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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 4,013 $ 12,056
Accounts receivable 63,483 77,402
Assets held for sale 1,544 1,047
Other current assets 8,984 35,509
Total current assets 78,024 126,014
Oil and natural gas properties, successful efforts method:    
Unproved properties 478,644 508,576
Proved oil and gas properties, net 1,216,836 1,251,105
Other property and equipment, net 10,311 11,226
Total property and equipment, net 1,705,791 1,770,907
OTHER NONCURRENT ASSETS    
Other assets 5,353 7,616
Operating lease right-of-use assets 30,830 36,975
Assets held for sale 3,403 9,665
TOTAL ASSETS 1,823,401 1,951,177
CURRENT LIABILITIES    
Accounts payable 120,785 119,907
Accrued capital expenditures 11,933 43,500
Accrued liabilities 61,963 53,866
Accrued interest payable 9,921 21,308
Liabilities associated with assets held for sale 3,711 2,815
Operating lease liability 12,773 12,666
Total current liabilities 221,086 254,062
NONCURRENT LIABILITIES    
Debt, net of unamortized discount and debt issuance costs 502,622 500,541
Revolving credit facility 170,000 130,000
Asset retirement obligations 30,336 29,877
Other liabilities 31,421 8,029
Operating lease liability 18,805 24,569
Liabilities associated with assets held for sale 7,150 7,013
Total liabilities 981,420 954,091
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, 36,034,837 and 35,770,934 shares issued and outstanding, respectively 386 383
Additional paid in capital 2,355,890 2,352,309
Treasury stock, shares at cost; 2,600,672 and 2,508,485 shares, respectively (10,511) (10,049)
Accumulated deficit (1,503,784) (1,345,557)
Total stockholders’ equity 841,981 997,086
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,823,401 $ 1,951,177