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Consolidated balance sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 37,446 $ 27,732
Accounts receivable, net 66,087 60,363
Inventories, net 4,059 5,138
Prepaid expenses 2,814 2,661
Derivative instruments 24,025 0
Total current assets 134,431 95,894
Property and equipment, net 43,096 50,641
Oil and natural gas properties, using the full cost method:    
Proved 915,333 634,294
Unevaluated (excluded from the amortization base) 466,616 482,239
Accumulated depreciation, depletion, amortization and impairment (221,431) (124,180)
Total oil and natural gas properties 1,160,518 992,353
Derivative instruments 2,199 0
Other assets 425 418
Total assets 1,340,669 1,139,306
Current liabilities:    
Accounts payable and accrued liabilities 73,779 75,414
Accrued payroll and benefits payable 10,976 11,276
Accrued interest payable 13,359 187
Revenue distribution payable 26,225 17,966
Long-term debt and capital leases, classified as current 3,479 3,273
Derivative instruments 0 8,959
Total current liabilities 127,818 117,075
Long-term debt and capital leases, less current maturities 303,992 141,386
Derivative instruments 1,542 4,167
Deferred compensation 540 696
Asset retirement obligations 22,090 33,216
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, 5,000,000 shares authorized, none issued and outstanding as of December 31, 2018 and 2017 0 0
Additional paid in capital 974,616 961,200
Treasury stock, at cost, 261,103 and nil shares at December 31, 2018 and 2017 (4,936) 0
Accumulated deficit (85,460) (118,902)
Total stockholders' equity 884,687 842,766
Total liabilities and stockholders' equity 1,340,669 1,139,306
Class A    
Stockholders’ equity:    
Common stock 467 389
Common Class B    
Stockholders’ equity:    
Common stock $ 0 $ 79