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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 2,038 $ 2,538
Accounts receivable    
Oil, natural gas liquid and natural gas sales 12,537 12,289
Joint interest owners and others, net 770 794
Related parties 70 162
Derivative financial instruments 385 472
Prepaid expenses and other 1,509 2,365
Total current assets 17,309 18,620
Proved properties 783,356 750,226
Unproved properties 79,091 78,655
Other property and equipment 16,668 15,763
Less accumulated depreciation, depletion and amortization (289,484) (274,374)
Net property and equipment 589,631 570,270
Derivative financial instruments 245  
Other non-current assets 2,479 2,918
Total assets 609,664 591,808
Current liabilities    
Accounts payable 25,466 25,901
Accounts payable -- related parties 321 389
Oil, natural gas liquid and natural gas sales payable 8,714 8,747
Accrued liabilities 20,715 16,583
Derivative financial instruments 19,556 12,336
Total current liabilities 74,772 63,956
Long-term debt 325,759 301,155
Asset retirement obligations 5,723 5,649
Deferred tax liabilities, net 1,577 4,769
Equity warrant liability 560 508
Equity warrant liability -- related parties 1,063 963
Derivative financial instruments 10,782 9,802
Other non-current liabilities 2,668 1,316
Total long-term liabilities 348,132 324,162
Commitments and contingencies (Note 11)
Stockholders' Equity    
Series A-1 convertible participating preferred stock, $0.001 par value, 85,857 and 83,968 shares issued and outstanding, respectively
Additional paid-in capital 174,477 174,871
Accumulated deficit (130,372) (113,836)
Total stockholders' equity 186,760 203,690
Total liabilities and stockholders' equity 609,664 591,808
Class A Voting Common Stock    
Stockholders' Equity    
Common stock 142,655 142,655
Total stockholders' equity $ 142,655 $ 142,655