Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share (Details)

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Earnings (Loss) Per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Earnings Per Share [Abstract]        
Loss from continuing operations, net of tax $ (2,064) $ (766) $ (5,223) $ (5,486)
Preferred stock dividends (468) (437) (1,381) (1,296)
Adjustment of preferred stock to redemption value 3,730 0 3,730 0
Net earnings (loss) from continuing operations, including preferred stock dividends and gain on redemption of preferred stock 1,198 (1,203) (2,874) (6,782)
Net loss from discontinued operations (12,458) (1,349) (13,718) (1,972)
Net loss attributable to common stockholders $ (11,260) $ (2,552) $ (16,592) $ (8,754)
Basic weighted average shares outstanding 5,762,634 5,712,638 5,740,904 5,709,709
Add: dilutive effects of convertible preferred stock 2,737,637 0 0 0
Diluted weighted average common shares outstanding 8,500,271 5,712,638 5,740,904 5,709,709
Basic loss per common share:        
Net Loss attributable to Magellan Petroleum Corporation (in dollars per share) $ 0.21 $ (0.21) $ (0.50) $ (1.19)
Net income from discontinued operations (in dollars per share) (2.16) (0.24) (2.39) (0.35)
Net loss attributable to common stockholders (in dollars per share) (1.95) (0.45) (2.89) (1.53)
Diluted loss per common share:        
Net Loss attributable to Magellan Petroleum Corporation (in dollars per share) (0.24) (0.21) (0.50) (1.19)
Net income from discontinued operations (in dollars per share) (1.47) (0.24) (2.39) (0.35)
Net loss attributable to common stockholders (usd per share) $ (1.71) $ (0.45) $ (2.89) $ (1.53)