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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:        
Net income (loss) $ 1,472,000 $ (54,967,000) $ 13,663,000 $ (54,238,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Impairment expense 0 66,648,000 0 66,648,000
Depreciation, depletion and amortization 10,812,000 10,039,000 20,520,000 17,928,000
Accretion of asset retirement obligations 43,000 154,000 84,000 306,000
Settlement of asset retirement obligations     (79,000) 0
Gain on sale of oil and gas properties (63,000) (1,691,000) (512,000) (1,691,000)
Total loss (gain) on derivative contracts, net 10,850,000 (3,340,000) 16,125,000 (7,800,000)
Operating portion of net cash paid in settlement of derivative contracts     (9,267,000) (267,000)
Stock-based compensation     4,013,000 2,958,000
Deferred income taxes     (54,000) (9,952,000)
Write-off of deferred financing costs 0 526,000 0 526,000
Amortization of deferred financing costs 100,000 100,000 143,000 137,000
Changes in assets and liabilities:        
Decrease in accounts receivable     4,475,000 3,233,000
Increase in prepaid expenses and other current assets     (992,000) (522,000)
Decrease in accounts payable and accrued expenses     (17,286,000) (3,148,000)
Increase (decrease) in revenues and royalties payable     8,437,000 (1,905,000)
Increase (decrease) in advances     14,159,000 (535,000)
Net cash provided by operating activities     53,429,000 11,678,000
Cash flows from investing activities:        
Bold Contribution Agreement, net of cash acquired     0 (55,609,000)
Additions to oil and gas properties     (68,516,000) (10,048,000)
Additions to office and other equipment     (53,000) (103,000)
Proceeds from sales of oil and gas properties     210,000 2,416,000
Net cash used in investing activities     (68,359,000) (63,344,000)
Cash flows from financing activities:        
Proceeds from borrowings     25,000,000 70,000,000
Repayments of borrowings     (27,500,000) (10,792,000)
Cash paid related to the exchange and cancellation of Class A Common Stock     (1,116,000) 0
Deferred financing costs     (213,000) (1,071,000)
Net cash (used in) provided by financing activities     (3,829,000) 58,137,000
Net (decrease) increase in cash     (18,759,000) 6,471,000
Cash at beginning of period     22,955,000 10,200,000
Cash at end of period $ 4,196,000 $ 16,671,000 4,196,000 16,671,000
Cash paid for:        
Interest     986,000 740,000
Non-cash investing and financing activities:        
Accrued capital expenditures     25,791,000 27,054,000
Asset retirement obligations     $ (141,000) $ 21,000