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Supplemental Quarterly Information
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Supplemental Quarterly Information
SUPPLEMENTAL QUARTERLY INFORMATION (Unaudited) 

Predecessor
 
 
Successor
2018 (in thousands)
January 1, 2018 Through February 8, 2018
 
 
February 9, 2018
Through
March 31, 2018
 
June 30
 
Sept 30
 
Dec 31
Total revenue
$
47,639

 
 
$
34,090

 
$
66,459

 
$
122,873

 
$
185,589

Income (loss) from continuing operations (1)(2)(3)
(7,116
)
 
 
(34,571
)
 
(22,477
)
 
17,844

 
(2,037,170
)
Income (loss) from discontinued operations 
(7,746
)
 
 
—

 
—

 
—

 
—

Net income (loss)(1)(2)(3)
(14,862
)
 
 
(34,571
)
 
(22,477
)
 
17,844

 
(2,037,170
)
_________________
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(1)
Includes $2.0 billion of impairment expense during the quarter ended December 31, 2018.
(2)
Includes $6.7 million and $52.8 million of gains on derivatives during the 2018 Predecessor Period and the quarter ended December 31, 2018, respectively. Includes $22.6 million, $29.2 million and $11.2 million of losses on derivatives during the period from February 9, 2018 through March 31, 2018, and during the quarters ended June 30, 2018 and September 30, 2018, respectively.
(3)
Includes $6.0 million gain primarily from the sale of seismic data during the period from February 9, 2018 through March 31, 2018.


Predecessor
2017 (in thousands)
March 31
 
June 30
 
Sept 30
 
Dec 31
Total revenue(1)(2)
$
95,079

 
$
79,800

 
$
57,923

 
$
46,567

Income (loss) from continuing operations (1)(2)(3)
29,430

 
15,620

 
(22,163
)
 
(35,733
)
Loss from discontinued operations(4)
(4,515
)
 
(30,934
)
 
(2,041
)
 
(27,325
)
Net income (loss)
24,915

 
(15,314
)
 
(24,204
)
 
(63,058
)
_________________
(1)
Includes $30.2 million and $18.3 million of gains on derivatives during quarters ended March 31, 2017 and June 30, 2017, respectively, and $10.5 million and $29.7 million of losses on derivatives during the quarters ended September 30, 2017 and December 31, 2017, respectively.
(2)
Includes $5.3 million gain on acquisition of oil and gas properties during the quarter ended September 30, 2017, which was reduced by $3.6 million during the quarter ended December 31, 2017.
(3)
Includes $1.2 million of impairment expense during the quarter ended March 31, 2017.
(4)
The quarter ended December 31, 2017 includes a loss on the sale of assets of $22.2 million, primarily associated with the sale of Weeks Island.