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Exit and Disposal Costs Exit and Disposal Costs | 9 Months Ended
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Sep. 30, 2016
Restructuring and Related Activities [Abstract] |
Restructuring and Related Activities Disclosure [Text Block] | Note 12 - Exit and Disposal Costs In the third quarter of 2016, the Company conducted a company-wide reduction in workforce and announced plans to close the Company’s Billings, Montana regional office and relocate certain employees to the Company’s corporate office in Denver, Colorado or other Company offices. This decision was made in an effort to reduce future costs and better position the Company for efficient growth in response to prolonged commodity price weakness. The Company expects to incur approximately $8 million of exit and disposal costs related to termination benefits, relocation of certain employees, and other related matters, excluding lease expenses discussed in the next paragraph, all of which will be included in general and administrative expense in the accompanying statements of operations. The majority of these costs are expected to be recorded in 2016 with the remaining costs recorded in early 2017. The Company incurred $2.9 million of exit and disposal costs during the three months ended September 30, 2016. Additionally, during the third quarter of 2016, the Company announced plans to vacate its office space in Billings, Montana effective November 1, 2016. As of September 30, 2016, the Company was obligated to pay lease costs of approximately $6.5 million over the remaining lease term. Subsequent to September 30, 2016, the Company and its lessor executed an agreement to terminate this lease effective November 11, 2016, and pay a fee of $3.2 million in lieu of the $6.5 million in lease costs. In conjunction with its Mid-Continent divestitures in 2015, the Company closed its Tulsa, Oklahoma office and incurred $1.0 million and $9.5 million of exit and disposal costs included in general and administrative expense in the accompanying statements of operations for the three and nine months ended September 30, 2015, respectively. The remaining exit and disposal costs were incurred in the fourth quarter of 2015, with the exception of lease expenses discussed in the next paragraph. Additionally, the Company vacated its office space in Tulsa during the third quarter of 2015 and subsequently subleased its space. As of September 30, 2016, the Company is obligated to pay lease costs of approximately $3.8 million, net of expected income from office space subleased, which will be expensed over the remaining duration of the lease, which expires in 2022.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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