Assets Held for Sale and Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 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 and nine months ended September 30, 2020 and 2019 in discontinued operations as follows:

(in thousands)	Three Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019
Revenues	$	698		$	1,874		$	2,948		$	5,402
Impairment of proved oil and natural gas properties		—			—			(6,849	)		—
Depreciation, depletion, amortization and accretion		(182	)		(168	)		(523	)		(380	)
Other operating expenses		(1,317	)		(2,943	)		(5,668	)		(3,738	)
Other income		—			—			—			2
Income (loss) from discontinued operations, net of tax	$	(801	)	$	(1,237	)	$	(10,092	)	$	1,286

Total operating and investing cash flows of discontinued operations for the nine months ended September 30, 2020 and 2019 were as follows:

(in thousands)	Nine Months Ended September 30,
	2020			2019
Net cash provided by operating activities	$	693		$	1,189
Net cash provided by (used in) investing activities	$	(82	)	$	14

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 as of September 30, 2020 and December 31, 2019:

(in thousands)	September 30, 2020		December 31, 2019
Accounts receivable	$	758	$	343
Other current assets		786		704
Total current assets held for sale	$	1,544	$	1,047
Proved oil and gas properties, net	$	3,351	$	9,528
Other noncurrent assets		52		137
Total noncurrent assets held for sale	$	3,403	$	9,665
Accounts payable	$	2,104	$	2,067
Accrued liabilities		1,576		570
Other current liabilities		31		178
Total current liabilities associated with assets held for sale	$	3,711	$	2,815
Asset retirement obligations	$	7,146	$	6,488
Other liabilities		4		525
Total noncurrent liabilities associated with assets held for sale	$	7,150	$	7,013