10-Q Filing

EVOLUTION PETROLEUM CORP CIK: 1006655 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-035903`
Period End Date	20120331
Filing Date	20120510
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	epm-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 88 Cash Flow Statement 75

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas properties, excluded from amortization (in dollars)	`OilAndNaturalGasPropertiesExcludedFromAmortization`	$695.54K	USD	Point-in-time
Oil and natural gas properties, excluded from amortization (in dollars)	`OilAndNaturalGasPropertiesExcludedFromAmortization`	$2.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.25M	USD	Point-in-time
Certificates of deposit	`CertificatesOfDepositAtCarryingValue`	$250.00K	USD	Point-in-time
Certificates of deposit	`CertificatesOfDepositAtCarryingValue`	$250.00K	USD	Point-in-time
Restricted cash from joint interest partner	`RestrictedCashFromJointInterestPartnerCurrent`	$118.19K	USD	Point-in-time
Restricted cash from joint interest partner	`RestrictedCashFromJointInterestPartnerCurrent`	$60.56K	USD	Point-in-time
Oil and natural gas sales	`OilAndNaturalGasSalesReceivablesCurrent`	$2.08M	USD	Point-in-time
Oil and natural gas sales	`OilAndNaturalGasSalesReceivablesCurrent`	$1.56M	USD	Point-in-time
Joint interest partner	`OilAndGasJointInterestBillingReceivablesCurrent`	$20.62K	USD	Point-in-time
Joint interest partner	`OilAndGasJointInterestBillingReceivablesCurrent`	$86.11K	USD	Point-in-time
Income taxes	`IncomeTaxesReceivableCurrent`	$28.68K	USD	Point-in-time
Income taxes	`IncomeTaxesReceivableCurrent`	$20.22K	USD	Point-in-time
Other	`OtherReceivablesNetCurrent`	$167.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other	`OtherReceivablesNetCurrent`	$311.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$149.28K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$67.85K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	28.61M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$17.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.36M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.61M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.82M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	788,200.00	shares	Point-in-time
Oil and natural gas properties - full-cost method of accounting, of which $695,544 and $2,940,199 at March 31, 2012 and June 30, 2011, respectively, were excluded from amortization.	`OilAndGasPropertyFullCostMethodNet`	$33.45M	USD	Point-in-time
Oil and natural gas properties - full-cost method of accounting, of which $695,544 and $2,940,199 at March 31, 2012 and June 30, 2011, respectively, were excluded from amortization.	`OilAndGasPropertyFullCostMethodNet`	$35.19M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	788,200.00	shares	Point-in-time
Other property and equipment	`PropertyPlantAndEquipmentOther`	$89.94K	USD	Point-in-time
Other property and equipment	`PropertyPlantAndEquipmentOther`	$69.26K	USD	Point-in-time
Total property and equipment	`TotalOilAndGasProperties`	$33.52M	USD	Point-in-time
Total property and equipment	`TotalOilAndGasProperties`	$35.28M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$77.29K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$260.75K	USD	Point-in-time
Total assets	`Assets`	$39.95M	USD	Point-in-time
Total assets	`Assets`	$53.35M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$514.18K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$534.54K	USD	Point-in-time
Joint interest advances	`JointInterestAdvancesCurrent`	$60.56K	USD	Point-in-time
Joint interest advances	`JointInterestAdvancesCurrent`	$105.57K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$682.85K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$620.10K	USD	Point-in-time
Royalties payable	`AccruedRoyaltiesCurrent`	$742.65K	USD	Point-in-time
Royalties payable	`AccruedRoyaltiesCurrent`	$529.34K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$116.22K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$82.12K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$61.49K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$84.56K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.92M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$5.31M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$3.33M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$945.26K	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$859.59K	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$85.41K	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$74.30K	USD	Point-in-time
Unsecured revolving credit agreement	`LongTermLineOfCredit`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$8.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.49M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock; par value $0.001; 100,000,000 shares authorized and 28,605,163 shares issued; outstanding 27,816,963 shares and 27,612,916 shares at March 31, 2012 and June 30, 2011, respectively.	`CommonStockValue`	$28.40K	USD	Point-in-time
Common stock; par value $0.001; 100,000,000 shares authorized and 28,605,163 shares issued; outstanding 27,816,963 shares and 27,612,916 shares at March 31, 2012 and June 30, 2011, respectively.	`CommonStockValue`	$28.61K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$28.82M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$20.76M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.56M	USD	Point-in-time
Stockholders equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$45.98M	USD	Point-in-time
Stockholders equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$34.35M	USD	Point-in-time
Treasury stock, at cost, 788,200 shares as of March 31, 2012 and June 30, 2011.	`TreasuryStockValue`	$882.02K	USD	Point-in-time
Treasury stock, at cost, 788,200 shares as of March 31, 2012 and June 30, 2011.	`TreasuryStockValue`	$882.02K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$33.46M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$45.10M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$39.95M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$53.35M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses, non-cash stock-based compensation expense	`ShareBasedCompensation`	$1.13M	USD	3 Qtrs
General and administrative expenses, non-cash stock-based compensation expense	`ShareBasedCompensation`	$392.53K	USD	1 Quarter
General and administrative expenses, non-cash stock-based compensation expense	`ShareBasedCompensation`	$1.14M	USD	3 Qtrs
General and administrative expenses, non-cash stock-based compensation expense	`ShareBasedCompensation`	$354.47K	USD	1 Quarter
Crude oil	`RevenueFromCrudeOil`	$4.53M	USD	1 Quarter
Crude oil	`RevenueFromCrudeOil`	$12.21M	USD	3 Qtrs
Crude oil	`RevenueFromCrudeOil`	$3.03M	USD	3 Qtrs
Crude oil	`RevenueFromCrudeOil`	$1.61M	USD	1 Quarter
Natural gas liquids	`RevenueFromNaturalGasLiquids`	$228.05K	USD	1 Quarter
Natural gas liquids	`RevenueFromNaturalGasLiquids`	$499.75K	USD	3 Qtrs
Natural gas liquids	`RevenueFromNaturalGasLiquids`	$128.32K	USD	1 Quarter
Natural gas liquids	`RevenueFromNaturalGasLiquids`	$669.46K	USD	3 Qtrs
Natural gas	`NaturalGasProductionRevenue`	$667.61K	USD	3 Qtrs
Natural gas	`NaturalGasProductionRevenue`	$187.27K	USD	1 Quarter
Natural gas	`NaturalGasProductionRevenue`	$181.50K	USD	1 Quarter
Natural gas	`NaturalGasProductionRevenue`	$661.81K	USD	3 Qtrs
Total revenues	`SalesRevenueNet`	$13.38M	USD	3 Qtrs
Total revenues	`SalesRevenueNet`	$4.37M	USD	3 Qtrs
Total revenues	`SalesRevenueNet`	$4.85M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$2.02M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$284.58K	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$1.28M	USD	3 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$950.38K	USD	3 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$662.46K	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$54.08K	USD	3 Qtrs
Production taxes	`ProductionTaxExpense`	$47.92K	USD	3 Qtrs
Production taxes	`ProductionTaxExpense`	$15.16K	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$26.31K	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$132.52K	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$834.35K	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$316.67K	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$358.96K	USD	3 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$20.12K	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$16.23K	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$56.71K	USD	3 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$43.31K	USD	3 Qtrs
General and administrative expenses	`GeneralAdministrativeIncludingNoncashStockBasedCompensation`	$1.56M	USD	1 Quarter
General and administrative expenses	`GeneralAdministrativeIncludingNoncashStockBasedCompensation`	$4.45M	USD	3 Qtrs
General and administrative expenses	`GeneralAdministrativeIncludingNoncashStockBasedCompensation`	$3.98M	USD	3 Qtrs
General and administrative expenses	`GeneralAdministrativeIncludingNoncashStockBasedCompensation`	$1.36M	USD	1 Quarter
Total operating costs	`OperatingExpenses`	$2.58M	USD	1 Quarter
Total operating costs	`OperatingExpenses`	$5.38M	USD	3 Qtrs
Total operating costs	`OperatingExpenses`	$6.67M	USD	3 Qtrs
Total operating costs	`OperatingExpenses`	$1.82M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$198.28K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$6.71M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$2.27M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-1.02M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$13.03K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$20.16K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.56K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$6.21K	USD	1 Quarter
Deferred loan cost amortization and bank fees	`WriteOffOfDeferredDebtIssuanceCost`	$5.58K	USD	3 Qtrs
Deferred loan cost amortization and bank fees	`WriteOffOfDeferredDebtIssuanceCost`	$5.58K	USD	1 Quarter
Net income (loss) before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.27M	USD	1 Quarter
Net income (loss) before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.00M	USD	3 Qtrs
Net income (loss) before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.72M	USD	3 Qtrs
Net income (loss) before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$199.84K	USD	1 Quarter
Income tax (provision) benefit	`IncomeTaxExpenseBenefit`	$-227.78K	USD	3 Qtrs
Income tax (provision) benefit	`IncomeTaxExpenseBenefit`	$29.42K	USD	1 Quarter
Income tax (provision) benefit	`IncomeTaxExpenseBenefit`	$2.69M	USD	3 Qtrs
Income tax (provision) benefit	`IncomeTaxExpenseBenefit`	$805.99K	USD	1 Quarter
Net Income (loss) attributable to the Company	`NetIncomeLoss`	$170.43K	USD	1 Quarter
Net Income (loss) attributable to the Company	`NetIncomeLoss`	$1.47M	USD	1 Quarter
Net Income (loss) attributable to the Company	`NetIncomeLoss`	$4.04M	USD	3 Qtrs
Net Income (loss) attributable to the Company	`NetIncomeLoss`	$-776.44K	USD	3 Qtrs
Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$461.81K	USD	3 Qtrs
Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$168.57K	USD	1 Quarter
Earnings (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$170.43K	USD	1 Quarter
Earnings (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.30M	USD	1 Quarter
Earnings (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.58M	USD	3 Qtrs
Earnings (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-776.44K	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.13	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.76M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.38M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.82M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.52M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.56M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.38M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.79M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	30.83M	shares	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net Income (loss) attributable to the Company	`NetIncomeLoss`	$170.43K	USD	1 Quarter
Net Income (loss) attributable to the Company	`NetIncomeLoss`	$1.47M	USD	1 Quarter
Net Income (loss) attributable to the Company	`NetIncomeLoss`	$4.04M	USD	3 Qtrs
Net Income (loss) attributable to the Company	`NetIncomeLoss`	$-776.44K	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortizationCashFlowsImpact`	$358.96K	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortizationCashFlowsImpact`	$837.67K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.13M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$392.53K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.14M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$354.47K	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$20.12K	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$16.23K	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$56.71K	USD	3 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$43.31K	USD	3 Qtrs
Payments on asset retirement obligations	`PaymentsOnAssetRetirementObligations`	$30.97K	USD	3 Qtrs
Payments on asset retirement obligations	`PaymentsOnAssetRetirementObligations`	$1.85K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.98M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-261.96K	USD	3 Qtrs
Deferred rent	`DeferredRentExpenses`	$-11.12K	USD	3 Qtrs
Deferred rent	`DeferredRentExpenses`	$2.83K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-32.08K	USD	3 Qtrs
Receivables from oil and natural gas sales	`IncreaseDecreaseInReceivablesFromOilAndNaturalGasSales`	$526.38K	USD	3 Qtrs
Receivables from oil and natural gas sales	`IncreaseDecreaseInReceivablesFromOilAndNaturalGasSales`	$523.08K	USD	3 Qtrs
Receivables from income taxes and other	`IncreaseDecreaseInIncomeTaxesReceivable`	$-1.13M	USD	3 Qtrs
Receivables from income taxes and other	`IncreaseDecreaseInIncomeTaxesReceivable`	$-8.35K	USD	3 Qtrs
Due from joint interest partner	`IncreaseDecreaseInAmountDueFromJointInterestPartner`	$230.23K	USD	3 Qtrs
Due from joint interest partner	`IncreaseDecreaseInAmountDueFromJointInterestPartner`	$-78.11K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$70.06K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$81.42K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$273.29K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$32.40K	USD	3 Qtrs
Royalties payable	`IncreaseDecreaseInRoyaltiesPayable`	$433.11K	USD	3 Qtrs
Royalties payable	`IncreaseDecreaseInRoyaltiesPayable`	$-213.32K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-7.68K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$34.10K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$7.33M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.54M	USD	3 Qtrs
Proceeds from asset sale	`ProceedsFromSaleOfProductiveAssets`	$231.33K	USD	3 Qtrs
Proceeds from asset sale	`ProceedsFromSaleOfProductiveAssets`	$103.18K	USD	3 Qtrs
Development of oil and natural gas properties	`PaymentForDevelopmentOfOilAndGasProperties`	$2.39M	USD	3 Qtrs
Development of oil and natural gas properties	`PaymentForDevelopmentOfOilAndGasProperties`	$2.32M	USD	3 Qtrs
Acquisitions of oil and natural gas properties	`PaymentForAcquisitionOfOilAndGasProperties`	$304.27K	USD	3 Qtrs
Acquisitions of oil and natural gas properties	`PaymentForAcquisitionOfOilAndGasProperties`	$814.32K	USD	3 Qtrs
Capital expenditures for other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$47.48K	USD	3 Qtrs
Maturities of certificates of deposit	`ProceedsFromMaturitiesOfCertificatesOfDeposit`	$1.10M	USD	3 Qtrs
Other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$27.30K	USD	3 Qtrs
Other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$25.53K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.66M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.83M	USD	3 Qtrs
Proceeds from the issuance of restricted stock	`ProceedsFromIssuanceOfRestrictedStock`	$28.00	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$106.05K	USD	3 Qtrs
Proceeds from issuances of preferred stock, net	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$6.93M	USD	3 Qtrs
Preferred stock dividends paid	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$461.81K	USD	3 Qtrs
Deferred loan costs	`PaymentsOfDebtIssuanceCosts`	$159.49K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$106.08K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$6.31M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-184.78K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$10.98M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.95M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.22M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.14M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.25M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.95M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.22M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.14M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.25M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$610.00K	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$152.00K	USD	3 Qtrs
Income tax refunds and carry backs received	`IncomeTaxRefundsAndCarryBacksReceived`	$979.18K	USD	3 Qtrs
Income tax refunds and carry backs received	`IncomeTaxRefundsAndCarryBacksReceived`	$28.68K	USD	3 Qtrs
Decrease in accounts payable used to acquire oil and natural gas leasehold interests and develop oil and natural gas properties	`DecreaseInAccountsPayableUsedToAcquireOilAndNaturalGasLeaseHoldInterestsAndDevelopOilAndNaturalGasProperties`	$-196.56K	USD	3 Qtrs
Decrease in accounts payable used to acquire oil and natural gas leasehold interests and develop oil and natural gas properties	`DecreaseInAccountsPayableUsedToAcquireOilAndNaturalGasLeaseHoldInterestsAndDevelopOilAndNaturalGasProperties`	$-97.85K	USD	3 Qtrs
Increase in accounts payable related to joint venture activities	`IncreaseInAccountsPayableRelatedToJointVentureActivities`	$144.94K	USD	3 Qtrs
Oil and natural gas properties incurred through recognition of asset retirement obligations	`OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations`	$-59.94K	USD	3 Qtrs
Oil and natural gas properties incurred through recognition of asset retirement obligations	`OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations`	$-25.11K	USD	3 Qtrs

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