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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 7,308 $ 12,056
Accounts receivable 60,621 77,402
Assets held for sale 843 1,047
Other current assets 60,739 35,509
Total current assets 129,511 126,014
Oil and natural gas properties, successful efforts method:    
Unproved properties 496,817 508,576
Proved oil and gas properties, net 1,259,704 1,251,105
Other property and equipment, net 11,007 11,226
Total property and equipment, net 1,767,528 1,770,907
OTHER NONCURRENT ASSETS    
Other assets 6,305 7,616
Operating lease right-of-use assets 34,500 36,975
Assets held for sale 2,907 9,665
TOTAL ASSETS 1,940,751 1,951,177
CURRENT LIABILITIES    
Accounts payable 136,491 119,907
Accrued capital expenditures 26,534 43,500
Accrued liabilities 26,455 53,866
Accrued interest payable 11,347 21,308
Liabilities associated with assets held for sale 2,505 2,815
Operating lease liability 12,969 12,666
Total current liabilities 216,301 254,062
NONCURRENT LIABILITIES    
Debt, net of unamortized discount and debt issuance costs 501,234 500,541
Revolving credit facility 150,000 130,000
Asset retirement obligations 30,381 29,877
Other liabilities 13,114 8,029
Operating lease liability 21,873 24,569
Liabilities associated with assets held for sale 7,169 7,013
Total liabilities 940,072 954,091
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Preferred stock, 50,000,000 authorized, no shares issued and outstanding
Common stock, $0.01 par value, 1,000,000,000 authorized, 35,804,544 and 35,770,934 shares issued and outstanding, respectively 383 383
Additional paid in capital 2,353,169 2,352,309
Treasury stock, shares at cost; 2,528,440 and 2,508,485 shares, respectively (10,144) (10,049)
Accumulated deficit (1,342,729) (1,345,557)
Total stockholders’ equity 1,000,679 997,086
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,940,751 $ 1,951,177