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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 1,834 $ 11,620
Accounts receivable - trade 13,460 21,874
Restricted investments in U.S. Treasury Bonds-available for sale, at fair value 135 131
Other current assets 4,086 1,859
Total current assets 19,515 35,484
Other Assets    
Oil and gas properties-at cost, based on full cost method of accounting, net of accumulated depreciation, depletion and amortization (includes unproved properties excluded from amortization of $17,630 and $18,015 as of March 31, 2014 and December 31, 2013) 332,242 335,354
Property and equipment-at cost, net 18,714 18,772
Restricted investments in U.S. Treasury Bonds-available for sale, at fair value 1,214 1,183
Other assets 3,914 3,969
Derivative financial instruments 88 43
Total other assets 356,172 359,321
Total assets 375,687 394,805
Current Liabilities    
Current maturities of debentures and other long-term liabilities 2,144 1,936
Accounts payable and accruals 25,512 39,174
Derivative financial instruments 2,755 3,517
Total current liabilities 30,411 44,627
Long-Term Liabilities    
Debentures, less current portion 1,472 1,472
Other long-term liabilities, less current portion 28,389 28,113
Line of credit 80,500 94,500
Total noncurrent liabilities 110,361 124,085
Commitments and Contingencies      
Stockholders' Equity    
8% convertible preferred stock, par value $.0001; authorized 10,000,000 shares, issued and outstanding, 10,703 shares in 2014 and 2013 (aggregate liquidation preference $128 in 2014 and 2013) 128 128
Common stock - $.0001 par value; authorized, 100,000,000 shares; issued 73,550,539 shares in 2014 and 72,887,650 shares in 2013 7 7
Additional paid-in-capital 471,041 470,441
Accumulated deficit (236,462) (244,673)
Accumulated other comprehensive income, net of applicable income taxes of $132 in 2014 and $124 in 2013 201 190
Total stockholders' equity 234,915 226,093
Total liabilities and stockholders' equity $ 375,687 $ 394,805