Condensed Consolidated Statement of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Condensed Consolidated Statement of Operations
Revenues	$ 219,058	$ 60,091	$ 71,675
Cost of Operations:
Operating expenses	58,536	17,668	15,347
Depreciation, depletion and amortization	66,564	26,478	28,894
Impairment of oil and gas properties	53,072	65,706	7,692
General and administrative	21,085	17,853	18,415
Total Expenses	199,257	127,705	70,348
Income (Loss) From Operations	19,801	(67,614)	1,327
Derivatives:
Realized gains (losses)	0	0	(11,753)
Unrealized gains (losses)	5,141	8,378	12,291
Interest expense	(84,122)	(44,893)	(34,592)
Gain on sales of reserves in place	0	0	87,171
Gains (Losses) on Extinguishment of Debt	(21,661)	(402)	0
Letter of credit fees	(21,903)	0	0
Other income (expense)	(9,254)	597	1,299
Total Other Income (Expense)	(131,799)	(36,320)	54,416
Income (Loss) Before Income Taxes	(111,998)	(103,934)	55,743
Total Income Tax Expense (Benefit)	14,228	27,061	(788)
Net Income (Loss)	(126,226)	(130,995)	56,531
Preferred Stock Dividends:	1,823	1,974	2,227
Net Income (Loss) to Common Stockholders	$ (128,049)	$ (132,969)	$ 54,304
Net Income (Loss) per Common Share:
Basic	$ (3.01)	$ (3.70)	$ 2.34
Diluted	$ (3.01)	$ (3.70)	$ 1.95
Weighted Average Number of Common Shares Outstanding:
Basic	42,533	35,957	23,252
Diluted	42,533	35,957	28,886