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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Oil and gas production revenues $ 56,493 $ 67,002 $ 133,701
Other 62 28 75
Total revenue 56,555 67,030 133,776
Operating costs and expenses:      
Lease operating 18,205 23,074 25,875
Production taxes 5,454 6,679 11,462
Rig expense 664 0 0
Depreciation, depletion, and amortization 24,431 38,721 43,139
Proved property impairment 67,626 128,573 0
General and administrative (including stock-based compensation of $2,703, $3,912 and $3,194, respectively) 13,562 11,788 13,378
Operating expenses 129,942 208,835 93,854
Operating income (loss) (73,387) (141,805) 39,922
Other (income) expense:      
Interest income (1) (2) (2)
Interest expense 4,319 3,906 2,570
Amortization of deferred financing fees 1,019 643 934
(Gain) on sale of properties (374) 0 0
(Gain) loss on derivative contracts 18,028 (19,301) (25,237)
Other 0 318 (7)
Total other (income) expense 22,991 (14,436) (21,742)
Income (loss) from continuing operations before income tax (96,378) (127,369) 61,664
Income tax benefit 0 279 287
Net income (loss) from continuing operations (96,378) (127,090) 61,951
Net income (loss) from discontinued operations - net of tax 0 (20) 1,318
Net income (loss) $ (96,378) $ (127,110) $ 63,269
Net income (loss) per common share - basic      
Continuing operations (in dollars per share) $ (0.79) $ (1.21) $ 0.63
Discontinued operations (in dollars per share) 0.00 0.00 0.01
Total (in dollars per share) (0.79) (1.21) 0.64
Net income (loss) per common share - diluted      
Continuing operations (in dollars per share) (0.79) (1.21) 0.61
Discontinued operations (in dollars per share) 0.00 0.00 0.01
Total (in dollars per share) $ (0.79) $ (1.21) $ 0.62
Weighted Average Number of Shares Outstanding, Basic and Diluted [Abstract]      
Weighted Average Number of Shares Outstanding, Basic 122,132 104,605 98,835
Weighted Average Number of Shares Outstanding, Diluted 122,132 104,605 101,468