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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Oil sales $ 2,258 $ 8,682 $ 7,489 $ 24,205
Gas sales 281 870 881 2,223
NGL sales 83 376 216 884
Total Revenues 2,622 9,928 8,586 27,312
Operating expenses:        
Oil and gas 1,565 3,028 5,438 7,586
Oil and gas depreciation, depletion and amortization 2,176 4,621 7,105 11,498
Impairment of oil and gas properties 21,446 0 43,894 0
Water treatment plant 470 491 1,383 1,400
Mineral holding costs 365 439 912 944
General and administrative 1,824 2,030 4,524 5,169
Total operating expenses 27,846 10,609 63,256 26,597
(Loss) income from operations (25,224) (681) (54,670) 715
Other income and (expenses):        
Realized gain (loss) on risk management activities 33 (84) (106) (616)
Unrealized gain on risk management activities 1,337 780 1,002 369
Gain on the sale of assets 41 0 57 28
Miscellaneous income (expense) 163 (10) 211 58
Interest income 66 1 68 3
Interest expense (67) (69) (196) (314)
Total other income and (expenses) 1,573 618 1,036 (472)
(Loss) income before income taxes (23,651) (63) (53,634) 243
Income taxes:        
Current (provision for) 0 0 0 0
Deferred benefit from 0 0 0 0
Total income taxes 0 0 0 0
Net (loss) income $ (23,651) $ (63) $ (53,634) $ 243
(Loss) income per share basic and diluted (in dollars per share) $ (0.84) $ 0 $ (1.91) $ 0.01
Weighted average shares outstanding        
Basic (in shares) 28,051,066 27,899,505 28,048,808 27,808,231
Diluted (in shares) 28,051,066 27,899,505 28,048,808 28,200,388