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Consolidated Statements of Operations (Audited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:                      
Natural gas, NGL and crude oil sales $ 120,286 $ 82,136 $ 77,537 $ 79,439 $ 67,773 $ 52,291 $ 51,342 $ 66,955 $ 359,398 $ 238,361 $ 223,297
Sales from natural gas marketing 21,092 16,946 18,079 13,670 14,199 11,178 8,613 11,381 69,787 45,371 63,470
Commodity price risk management gain (loss), net (2,636) (23,638) 24,724 (22,355) 14,052 (31,943) 38,729 11,501 (23,905) 32,339 46,090
Well operations, pipeline income and other 2,325 1,672 965 1,072 1,115 1,194 1,056 1,169 6,034 4,534 4,432
Total revenues 141,067 77,116 121,305 71,826 97,139 32,720 99,740 91,006 411,314 320,605 337,289
Costs, expenses and other:                      
Production costs 22,299 19,057 16,176 15,858 13,594 15,797 12,373 12,936 73,390 54,700 44,832
Cost of natural gas marketing 21,156 17,127 18,065 13,736 14,182 11,260 8,490 11,091 70,084 45,023 62,831
Exploration expense 1,883 2,030 1,437 1,689 14,875 1,773 2,374 1,872 7,039 20,894 5,734
Impairment of natural gas and crude oil properties 1,002 4,472 1,502 46,459 4,563 388 356 588 53,435 5,895 2,301
General and administrative expense 16,991 16,080 15,783 15,115 16,019 13,710 14,378 14,708 63,969 58,815 61,454
Depreciation, depletion and amortization 40,641 30,870 27,800 27,949 24,906 22,121 23,839 27,912 127,260 98,778 87,633
Accretion of asset retirement obligations 1,080 1,186 1,172 1,148 1,127 1,101 732 727 4,586 3,687 1,398
Gain on sale of Leaseholds 2,151 (712) (9) (38) (445) (1,508) (2,246) (154) 1,392 (4,353) (196)
Total cost, expenses and other 107,203 90,110 81,926 121,916 88,821 64,642 60,296 69,680 401,155 283,439 265,987
Income (loss) from operations 33,864 (12,994) 39,379 (50,090) 8,318 (31,922) 39,444 21,326 10,159 37,166 71,302
Loss on extinguishment of debt         (23,283) 0 0 0 0 (23,283) 0
Interest expense (12,943) (12,509) (13,089) (13,357) (16,430) (11,360) (10,053) (10,444) (51,898) (48,287) (36,985)
Interest income 337 130 3 0 3 3 0 2 470 8 47
Income (loss) from continuing operations before income taxes 21,258 (25,373) 26,293 (63,447) (31,392) (43,279) 29,391 10,884 (41,269) (34,396) 34,364
Provision for income taxes (8,059) 10,155 (9,791) 22,492 11,766 15,268 (10,213) (4,120) 14,797 12,701 (11,800)
Income (loss) from continuing operations 13,199 (15,218) 16,502 (40,955) (19,626) (28,011) 19,178 6,764 (26,472) (21,695) 22,564
Income (loss) from discontinued operations, net of tax 0 (782) 3,416 1,537 (106,549) (4,632) (6,907) 9,071 4,171 (109,017) (9,127)
Net income (loss) $ 13,199 $ (16,000) $ 19,918 $ (39,418) $ (126,175) $ (32,643) $ 12,271 $ 15,835 $ (22,301) $ (130,712) $ 13,437
Basic                      
Income (loss) from continuing operations $ 0.37 $ (0.46) $ 0.55 $ (1.35) $ (0.65) $ (0.93) $ 0.72 $ 0.29 $ (0.82) $ (0.78) $ 0.96
Income (loss) from discontinued operations $ 0.00 $ (0.02) $ 0.11 $ 0.05 $ (3.52) $ (0.15) $ (0.26) $ 0.38 $ 0.13 $ (3.94) $ (0.39)
Net income (loss) attributable to shareholders $ 0.37 $ (0.48) $ 0.66 $ (1.30) $ (4.17) $ (1.08) $ 0.46 $ 0.67 $ (0.69) $ (4.72) $ 0.57
Diluted                      
Income (loss) from continuing operations $ 0.36 $ (0.46) $ 0.53 $ (1.35) $ (0.65) $ (0.93) $ 0.72 $ 0.28 $ (0.82) $ (0.78) $ 0.95
Income (loss) from discontinued operations $ 0.00 $ (0.02) $ 0.11 $ 0.05 $ (3.52) $ (0.15) $ (0.26) $ 0.38 $ 0.13 $ (3.94) $ (0.39)
Net income (loss) attributable to shareholders $ 0.36 $ (0.48) $ 0.64 $ (1.30) $ (4.17) $ (1.08) $ 0.46 $ 0.66 $ (0.69) $ (4.72) $ 0.56
Weighted-average common shares outstanding:                      
Basic 35,620 33,413 30,332 30,270 30,233 30,214 26,597 23,609 32,426 27,677 23,521
Diluted 36,836 33,413 31,014 30,270 30,233 30,214 26,728 23,889 32,426 27,677 23,871