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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Operating revenues        
Oil and gas sales $ 46,499 $ 99,707 $ 156,955 $ 303,370
Other revenues 653 639 2,210 1,610
Total operating revenues 47,152 100,346 159,165 304,980
Operating costs and expenses        
Lease operating 8,872 11,183 32,930 30,306
Production and ad valorem taxes 2,513 5,044 9,292 18,248
Exploration 5,556 266 6,184 3,278
Depletion, depreciation and amortization 52,766 50,491 156,151 137,490
Accretion of ARO liability 210 206 610 573
General and administrative 9,628 6,925 27,572 18,723
Other operating     4,188  
Total operating expenses 79,545 74,115 236,927 208,618
Operating income (loss) (32,393) 26,231 (77,762) 96,362
Other income (expense)        
Interest expense (16,722) (11,849) (47,553) (34,659)
Net gain (loss) on commodity derivatives 90,483 41,163 111,714 (9,785)
Other income (expense) (7) 30 (1,631) 97
Other income (expense), net 73,754 29,344 62,530 (44,347)
Income (loss) before income tax 41,361 55,575 (15,232) 52,015
Income tax provision (benefit) 6,519 5,550 (4,590) 5,736
Net income (loss) 34,842 50,025 (10,642) 46,279
Net income (loss) attributable to non-controlling interests 21,604 40,893 (7,625) 37,835
Net income (loss) attributable to controlling interests $ 13,238 $ 9,132 $ (3,017) $ 8,444
Earnings (loss) per share:        
Basic (in dollars per share) $ 0.44 $ 0.73 $ (0.12) $ 0.68
Diluted (in dollars per share) $ 0.44 $ 0.73 $ (0.12) $ 0.68
Weighted average shares outstanding:        
Basic 30,432 12,508 25,591 12,503
Diluted 30,432 12,573 25,591 12,540