Summarized Quarterly Financial Information (unaudited) |
Note 15 – Summarized Quarterly Financial Information (Unaudited)
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2015
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First Quarter
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Second Quarter
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Third Quarter
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Fourth Quarter
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Total revenues
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$
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30,391
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$
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39,242
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$
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34,316
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$
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33,563
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Income (loss) from operations (a)
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(12,889)
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6,231
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(83,910)
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(118,542)
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Net loss (a)
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(10,197)
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(4,967)
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(111,805)
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(113,170)
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Loss available to common shares
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(12,171)
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(6,940)
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(113,779)
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(115,144)
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Loss per common share - basic
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$
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(0.21)
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$
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(0.11)
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$
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(1.72)
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$
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(1.58)
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Loss per common share - diluted
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$
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(0.21)
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$
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(0.11)
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$
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(1.72)
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$
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(1.58)
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(a)
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Loss from operations and net loss for the three months ended September 30, 2015 and December 31, 2015 included write-downs of oil and gas properties of $87,301 and $121,134, respectively.
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2014
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First Quarter
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Second Quarter
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Third Quarter
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Fourth Quarter
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Total revenues
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$
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33,285
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$
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40,502
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$
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39,657
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$
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38,418
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Income from operations
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6,645
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12,080
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11,562
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7,983
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Net income (loss)
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1,863
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4,740
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12,201
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18,962
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Income (loss) available to common shares
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(111)
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2,767
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10,227
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16,988
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Income (loss) per common share - basic
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$
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0.00
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$
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0.07
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$
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0.24
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$
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0.31
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Income (loss) per common share - diluted
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$
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0.00
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$
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0.07
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$
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0.23
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$
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0.30
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