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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 63,632 $ 66,882
Accounts receivable, net of allowances for credit losses of $1,076 and $339 as of June 30, 2020 and December 31, 2019, respectively 11,160 38,554
Prepaid expenses and other current assets 4,809 5,002
Inventories 1,016 7,144
Total current assets 80,617 117,582
Property, plant and equipment, net 255,539 306,583
Non-current inventories 3,555  
Operating lease right-of-use assets 4,738 7,871
Goodwill 13,004 17,236
Intangible assets, net 3,372 3,761
Deferred tax assets 58,478 51,414
Other assets 545 625
Total assets 419,848 505,072
Current liabilities:    
Accounts payable 3,998 3,824
Accrued liabilities 6,333 14,447
Current portion of payables related to Tax Receivable Agreement   1,416
Current portion of operating lease liabilities 579 596
Current portion of finance lease liabilities 30 30
Other current liabilities 75 74
Total current liabilities 11,015 20,387
Operating lease liabilities, net of current 7,499 7,855
Finance lease liabilities, net of current 115 130
Payables related to Tax Receivable Agreement 68,132 66,582
Other long-term liabilities 607 460
Total liabilities 87,368 95,414
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000 shares authorized, none issued and outstanding
Additional paid-in capital 178,511 191,843
Retained earnings 31,516 74,222
Treasury stock (at cost), 0 shares and 163 shares as of June 30, 2020 and December 31, 2019, respectively   (2,526)
Total stockholders' equity attributable to Solaris 210,314 263,847
Non-controlling interest 122,166 145,811
Total stockholders' equity 332,480 409,658
Total liabilities and stockholders' equity 419,848 505,072
Class A Common Stock    
Stockholders' equity:    
Common stock 287 308
Class B Common Stock    
Stockholders' equity:    
Common stock