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Subsequent Events | 3 Months Ended
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Sep. 30, 2022
Subsequent Events |
Subsequent Events | Note 15. Subsequent Events ​ Senior Secured Credit Facility ​ On October 1, 2022, the Company was notified by MidFirst Bank that the borrowing base remained at $50.0 million and the Margined Collateral Value, as defined in the Ninth Amendment to the Senior Secured Credit Facility, was set as $130.0 million. ​ Appointment of Chief Executive Officer ​ On October 27, 2022, the Company announced that the Board of Directors selected Kelly W. Loyd as President and Chief Executive Officer (“CEO”). Mr. Loyd had been serving as Interim CEO since June 2022 and has served as a member of the Board of Directors since 2008. Upon commencing employment, Mr. Loyd will no longer receive compensation for his services as a member of the Board of Directors. ​ Dividend Declaration ​ On November 7, 2022, the Company declared a quarterly cash dividend of $0.120 per share of common stock to shareholders of record on December 15, 2022 and payable on December 30, 2022. ​

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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