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UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Total revenues $ 52,745 $ 72,959 $ 146,052 $ 197,646
Costs and expenses:        
Lease operating expense 27,639 32,977 91,190 88,179
Exploration 5 3 24 24
Taxes other than income 3,761 5,135 9,942 13,008
Depreciation, depletion and amortization 7,950 15,617 31,129 39,696
Impairment expense 0 0 455,031 0
General and administrative expense 6,443 27,034 21,551 46,908
Accretion of asset retirement obligations 1,565 1,428 4,617 4,071
(Gain) loss on commodity derivative instruments 14,352 (28,725) (74,196) (19,231)
Other, net 113 224 113 401
Total costs and expenses 67,084 58,152 554,399 186,563
Operating income (loss) (14,339) 14,807 (408,347) 11,083
Other income (expense):        
Interest expense, net (3,362) (5,276) (17,218) (13,787)
Loss on lease 0 (4,237) 0 (4,237)
Other income (expense) 196 (104) (38) (104)
Total other income (expense) (3,166) (9,617) (17,256) (18,128)
Income (loss) before reorganization items, net and income taxes (17,505) 5,190 (425,603) (7,045)
Reorganization items, net (180) (33) (532) (684)
Income tax benefit (expense) 0 0 (85) 50
Net income (loss) (17,685) 5,157 (426,220) (7,679)
Net (income) loss allocated to participating restricted stockholders 0 (128) 0 0
Net income (loss) attributable to common stockholders $ (17,685) $ 5,029 $ (426,220) $ (7,679)
Earnings per share: (See Note 10)        
Basic and diluted earnings per share $ (0.47) $ 0.15 $ (11.34) $ (0.29)
Weighted average common shares outstanding:        
Basic and diluted 37,626 33,707 37,596 26,093
Oil and Natural Gas Sales [Member]        
Revenues:        
Total revenues $ 52,488 $ 72,426 $ 145,163 $ 196,978
Other Revenues [Member]        
Revenues:        
Total revenues 257 533 889 668
Gathering, Processing and Transportation [Member]        
Costs and expenses:        
Gathering, processing and transportation $ 5,256 $ 4,459 $ 14,998 $ 13,507