Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

Note 22 – Quarterly Financial Data (Unaudited)

				First Quarter		Second Quarter		Third Quarter		Fourth Quarter
				2011 (1)
Revenues			$	14,104	$	19,053	$	10,302	$	16,632
Operating expenses				16,077		18,304		42,524		50,800
Operating profit (loss)				(1,973)		749		(32,222)		(34,168)
Net loss to common stockholders				(8,002)		(16,110)		(63,756)		(45,101)
Net loss per common share - basic and diluted				(0.30)		(0.42)		(1.63)		(1.15)
				2010 (2)
Revenues			$	13,721	$	21,532	$	19,849	$	16,573
Operating expenses				20,625		15,582		16,529		17,613
Operating profit (loss)				(6,904)		5,950		3,320		(1,041)
Net income (loss) to common stockholders				(15,779)		58		(12,238)		82,263
Net income (loss) per common share:
		Basic		(0.11)		-		(0.07)		3.34
		Diluted		(0.11)		-		(0.07)		2.37
(1)	Includes impairments of oil and gas properties of $28.8 million and $36.9 million, for the third and fourth quarter
	of 2011, respectively.
(2)	Includes impairments of oil and gas properties of $7.7 million, for the first quarter of 2010 and gain on
	sale of reserves in place of $87.2 million in the fourth quarter of 2010.