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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Oil and gas sales $ 107,820 $ 90,329 $ 202,840 $ 194,101
Gain on sale of oil and gas properties 81 20,338 81 27,065
Total revenues 107,901 110,667 202,921 221,166
Operating expenses:        
Production taxes 3,883 2,861 6,004 6,108
Gathering and transportation 4,354 7,106 8,556 14,821
Lease operating 12,962 12,193 26,168 25,651
Exploration 9,754 37 12,347 1,390
Depreciation, depletion and amortization 85,244 85,675 170,211 162,986
General and administrative, net 9,056 9,033 17,843 17,831
Impairment of oil and gas properties 652 5,301 652 5,350
Total operating expenses 125,905 122,206 241,781 234,137
Operating loss (18,004) (11,539) (38,860) (12,971)
Other income (expenses):        
Gain on sale of marketable securities     7,877 26,621
Realized gain from derivatives 2,881 2,719 5,201 1,365
Unrealized gain (loss) from derivatives 640 34,797 (8,127) 24,610
Interest and other income 196 283 441 522
Interest expense (19,240) (13,351) (36,818) (25,654)
Total other income (expenses) (15,523) 24,448 (31,426) 27,464
Income (loss) before income taxes (33,527) 12,909 (70,286) 14,493
Benefit from income taxes 11,996 3,801 24,238 3,634
Income (loss) from continuing operations (21,531) 16,710 (46,048) 18,127
Income (loss) from discontinued operations, net of income taxes 151,236 (9,545) 148,609 (9,587)
Net income $ 129,705 $ 7,165 $ 102,561 $ 8,540
Net income (loss) per share:        
Income (loss) from continuing operations, Basic $ (0.45) $ 0.35 $ (0.95) $ 0.38
Income (loss) from discontinued operations, Basic $ 3.13 $ (0.20) $ 3.07 $ (0.20)
Net income, Basic $ 2.68 $ 0.15 $ 2.12 $ 0.18
Income (loss) from continuing operations, Diluted $ (0.45) $ 0.35 $ (0.95) $ 0.38
Income (loss) from discontinued operations, Diluted $ 3.13 $ (0.20) $ 3.07 $ (0.20)
Net income, Diluted $ 2.68 $ 0.15 $ 2.12 $ 0.18
Dividends per common share $ 0.125   $ 0.125  
Weighted average shares outstanding:        
Basic 46,754 46,426 46,742 46,399
Diluted 46,754 46,426 46,742 46,399