XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 19,439 $ 6,313
Equity securities   47,082
Accounts receivable:    
Oil, natural gas and natural gas liquids revenues 37,233 40,176
Other 853 4,496
Derivative asset 2,451 15,452
Other current assets 769 2,314
Total current assets 60,745 115,833
Oil and natural gas properties, net of accumulated depreciation, depletion and amortization; March 31, 2019, $16,787; December 31, 2018, $12,950 323,743 405,688
Assets held for sale 48,998  
Long-term derivative asset 3,220 8,499
Other assets 5,558 4,474
Total assets 442,264 534,494
Current liabilities:    
Accounts payable and accrued liabilities 26,043 26,146
Derivative liability 376 1,165
Other current liabilities 763  
Total current liabilities 27,182 27,311
Asset retirement obligations 110,712 117,529
Long-term debt, net 55,000 115,000
Liabilities held for sale 9,455  
Other long-term liabilities 1,973 1,036
Commitments and contingencies (Note 11)
Mezzanine equity 117 79
Stockholders’ equity:    
Common stock – $0.01 par value; 65,000,000 shares authorized; 10,054,816 shares issued and 10,042,468 shares outstanding as of March 31, 2019 and December 31, 2018 100 100
Additional paid-in capital 249,778 249,717
Treasury stock at cost – 12,348 shares at March 31, 2019 and December 31, 2018 (247) (247)
Retained earnings (accumulated deficit) (11,806) 23,969
Total stockholders’ equity 237,825 273,539
Total liabilities and equity $ 442,264 $ 534,494