$CRK
COMSTOCK RESOURCES INC

2016 Q4 Form 10-Q Financial Statement

#000156459016028682 Filed on November 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4 2015 Q3
Revenue $48.50M $47.20M $61.36M
YoY Change 2.75% -58.08% -57.68%
Cost Of Revenue $13.90M $20.60M $22.60M
YoY Change -32.52% -12.71% -11.02%
Gross Profit $34.60M $26.60M $38.80M
YoY Change 30.08% -70.11% -67.56%
Gross Profit Margin 71.34% 56.36% 63.23%
Selling, General & Admin $8.500M $2.700M $5.700M
YoY Change 214.81% -58.46% -27.85%
% of Gross Profit 24.57% 10.15% 14.69%
Research & Development $0.00 $400.0K $5.000M
YoY Change -100.0% -95.0% -56.14%
% of Gross Profit 0.0% 1.5% 12.89%
Depreciation & Amortization $29.10M $59.40M $79.45M
YoY Change -51.01% -37.41% -20.54%
% of Gross Profit 84.1% 223.31% 204.76%
Operating Expenses $37.70M $62.60M $657.4M
YoY Change -39.78% -42.73% 354.25%
Operating Profit -$5.805M -$290.5M -$596.0M
YoY Change -98.0% 261.83% -226725.86%
Interest Expense -$44.70M -$31.20M $32.16M
YoY Change 43.27% 625.58% -1208.93%
% of Operating Profit
Other Income/Expense, Net $100.0K $500.0K $20.38M
YoY Change -80.0% 150.0% 10092.0%
Pretax Income -$51.50M -$298.0M -$575.6M
YoY Change -82.72% 253.08% 23955.24%
Income Tax $3.400M -$9.500M -$30.65M
% Of Pretax Income
Net Earnings -$54.93M -$288.5M -$545.0M
YoY Change -80.96% 395.17% 28538.78%
Net Earnings / Revenue -113.26% -611.32% -888.19%
Basic Earnings Per Share -$11.81
Diluted Earnings Per Share -$4.159M -$31.36M -$11.81
COMMON SHARES
Basic Shares Outstanding 13.46M 46.15M
Diluted Shares Outstanding 46.15M

Balance Sheet

Concept 2016 Q4 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $65.90M $134.0M $163.8M
YoY Change -50.82% 6280.95% 2459.38%
Cash & Equivalents $65.90M $134.0M $163.8M
Short-Term Investments
Other Short-Term Assets $1.824M $1.993M $4.200M
YoY Change -8.48% -80.28% -44.0%
Inventory $1.200M
Prepaid Expenses
Receivables $19.34M $15.24M $23.80M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $90.17M $156.2M $191.9M
YoY Change -42.29% 155.22% 122.62%
LONG-TERM ASSETS
Property, Plant & Equipment $798.7M $1.038B $1.315B
YoY Change -23.09% -52.76% -40.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.000M $1.192M $22.50M
YoY Change -16.11% -76.9% 42.41%
Total Long-Term Assets $799.7M $1.040B $1.338B
YoY Change -23.07% -52.82% -40.18%
TOTAL ASSETS
Total Short-Term Assets $90.17M $156.2M $191.9M
Total Long-Term Assets $799.7M $1.040B $1.338B
Total Assets $889.9M $1.196B $1.530B
YoY Change -25.58% -47.19% -34.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $45.30M $57.28M $51.20M
YoY Change -20.91% -51.18% -59.59%
Accrued Expenses $40.40M $38.44M $34.80M
YoY Change 5.09% -14.27% -38.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $91.70M $95.72M $91.00M
YoY Change -4.2% -40.98% -50.79%
LONG-TERM LIABILITIES
Long-Term Debt $1.045B $1.249B $1.297B
YoY Change -16.4% 17.79% 29.69%
Other Long-Term Liabilities $15.80M $20.10M $15.10M
YoY Change -21.39% 904.0% 645.68%
Total Long-Term Liabilities $1.060B $1.249B $1.312B
YoY Change -15.13% 17.57% 30.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $91.70M $95.72M $91.00M
Total Long-Term Liabilities $1.060B $1.249B $1.312B
Total Liabilities $1.161B $1.367B $1.414B
YoY Change -15.07% -1.95% 2.29%
SHAREHOLDERS EQUITY
Retained Earnings -$680.7M
YoY Change -285.78%
Common Stock $509.4M
YoY Change 1.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$271.3M -$171.3M $115.3M
YoY Change
Total Liabilities & Shareholders Equity $889.9M $1.196B $1.530B
YoY Change -25.58% -47.19% -34.13%

Cashflow Statement

Concept 2016 Q4 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income -$54.93M -$288.5M -$545.0M
YoY Change -80.96% 395.17% 28538.78%
Depreciation, Depletion And Amortization $29.10M $59.40M $79.45M
YoY Change -51.01% -37.41% -20.54%
Cash From Operating Activities $31.00M $6.600M -$700.0K
YoY Change 369.7% -90.83% -100.57%
INVESTING ACTIVITIES
Capital Expenditures -$16.30M -$31.30M -$35.60M
YoY Change -47.92% -76.36% -74.57%
Acquisitions
YoY Change
Other Investing Activities $25.80M -$200.0K $102.7M
YoY Change -13000.0%
Cash From Investing Activities $9.500M -$31.50M $67.10M
YoY Change -130.16% -76.21% -147.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.200M -4.900M -32.70M
YoY Change -75.51% -108.73% -273.02%
NET CHANGE
Cash From Operating Activities 31.00M 6.600M -700.0K
Cash From Investing Activities 9.500M -31.50M 67.10M
Cash From Financing Activities -1.200M -4.900M -32.70M
Net Change In Cash 39.30M -29.80M 33.70M
YoY Change -231.88% 593.02% 1196.15%
FREE CASH FLOW
Cash From Operating Activities $31.00M $6.600M -$700.0K
Capital Expenditures -$16.30M -$31.30M -$35.60M
Free Cash Flow $47.30M $37.90M $34.90M
YoY Change 24.8% -81.46% -86.77%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q3 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
50330000
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2016Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
13455559
CY2015Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
3552000
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
15241000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
134006000
CY2016Q3 us-gaap Natural Gas Production Revenue
NaturalGasProductionRevenue
36852000
us-gaap Natural Gas Production Revenue
NaturalGasProductionRevenue
80411000
CY2016Q3 crk Common Stock Warrants
CommonStockWarrants
7938000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
190116000
crk Loss On Sale Of Oil And Gas Property
LossOnSaleOfOilAndGasProperty
14103000
crk Loss On Sale Of Oil And Gas Property
LossOnSaleOfOilAndGasProperty
111778000
us-gaap Gains Losses On Extinguishment Of Debt
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55586000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-903514000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-82.27
us-gaap Net Income Loss
NetIncomeLoss
-758566000
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-2.32
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-59.05
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-7.13
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
41142000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
232896000
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-2067000
CY2016Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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12293000
CY2015Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
9230000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
11255000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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9220000
us-gaap Stock Issued During Period Value Share Based Compensation
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3571000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
313000
crk Stock Issued In Exchange For Debt Value
StockIssuedInExchangeForDebtValue
13603000
us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
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14051000
crk Stock And Warrants Exercised During Period Value Preferred Stock And Warrants
StockAndWarrantsExercisedDuringPeriodValuePreferredStockAndWarrants
627000
crk Stock Issuance Costs During Period Value Preferred Stock And Warrants
StockIssuanceCostsDuringPeriodValuePreferredStockAndWarrants
103000
crk Gain Loss On Sales And Exchange Of Oil And Gas Property
GainLossOnSalesAndExchangeOfOilAndGasProperty
-14103000
crk Gain Loss On Sales And Exchange Of Oil And Gas Property
GainLossOnSalesAndExchangeOfOilAndGasProperty
-111778000
crk Impairment Of Unproved Oil And Gas Properties
ImpairmentOfUnprovedOilAndGasProperties
84144000
crk Impairment Of Unproved Oil And Gas Properties
ImpairmentOfUnprovedOilAndGasProperties
70309000
crk Impairment Of Proved Oil And Gas Properties
ImpairmentOfProvedOilAndGasProperties
24573000
crk Impairment Of Proved Oil And Gas Properties
ImpairmentOfProvedOilAndGasProperties
547101000
crk Derivative Cash Paid Received On Hedge
DerivativeCashPaidReceivedOnHedge
-2120000
crk Derivative Cash Paid Received On Hedge
DerivativeCashPaidReceivedOnHedge
-391000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
6413000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3952000
us-gaap Paid In Kind Interest
PaidInKindInterest
2576000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3687000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-146118000
us-gaap Share Based Compensation
ShareBasedCompensation
3571000
crk Tax Benefit Cost From Share Based Compensation Operating Activities
TaxBenefitCostFromShareBasedCompensationOperatingActivities
-1943000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Payments For Proceeds From Investments
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
790000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
502815000
us-gaap Payment Of Financing And Stock Issuance Costs
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us-gaap Payment Of Financing And Stock Issuance Costs
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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313000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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crk Tax Benefit Cost From Share Based Compensation Financing Activities
TaxBenefitCostFromShareBasedCompensationFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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CashAndCashEquivalentsAtCarryingValue
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us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.2
us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
a one-for-five (1:5) reverse split
CY2016Q3 crk Loss On Sale Of Assets Held For Sale
LossOnSaleOfAssetsHeldForSale
13200000
crk Loss On Sale Of Assets Held For Sale
LossOnSaleOfAssetsHeldForSale
13200000
crk Impairment Of Assets Held For Sale
ImpairmentOfAssetsHeldForSale
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CY2016Q3 crk Assets Held For Sale Asset Retirement Obligation Included In Accrued Liabilities
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3400000
crk Assets Held For Sale Effective Date
AssetsHeldForSaleEffectiveDate
2016-08-01
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
102700000
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
2100000
crk Net Loss On Sale Of Oil And Gas Properties Excluding Assets Held For Sale
NetLossOnSaleOfOilAndGasPropertiesExcludingAssetsHeldForSale
111800000
crk Net Loss On Sale Of Oil And Gas Properties Excluding Assets Held For Sale
NetLossOnSaleOfOilAndGasPropertiesExcludingAssetsHeldForSale
1600000
CY2016Q3 crk Oil And Gas Properties Sold Oil And Gas Sales
OilAndGasPropertiesSoldOilAndGasSales
2345000
CY2015Q3 crk Oil And Gas Properties Sold Oil And Gas Sales
OilAndGasPropertiesSoldOilAndGasSales
5096000
crk Oil And Gas Properties Sold Oil And Gas Sales
OilAndGasPropertiesSoldOilAndGasSales
5873000
crk Oil And Gas Properties Sold Oil And Gas Sales
OilAndGasPropertiesSoldOilAndGasSales
27851000
CY2016Q3 crk Oil And Gas Properties Sold Operating Expenses
OilAndGasPropertiesSoldOperatingExpenses
1124000
CY2015Q3 crk Oil And Gas Properties Sold Operating Expenses
OilAndGasPropertiesSoldOperatingExpenses
5022000
crk Oil And Gas Properties Sold Operating Expenses
OilAndGasPropertiesSoldOperatingExpenses
4522000
crk Oil And Gas Properties Sold Operating Expenses
OilAndGasPropertiesSoldOperatingExpenses
77999000
CY2016Q3 crk Oil And Gas Properties Sold Operating Income Loss
OilAndGasPropertiesSoldOperatingIncomeLoss
1221000
CY2015Q3 crk Oil And Gas Properties Sold Operating Income Loss
OilAndGasPropertiesSoldOperatingIncomeLoss
74000
crk Oil And Gas Properties Sold Operating Income Loss
OilAndGasPropertiesSoldOperatingIncomeLoss
1351000
crk Oil And Gas Properties Sold Operating Income Loss
OilAndGasPropertiesSoldOperatingIncomeLoss
-50148000
CY2016Q1 crk Property Exchange Net Acres Received
PropertyExchangeNetAcresReceived
3637
CY2016Q1 crk Property Exchange Gross Wells Received
PropertyExchangeGrossWellsReceived
4
CY2016Q1 crk Property Exchange Net Wells Received
PropertyExchangeNetWellsReceived
3.5
CY2016Q1 crk Property Exchange Net Acres Disposed
PropertyExchangeNetAcresDisposed
2547
CY2016Q1 crk Property Exchange Gross Wells Disposed
PropertyExchangeGrossWellsDisposed
7
CY2016Q1 crk Property Exchange Net Wells Disposed
PropertyExchangeNetWellsDisposed
5.3
crk Gain On Property Exchange Of Oil And Gas Properties
GainOnPropertyExchangeOfOilAndGasProperties
700000
CY2016Q3 crk Impairment Charges Related To Unevaluated Properties
ImpairmentChargesRelatedToUnevaluatedProperties
76400000
CY2015Q3 crk Impairment Charges Related To Unevaluated Properties
ImpairmentChargesRelatedToUnevaluatedProperties
5100000
crk Impairment Charges Related To Unevaluated Properties
ImpairmentChargesRelatedToUnevaluatedProperties
84100000
crk Impairment Charges Related To Unevaluated Properties
ImpairmentChargesRelatedToUnevaluatedProperties
68600000
CY2016Q3 us-gaap Interest Payable Current
InterestPayableCurrent
5685000
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
29075000
CY2016Q3 crk Accrued Drilling Costs
AccruedDrillingCosts
876000
CY2015Q4 crk Accrued Drilling Costs
AccruedDrillingCosts
5306000
CY2016Q3 crk Accrued Ad Valorem Taxes Payable
AccruedAdValoremTaxesPayable
3600000
CY2016Q3 crk Asset Retirement Obligation Of Assets Held For Sale
AssetRetirementObligationOfAssetsHeldForSale
3442000
CY2016Q3 crk Accrued Transportation Costs
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2466000
us-gaap Asset Retirement Obligation Liabilities Settled
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1217000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
703000
CY2016Q3 crk Cancellation Of Debt Income
CancellationOfDebtIncome
258500000
crk Performance Units Adjustment For Performance Multiplier Range Minimum
PerformanceUnitsAdjustmentForPerformanceMultiplierRangeMinimum
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CY2015Q4 crk Accrued Transportation Costs
AccruedTransportationCosts
2818000
CY2016Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4329000
us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
Future use of the Company's federal and state net operating loss carryforwards may be limited in the event that a cumulative change in the ownership of Comstock's common stock by more than 50% occurs within a three-year period.
crk Minimum Percentage Of Ownership Change That Would Have Impact In Net Operating Loss Carryforward
MinimumPercentageOfOwnershipChangeThatWouldHaveImpactInNetOperatingLossCarryforward
0.50
crk Effect Of Ownership Changes In Net Operating Loss Carry Forward Series Of Transactions Period
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P3Y
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14900000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
716000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
600000
us-gaap Asset Retirement Obligation Liabilities Incurred
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2000
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
309000
crk Asset Retirement Obligation Assets Held For Sale
AssetRetirementObligationAssetsHeldForSale
3442000
CY2015Q3 us-gaap Asset Retirement Obligations Noncurrent
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15106000
CY2016Q3 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
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0
CY2016Q3 us-gaap Derivative Assets
DerivativeAssets
0
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-0.450
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.317
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.478
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.210
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.124
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.020
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.078
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.021
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.004
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.001
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
CY2016Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.029
CY2015Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.053
crk Number Of State Jurisdiction Currently Under Review
NumberOfStateJurisdictionCurrentlyUnderReview
1
crk Performance Units Adjustment For Performance Multiplier Range Maximum
PerformanceUnitsAdjustmentForPerformanceMultiplierRangeMaximum
2.00
CY2016Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
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0.01
CY2016Q3 crk Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-28476000
CY2015Q3 crk Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-544996000
crk Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-80201000
crk Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-758566000
CY2016Q3 crk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
355000
CY2015Q3 crk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
315000
crk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
340000
crk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
286000
CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12000
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21000
CY2016Q3 crk Antidilutive Securities Warrants For Common Stock Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesWarrantsForCommonStockExcludedFromComputationOfEarningsPerShareAmount
377000
crk Antidilutive Securities Warrants For Common Stock Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesWarrantsForCommonStockExcludedFromComputationOfEarningsPerShareAmount
127000
CY2016Q3 crk Antidilutive Securities Performance Share Units Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesPerformanceShareUnitsExcludedFromComputationOfEarningsPerShareAmount
135000
CY2015Q3 crk Antidilutive Securities Performance Share Units Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesPerformanceShareUnitsExcludedFromComputationOfEarningsPerShareAmount
134000
crk Antidilutive Securities Performance Share Units Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesPerformanceShareUnitsExcludedFromComputationOfEarningsPerShareAmount
137000
crk Antidilutive Securities Performance Share Units Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesPerformanceShareUnitsExcludedFromComputationOfEarningsPerShareAmount
126000
CY2016Q3 crk Antidilutive Securities Excluded From Computation Of Earnings Per Unit Weighted Average Grant Date Fair Value Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerUnitWeightedAverageGrantDateFairValuePrice
22.09
CY2015Q3 crk Antidilutive Securities Excluded From Computation Of Earnings Per Unit Weighted Average Grant Date Fair Value Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerUnitWeightedAverageGrantDateFairValuePrice
45.67
crk Antidilutive Securities Excluded From Computation Of Earnings Per Unit Weighted Average Grant Date Fair Value Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerUnitWeightedAverageGrantDateFairValuePrice
22.09
crk Antidilutive Securities Excluded From Computation Of Earnings Per Unit Weighted Average Grant Date Fair Value Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerUnitWeightedAverageGrantDateFairValuePrice
45.67
CY2016Q3 crk Antidilutive Securities Contingently Convertible Shares Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesContingentlyConvertibleSharesExcludedFromComputationOfEarningsPerShareAmount
9770000
crk Antidilutive Securities Contingently Convertible Shares Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesContingentlyConvertibleSharesExcludedFromComputationOfEarningsPerShareAmount
3257000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0
CY2016Q3 us-gaap Paid In Kind Interest
PaidInKindInterest
2600000
CY2016Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
17570000
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
3700000
CY2016Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1917342
CY2016Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
crk Stock And Warrants Exercised During Period Shares Preferred Stock And Warrants
StockAndWarrantsExercisedDuringPeriodSharesPreferredStockAndWarrants
877026
CY2016Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
1040316
CY2016Q1 crk Number Of Consecutive Trading Period
NumberOfConsecutiveTradingPeriod
P30D
crk Natural Gas Transportation Agreement Term
NaturalGasTransportationAgreementTerm
through July 2019
CY2016Q3 crk Maximum Commitments Under Natural Gas Transportation Agreements
MaximumCommitmentsUnderNaturalGasTransportationAgreements
4800000
crk Contract Term Related To Drilling Services
ContractTermRelatedToDrillingServices
through October 2016
CY2016Q3 crk Commitments For Contracted Drilling Services
CommitmentsForContractedDrillingServices
400000

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