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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 10,034 $ 5,700
Restricted cash 2,555 3,758
Accounts receivable, net    
Oil and natural gas sales 17,885 10,300
Joint interest and other 3,230 2,548
Related party 762 408
Prepaid and other current assets 4,756 2,063
Derivative asset   3,235
Inventory 3,647  
Assets held for sale 25,217 61,247
Total current assets 68,086 89,259
Oil and natural gas properties (successful efforts method)    
Proved 197,214 233,143
Unproved 21,109 25,630
Equipment and other property 20,273 32,173
Property and equipment, gross 238,596 290,946
Less accumulated depreciation, depletion and amortization (120,638) (122,533)
Property and equipment, net 117,958 168,413
Other long-term assets:    
Other assets 2,725 1,455
Note receivable - related party 7,624 11,500
Derivative asset   3,370
Assets held for sale   24,192
Total other assets 10,349 40,517
Total assets 196,393 298,189
Current liabilities:    
Accounts payable 7,036 6,159
Accounts payable - related party 1,844 2,553
Accrued liabilities 12,492 8,366
Derivative liability 596  
Loans payable 35,000 31,874
Loan payable - related party 3,194 3,593
Liabilities held for sale - related party   3,671
Liabilities held for sale 15,938 79,514
Total current liabilities 76,100 135,730
Long-term liabilities:    
Asset retirement obligations 4,833 5,521
Accrued liabilities 8,126 10,908
Deferred income taxes 18,806 22,603
Loans payable 3,750 34,400
Derivative liability 242  
Loan payable - related party   20,600
Liabilities held for sale   9,505
Total long-term liabilities 35,757 103,537
Total liabilities 111,857 239,267
Commitments and contingencies
Shareholders' equity:    
Common shares, $0.10 par value, 100,000,000 shares authorized; 47,220,525 shares and 41,017,777 shares issued and outstanding as of December 31, 2016 and December 31, 2015, respectively 4,722 4,102
Treasury stock (970) (970)
Additional paid-in-capital 573,278 569,365
Accumulated other comprehensive loss (140,316) (121,590)
Accumulated deficit (398,228) (391,985)
Total shareholders' equity 38,486 58,922
Total liabilities, Series A preferred shares and shareholders' equity 196,393 $ 298,189
Series A Preferred Shares [Member]    
Long-term liabilities:    
Preferred shares, value 25,500  
Related Party [Member] | Series A Preferred Shares [Member]    
Long-term liabilities:    
Preferred shares, value $ 20,550