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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 13,521 $ 0
Restricted cash 0 325
Accounts receivable, net 26,907 33,145
Short-term derivative instruments 9,916 5,879
Prepaid expenses and other current assets 12,158 13,238
Total current assets 62,502 52,587
Property and equipment, at cost:    
Oil and natural gas properties, successful efforts method 772,773 797,005
Support equipment and facilities 142,274 140,023
Other 8,873 8,045
Accumulated depreciation, depletion and impairment (578,187) (141,350)
Property and equipment, net 345,733 803,723
Long-term derivative instruments 3,014 6,364
Restricted investments 4,622 4,622
Operating lease - long term right-of-use asset 3,055 4,406
Other long-term assets 2,768 5,837
Total assets 421,694 877,539
Current liabilities:    
Accounts payable 2,344 8,310
Revenues payable 24,194 29,167
Accrued liabilities (see Note 13) 19,063 23,358
Short-term derivative instruments 786 253
Current portion of long-term debt (see Note 8) 5,000 0
Total current liabilities 51,387 61,088
Long-term debt (see Note 8) 265,516 285,000
Asset retirement obligations 95,275 90,466
Long-term derivative instruments 1,350 305
Operating lease liability 853 2,720
Other long-term liabilities 3,277 3,753
Total liabilities 417,658 443,332
Commitments and contingencies (see Note 15) 0 0
Stockholders' equity:    
Preferred stock, $0.01 par value: 50,000,000 shares authorized; no shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 0 0
Warrants, 2,173,913 and 9,153,522 warrants issued and outstanding at September 30, 2020 and December 31, 2019, respectively 4,788 4,790
Common stock, $0.01 par value: 250,000,000 shares authorized; 37,627,566 and 37,566,540 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 209 209
Additional paid-in capital 424,236 424,399
Accumulated earnings (425,197) 4,809
Total stockholders' equity 4,036 434,207
Total liabilities and equity $ 421,694 $ 877,539