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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 146,492 $ 182,633
Accounts receivable 77,744 105,775
Drilling advances 863 299
Other current assets 4,146 4,511
Total current assets 229,245 293,218
PROPERTY, PLANT AND EQUIPMENT    
Oil and natural gas properties 2,050,470 3,815,221
Other 3,391 3,087
Accumulated depreciation, depletion and amortization (844,255) (701,551)
Total property, plant and equipment, net 1,209,606 3,116,757
OTHER ASSETS    
Deferred financing costs, net 7,806 8,390
Equity method investment 20,171 19,730
Intangible assets, net 20,225 23,851
Other long-term assets 3,776 4,460
TOTAL ASSETS 1,490,829 3,466,406
CURRENT LIABILITIES    
Accounts payable 86,154 79,428
Other current liabilities (Note 7) 84,546 95,780
Total current liabilities 170,700 175,208
LONG-TERM LIABILITIES    
Long-term debt, net 390,147 389,835
Asset retirement obligations, net of current 97,008 93,524
Deferred taxes, net 3,181 77,834
Other long-term liabilities 903 1,476
Total long-term liabilities 491,239 562,669
COMMITMENTS AND CONTINGENCIES (Note 9)
Additional paid-in capital 1,703,996 1,703,362
Treasury Stock, at cost, 2,000 shares and 1,000 shares in 2020 and 2019, respectively (16,760) (10,277)
Retained earnings (Accumulated deficit) (1,144,070) 82,940
Noncontrolling interest 285,698 952,478
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 1,490,829 3,466,406
Class A Common Stock    
Common stock 17 17
Class B Common Stock    
Common stock $ 9 $ 9