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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities      
Net income (loss) $ 13,743 $ 1,766 $ (28,525)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Equity in (income) loss of joint venture (2,187) 473 0
Change in derivative fair value (7,680) (10,451) 25,740
Monetization of derivative contracts 0 0 26,736
Depreciation, depletion, and amortization 16,194 16,212 17,886
Impairment 0 4,787 0
Accretion of future site restoration 452 516 558
Amortization of deferred financing fees 1,762 2,479 1,326
Stock-based compensation 1,987 1,560 1,239
Registration fees previously capitalized 0 0 2,210
Loss on disposal of assets 0 0 289
Other non-cash transactions 0 24 78
Changes in operating assets and liabilities:      
Accounts receivable (182) (3,976) (803)
Other assets and liabilities (17) (113) (7)
Accounts payable 756 14,210 (1,545)
Accrued expenses (333) (3,385) (1,046)
Net cash provided by operating activites 24,495 24,102 44,136
Investing Activities      
Capital expenditures, including purchases and development of properties (79,012) (36,448) (16,471)
Proceeds from the sale of oil and gas properties 8,457 21,400 2,375
Net cash used in investing activities (70,555) (15,048) (14,096)
Financing Activities      
Proceeds from exercise of stock options and warrants 83 69 203
Proceeds from issuance of common stock, net of offering costs 62,346 0 0
Transaction costs on exchange of partnership units 0 0 (2,557)
Proceeds from long-term borrowings 50,500 3,000 13,500
Payments on long-term borrowings (65,153) (13,641) (32,736)
Partnership distribution to non-controlling interest 0 0 (2,257)
Deferred financing fees (1,758) (169) (5,687)
Other (52) (75) (569)
Net cash (used in) provided by financing activities 45,966 (10,816) (30,103)
Effect of exchange rate changes on cash (5) 0 0
Decrease in cash (99) (1,762) (63)
Cash at beginning of year 99 1,861 1,924
Cash at end of year 0 99 1,861
Supplemental disclosures of cash flow information:      
Interest paid 4,514 8,876 10,575
Non-Cash Investing Activities:      
Asset retirement obligation cost and liabilities (8) (83) (80)
Asset retirement obligations associated with property acquisitions and dispositions 306 (2,735) 2
Properties contributed to joint venture $ 0 $ 24,500 $ 0