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SUPPLEMENTAL NON-CASH TRANSACTIONS (Tables)
9 Months Ended
Sep. 30, 2020
Supplemental Cash Flow Elements [Abstract]  
Schedule of cash flow, supplemental disclosures

The following table presents the supplemental disclosure of cash flow information for the nine months ended September 30, 2020 and 2019:

 

 

 

Nine Months Ended September 30,

 

 

 

2020

 

 

2019

 

 

 

($ in thousands)

 

Non-cash investing and financing activities excluded from the statement of cash flows:

 

 

 

 

 

 

 

 

Issued shares of common stock and preferred stock upon extinguishment of debt and modification of Series C and Series D Preferred Stock

 

$

-

 

 

$

141,787

 

Deferred revenue realized upon purchase option exercise

 

 

-

 

 

 

11,700

 

Change in capital expenditures for drilling costs in accrued liabilities

 

 

(4,564

)

 

 

1,035

 

Preferred dividends paid in kind

 

 

14,506

 

 

 

11,200

 

Change in asset retirement obligations

 

 

10

 

 

 

43