Business Segments

3 Months Ended

Mar. 31, 2013

Business Segments [Abstract]

Business Segments

Note 8. Business Segments

The following tables provide the Company's geographic operating segment data for the three months ended March 31, 2013 and 2012:

	Three Months Ended March 31, 2013
	U.S		Canada			Corporate			Total
Revenues:
Oil and gas production	$	20,558	$	605		$	—		$	21,163
Other		—		—			33			33
		20,558		605			33			21,196
Expenses:
Lease operating		5,804		658			—			6,462
Production taxes		1,927		—			—			1,927
Depreciation, depletion and amortization		6,214		233			62			6,509
General and administrative		475		155			1,900			2,530
Net interest		166		6			1,035			1,207
Amortization of deferred financing fees		—		—			333			333
Loss on derivative contracts		—		—			1,546			1,546
Other		—		—			87			87
Net income (loss)	$	5,972	$	(447	)	$	(4,930	)	$	595

	Three Months Ended March 31, 2012
	U.S		Canada			Corporate			Total
Revenues:
Oil and gas production	$	15,875	$	504		$	—		$	16,379
Other		—		—			14			14
		15,875		504			14			16,393
Expenses (income):
Lease operating		5,709		225			—			5,934
Production taxes		1,496		—			—			1,496
Depreciation, depletion and amortization		4,558		218			62			4,838
General and administrative		326		121			1,454			1,901
Net interest		112		4			1,078			1,194
Amortization of deferred financing fees		—		—			30			30
Equity in gain of joint venture		—		—			(783	)		(783	)
Loss on derivative contracts		—		—			924			924
Other		—		—			42			42
Net income (loss)	$	3,674	$	(64	)	$	(2,793	)	$	817

The following table provides the Company's geographic asset data as of March 31, 2013 and December 31, 2012:

Segment Assets:	March 31, 2013		December 31, 2012
United States	$	237,480	$	223,253
Canada		8,198		7,053
Corporate		12,483		10,301
	$	258,161	$	240,607