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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Oil and gas sales $ 17,094 $ 26,872 $ 50,238 $ 92,873
Expenses:        
Lease operating expenses 6,857 10,070 21,898 32,163
Production taxes 319 399 609 2,303
Depreciation, depletion and amortization 6,030 13,687 23,361 52,686
Ceiling test write-down 8,665 40,212 40,304 214,618
General and administrative 8,827 4,686 21,297 16,544
Accretion of asset retirement obligation 670 825 1,896 2,507
Interest expense 7,737 8,526 22,497 24,996
Expenses 39,105 78,405 131,862 345,817
Other income (expense):        
Gain on sale of oil and gas properties 0 828 0 22,359
Other income (expense) (28) 88 (355) 285
Other Income (28) 916 (355) 22,644
Loss from operations (22,039) (50,617) (81,979) (230,300)
Income tax expense (benefit) (18) 6 543 1,079
Net loss (22,021) (50,623) (82,522) (231,379)
Preferred stock dividend 1,285 1,287 4,064 3,854
Loss available to common stockholders $ (23,306) $ (51,910) $ (86,586) $ (235,233)
Basic        
Net income (loss) per share (in usd per share) $ (1.31) $ (3.19) $ (4.97) $ (14.50)
Diluted        
Net income (loss) per share (in usd per share) $ (1.31) $ (3.19) $ (4.97) $ (14.50)
Weighted average number of common shares:        
Basic (shares) 17,736 16,259 17,412 16,225
Diluted (shares) 17,736 16,259 17,412 16,225