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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2020 | Mar. 31, 2019
Financial Designation, Predecessor and Successor [Fixed List] | Successor | Predecessor
Oil, natural gas and natural gas liquids sales: |  |
Total oil, natural gas and natural gas liquids sales | $ 47,024 | $ 51,923
Other | 375 | (7)
Total operating revenues | 47,399 | 51,916
Production: |  |
Lease operating | 12,489 | 14,186
Workover and other | 1,323 | 2,646
Taxes other than income | 2,915 | 2,893
Gathering and other | 10,547 | 14,869
Restructuring | 418 | 11,271
General and administrative | 3,856 | 4,608
Depletion, depreciation and accretion | 18,030 | 29,975
Full cost ceiling impairment |  | 275,239
(Gain) loss on sale of Water Assets |  | 885
Total operating expenses | 49,578 | 356,572
Income (loss) from operations | (2,179) | (304,656)
Other income (expenses): |  |
Net gain (loss) on derivative contracts | 118,299 | (64,799)
Interest expense and other | (1,629) | (12,589)
Total other income (expenses) | 116,670 | (77,388)
Income (loss) before income taxes | 114,491 | (382,044)
Income tax benefit (provision) |  | 45,485
Net income (loss) | $ 114,491 | $ (336,559)
Net income (loss) per share of common stock: |  |
Basic (in dollars per share) | $ 7.07 | $ (2.12)
Diluted (in dollars per share) | $ 7.07 | $ (2.12)
Weighted average common shares outstanding: |  |
Basic (in shares) | 16,204 | 158,549
Diluted (in shares) | 16,204 | 158,549
Total oil, natural gas and natural gas liquids sales |  |
Oil, natural gas and natural gas liquids sales: |  |
Total oil, natural gas and natural gas liquids sales | $ 47,024 | $ 51,923
Oil |  |
Oil, natural gas and natural gas liquids sales: |  |
Total oil, natural gas and natural gas liquids sales | 41,917 | 45,517
Natural gas |  |
Oil, natural gas and natural gas liquids sales: |  |
Total oil, natural gas and natural gas liquids sales | 354 | 1,461
Natural gas liquids |  |
Oil, natural gas and natural gas liquids sales: |  |
Total oil, natural gas and natural gas liquids sales | $ 4,753 | $ 4,945

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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1448-109256 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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