XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Oil and gas sales $ 20,886 $ 28,184 $ 67,310 $ 73,207
Expenses:        
Lease operating expenses 4,368 8,863 16,380 23,052
Production taxes 890 1,112 2,451 1,990
Depreciation, depletion and amortization 5,486 8,795 18,014 21,753
General and administrative 4,780 3,341 12,084 10,808
Accretion of asset retirement obligation 42 571 282 1,671
Interest expense 9,371 7,371 24,488 21,776
Expenses 24,937 30,053 73,699 81,050
Other income:        
Other income (expense) 394 (16) 585 36
Loss from operations (3,657) (1,885) (5,804) (7,807)
Income tax expense (benefit) 38 (84) 144 (274)
Net loss (3,695) (1,801) (5,948) (7,533)
Preferred stock dividend 1,284 1,284 3,854 3,854
Loss available to common stockholders $ (4,979) $ (3,085) $ (9,802) $ (11,387)
Basic        
Net loss per share (in usd per share) $ (0.19) $ (0.15) $ (0.38) $ (0.54)
Diluted        
Net loss per share (in usd per share) $ (0.19) $ (0.15) $ (0.38) $ (0.54)
Weighted average number of common shares:        
Basic (shares) 25,587 21,230 25,565 21,222
Diluted (shares) 25,587 21,230 25,565 21,222