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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenue:    
Oil and gas production revenues $ 21,163 $ 16,379
Other 33 14
Total revenue 21,196 16,393
Operating costs and expenses:    
Lease operating expenses 6,462 5,934
Production taxes 1,927 1,496
Depreciation, depletion, and amortization 6,509 4,838
General and administrative (including stock-based compensation of $474, and $477, respectively) 2,530 1,901
Operating costs and expenses 17,428 14,169
Operating income 3,768 2,224
Other (income) expense:    
Interest income (1) (1)
Interest expense 1,208 1,195
Amortization of deferred financing fees 333 30
Loss on derivative contracts ($621 and $876 unrealized) 1,546 924
Earnings from equity method investments 0 (783)
Other 87 42
Total other (income) expense 3,173 1,407
Net income $ 595 $ 817
Net income per common share - basic (in dollars per share) $ 0.01 $ 0.01
Net income per common share - diluted (in dollars per share) $ 0.01 $ 0.01