10-Q Filing

EVOLUTION PETROLEUM CORP CIK: 1006655 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001006655-16-000146`
Period End Date	20160930
Filing Date	20161109
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	epm-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 47 Cash Flow Statement 73 Stockholders Equity 17

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.32M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$2.64M	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$2.52M	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$105.32K	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	-	USD	Point-in-time
Preferred stock, liquidation preference (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, liquidation preference (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Derivative assets, net	`DerivativeAssetsCurrent`	$14.13K	USD	Point-in-time
Derivative assets, net	`DerivativeAssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$273.11K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$251.75K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$37.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$31.03M	USD	Point-in-time
Oil and natural gas property and equipment, net (full-cost method of accounting)	`OilAndGasPropertyFullCostMethodNet`	$61.45M	USD	Point-in-time
Oil and natural gas property and equipment, net (full-cost method of accounting)	`OilAndGasPropertyFullCostMethodNet`	$59.97M	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentOtherNet`	$50.59K	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentOtherNet`	$28.65K	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentNet`	$61.50M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentNet`	$60.00M	USD	Point-in-time
Other assets	`DeferredCostsAndOtherAssets`	$348.01K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other assets	`DeferredCostsAndOtherAssets`	$365.49K	USD	Point-in-time
Total assets	`Assets`	$97.45M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total assets	`Assets`	$92.88M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares outstanding	`SharesOutstanding`	32.91M	shares	Point-in-time
Common stock, shares outstanding	`SharesOutstanding`	33.05M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.05M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.91M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.51M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.81M	USD	Point-in-time
Preferred shares called for redemption	`PreferredStockRedemptionAmount`	$7.93M	USD	Point-in-time
Preferred shares called for redemption	`PreferredStockRedemptionAmount`	-	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesCurrent`	$2.10M	USD	Point-in-time
Accrued liabilities and other	`AccruedLiabilitiesCurrent`	$839.31K	USD	Point-in-time
State and federal income taxes payable	`TaxesPayableCurrent`	$621.85K	USD	Point-in-time
State and federal income taxes payable	`TaxesPayableCurrent`	$97.08K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.38M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$11.84M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$12.44M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$772.17K	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$760.30K	USD	Point-in-time
Total liabilities	`Liabilities`	$24.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$21.13M	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.001; 5,000,000 shares authorized:8.5% Series A Cumulative Preferred Stock, 1,000,000 shares designated, 317,319 shares issued and outstanding at September 30, 2016 and June 30, 2016; with a liquidation preference of $7,932,975; called for redemption at September 30, 2016 (Note 8)	`PreferredStockValue`	$317.00	USD	Point-in-time
Preferred stock, par value $0.001; 5,000,000 shares authorized:8.5% Series A Cumulative Preferred Stock, 1,000,000 shares designated, 317,319 shares issued and outstanding at September 30, 2016 and June 30, 2016; with a liquidation preference of $7,932,975; called for redemption at September 30, 2016 (Note 8)	`PreferredStockValue`	-	USD	Point-in-time
Common stock; par value $0.001; 100,000,000 shares authorized: issued and outstanding 33,045,515 shares and 32,907,863 as of September 30, 2016 and June 30, 2016, respectively	`CommonStockValue`	$32.91K	USD	Point-in-time
Common stock; par value $0.001; 100,000,000 shares authorized: issued and outstanding 33,045,515 shares and 32,907,863 as of September 30, 2016 and June 30, 2016, respectively	`CommonStockValue`	$33.05K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$40.22M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$47.17M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$29.12M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$28.03M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$76.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$68.28M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$97.45M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$92.88M	USD	Point-in-time

Income Statement 47 line items

Line Item	Tag	Value	Unit	Period
Stock-based compensation expense	`ShareBasedCompensation`	$311.69K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$218.12K	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$7.59M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$7.38M	USD	1 Quarter
Production costs	`ExplorationAndProductionCosts`	$2.61M	USD	1 Quarter
Production costs	`ExplorationAndProductionCosts`	$2.34M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$1.27M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$1.22M	USD	1 Quarter
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$13.22K	USD	1 Quarter
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$11.34K	USD	1 Quarter
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$49.05K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.24M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.68M	USD	1 Quarter
Total operating costs	`OperatingExpenses`	$5.53M	USD	1 Quarter
Total operating costs	`OperatingExpenses`	$4.87M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.85M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.73M	USD	1 Quarter
Gain on realized derivative instruments, net	`GainLossonSettledDerivativeInstrumentsNetPretax`	$866.43K	USD	1 Quarter
Gain on realized derivative instruments, net	`GainLossonSettledDerivativeInstrumentsNetPretax`	$90.00	USD	1 Quarter
Gain (loss) on unrealized derivative instruments, net	`GainLossonUnsettledDerivativeInstrumentsNetPretax`	$1.07M	USD	1 Quarter
Gain (loss) on unrealized derivative instruments, net	`GainLossonUnsettledDerivativeInstrumentsNetPretax`	$-14.13K	USD	1 Quarter
Delhi field insurance recovery related to pre-reversion event	`InsuranceRecoveriesRecoveryRelatedtoPreReversionEvent`	-	USD	1 Quarter
Delhi field insurance recovery related to pre-reversion event	`InsuranceRecoveriesRecoveryRelatedtoPreReversionEvent`	$1.07M	USD	1 Quarter
Interest and other income	`InvestmentIncomeInterestandOther`	$5.81K	USD	1 Quarter
Interest and other income	`InvestmentIncomeInterestandOther`	$12.74K	USD	1 Quarter
Interest expense	`InterestExpense`	$18.46K	USD	1 Quarter
Interest expense	`InterestExpense`	$20.34K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.71M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.85M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.75M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$889.18K	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$1.82M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$3.09M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$250.99K	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$168.57K	USD	1 Quarter
Deemed dividend on preferred shares called for redemption	`RedeemablePreferredStockDividends`	-	USD	1 Quarter
Deemed dividend on preferred shares called for redemption	`RedeemablePreferredStockDividends`	$1.00M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$563.35K	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.92M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.72M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.96M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.01M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.77M	shares	1 Quarter

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to the Company	`NetIncomeLoss`	$1.82M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$3.09M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortizationCashFlowsImpact`	$1.29M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortizationCashFlowsImpact`	$1.23M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$311.69K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$218.12K	USD	1 Quarter
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$13.22K	USD	1 Quarter
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$11.34K	USD	1 Quarter
Accretion of discount on asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$49.05K	USD	Annual
Settlements of asset retirement obligations	`AssetRetirementObligationCashPaidToSettle`	$15.90K	USD	1 Quarter
Settlements of asset retirement obligations	`AssetRetirementObligationCashPaidToSettle`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$708.67K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-12.57K	USD	1 Quarter
(Gain) loss on derivative instruments, net	`GainLossOnDerivativeInstrumentsNetPretax`	$1.94M	USD	1 Quarter
(Gain) loss on derivative instruments, net	`GainLossOnDerivativeInstrumentsNetPretax`	$-14.04K	USD	1 Quarter
Write-off of deferred loan costs	`WriteOffOfDeferredDebtIssuanceCost`	-	USD	1 Quarter
Write-off of deferred loan costs	`WriteOffOfDeferredDebtIssuanceCost`	$50.41K	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$-119.81K	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$-757.62K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-47.81K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$21.36K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.24M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.56M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$343.70K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-524.77K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.47M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.24M	USD	1 Quarter
Derivative settlement payments (paid) received	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-551.77K	USD	1 Quarter
Derivative settlement payments (paid) received	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$318.71K	USD	1 Quarter
Capital expenditures for oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$4.82M	USD	1 Quarter
Capital expenditures for oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$6.57M	USD	1 Quarter
Capital expenditures for other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	1 Quarter
Capital expenditures for other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$26.35K	USD	1 Quarter
Other assets	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$23.80K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-5.16M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-6.04M	USD	1 Quarter
Cash dividends to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$168.57K	USD	1 Quarter
Cash dividends to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$168.57K	USD	1 Quarter
Cash dividends to common stockholders	`PaymentsOfDividendsCommonStock`	$1.65M	USD	1 Quarter
Cash dividends to common stockholders	`PaymentsOfDividendsCommonStock`	$1.63M	USD	1 Quarter
Common share repurchases, including shares surrendered for tax withholding	`PaymentsForRepurchaseOfCommonStock`	$1.18M	USD	1 Quarter
Common share repurchases, including shares surrendered for tax withholding	`PaymentsForRepurchaseOfCommonStock`	$330.07K	USD	1 Quarter
Tax benefits related to stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.98M	USD	1 Quarter
Tax benefits related to stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.28K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Net cash (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.36K	USD	1 Quarter
Net cash (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.15M	USD	1 Quarter
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-5.84M	USD	1 Quarter
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-3.80M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$34.08M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.12M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.24M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.32M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$34.08M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.12M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.24M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.32M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$787.37K	USD	1 Quarter
Louisiana carryback income tax refund and related interest received	`ProceedsFromIncomeTaxRefunds`	-	USD	1 Quarter
Louisiana carryback income tax refund and related interest received	`ProceedsFromIncomeTaxRefunds`	$1.56M	USD	1 Quarter
Change in accounts payable used to acquire property and equipment	`IncreaseDecreaseinAccountsPayableUsedtoAcquirePropertyandEquipment`	$-2.03M	USD	1 Quarter
Change in accounts payable used to acquire property and equipment	`IncreaseDecreaseinAccountsPayableUsedtoAcquirePropertyandEquipment`	$-4.07M	USD	1 Quarter
Accrued redemption of called preferred shares	`AccruedRedemptionofCalledPreferredStock`	$7.93M	USD	1 Quarter
Accrued redemption of called preferred shares	`AccruedRedemptionofCalledPreferredStock`	-	USD	1 Quarter
Accrued preferred dividends through redemption date	`AccruedPreferredDividendsThroughRedemptionDate`	-	USD	1 Quarter
Accrued preferred dividends through redemption date	`AccruedPreferredDividendsThroughRedemptionDate`	$82.42K	USD	1 Quarter
Deferred loan costs charged to oil and gas property costs	`DeferredLoanCostsReclassifiedtoOilandGasPropertyCost`	$108.47K	USD	1 Quarter
Deferred loan costs charged to oil and gas property costs	`DeferredLoanCostsReclassifiedtoOilandGasPropertyCost`	-	USD	1 Quarter
Settlement of accrued treasury stock purchases	`NonCashTransactionAccruedPurchasesofTreasuryStock`	-	USD	1 Quarter
Settlement of accrued treasury stock purchases	`NonCashTransactionAccruedPurchasesofTreasuryStock`	$-170.28K	USD	1 Quarter

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$76.32M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$68.28M	USD	Point-in-time
Balance (in shares), beginning	`SharesOutstanding`	32.91M	shares	Point-in-time
Balance (in shares), beginning	`SharesOutstanding`	33.05M	shares	Point-in-time
Issuance of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Common share repurchases, including shares surrendered for tax withholding	`StockRepurchasedDuringPeriodValue`	$330.07K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$311.69K	USD	1 Quarter
Accrued redemption of preferred shares	`StockRedeemedOrCalledDuringPeriodValue`	$7.93M	USD	1 Quarter
Accrued dividends on preferred stock through redemption date	`StockholdersEquityAccruedDividendsOnPreferredStockThroughRedemptionDate`	$82.42K	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$1.82M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$3.09M	USD	1 Quarter
Common stock cash dividends	`DividendsCommonStock`	$1.65M	USD	1 Quarter
Preferred stock cash dividends	`DividendsPreferredStock`	$168.57K	USD	1 Quarter
Balance (in shares), ending	`SharesOutstanding`	32.91M	shares	Point-in-time
Balance (in shares), ending	`SharesOutstanding`	33.05M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$76.32M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$68.28M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.