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Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Oil and gas sales $ 28,184,000 $ 17,094,000 $ 73,207,000 $ 50,238,000
Expenses:        
Lease operating expenses 8,863,000 6,857,000 23,052,000 21,898,000
Production taxes 1,112,000 319,000 1,990,000 609,000
Depreciation, depletion and amortization 8,795,000 6,030,000 21,753,000 23,361,000
Ceiling test write-down 0 8,665,000 0 40,304,000
General and administrative 3,341,000 8,827,000 10,808,000 21,297,000
Accretion of asset retirement obligation 571,000 670,000 1,671,000 1,896,000
Interest expense 7,371,000 7,737,000 21,776,000 22,497,000
Expenses 30,053,000 39,105,000 81,050,000 131,862,000
Other income:        
Other income (expense) (16,000) (28,000) 36,000 (355,000)
Loss from operations (1,885,000) (22,039,000) (7,807,000) (81,979,000)
Income tax expense (benefit) (84,000) (18,000) (274,000) 543,000
Net loss (1,801,000) (22,021,000) (7,533,000) (82,522,000)
Preferred stock dividend 1,284,000 1,285,000 3,854,000 4,064,000
Loss available to common stockholders $ (3,085,000) $ (23,306,000) $ (11,387,000) $ (86,586,000)
Basic        
Net loss per share (in usd per share) $ (0.15) $ (1.31) $ (0.54) $ (4.97)
Diluted        
Net loss per share (in usd per share) $ (0.15) $ (1.31) $ (0.54) $ (4.97)
Weighted average number of common shares:        
Basic (shares) 21,230 17,736 21,222 17,412
Diluted (shares) 21,230 17,736 21,222 17,412