Condensed Consolidating Financial Statements (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2013

Dec. 31, 2012

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Balance Sheet

CONDENSED CONSOLIDATING BALANCE SHEETS

(Amounts in thousands)

	March 31, 2013
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	225,269		$	710		$	1		$	—		$	225,980
Accounts receivable - oil and gas	21,495			528			—			—			22,023
Accounts receivable - related parties	35,031			2,031			—			—			37,062
Accounts receivable - intercompany	15,604			—			—			(15,604		)	—
Prepaid expenses and other current assets	1,435			—			—			—			1,435
Short-term derivative instruments	343			—			—			—			343
Total current assets	299,177			3,269			1			(15,604		)	286,843
Property and equipment:
Oil and natural gas properties, full-cost accounting,	1,927,051			5,368			—			—			1,932,419
Other property and equipment	8,897			27			—			—			8,924
Accumulated depletion, depreciation, amortization and impairment	(688,447		)	(20		)	—			—			(688,467		)
Property and equipment, net	1,247,501			5,375			—			—			1,252,876
Other assets:
Equity investments and investments in subsidiaries	444,422			—			176,196			(169,026		)	451,592
Other assets	13,159			—			—			—			13,159
Total other assets	457,581			—			176,196			(169,026		)	464,751
Total assets	$	2,004,259		$	8,644		$	176,197		$	(184,630	)	$	2,004,470
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable and accrued liabilities	$	109,566		$	211		$	—		$	—		$	109,777
Accounts payable - intercompany	—			15,495			109			(15,604		)	—
Asset retirement obligation - current	780			—			—			—			780
Short-term derivative instruments	9,689			—			—			—			9,689
Deferred tax liability	158			—			—			—			158
Current maturities of long-term debt	152			—			—			—			152
Total current liabilities	120,345			15,706			109			(15,604		)	120,556
Asset retirement obligation - long-term	12,560			—			—			—			12,560
Deferred tax liability	45,382			—			—			—			45,382
Long-term debt, net of current maturities	298,921			—			—			—			298,921
Other non-current liabilities	142			—			—			—			142
Total liabilities	477,350			15,706			109			(15,604		)	477,561
Stockholders' equity:
Common stock	773			—			—			—			773
Paid-in capital	1,395,288			322			181,878			(182,200		)	1,395,288
Accumulated other comprehensive income (loss)	(6,629		)	—			(1,125		)	1,125			(6,629		)
Retained earnings (accumulated deficit)	137,477			(7,384		)	(4,665		)	12,049			137,477
Total stockholders' equity	1,526,909			(7,062		)	176,088			(169,026		)	1,526,909
Total liabilities and stockholders' equity	$	2,004,259		$	8,644		$	176,197		$	(184,630	)	$	2,004,470

CONDENSED CONSOLIDATING BALANCE SHEETS

(Amounts rounded to nearest thousand)

	December 31, 2012
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	165,293,000		$	1,795,000		$	—		$	—		$	167,088,000
Accounts receivable - oil and gas	25,070,000			545,000			—			—			25,615,000
Accounts receivable - related parties	33,806,000			1,042,000			—			—			34,848,000
Accounts receivable - intercompany	15,368,000									(15,368,000		)	—
Prepaid expenses and other current assets	1,506,000			—			—			—			1,506,000
Short-term derivative instruments	664,000			—			—			—			664,000
Total current assets	241,707,000			3,382,000			—			(15,368,000		)	229,721,000
Property and equipment:
Oil and natural gas properties, full-cost accounting,	1,606,172,000			4,918,000			—			—			1,611,090,000
Other property and equipment	8,642,000			20,000			—			—			8,662,000
Accumulated depletion, depreciation, amortization and impairment	(665,864,000		)	(20,000		)	—			—			(665,884,000		)
Property and equipment, net	948,950,000			4,918,000			—			—			953,868,000
Other assets:
Equity investments and investments in subsidiaries	374,209,000			—			172,766,000			(165,491,000		)	381,484,000
Other assets	13,295,000			—			—			—			13,295,000
Total other assets	387,504,000			—			172,766,000			(165,491,000		)	394,779,000
Deferred tax asset	—			—			—			—			—
Total assets	$	1,578,161,000		$	8,300,000		$	172,766,000		$	(180,859,000	)	$	1,578,368,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable and accrued liabilities	$	110,037,000		$	207,000		$	—		$	—		$	110,244,000
Accounts payable - intercompany	—			15,259,000			109,000			(15,368,000		)	—
Asset retirement obligation - current	60,000			—			—			—			60,000
Short-term derivative instruments	10,442,000			—			—			—			10,442,000
Current maturities of long-term debt	150,000			—			—			—			150,000
Total current liabilities	120,689,000			15,466,000			109,000			(15,368,000		)	120,896,000
Asset retirement obligation - long-term	13,215,000			—			—			—			13,215,000
Deferred tax liability	18,607,000			—			—			—			18,607,000
Long-term debt, net of current maturities	298,888,000			—			—			—			298,888,000
Other non-current liabilities	354,000			—			—			—			354,000
Total liabilities	451,753,000			15,466,000			109,000			(15,368,000		)	451,960,000
Stockholders' equity:
Common stock	674,000			—			—			—			674,000
Paid-in capital	1,036,245,000			322,000			174,348,000			(174,670,000		)	1,036,245,000
Accumulated other comprehensive income (loss)	(3,429,000		)	—			2,442,000			(2,442,000		)	(3,429,000		)
Retained earnings (accumulated deficit)	92,918,000			(7,488,000		)	(4,133,000		)	11,621,000			92,918,000
Total stockholders' equity	1,126,408,000			(7,166,000		)	172,657,000			(165,491,000		)	1,126,408,000
Total liabilities and stockholders' equity	$	1,578,161,000		$	8,300,000		$	172,766,000		$	(180,859,000	)	$	1,578,368,000

CONDENSED CONSOLIDATING BALANCE SHEETS

(Amounts rounded to nearest thousand)

	December 31, 2011
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	93,124,000		$	772,000		$	1,000		$	—		$	93,897,000
Accounts receivable - oil and gas	27,532,000			487,000			—			—			28,019,000
Accounts receivable - related parties	4,731,000			—			—			—			4,731,000
Accounts receivable - intercompany	11,267,000									(11,267,000		)	—
Prepaid expenses and other current assets	1,327,000			—			—			—			1,327,000
Short-term derivative instruments	1,601,000			—			—			—			1,601,000
Total current assets	139,582,000			1,259,000			1,000			(11,267,000		)	129,575,000
Property and equipment:
Oil and natural gas properties, full-cost accounting,	1,026,017,000			9,737,000			—			—			1,035,754,000
Other property and equipment	8,004,000			20,000			—			—			8,024,000
Accumulated depletion, depreciation, amortization and impairment	(575,122,000		)	(20,000		)	—			—			(575,142,000		)
Property and equipment, net	458,899,000			9,737,000			—			—			468,636,000
Other assets:
Equity investments and investments in subsidiaries	86,426,000			—			69,008,000			(68,610,000		)	86,824,000
Other assets	5,123,000			—			—			—			5,123,000
Total other assets	91,549,000			—			69,008,000			(68,610,000		)	91,947,000
Deferred tax asset	1,000,000			—			—			—			1,000,000
Total assets	$	691,030,000		$	10,996,000		$	69,009,000		$	(79,877,000	)	$	691,158,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable and accrued liabilities	$	43,744,000		$	128,000		$	—		$	—		$	43,872,000
Accounts payable - intercompany	—			11,231,000			36,000			(11,267,000		)	—
Asset retirement obligation - current	620,000			—			—			—			620,000
Current maturities of long-term debt	141,000			—			—			—			141,000
Total current liabilities	44,505,000			11,359,000			36,000			(11,267,000		)	44,633,000
Asset retirement obligation - long-term	12,033,000			—			—			—			12,033,000
Long-term debt, net of current maturities	2,142,000			—			—			—			2,142,000
Total liabilities	58,680,000			11,359,000			36,000			(11,267,000		)	58,808,000
Stockholders' equity:
Common stock	556,000			—			—			—			556,000
Paid-in capital	604,584,000			322,000			70,433,000			(70,755,000		)	604,584,000
Accumulated other comprehensive income	2,663,000			—			1,087,000			(1,087,000		)	2,663,000
Retained earnings (accumulated deficit)	24,547,000			(685,000		)	(2,547,000		)	3,232,000			24,547,000
Total stockholders' equity	632,350,000			(363,000		)	68,973,000			(68,610,000		)	632,350,000
Total liabilities and stockholders' equity	$	691,030,000		$	10,996,000		$	69,009,000		$	(79,877,000	)	$	691,158,000

Condensed Consolidating Statements of Operations

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Three Months Ended March 31, 2013
	Parent			Guarantors		Non-Guarantor			Eliminations			Consolidated
Total revenues	$	54,662		$	338	$	—		$	—		$	55,000
Costs and expenses:
Lease operating expenses	4,998			174		—			—			5,172
Production taxes	7,261			26		—			—			7,287
Depreciation, depletion, and amortization	22,583			—		—			—			22,583
General and administrative	4,378			34		—			—			4,412
Accretion expense	175			—		—			—			175
Loss on sale of assets	427			—		—			—			427
	39,822			234		—			—			40,056
INCOME (LOSS) FROM OPERATIONS	14,840			104		—			—			14,944
OTHER (INCOME) EXPENSE:
Interest expense	3,479			—		—			—			3,479
Interest income	(79		)	—		—			—			(79		)
(Income) loss from equity method investments and investments in subsidiaries	(61,314		)	—		532			(428		)	(61,210		)
	(57,914		)	—		532			(428		)	(57,810		)
INCOME (LOSS) BEFORE INCOME TAXES	72,754			104		(532		)	428			72,754
INCOME TAX EXPENSE	28,195			—		—			—			28,195
NET INCOME (LOSS)	$	44,559		$	104	$	(532	)	$	428		$	44,559

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Three Months Ended March 31, 2012
	Parent			Guarantors		Non-Guarantor			Eliminations			Consolidated
Total revenues	$	65,165		$	296	$	—		$	—		$	65,461
Costs and expenses:
Lease operating expenses	5,645			204		—			—			5,849
Production taxes	7,747			22		—			—			7,769
Depreciation, depletion, and amortization	21,395			—		—			—			21,395
General and administrative	2,964			20		25			—			3,009
Accretion expense	176			—		—			—			176
	37,927			246		25			—			38,198
INCOME (LOSS) FROM OPERATIONS	27,238			50		(25		)	—			27,263
OTHER (INCOME) EXPENSE:
Interest expense	153			—		—			—			153
Interest income	(27		)	—		—			—			(27		)
(Income) loss from equity method investments	243			—		278			(253		)	268
	369			—		278			(253		)	394
INCOME (LOSS) BEFORE INCOME TAXES	26,869			50		(303		)	253			26,869
INCOME TAX EXPENSE	—			—		—			—			—
NET INCOME (LOSS)	$	26,869		$	50	$	(303	)	$	253		$	26,869

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(Amounts rounded to nearest thousand)

	Year Ended December 31, 2012
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Total revenues	$	247,637,000		$	1,289,000		$	—		$	—		$	248,926,000
Costs and expenses:
Lease operating expenses	23,644,000			664,000			—			—			24,308,000
Production taxes	29,306,000			94,000			—			—			29,400,000
Depreciation, depletion, and amortization	90,749,000			—			—			—			90,749,000
General and administrative	13,602,000			132,000			74,000			—			13,808,000
Accretion expense	698,000			—			—			—			698,000
Gain on sale of asset	(7,300,000		)	—			—			—			(7,300,000		)
	150,699,000			890,000			74,000			—			151,663,000
INCOME (LOSS) FROM OPERATIONS	96,938,000			399,000			(74,000		)	—			97,263,000
OTHER (INCOME) EXPENSE:
Interest expense	7,458,000			—			—			—			7,458,000
Interest income	(72,000		)	—			—			—			(72,000		)
(Income) loss from equity method investments and subsidiaries	(5,182,000		)	—			1,512,000			(4,652,000		)	(8,322,000		)
	2,204,000			—			1,512,000			(4,652,000		)	(936,000		)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	94,734,000			399,000			(1,586,000		)	4,652,000			98,199,000
INCOME TAX EXPENSE	26,363,000			—			—			—			26,363,000
INCOME (LOSS) FROM CONTINUING OPERATIONS	68,371,000			399,000			(1,586,000		)	4,652,000			71,836,000
DISCONTINUED OPERATIONS	—			3,465,000			—			—			3,465,000
NET INCOME (LOSS)	$	68,371,000		$	(3,066,000	)	$	(1,586,000	)	$	4,652,000		$	68,371,000

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(Amounts rounded to nearest thousand)

	Year Ended December 31, 2011
	Parent			Guarantors		Non-Guarantor			Eliminations			Consolidated
Total revenues	$	228,281,000		$	973,000	$	—		$	—		$	229,254,000
Costs and expenses:
Lease operating expenses	20,168,000			729,000		—			—			20,897,000
Production taxes	26,266,000			67,000		—			—			26,333,000
Depreciation, depletion, and amortization	62,320,000			—		—			—			62,320,000
General and administrative	8,038,000			11,000		25,000			—			8,074,000
Accretion expense	666,000			—		—			—			666,000
	117,458,000			807,000		25,000			—			118,290,000
INCOME (LOSS) FROM OPERATIONS	110,823,000			166,000		(25,000		)	—			110,964,000
OTHER (INCOME) EXPENSE:
Interest expense	1,400,000			—		—			—			1,400,000
Interest income	(39,000		)	—		(147,000		)	—			(186,000		)
(Income) loss from equity method investments and subsidiaries	1,130,000			—		1,592,000			(1,304,000		)	1,418,000
	2,491,000			—		1,445,000			(1,304,000		)	2,632,000
INCOME (LOSS) BEFORE INCOME TAXES	108,332,000			166,000		(1,470,000		)	1,304,000			108,332,000
INCOME TAX BENEFIT	(90,000		)	—		—			—			(90,000		)
NET INCOME (LOSS)	$	108,422,000		$	166,000	$	(1,470,000	)	$	1,304,000		$	108,422,000

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(Amounts rounded to nearest thousand)

	Year Ended December 31, 2010
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Total revenues	$	127,380,000		$	541,000		$	—		$	—		$	127,921,000
Costs and expenses:
Lease operating expenses	17,043,000			571,000			—			—			17,614,000
Production taxes	13,929,000			37,000			—			—			13,966,000
Depreciation, depletion, and amortization	38,902,000			5,000			—			—			38,907,000
General and administrative	6,037,000			24,000			2,000			—			6,063,000
Accretion expense	617,000			—			—			—			617,000
	76,528,000			637,000			2,000			—			77,167,000
INCOME (LOSS) FROM OPERATIONS	50,852,000			(96,000		)	(2,000		)	—			50,754,000
OTHER (INCOME) EXPENSE:
Interest expense	2,761,000			—			—			—			2,761,000
Interest income	(120,000		)	—			(267,000		)	—			(387,000		)
Loss from equity method investments and subsidiaries	808,000			—			740,000			(571,000		)	977,000
	3,449,000			—			473,000			(571,000		)	3,351,000
INCOME (LOSS) BEFORE INCOME TAXES	47,403,000			(96,000		)	(475,000		)	571,000			47,403,000
INCOME TAX EXPENSE	40,000			—			—			—			40,000
NET INCOME (LOSS)	$	47,363,000		$	(96,000	)	$	(475,000	)	$	571,000		$	47,363,000

Condensed Consolidating Statements of Comprehensive Income

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Amounts in thousands)

	Three Months Ended March 31, 2013
	Parent			Guarantors		Non-Guarantor			Eliminations		Consolidated
Net income (loss)	$	44,559		$	104	$	(532	)	$	428	$	44,559
Foreign currency translation adjustment	(3,567		)	—		(3,567		)	3,567		(3,567		)
Change in fair value of derivative instruments, net of taxes	(1,430		)	—		—			—		(1,430		)
Reclassification of settled contracts, net of taxes	1,797			—		—			—		1,797
Other comprehensive income (loss)	(3,200		)	—		(3,567		)	3,567		(3,200		)
Comprehensive income (loss)	$	41,359		$	104	$	(4,099	)	$	3,995	$	41,359

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

(Amounts in thousands)

	Three Months Ended March 31, 2012
	Parent			Guarantors		Non-Guarantor			Eliminations			Consolidated
Net income (loss)	$	26,869		$	50	$	(303	)	$	253		$	26,869
Foreign currency translation adjustment	939			—		939			(939		)	939
Change in fair value of derivative instruments, net of taxes	(10,621		)	—		—			—			(10,621		)
Reclassification of settled contracts, net of taxes	(100		)	—		—			—			(100		)
Other comprehensive income (loss)	(9,782		)	—		939			(939		)	(9,782		)
Comprehensive income	$	17,087		$	50	$	636		$	(686	)	$	17,087

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Amounts rounded to nearest thousand)

	Year Ended December 31, 2012
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Net income (loss)	$	68,371,000		$	(3,066,000	)	$	(1,586,000	)	$	4,652,000		$	68,371,000
Foreign currency translation adjustment	1,355,000			—			1,355,000			(1,355,000		)	1,355,000
Change in fair value of derivative instruments, net of taxes	(8,452,000		)	—			—			—			(8,452,000		)
Reclassification of settled contracts, net of taxes	1,005,000			—			—			—			1,005,000
Other comprehensive income (loss)	(6,092,000		)	—			1,355,000			(1,355,000		)	(6,092,000		)
Comprehensive income (loss)	$	62,279,000		$	(3,066,000	)	$	(231,000	)	$	3,297,000		$	62,279,000

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Amounts rounded to nearest thousand)

	Year Ended December 31, 2011
	Parent			Guarantors		Non-Guarantor			Eliminations		Consolidated
Net income (loss)	$	108,422,000		$	166,000	$	(1,470,000	)	$	1,304,000	$	108,422,000
Foreign currency translation adjustment	(1,865,000		)	—		(1,865,000		)	1,865,000		(1,865,000		)
Change in fair value of derivative instruments, net of taxes	1,576,000			—		—			—		1,576,000
Reclassification of settled contracts, net of taxes	4,720,000			—		—			—		4,720,000
Other comprehensive income (loss)	4,431,000			—		(1,865,000		)	1,865,000		4,431,000
Comprehensive income (loss)	$	112,853,000		$	166,000	$	(3,335,000	)	$	3,169,000	$	112,853,000

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Amounts rounded to nearest thousand)

	Year Ended December 31, 2010
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Net income (loss)	$	47,363,000		$	(96,000	)	$	(475,000	)	$	571,000		$	47,363,000
Foreign currency translation adjustment	2,255,000			—			2,255,000			(2,255,000		)	2,255,000
Change in fair value of derivative instruments, net of taxes	(4,720,000		)	—			—			—			(4,720,000		)
Reclassification of settled contracts, net of taxes	18,736,000			—			—			—			18,736,000
Other comprehensive income	16,271,000			—			2,255,000			(2,255,000		)	16,271,000
Comprehensive income (loss)	$	63,634,000		$	(96,000	)	$	1,780,000		$	(1,684,000	)	$	63,634,000

Condensed Consolidating Statements of Cash Flow

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

(Amounts in thousands)

	Three Months Ended March 31, 2013
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	35,682		$	(675	)	$	—		$	—		$	35,007
Net cash provided by (used in) investing activities	(332,807		)	(410		)	(7,529		)	7,530			(333,216		)
Net cash provided by (used in) financing activities	357,101			—			7,530			(7,530		)	357,101
Net increase (decrease) in cash and cash equivalents	59,976			(1,085		)	1			—			58,892
Cash and cash equivalents at beginning of period	165,293			1,795			—			—			167,088
Cash and cash equivalents at end of period	$	225,269		$	710		$	1		$	—		$	225,980

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

(Amounts in thousands)

	Three Months Ended March 31, 2012
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Net cash provided by operating activities	$	69,101		$	328		$	—		$	—		$	69,429
Net cash provided by (used in) investing activities	(160,344		)	(55		)	(67,063		)	67,063			(160,399		)
Net cash provided by (used in) financing activities	9,966			—			67,063			(67,063		)	9,966
Net increase (decrease) in cash and cash equivalents	(81,277		)	273			—			—			(81,004		)
Cash and cash equivalents at beginning of period	93,124			772			1			—			93,897
Cash and cash equivalents at end of period	$	11,847		$	1,045		$	1		$	—		$	12,893

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

(Amounts rounded to nearest thousand)

	Year Ended December 31, 2012
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	195,734,000		$	3,425,000		$	(1,000	)	$	—		$	199,158,000
Net cash provided by (used) in investing activities	(838,177,000		)	(2,402,000		)	(103,915,000		)	103,915,000			(840,579,000		)
Net cash provided by (used in) financing activities	714,612,000			—			103,915,000			(103,915,000		)	714,612,000
Net increase (decrease) in cash and cash equivalents	72,169,000			1,023,000			(1,000		)	—			73,191,000
Cash and cash equivalents at beginning of period	93,124,000			772,000			1,000			—			93,897,000
Cash and cash equivalents at end of period	$	165,293,000		$	1,795,000		$	—		$	—		$	167,088,000

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

(Amounts rounded to nearest thousand)

	Year Ended December 31, 2011
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Net cash provided by operating activities	$	154,329,000		$	3,808,000		$	1,000		$	—		$	158,138,000
Net cash provided by (used in) investing activities	(320,203,000		)	(3,045,000		)	(25,858,000		)	25,858,000			(323,248,000		)
Net cash provided by (used in) financing activities	256,539,000			—			25,858,000			(25,858,000		)	256,539,000
Net increase in cash and cash equivalents	90,665,000			763,000			1,000			—			91,429,000
Cash and cash equivalents at beginning of period	2,459,000			9,000			—			—			2,468,000
Cash and cash equivalents at end of period	$	93,124,000		$	772,000		$	1,000		$	—		$	93,897,000

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

(Amounts rounded to nearest thousand)

	Year Ended December 31, 2010
	Parent			Guarantors			Non-Guarantor			Eliminations			Consolidated
Net cash provided by (used in) operating activities	$	81,651,000		$	4,184,000		$	—		$	—		$	85,835,000
Net cash provided by (used in) investing activities	(101,042,000		)	(4,273,000		)	(3,719,000		)	3,719,000			(105,315,000		)
Net cash provided by (used in) financing activities	20,224,000			—			3,719,000			(3,719,000		)	20,224,000
Net increase (decrease) in cash and cash equivalents	833,000			(89,000		)	—			—			744,000
Cash and cash equivalents at beginning of period	1,626,000			98,000			—			—			1,724,000
Cash and cash equivalents at end of period	$	2,459,000		$	9,000		$	—		$	—		$	2,468,000