (327) 21,728
Loss from operations (22,383) (57,796) (59,940) (179,683)
Income tax expense 475 2,000 561 1,073
Net loss (22,858) (59,796) (60,501) (180,756)
Preferred stock dividend 1,285 1,287 2,779 2,567
Loss available to common stockholders $ (24,143) $ (61,083) $ (63,280) $ (183,323)
Basic        
Net income (loss) per share (in usd per share) $ (1.38) $ (3.77) $ (3.67) $ (11.31)
Diluted        
Net income (loss) per share (in usd per share) $ (1.38) $ (3.77) $ (3.67) $ (11.31)
Weighted average number of common shares:        
Basic (shares) 17,539 16,223 17,248 16,208
Diluted (shares) 17,539 16,223 17,248 16,208