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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 6,068 $ 4,322
Accounts receivable:    
Oil, natural gas liquid and natural gas sales 4,680 5,043
Joint interest owners and other, net 867 1,305
Related parties 847 279
Derivative financial instruments 1,730 33,219
Prepaid expenses and other 2,631 724
Total current assets 16,823 44,892
Oil and gas properties, net, using the successful efforts method of accounting 439,228 488,100
Other property and equipment, net 1,421 2,223
Derivative financial instruments   2,864
Other noncurrent assets 1,561 1,580
Restricted certificates of deposit 76 77
Total assets 459,109 539,736
Current liabilities    
Accounts payable 14,894 18,027
Accounts payable – related parties 1,135 45
Oil, natural gas liquid and natural gas sales payable 3,568 3,870
Accrued liabilities 9,947 8,276
Accrued liabilities – related parties 224 125
Derivative financial instruments 2,985  
Total current liabilities 32,753 30,343
Long-term debt 204,122 301,926
Long-term debt - related parties 3,400  
Deferred tax liability 38,020 16,013
Other non-current liabilities 6,052 1,000
Equity warrant liability 1,565  
Equity warrant liability - related parties 2,994  
Asset retirement obligations 2,683 7,488
Derivative financial instruments 1,125  
Total liabilities 292,714 356,770
Commitments and contingencies
Stockholders’ equity    
Additional paid-in capital 87,260 10,270
Accumulated other comprehensive loss   (760)
Retained (deficit) earnings (63,517) 30,818
Total stockholders’ equity 166,395 182,966
Total liabilities and stockholders’ equity 459,109 539,736
Class A Voting Common Stock    
Stockholders’ equity    
Common stock $ 142,652 $ 142,638