XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Oil sales $ 33,152 $ 14,489
Natural gas liquid sales 1,734 1,671
Natural gas sales 1,806 1,456
Total revenues 36,692 17,616
Expenses    
Lease operating and gas gathering 4,584 2,956
Production and ad valorem taxes 2,166 1,037
Depreciation, depletion and amortization 15,563 12,142
Loss on sale of oil and gas properties   142
General and administrative 3,409 2,670
Other expense 1,568  
Total expenses 27,290 18,947
Income (loss) from operations 9,402 (1,331)
Other (expense) income    
Interest expense (9,258) (5,032)
Unrealized (loss) gain on warrants (152) 2,270
(Loss) gain on derivative financial instruments (11,156) 8,746
Loss on extinguishment of debt (8,619)  
Total other (expense) income, net (29,185) 5,984
(Loss) income before income taxes (19,783) 4,653
Income tax benefit (expense) 3,131 (1,587)
Net (loss) income (16,652) 3,066
Preferred stock dividends (1,889)  
Net (loss) income attributable to common stockholders $ (18,541) $ 3,066
Net (loss) income per common share    
Basic $ (0.75) $ 0.14
Diluted $ (0.75) $ 0.13
Weighted average common shares outstanding    
Basic 24,559,132 21,822,015
Diluted 24,559,132 22,833,615