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Consolidated Statements Of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Revenues $ 47,852 $ 18,135 $ 84,544 $ 35,751
Expenses        
Lease operating and gas gathering 6,490 3,521 11,074 6,477
Production and ad valorem taxes 2,761 1,077 4,927 2,114
Depreciation, depletion and amortization 20,737 13,498 36,162 25,472
Loss on sale of oil and gas properties 0 205 1,568 348
Impairment of oil and natural gas properties 0 27,081 0 27,081
Loss on sale of oil and gas properties 5,305 3,600 8,724 6,281
Acquisition costs and other (3) 2,680 (13) 2,669
Total expenses 35,290 51,662 62,442 70,442
Income (loss) from operations 12,562 (33,527) 22,102 (34,691)
Other (expense) income        
Interest expense (9,298) (8,819) (18,555) (13,851)
Unrealized (loss) gain on warrants (2,462) 614 (2,615) 2,884
(Loss) gain on derivative financial instruments (25,498) 5,416 (36,654) 14,162
Loss on extinguishment of debt 0 0 (8,619) 0
Total other (expense) income, net (37,258) (2,789) (66,443) 3,195
Loss before income taxes (24,696) (36,316) (44,341) (31,496)
Income tax benefit 3,103 12,601 6,211 10,898
Net loss (21,593) (23,715) (38,130) (20,598)
Preferred stock dividends (1,932) (296) (3,821) (296)
Net loss attributable to common stockholders $ (23,525) $ (24,011) $ (41,951) $ (20,894)
Net loss per common share        
Basic (in dollars per share) $ (0.96) $ (1.10) $ (1.71) $ (0.96)
Diluted (in dollars per share) $ (0.96) $ (1.10) $ (1.71) $ (0.96)
Weighted average common shares outstanding        
Basic (in shares) 24,599,744 21,822,015 24,598,345 21,822,015
Diluted (in shares) 24,599,744 21,822,015 24,598,345 21,822,015
Warrant $ (4,086)   $ (4,086)  
Oil sales        
Revenues        
Revenues 39,707 $ 15,090 72,859 $ 29,580
Natural gas liquid sales        
Revenues        
Revenues 4,410 1,319 6,143 2,989
Natural gas sales        
Revenues        
Revenues $ 3,735 $ 1,726 $ 5,542 $ 3,182