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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Oil sales $ 111,071 $ 55,073 $ 201,384 $ 100,813
Natural gas sales 44,652 52,747 96,248 102,027
Gain on sale of oil and gas properties   81   81
Total revenues 155,723 107,901 297,632 202,921
Operating expenses:        
Production taxes 6,467 3,883 12,068 6,004
Gathering and transportation 3,138 4,354 6,914 8,556
Lease operating 13,980 12,962 29,041 26,168
Exploration   9,754   12,347
Depreciation, depletion and amortization 94,539 85,244 183,413 170,211
Impairment of oil and gas properties 256 652 256 652
General and administrative, net 9,614 9,056 17,983 17,843
Total operating expenses 127,994 125,905 249,675 241,781
Operating income (loss) 27,729 (18,004) 47,957 (38,860)
Other income (expenses):        
Gain on sale of marketable securities       7,877
Gain (loss) from derivative financial instruments (9,850) 3,521 (14,796) (2,926)
Other income 39 196 290 441
Interest expense (14,767) (19,240) (28,447) (36,818)
Total other income (expenses) (24,578) (15,523) (42,953) (31,426)
Income (loss) before income taxes 3,151 (33,527) 5,004 (70,286)
Benefit from (provision for) income taxes (1,253) 11,996 (1,941) 24,238
Income (loss) from continuing operations 1,898 (21,531) 3,063 (46,048)
Income from discontinued operations, net of income taxes   151,236   148,609
Net income $ 1,898 $ 129,705 $ 3,063 $ 102,561
Net income (loss) per share:        
Income (loss) from continuing operations, Basic $ 0.04 $ (0.45) $ 0.06 $ (0.95)
Loss from discontinued operations, Basic   $ 3.13   $ 3.07
Net income (loss), Basic $ 0.04 $ 2.68 $ 0.06 $ 2.12
Income (loss) from continuing operations, Diluted $ 0.04 $ (0.45) $ 0.06 $ (0.95)
Loss from discontinued operations, Diluted   $ 3.13   $ 3.07
Net income (loss), Diluted $ 0.04 $ 2.68 $ 0.06 $ 2.12
Dividends per share $ 0.125 $ 0.125 $ 0.250 $ 0.125
Weighted average shares outstanding:        
Basic 46,651 46,754 46,616 46,742
Diluted 47,004 46,754 46,941 46,742