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Consolidated statements of operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 21, 2017
Dec. 31, 2017
Dec. 31, 2019
Dec. 31, 2018
Revenues:        
Commodity sales $ 66,531 $ 226,493 $ 233,150 $ 242,569
Sublease revenue     3,195  
Sublease revenue 0 586   4,793
Total revenues 66,531 227,079 236,345 247,362
Costs and expenses:        
Lease operating 19,941 72,132 49,605 54,219
Transportation and processing 2,034 9,503 0 0
Production taxes 2,417 11,750 13,290 13,150
Depreciation, depletion and amortization 24,915 92,599 109,633 87,888
Impairment of oil and gas assets 0 42,146 430,695 20,065
Impairment of other assets 0 179 7,188 0
General and administrative 6,843 39,617 34,210 38,793
Cost reduction initiatives 629 691 0 1,034
Other 0 3,728 1,075 2,036
Total costs and expenses 56,779 272,345 645,696 217,185
Operating (loss) income 9,752 (45,266) (409,351) 30,177
Non-operating (expense) income:        
Interest expense (5,862) (14,147) (22,666) (11,383)
Loss on extinguishment of debt 0 (635) (1,624) 0
Derivative (losses) gains 48,006 (30,802) (33,198) 19,297
(Loss) gain on sale of assets 206 (25,996) (6) (2,582)
Other (loss) income, net 1,167 686 (350) 248
Net non-operating (expense) income 43,517 (70,894) (57,844) 5,580
Reorganization items, net 988,727 (3,091) (1,753) (2,392)
(Loss) income before income taxes 1,041,996 (119,251) (468,948) 33,365
Income tax (benefit) expense 37 (349) 0 (77)
Net (loss) income $ 1,041,959 $ (118,902) $ (468,948) $ 33,442
Earnings per share:        
Basic for Class A and Class B (in dollars per share) [1]   $ (2.64) $ (10.28) $ 0.74
Diluted for Class A and Class B (in dollars per share) [1]   $ (2.64) $ (10.28) $ 0.73
Weighted average shares used to compute earnings per share:        
Basic for Class A and Class B (in shares) [1]   44,984,046 45,637,338 45,288,980
Diluted for Class A and Class B (in shares) [1]   44,984,046 45,637,338 45,730,171
[1] See “Note 2: Earnings per share.”