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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:      
Oil and gas production revenues $ 86,189 $ 56,493 $ 67,002
Other 75 62 28
Total revenue 86,264 56,555 67,030
Operating costs and expenses:      
Lease operating 15,197 18,205 23,074
Production taxes 7,228 5,454 6,679
Rig expense 0 664 0
Depreciation, depletion, and amortization 26,226 24,431 38,721
Proved property impairment 0 67,626 128,573
General and administrative (including stock-based compensation of $3,912, $3,194 and $3,238, respectively) 16,276 13,562 11,788
Operating expenses 64,927 129,942 208,835
Operating (loss) income 21,337 (73,387) (141,805)
Other (income) expense:      
Interest income (1) (1) (2)
Interest expense 2,948 4,319 3,906
Amortization of deferred financing fees 423 1,019 643
(Gain) on sale of properties (102) (374) 0
(Gain) loss on derivative contracts 1,849 18,028 (19,301)
Other 214 0 318
Total other (income) expense 5,331 22,991 (14,436)
(Loss) income from continuing operations before income tax 16,006 (96,378) (127,369)
Income tax benefit 0 0 279
Net (loss) income from continuing operations 16,006 (96,378) (127,090)
Net loss from discontinued operations - net of tax 0 0 (20)
Net income (loss) $ 16,006 $ (96,378) $ (127,110)
Net (loss) income per common share - basic      
Continuing operations (in dollars per share) $ 0.10 $ (0.79) $ (1.21)
Discontinued operations (in dollars per share) 0.00 0.00 0.00
Total (in dollars per share) 0.10 (0.79) (1.21)
Net (loss) income per common share - diluted      
Continuing operations (in dollars per share) 0.10 (0.79) (1.21)
Discontinued operations (in dollars per share) 0.00 0.00 0.00
Total (in dollars per share) $ 0.10 $ (0.79) $ (1.21)
Weighted Average Number of Shares Outstanding, Basic and Diluted [Abstract]      
Weighted Average Number of Shares Outstanding, Basic 161,141 122,132 104,605
Weighted Average Number of Shares Outstanding, Diluted 162,844 122,132 104,605
Oil [Member]      
Revenues:      
Oil and gas production revenues $ 73,584 $ 50,965 $ 59,270
Natural Gas [Member]      
Revenues:      
Oil and gas production revenues 6,898 3,978 5,854
Natural Gas Liquids [Member]      
Revenues:      
Oil and gas production revenues $ 5,707 $ 1,550 $ 1,878