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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2013
Successor
Jun. 30, 2012
Predecessor
Cash flows from operating activities:    
Net loss $ (14,029,000) $ (29,375,000)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation, depletion, amortization and accretion 1,804,000 10,226,000
Interest, prepayments premiums and exit penalty capitalized into note balance 4,918,000 1,696,000
Amortization of deferred financing costs and bond discount 880,000   
Gain on sale of assets held for sale (50,000)   
Loss on disposal of other assets 33,000 126,000
Stock-based compensation 281,000 1,895,000
Unrealized loss on derivative contracts 5,255,000   
(Income) loss from unconsolidated affiliates 865,000 (9,000)
Professional fees paid through restricted cash related to trust activities 1,226,000   
Non cash trust litigation and settlement expenses 3,938,000   
Other    28,000
Net changes in operating assets and liabilities:    
Trade accounts receivable 7,526,000 4,585,000
Deposits and prepaid assets (99,000) (17,000)
Inventories 191,000   
Other assets 4,000   
Accounts payable and other accrued liabilities (913,000) (4,594,000)
Accrued reorganization costs    2,285,000
Net cash provided by (used in) operating activities 11,830,000 (13,154,000)
Cash flows from investing activities:    
Acquisition deposits (40,000,000)   
Additions to property and equipment (131,000) (420,000)
Capitalized drilling costs owed to operator (246,000)   
Proceeds from sale of oil and gas properties    42,000
Proceeds from sale of other fixed assets    26,000
Proceeds from sale of assets held for sale 2,850,000   
Net cash used in investing activities (37,527,000) (352,000)
Cash flows from financing activities:    
Proceeds from borrowings 44,865,000 5,000,000
Repayments of borrowing (1,335,000)   
Release of restricted cash held to secure letters of credit 19,000,000   
Net cash provided by financing activities 62,530,000 5,000,000
Net increase (decrease) in cash and cash equivalents 36,833,000 (8,506,000)
Cash at beginning of period 6,185,000 12,862,000
Cash at end of period 43,018,000 4,356,000
Non cash investing and financing activities and supplemental disclosure of cash paid:    
Stock issued to settle bankruptcy claims 1,934,000   
Cash paid for interest and financing costs 73,000 3,049,000
Restricted cash used to settle bankruptcy claims $ 3,426,000