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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:              
Natural gas sales $ 25,727 $ 26,188 $ 50,874 $ 46,757 $ 109,753 $ 165,461 $ 188,453
Oil sales 14,988 51,124 26,004 97,077 142,669 389,770 231,837
Total oil and gas sales 40,715 77,312 76,878 143,834 252,422 555,231 420,290
Operating expenses:              
Production taxes 1,327 3,807 2,513 6,781 10,286 23,797 14,524
Gathering and transportation 4,025 3,260 8,390 6,113 14,298 12,897 17,245
Lease operating 12,988 17,827 25,948 32,963 64,502 60,283 52,844
Exploration   23,040 7,753 65,269 70,694 19,403 33,423
Depreciation, depletion and amortization 36,029 90,573 74,865 182,462 321,323 378,275 337,134
General and administrative 5,663 7,176 11,238 15,142 23,541 32,379 34,767
Impairment of oil and gas properties 1,742 1,984 24,460 2,387 801,347 60,268 652
Net loss on sales and exchange of oil and gas properties 1,647 111,830 907 111,830 112,085   2,033
Total operating expenses 63,421 259,497 156,074 422,947 1,418,076 587,302 492,622
Operating loss (22,706) (182,185) (79,196) (279,113) (1,165,654) (32,071) (72,332)
Other income (expenses):              
Gain on sale of marketable securities             7,877
Gain (loss) from derivative financial instruments 18 627 674 627 2,676 8,175 (8,388)
Net gain (loss) on extinguishment of debt 56,196 7,267 89,576 4,532 78,741   (17,854)
Other income 314 356 595 643 1,275 727 1,059
Interest expense (28,882) (33,807) (58,826) (54,561) (118,592) (58,631) (73,242)
Total other income (expenses) 27,646 (25,557) 32,019 (48,759) (35,900) (49,729) (90,548)
Income (loss) from continuing operations before income taxes 4,940 (207,742) (47,177) (327,872) (1,201,554) (81,800) (162,880)
(Provision for) benefit from income taxes (88) 72,674 (4,548) 114,302 154,445 24,689 56,157
Loss from continuing operations         (1,047,109) (57,111) (106,723)
Income from discontinued operations, net of income taxes             147,752
Net income (loss) $ 4,852 $ (135,068) $ (51,725) $ (213,570) $ (1,047,109) $ (57,111) $ 41,029
Net income (loss) per share:              
Loss from continuing operations, Basic and diluted         $ (113.53) $ (6.20) $ (11.09)
Income from discontinued operations, Basic and diluted             15.36
Net income (loss) per share - basic and diluted $ 0.41 $ (14.64) $ (4.82) $ (23.18) $ (113.53) (6.20) 4.27
Dividends per common share           $ 2.50 $ 1.88
Weighted average shares outstanding - basic and diluted 11,557 9,224 10,729 9,215 9,223 9,309 9,311