XML 20 R25.htm IDEA: XBRL DOCUMENT v2.3.0.15
Summary of Significant Accounting Policies (Details Textual) (USD $)
3 Months Ended9 Months Ended12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Year
Installment
Bank
Sep. 30, 2010
Dec. 31, 2010
Summary of Significant Accounting Policies (Textual) [Abstract]     
Total capitalized internal costs  $ 21,900,000$ 17,800,000 
Total capitalized interest cost on unproved properties2,000,0001,900,0005,700,0005,500,000 
Estimated useful lives of the property, minimum  2  
Estimated useful lives of the property, maximum  20  
Discount rate for estimated future net revenues from proved properties10.00%    
Allowance for doubtful accounts receivable, current100,000 100,000 100,000
Accounts receivable related to oil and gas sales40,700,000 40,700,000 43,300,000
Accounts receivable45,100,000 45,100,000 46,975,000
Net gain (loss) related to derivative activities, recognized300,000(200,000)(800,000)(800,000) 
Fair value of derivative instruments0 0 300,000
Inventory Obsolescence Charge  1,600,000  
Percentage of working interest interest in wells  100.00%  
Total amount of supervision fees charged to wells  10,000,0009,200,000 
Inventories carried at cost6,300,000 6,300,000 12,800,000
Condition for recognition of income tax benefit being realized upon ultimate settlement with a taxing authority  greater than 50% probability  
Unrecognized tax benefits that would impact effective tax rate1,000,000 1,000,000  
Outstanding checks included in trade accounts payable21,000,000 21,000,000 8,100,000
Maturity time period for cash and cash equivalents  3 months or less  
Restricted cash and cash equivalents included in other long term assets1,300,000 1,300,000 1,300,000
Accumulated other comprehensive income (loss) net of tax0 0  
Total comprehensive income (loss)16,800,0009,300,00078,323,000[1]36,200,00046,379,000
Asset retirement obligation classified as a current liability in accounts payable and accrued liabilities12,274,000 12,274,000 8,708,000
Public stock offer price per share    $ 36.60
Public stock offering (shares)    4,038,270
Proceeds from Issuance of Common Stock    147,800,000
Payments of stock issuance costs including commissions    7,700,000
Joint interest owners [Member]
     
Accounts, Notes, Loans and Financing Receivable (Textual) [Abstract]     
Accounts receivable related to joint interest owners4,100,000 4,100,000 2,300,000
Other receivables [Member]
     
Accounts, Notes, Loans and Financing Receivable (Textual) [Abstract]     
Other Receivables300,000 300,000 1,400,000
Senior notes due 2017 [Member]
     
Debt Issuance Costs (Textual) [Abstract]     
Rates of senior notes7.125% 7.125%  
Maturity date of senior notes  Jun. 01, 2017  
Balance of issuance costs for credit facility2,700,000 2,700,000  
Net of accumulated amortization1,400,000 1,400,000  
Senior notes due 2020 [Member]
     
Debt Issuance Costs (Textual) [Abstract]     
Rates of senior notes8.875% 8.875%  
Maturity date of senior notes  Jan. 15, 2020  
Balance of issuance costs for credit facility4,400,000 4,400,000  
Net of accumulated amortization600,000 600,000  
Line of Credit [Member]
     
Debt Issuance Costs (Textual) [Abstract]     
Balance of issuance costs for credit facility3,700,000 3,700,000  
Net of accumulated amortization$ 3,800,000 $ 3,800,000  
[1][2] Unaudited