Assets Held for Sale and Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2020

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Summary of Assets Held for Sale and Discontinued Operations

The Company included the results of operations for MHP for the three months ended March 31, 2020 and 2019 in discontinued operations as follows:

(in thousands)	For the Three Months Ended March 31,
	2020			2019
Revenues	$	1,519		$	949
Impairment of proved properties		(6,849	)		—
Depreciation, depletion, amortization and accretion		(169	)		(52	)
Other operating expenses		(2,258	)		(1,079	)
Loss from discontinued operations, net of tax		(7,757	)		(182	)
Gain on disposal of discontinued operations, net of tax		—			—
Loss from discontinued operations, net of tax	$	(7,757	)	$	(182	)

Total operating and investing cash flows of discontinued operations for the three months ended March 31, 2020 and 2019 were as follows:

(in thousands)	Three Months Ended March 31,
	2020			2019
Net cash provided by operating activities	$	373		$	1,046
Net cash provided by (used in) investing activities	$	(66	)	$	1

Assets Held for Sale [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Summary of Assets Held for Sale and Discontinued Operations

The following summarizes assets and liabilities held for sale at March 31, 2020 and December 31, 2019:

(in thousands)	March 31, 2020		December 31, 2019
Accounts receivable	$	370	$	343
Other current assets		473		704
Total current assets held for sale	$	843	$	1,047
Proved oil and gas properties, net	$	2,800	$	9,528
Other noncurrent assets		107		137
Total noncurrent assets held for sale	$	2,907	$	9,665
Accounts payable	$	1,700	$	2,067
Accrued liabilities		719		570
Other current liabilities		86		178
Total current liabilities associated with assets held    for sale	$	2,505	$	2,815
Asset retirement obligations	$	6,645	$	6,488
Other liabilities		524		525
Total noncurrent liabilities associated with assets    held for sale	$	7,169	$	7,013