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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Oil sales $ 59,113 $ 108,731 $ 109,409 $ 210,786
Natural gas liquids (NGL) sales 5,729 5,103 9,921 9,069
Natural gas sales 22,959 23,280 50,010 43,163
Total revenues 87,801 137,114 169,340 263,018
Expenses:        
Oil and natural gas production 45,220 45,809 94,440 88,343
Production and other taxes 3,986 8,595 8,204 16,550
General and administrative 10,390 14,809 19,259 22,456
Depletion, depreciation, amortization and accretion 36,197 38,537 77,265 72,234
Impairment of long-lived assets 0 2,387 209,402 3,798
Gain (loss) on disposal of assets (934) (3,853) 1,007 (1,552)
Total expenses 94,859 106,284 409,577 201,829
Operating income (loss) (7,058) 30,830 (240,237) 61,189
Other income (expense):        
Interest income 176 216 382 439
Interest expense (Notes 2, 6 and 7) (17,760) (16,225) (35,552) (30,164)
Equity in income of equity method investees 24 191 103 183
Net gains (losses) on commodity derivatives (Notes 6 and 7) (13,497) (31,433) 6,983 (47,319)
Other 97 211 702 304
Loss before income taxes (38,018) (16,210) (267,619) (15,368)
Income tax (expense) benefit (456) (278) 291 (592)
Net loss (38,474) (16,488) (267,328) (15,960)
Distributions to Preferred unitholders (4,750) (2,194) (9,500) (2,194)
Net loss attributable to unitholders $ (43,224) $ (18,682) $ (276,828) $ (18,154)
Loss per unit - basic and diluted (Note 9) (in dollars per share) $ (0.63) $ (0.33) $ (4.02) $ (0.32)
Weighted average number of units used in computing net loss per unit -        
Basic (in shares) 68,897 57,372 68,909 57,341
Diluted (in shares) 68,897 57,372 68,909 57,341