XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 18,064 $ 28,312
Revenue receivable 10,096 10,294
Joint interest billing receivable 5,369 7,632
Derivative asset 765 0
Other current assets 3,469 2,353
Total current assets 37,763 48,591
Oil and gas properties:    
Oil and gas properties, full cost method 1,365,792 1,323,333
Unevaluated oil and gas properties 14,921 9,015
Accumulated depreciation, depletion and amortization (1,266,954) (1,243,286)
Oil and gas properties, net 113,759 89,062
Other property and equipment 9,351 10,951
Accumulated depreciation of other property and equipment (8,749) (10,109)
Total property and equipment 114,361 89,904
Other assets 7,402 6,365
Total assets 159,526 144,860
Current liabilities:    
Accounts payable to vendors 38,240 25,265
Advances from co-owners 2,754 2,330
Oil and gas revenue payable 18,440 22,146
Accrued interest 1,631 2,047
Asset retirement obligation 1,630 4,160
Derivative liability 283 3,947
10% Senior Unsecured Notes due 2017 0 22,568
Other accrued liabilities 538 3,938
Total current liabilities 63,516 86,401
Multi-draw Term Loan 27,788 7,249
Asset retirement obligation 34,330 32,450
Other long-term liabilities 9,533 6,027
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $.001 par value; authorized 5,000 shares; issued and outstanding 1,495 shares 1 1
Common stock, $.001 par value; authorized 150,000 shares; issued and outstanding 21,235 and 21,197 shares, respectively 21 21
Paid-in capital 305,566 304,341
Accumulated other comprehensive income (loss) 303 (4,750)
Accumulated deficit (562,095) (550,708)
Total stockholders’ equity (256,204) (251,095)
Total liabilities and stockholders’ equity 159,526 144,860
10% Senior Secured Notes due 2021 | Senior Notes    
Current liabilities:    
10% Senior Secured Notes 14,932 15,228
10% Senior Secured PIK Notes due 2021 | Payment in Kind (PIK) Note    
Current liabilities:    
10% Senior Secured Notes $ 265,631 $ 248,600