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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 18,964 $ 12,013
Adjustments to reconcile net income to net cash provided by operating activities:    
Accretion of discount on available-for-sale debt securities (32) (30)
Amortization of deferred offering costs 113 106
Depreciation, depletion and amortization 20,889 23,381
Change in fair value of derivative financial instruments (617) (2,156)
Stock option expense 1,069 945
Deferred tax (benefit) expense (14) 39
Change in assets and liabilities:    
Decrease (increase) in accounts receivable-trade 6,767 (1,489)
Increase in other assets (510) (869)
(Decrease) increase in accounts payable and accruals (7,018) 1,666
Decrease in other long-term liabilities (260) (1,194)
Net cash provided by operating activities 39,351 32,412
Cash flows from investing activities:    
Purchase, exploration and development of oil and gas properties (35,312) (22,113)
Purchase of property and equipment (982) (1,766)
Net cash used in investing activities (36,294) (23,879)
Cash flows from financing activities:    
Proceeds from line of credit 14,500  
Payments on debt and debentures (27,525) (10,017)
Proceeds from the exercise of stock options 102 361
Net cash used in financing activities (12,923) (9,656)
Net decrease in cash and cash equivalents (9,866) (1,123)
Cash and cash equivalents at beginning of period 11,620 8,475
Cash and cash equivalents at end of period 1,754 7,352
Supplemental disclosure of cash flow information    
Cash paid for interest, net of amounts capitalized 1,335 1,347
Noncash investing and financing activities    
Accrued preferred stock dividend $ 5 $ 5