Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)
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12 Months Ended | 1 Months Ended | 12 Months Ended | ||||
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2011
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Jan. 31, 2014
Subsequent Events
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Jan. 31, 2014
Senior Loan
Subsequent Events
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Jan. 31, 2014
Subordinate Tranche
Subsequent Events
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Dec. 31, 2012
Vaalco International
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Property Plant And Equipment [Line Items] | |||||||
Company acquired the noncontrolling interest amount | $ 26,200,000 | ||||||
Noncontrolling interest owned issued and outstanding common stock | 9.99% | ||||||
Summary of Significant Accounting Policies (Textual) [Abstract] | |||||||
Maturity period of cash and cash equivalents | three months or less | ||||||
Company's bank guarantees for customs clearance | 2,400,000 | 2,400,000 | |||||
Company's charter payment escrow | 800,000 | 800,000 | |||||
Funds restricted to secure the Company's drilling obligation | 10,000,000 | 10,000,000 | |||||
Date of maturity of certificates of deposit and commercial paper | not exceeding 90 days | ||||||
Gains or Loss on foreign currency transactions | (100,000) | 400,000 | 1,000,000 | ||||
Bad debt expenses | 1,562,000 | 1,621,000 | 4,448,000 | ||||
Loan agreement | $ 65,000,000 | $ 50,000,000 | $ 15,000,000 | ||||
Expiration date of availability period | Dec. 31, 2019 | ||||||
Interest rate, Description | RBL will bear interest at LIBOR plus 3.75% for the senior loan and LIBOR plus 5.75% for the subordinate tranche and is to be paid quarterly. | ||||||
Interest rate at LIBOR plus | 3.75% | 5.75% | |||||
Commitment fee in respect of unutilized commitments | 1.50% | 2.30% | |||||
Closing fees | 2.50% |
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- Definition
Bank guarantees for customs clearance. No definition available.
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- Definition
Maturity period of cash and cash equivalents. No definition available.
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- Definition
Cash equivalent maturity description. No definition available.
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- Definition
Fund secure for drilling obligations. No definition available.
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- Definition
Noncontrolling interest ownership percentage before acquisition. No definition available.
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- Definition
Payment to acquire noncontrolling interest. No definition available.
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- Details
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- Definition
Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition
The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. This element excludes replacement reserves which are an escrow separately provided for within the US GAAP taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount borrowed under the credit facility as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. No definition available.
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- Definition
Date the credit facility terminates, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Description of the interest rate for the amounts borrowed under the credit facility, including the terms and the method for determining the interest rate (for example, fixed or variable, LIBOR plus a percentage, increasing rate, timing of interest rate resets, remarketing provisions). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. No definition available.
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- Details
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- Definition
Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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