Consolidated Statements of Cash Flows (Unaudited) (USD $) In Thousands, unless otherwise specified	3 Months Ended
Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:
Net loss	$ (4,386)	$ (5,176)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion, amortization and accretion of asset retirement obligation	5,312	5,283
Impairment and abandonment of equipment and properties	675	1,064
Gain on settlement of asset retirement obligation	(92)
Settlement of asset retirement obligation	(239)
Benefit for deferred income taxes	(579)	(2,733)
Change in fair value of derivative contracts	1,538	4,636
Stock-based compensation expense	205	282
Loss on sale of producing property		10
Changes in current assets and liabilities:
Decrease in deposit held in escrow		283
Decrease (increase) in accounts receivable	(957)	1,285
Decrease (increase) in other current assets	(126)	91
(Decrease) increase in accounts payable and accrued expenses	781	(2,710)
Increase in accrued production taxes	783	422
NET CASH PROVIDED BY OPERATING ACTIVITIES	2,915	2,737
Cash flows from investing activities:
Payments to acquire and develop producing properties and equipment, net	(1,148)	(2,137)
Payments to acquire corporate and non-producing properties		(2)
NET CASH USED IN INVESTING ACTIVITIES	(1,148)	(2,139)
Cash flows from financing activities:
Net proceeds from sale of common stock	2,575
Dividends paid on preferred stock	(931)	(931)
Net borrowings on credit facility	500
Tax withholdings related to net share settlement of restricted stock awards	(44)	(17)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES	2,100	(948)
Change in cash and cash equivalents	3,867	(350)
Cash and cash equivalents at beginning of period	2,799	4,070
CASH AND CASH EQUIVALENTS AT END OF PERIOD	6,666	3,720
Supplemental disclosure of cash and non-cash transactions:
Cash paid for interest	405	269
Interest capitalized	17	45
Additions to developed properties included in current liabilities	865	2,772
Common stock issuance costs, not yet paid	$ 668

Represents the noncash expense charged against earnings in the period to recognize the consumption of oil and gas reserves that are part of an entities' assets, the noncash expense related to the cost of tangible assets to period that benefit from these assets and the noncash expense recognized during the period, in connection with the accretion, of the discounted liability recognized for the fair value of an asset retirement obligation at the time of acquisition or completion of a well. The accretion is recognized over the remaining estimated lives of the respective oil and gas properties.

No definition available.