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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Natural gas sales $ 2,252 $ 600 $ 5,031 $ 4,275
Oil sales 8,109 (2,756) 19,459 2,587
Natural gas liquids sales 492 244 959 520
Gathering and transportation sales 14,176 14,258 25,387 28,133
Total revenues 25,029 12,346 50,836 35,515
Operating expenses:        
Lease operating expenses 3,881 4,178 8,864 9,151
Transportation operating expenses 3,032 3,014 6,328 6,068
Cost of sales 40 63 77 193
Production taxes 353 326 826 547
General and administrative 6,353 4,978 11,962 10,697
Unit-based compensation expense 780 1,091 1,320 1,529
Depreciation, depletion and amortization 8,937 6,129 21,118 13,317
Asset impairments     4,688 1,309
Accretion expense 240 315 498 630
Total operating expenses 23,616 20,094 55,681 43,441
Other (income) expense        
Interest expense, net 1,896 1,103 3,779 2,002
Gain on embedded derivatives   (6,898)   (13,192)
Earnings from equity investments (1,042)   (1,524) (12)
Other income   (1)   (49)
Total other (income) expenses 854 (5,796) 2,255 (11,251)
Total expenses 24,470 14,298 57,936 32,190
Income (loss) before income taxes 559 (1,952) (7,100) 3,325
Net income (loss) 559 (1,952) (7,100) 3,325
Less:        
Preferred unit distributions paid in common units     (2,625)  
Preferred unit distributions (8,750) (8,750) (15,750) (17,500)
Preferred unit amortization (433) (6,505) (837) (13,772)
Net loss attributable to common unitholders $ (8,624) $ (17,207) $ (26,312) $ (27,947)
Net loss per unit        
Net loss per unit - Basic and diluted $ (0.62) $ (4.37) $ (1.92) $ (8.38)
Weighted Average Units Outstanding - Basic and diluted 13,939,993 3,935,297 13,671,557 3,333,482