XML 33 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
Long-Term Debt - Senior Secured Revolving Credit Facility (Details) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 3 Months Ended 9 Months Ended 9 Months Ended
Sep. 30, 2012
Nov. 01, 2012
Dec. 31, 2011
Sep. 30, 2012
Eurodollar Rate
Minimum
Sep. 30, 2012
Eurodollar Rate
Maximum
Sep. 30, 2012
Alternate Base Rate
Minimum
Sep. 30, 2012
Alternate Base Rate
Maximum
Nov. 13, 2012
Subsequent Event
Sep. 30, 2012
Line of Credit
Sep. 30, 2012
Line of Credit
Sep. 30, 2012
Line of Credit
Election One
Sep. 30, 2012
Line of Credit
Election Two
Sep. 30, 2012
Line of Credit
Election Three
Sep. 30, 2012
Line of Credit
Eurodollar Rate
Sep. 30, 2012
Line of Credit
Eurodollar Rate
Minimum
Sep. 30, 2012
Line of Credit
Eurodollar Rate
Maximum
Sep. 30, 2012
Line of Credit
Alternate Base Rate
Minimum
Sep. 30, 2012
Line of Credit
Alternate Base Rate
Maximum
Sep. 30, 2012
Line of Credit
Prime Rate
Sep. 30, 2012
Line of Credit
Federal Funds Effective Rate
Sep. 30, 2012
Line of Credit
Adjusted LIBO Rate
Sep. 30, 2012
Line of Credit
Adjusted LIBO Rate
Minimum
Line of Credit Facility [Line Items]                                            
Borrowing base amount $ 375,000 $ 500,000                                        
Maximum borrowing capacity 450,000 750,000                                        
Maximum borrowing capiticty given exercise of accordion option   850,000                                        
interest rate margin       1.50% 2.50% 0.50% 1.50%                              
Minimal borrowing base utilized before reduction in commitment fees 50.00%                                          
Reduction of borrowing base 25.00%                                          
Senior secured revolving credit facility 118,000   0         145,000           118,000                
Basis spread on variable rate                             1.75% 2.75% 0.75% 1.75%   0.50%   1.00%
Commitment fee                 $ 378 $ 1,236                        
Description of variable rate basis                                     the Prime Rate the Federal Funds Effective Rate the Adjusted LIBO Rate  
Commitment fee on unused portion of the borrowing base 0.375%                 0.50%                        
Current Ratio Covenant                 1 1                        
Ratio Of Consolidated Net Debt To Consolidated EBITDAX Covenant                 4.5 4.5                        
Days to elect method to eliminate borrowings in excess of borrowing base                   10 days                        
Days to eliminate borrowings in excess of borrowing base                     30 days 30 days 30 days                  
Months over which borrowings in excess of borrowing base may be repaid in equal monthly installments                     6 months