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SUMMARIZED QUARTERLY FINANCIAL INFORMATION - UNAUDITED (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Results of Operations by Quarter
The Company’s results of operations by quarter are as follows (in thousands, except per share amounts):
 
Predecessor
 
 
Successor
 
Period from
January 1, 2017
through
February 28, 2017
 
 
Period from
March 1, 2017
through
March 31, 2017
 
2017 Quarter Ended
 
 
 
June 30
 
Sept. 30
 
Dec. 31
Operating revenue
$
68,922

 
 
$
25,809

 
$
76,722

 
$
79,525

 
$
76,327

Income (loss) from operations
$
209,119

 
 
$
(258,594
)
 
$
(4,519
)
 
$
2,653

 
$
5,302

Net income (loss)
$
630,317

 
 
$
(259,613
)
 
$
(6,461
)
 
$
1,297

 
$
17,138

Basic income (loss) per share
$
110.99

 
 
$
(12.98
)
 
$
(0.32
)
 
$
0.06

 
$
0.86

Diluted income (loss) per share
$
110.99

 
 
$
(12.98
)
 
$
(0.32
)
 
$
0.06

 
$
0.86

 
 
 
 
 
 
 
 
 
 
 
Write-down of oil and gas properties
$

 
 
$
256,435

 
$

 
$

 
$

Gain (loss) on Appalachia Properties divestiture
$
213,453

 
 
$

 
$
27

 
$
(132
)
 
$

Reorganization items (1)
$
(437,744
)
 
 
$

 
$

 
$

 
$

Other expense
$
13,336

 
 
$

 
$
814

 
$
47

 
$
369

(1) See Note 3 – Fresh Start Accounting for additional details.

 
Predecessor
 
2016 Quarter Ended
 
March 31
 
June 30
 
Sept. 30
 
Dec. 31
Operating revenue
$
80,677

 
$
89,319

 
$
94,427

 
$
113,107

Loss from operations
$
(172,150
)
 
$
(174,656
)
 
$
(72,128
)
 
$
(90,234
)
Net loss
$
(188,784
)
 
$
(195,761
)
 
$
(89,635
)
 
$
(116,406
)
Basic loss per share
$
(33.89
)
 
$
(35.05
)
 
$
(16.01
)
 
$
(20.76
)
Diluted loss per share
$
(33.89
)
 
$
(35.05
)
 
$
(16.01
)
 
$
(20.76
)
 
 
 
 
 
 
 
 
Write-down of oil and gas properties
$
129,204

 
$
118,649

 
$
36,484

 
$
73,094

Restructuring fees
$
953

 
$
9,436

 
$
5,784

 
$
13,424

Other operational expenses (1)
$
12,527

 
$
27,680

 
$
9,059

 
$
6,187

Reorganization items
$

 
$

 
$

 
$
10,947


(1) See Note 19 – Other Operational Expenses for additional details.