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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 95,367 $ 26,854
Restricted cash 681 1,001
Accounts receivable, net 61,187 87,842
Other receivables 1,344 6,331
Related party receivables 0 3,341
Prepaid expenses and other 8,047 1,125
Derivatives 0 16,423
Total current assets 166,626 142,917
Property and equipment    
Oil and gas properties, successful efforts method, net 215,352 763,337
Other property and equipment, net 107,028 444,269
Total property and equipment, net 322,380 1,207,606
Other assets    
Operating lease right-of-use assets, net 0  
Equity method investment 0 1,100
Deferred financing costs, net 1,581 3,195
Deposits and other long-term assets 7,993 65
Derivatives 0 2,947
Total other assets 9,574 7,307
Total assets 498,580 1,357,830
Current liabilities    
Current portion of debt 224,000 690,123
Accounts payable and accrued liabilities 64,137 247,439
Advances from non-operators 811 5,193
Advances from related party 3,175 9,839
Asset retirement obligations, current portion 34 2,079
Operating lease liability, current portion 88  
Derivatives 0 1,710
Total current liabilities not subject to compromise 292,245 956,383
Long-term liabilities    
Asset retirement obligations, net of current portion 13,149 9,473
Long-term debt, net 0 174,000
Operating lease liabilities, net of current portion 189  
Derivatives 0 180
Other long-term liabilities 3,360 1,667
Total long-term liabilities not subject to compromise 16,698 185,320
Liabilities subject to compromise 896,862 0
Total liabilities 1,205,805 1,141,703
Commitments and contingencies (Note 19)
Stockholders’ equity    
Additional paid in capital 1,512,716 1,503,382
Accumulated deficit (1,983,351) (1,532,813)
Total stockholders’ equity (470,597) (29,393)
Noncontrolling interest (236,628) 245,520
Total equity (707,225) 216,127
Total liabilities and stockholders’ equity 498,580 1,357,830
Preferred Class A    
Long-term liabilities    
Preferred stock, $0.0001 par value 0 0
Preferred Class B    
Long-term liabilities    
Preferred stock, $0.0001 par value 0 0
Common Class A    
Stockholders’ equity    
Common stock, $0.0001 par value 18 18
Common Class C    
Stockholders’ equity    
Common stock, $0.0001 par value $ 20 $ 20