Business Segments

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Business Segments

Business Segments

The following tables provide the Company’s geographic operating segment data for the three months ended March 31, 2014 and 2013:

	Three months ended March 31, 2014
	U.S.		Canada			Corporate			Total
Revenues:
Oil and gas production revenues	$	25,475	$	375		$	—		$	25,850
Other	—		—			43			43
	25,475		375			43			25,893
Expenses:
Lease operating expenses	5,645		247			—			5,892
Production taxes	2,204		—			—			2,204
Depreciation, depletion and amortization	7,437		136			62			7,635
General and administrative	509		348			1,966			2,823
Net interest	138		6			464			608
Amortization of deferred financing fees	—		—			348			348
Loss on derivative contracts - Realized	—		—			734			734
Loss on derivative contracts - Unrealized	—		—			945			945
Net income (loss)	$	9,542	$	(362	)	$	(4,476	)	$	4,704

	Three months ended March 31, 2013
	U.S.		Canada			Corporate			Total
Revenues:
Oil and gas production revenues	$	20,558	$	605		$	—		$	21,163
Other	—		—			33			33
	20,558		605			33			21,196
Expenses:
Lease operating expenses	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 - Realized	—		—			925			925
Loss on derivative contracts - Unrealized	—		—			621			621
Other						87			87
Net income (loss)	$	5,972	$	(447	)	$	(4,930	)	$	595

The following table provides the Company’s geographic asset data as of March 31, 2014 and December 31, 2013:

Segment Assets:	March 31, 2014		December 31, 2013
United States	$	228,072	$	213,212
Canada	1,302		1,640
Corporate	8,140		8,798
	$	237,514	$	223,650