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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, 2014
Mar. 31, 2013
Revenue:    
Oil and gas production revenues $ 25,850 $ 21,163
Other 43 33
Total revenue 25,893 21,196
Operating costs and expenses:    
Lease operating expenses 5,892 6,462
Production taxes 2,204 1,927
Depreciation, depletion, and amortization 7,635 6,509
General and administrative (including stock-based compensation of $439 and $474 respectively) 2,823 2,530
Operating costs and expenses 18,554 17,428
Operating income 7,339 3,768
Other (income) expense:    
Interest income 0 (1)
Interest expense 608 1,208
Amortization of deferred financing fees 348 333
Loss on derivative contracts - Realized 734 925
Loss on derivative contracts - Unrealized 945 621
Other 0 87
Total other (income) expense 2,635 3,173
Net income before income tax expense 4,704 595
Income tax expense 0 0
Net income $ 4,704 $ 595
Net income (loss) per common share - basic (in dollars per share) $ 0.05 $ 0.01
Net income (loss) per common share - diluted (in dollars per share) $ 0.05 $ 0.01
Weighted average shares outstanding - basic (shares) 92,566 92,290
Weighted average shares outstanding - diluted (shares) 94,321 93,264