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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 14,452 $ 9,892
Accounts receivable, net    
Oil and natural gas sales 12,032 12,912
Joint interest and other 1,567 982
Related party 853 878
Prepaid and other current assets 12,331 8,696
Derivative asset 384  
Note receivable - related party   5,828
Inventory 4,804 5,167
Total current assets 46,423 44,355
Oil and natural gas properties (successful efforts method)    
Proved 170,237 163,006
Unproved 14,911 15,695
Equipment and other property 13,091 14,408
Property and equipment, gross 198,239 193,109
Less accumulated depreciation, depletion and amortization (108,646) (105,850)
Property and equipment, net 89,593 87,259
Other long-term assets:    
Other assets 3,107 986
Note receivable - related party 4,150  
Total other assets 7,257 986
Total assets 143,273 132,600
Current liabilities:    
Accounts payable 6,067 3,896
Accounts payable - related party 3,552 2,922
Accrued liabilities 13,956 13,073
Derivative liability 414  
Loans payable 18,912 22,000
Total current liabilities 42,901 41,891
Long-term liabilities:    
Asset retirement obligations 4,836 4,667
Accrued liabilities 9,994 7,259
Deferred income taxes 22,720 20,314
Loans payable 7,143  
Total long-term liabilities 44,693 32,240
Total liabilities 87,594 74,131
Commitments and contingencies
Shareholders' equity:    
Common shares, $0.10 par value, 200,000,000 shares authorized; 57,708,698 shares and 52,413,588 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 5,771 5,241
Treasury stock (970) (970)
Additional paid-in-capital 580,843 577,488
Accumulated other comprehensive loss (145,855) (142,021)
Accumulated deficit (430,160) (427,319)
Total shareholders' equity 9,629 12,419
Total liabilities, Series A preferred shares and shareholders' equity 143,273 132,600
Series A Preferred Shares [Member]    
Long-term liabilities:    
Preferred shares, value 21,300 21,300
Related Party [Member] | Series A Preferred Shares [Member]    
Long-term liabilities:    
Preferred shares, value $ 24,750 $ 24,750