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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 7,408 $ 49,704
Restricted cash 325 325
Accounts receivable 32,554 29,514
Short-term derivative instruments 20,709 18,813
Prepaid expenses and other current assets 15,919 7,241
Total current assets 76,915 105,597
Property and equipment, at cost:    
Oil and natural gas properties, successful efforts method 784,119 598,331
Support equipment and facilities 137,267 108,760
Other 12,431 6,625
Accumulated depreciation, depletion and impairment (129,460) (85,535)
Property and equipment, net 804,357 628,181
Long-term derivative instruments 17,715 2,469
Restricted investments 4,622 94,467
Operating lease - long term right-of-use asset 4,925 0
Other long-term assets 6,095 6,129
Total assets 914,629 836,843
Current liabilities:    
Accounts payable 6,472 2,345
Revenues payable 26,754 24,779
Accrued liabilities (see Note 13) 26,327 23,155
Short-term derivative instruments 209 139
Total current liabilities 59,762 50,418
Long-term debt (see Note 8) 278,000 294,000
Asset retirement obligations 89,104 75,867
Long-term derivative instruments 489 0
Operating lease liability 3,214 0
Other long-term liabilities 4,015 0
Total liabilities 434,584 420,285
Commitments and contingencies (see Note 15)
Stockholders' equity:    
Preferred stock, $0.01 par value: 50,000,000 shares authorized; no shares issued and outstanding at September 30, 2019 and Preferred stock, $0.0001 par value 45,000,000 shares authorized; no shares issued and outstanding at December 31, 2018 0 0
Warrants, 9,153,522 warrants issued and outstanding at September 30, 2019 and 2,173,913 warrants issued and outstanding at December 31, 2018, respectively 4,790 4,788
Common stock, $0.01 par value: 300,000,000 shares authorized; 39,978,099 shares issued and outstanding at September 30, 2019 and Common stock, $0.0001 par value 300,000,000 shares authorized; 22,181,881 shares issued and outstanding at December 31, 2018 209 3
Additional paid-in capital 435,019 355,872
Accumulated earnings 40,027 55,895
Total stockholders' equity 480,045 416,558
Total liabilities and equity $ 914,629 $ 836,843