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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 45,102 $ 53,435 $ 143,717 $ 171,593
Other 164 671 523 1,927
Total operating revenues 45,266 54,106 144,240 173,520
Production:        
Lease operating 11,602 11,152 34,193 34,208
Workover and other 1,249 700 3,088 4,669
Taxes other than income 2,532 3,307 8,872 9,677
Gathering and other 12,442 15,512 41,854 48,857
General and administrative 3,854 3,192 11,265 13,572
Depletion, depreciation and accretion 12,533 13,426 38,771 44,287
Total operating expenses 44,212 47,289 138,043 155,270
Income from operations 1,054 6,817 6,197 18,250
Other income (expenses):        
Net gain (loss) on derivative contracts 26,896 (53,687) 3,932 (29,741)
Interest expense and other (6,322) (6,929) (19,809) (24,245)
Total other (expenses) income 20,574 (60,616) (15,877) (53,986)
Income (loss) before income taxes 21,628 (53,799) (9,680) (35,736)
Income tax benefit (provision) 0 0 0 0
Net income (loss) 21,628 (53,799) (9,680) (35,736)
Preferred dividends (9,321) (3,863) (23,539) (6,352)
Undistributed earnings allocable to preferred stockholders (6,732)      
Net income (loss) available to common stockholders $ 5,575 $ (57,662) $ (33,219) $ (42,088)
Net income (loss) per share of common stock available to common stockholders:        
Basic (in dollars per share) $ 0.34 $ (3.50) $ (2.02) $ (2.56)
Diluted (in dollars per share) $ 0.34 $ (3.50) $ (2.02) $ (2.56)
Weighted average common shares outstanding:        
Basic (in shares) 16,457 16,457 16,457 16,436
Diluted (in shares) 16,523 16,457 16,457 16,436
Oil        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 42,545 $ 43,689 $ 130,673 $ 144,072
Natural gas        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales (2,588) 3,668 (2,660) 8,628
Natural gas liquids        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 5,145 $ 6,078 $ 15,704 $ 18,893