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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Net commodity sales $ 48,851 $ 48,619
Sublease revenue 0 1,198
Total revenues 48,851 49,817
Costs and expenses:    
Lease operating 10,088 12,294
Production taxes 2,750 2,880
Depreciation, depletion and amortization 23,012 23,715
Impairment of oil and gas assets 71,371 49,722
Impairment of other assets 153 0
General and administrative 8,068 8,313
Subleases 0 403
Total costs and expenses 115,442 97,327
Operating loss (66,591) (47,510)
Non-operating income (expense):    
Interest expense (6,636) (4,564)
Derivative gains (losses) 78,380 (51,016)
Gain (loss) on sale of assets 102 (1)
Other income, net 246 14
Net non-operating income (expense) 72,092 (55,567)
Reorganization items, net (584) (463)
Income (loss) before income taxes 4,917 (103,540)
Income tax expense 0 0
Net income (loss) $ 4,917 $ (103,540)
Earnings (loss) per share:    
Basic (in dollars per share) $ 0.11 $ (2.28)
Diluted (in dollars per share) $ 0.11 $ (2.28)
Weighted average shares used to compute earnings per share:    
Basic (in shares) 45,830,286 45,456,214
Diluted (in shares) 46,194,495 45,456,214