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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ 36,714,000 $ (38,443,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 24,656,000 14,005,000
Impairment of proved and unproved oil and gas properties 42,751,000 0
Impairment of goodwill 17,620,000 0
Accretion of asset retirement obligations 44,000 54,000
Settlement of asset retirement obligations 0 (62,000)
(Gain) loss on sale of oil and gas properties (204,000) 125,000
Total (gain) loss on derivative contracts, net (99,784,000) 47,894,000
Operating portion of net cash received in settlement of derivative contracts 9,739,000 5,362,000
Stock-based compensation 2,694,000 2,212,000
Deferred income taxes 1,092,000 (460,000)
Amortization of deferred financing costs 80,000 103,000
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable 13,780,000 (6,811,000)
(Increase) decrease in prepaid expenses and other current assets (312,000) (2,236,000)
Increase (decrease) in accounts payable and accrued expenses 2,846,000 (7,427,000)
Increase (decrease) in revenues and royalties payable 5,640,000 (5,383,000)
Increase (decrease) in advances (8,814,000) (1,882,000)
Net cash provided by operating activities 48,542,000 7,051,000
Cash flows from investing activities:    
Additions to oil and gas properties (39,299,000) (48,412,000)
Additions to office and other equipment (87,000) (75,000)
Proceeds from sales of oil and gas properties 409,000 0
Net cash used in investing activities (38,977,000) (48,487,000)
Cash flows from financing activities:    
Proceeds from borrowings 17,500,000 85,244,000
Repayments of borrowings (35,500,000) (43,247,000)
Cash paid related to the exchange and cancellation of Class A Common Stock (214,000) (397,000)
Cash paid for finance leases (72,000) (114,000)
Net cash (used in) provided by financing activities (18,286,000) 41,486,000
Net increase (decrease) in cash (8,721,000) 50,000
Cash at beginning of period 13,822,000 376,000
Cash at end of period 5,101,000 426,000
Cash paid for:    
Interest 1,676,000 1,255,000
Non-cash investing and financing activities:    
Accrued capital expenditures 31,011,000 17,040,000
Lease asset additions - ASC 842 0 1,801,000
Asset retirement obligations $ 21,000 $ 21,000