XML 61 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Oil and gas sales $ 34,136us-gaap_OilAndGasSalesRevenue $ 31,784us-gaap_OilAndGasSalesRevenue $ 26,574us-gaap_OilAndGasSalesRevenue
Transportation and gathering revenue 3,540us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue 3,745us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue 4,999us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
Price risk management activities 6,243us-gaap_GainLossOnPriceRiskDerivativesNet (730)us-gaap_GainLossOnPriceRiskDerivativesNet 4,939us-gaap_GainLossOnPriceRiskDerivativesNet
Other income 170us-gaap_OtherSalesRevenueNet 520us-gaap_OtherSalesRevenueNet 1,653us-gaap_OtherSalesRevenueNet
Total revenues 44,089us-gaap_Revenues 35,319us-gaap_Revenues 38,165us-gaap_Revenues
Costs and expenses:      
Production costs 13,228us-gaap_LeaseOperatingExpense 13,135us-gaap_LeaseOperatingExpense 12,299us-gaap_LeaseOperatingExpense
Production taxes 4,028us-gaap_TaxesExcludingIncomeAndExciseTaxes 3,906us-gaap_TaxesExcludingIncomeAndExciseTaxes 3,000us-gaap_TaxesExcludingIncomeAndExciseTaxes
Exploration expenses including dry hole costs 116us-gaap_ExplorationExpense 181us-gaap_ExplorationExpense 696us-gaap_ExplorationExpense
Pipeline operating costs 4,331escr_PipelineOperatingCosts 5,194escr_PipelineOperatingCosts 4,892escr_PipelineOperatingCosts
Impairment and abandonment of equipment and properties 1,708us-gaap_ImpairmentOfOilAndGasProperties 4,992us-gaap_ImpairmentOfOilAndGasProperties 4,988us-gaap_ImpairmentOfOilAndGasProperties
General and administrative 7,094us-gaap_GeneralAndAdministrativeExpense 5,395us-gaap_GeneralAndAdministrativeExpense 6,209us-gaap_GeneralAndAdministrativeExpense
Depreciation, depletion and amortization 19,419us-gaap_DepreciationDepletionAndAmortization 20,942us-gaap_DepreciationDepletionAndAmortization 20,216us-gaap_DepreciationDepletionAndAmortization
Total costs and expenses 49,924us-gaap_CostsAndExpenses 53,745us-gaap_CostsAndExpenses 52,300us-gaap_CostsAndExpenses
Loss from operations (5,835)us-gaap_OperatingIncomeLoss (18,426)us-gaap_OperatingIncomeLoss (14,135)us-gaap_OperatingIncomeLoss
Interest expense, net (1,826)us-gaap_InterestExpense (1,307)us-gaap_InterestExpense (1,610)us-gaap_InterestExpense
Provision for gas-to-liquids advance (1,160)us-gaap_ProvisionForLoanAndLeaseLosses    
Loss before income taxes (8,821)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (19,733)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (15,745)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Benefit for deferred income taxes 1,236us-gaap_DeferredIncomeTaxExpenseBenefit 6,660us-gaap_DeferredIncomeTaxExpenseBenefit 5,418us-gaap_DeferredIncomeTaxExpenseBenefit
NET LOSS (7,585)us-gaap_NetIncomeLoss (13,073)us-gaap_NetIncomeLoss (10,327)us-gaap_NetIncomeLoss
Preferred stock dividends (3,723)us-gaap_DividendsPreferredStock (3,723)us-gaap_DividendsPreferredStock (3,723)us-gaap_DividendsPreferredStock
Net loss attributable to common stock $ (11,308)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (16,796)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (14,050)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Net loss per common share:      
Basic and diluted $ (0.83)us-gaap_EarningsPerShareBasicAndDiluted $ (1.48)us-gaap_EarningsPerShareBasicAndDiluted $ (1.25)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average shares outstanding:      
Basic and diluted 13,603,904us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 11,332,129us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 11,250,513us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted