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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 47,620 $ 0
Accounts receivable, net of allowance for doubtful accounts of $2,215 at September 30, 2020 and $1,103 at December 31, 2019 48,798 71,867
Derivative instruments 57,658 9,166
Other current assets 20,318 19,399
Total current assets 174,394 100,432
Noncurrent assets:    
Oil and natural gas properties 1,388,544 1,675,717
Accumulated depletion and amortization (209,956) (209,105)
Total oil and natural gas properties, net 1,178,588 1,466,612
Other property and equipment 111,146 135,117
Accumulated depreciation (28,979) (25,462)
Total other property and equipment, net 82,167 109,655
Derivative instruments 2,011 525
Other noncurrent assets 9,297 12,974
Total assets 1,446,457 1,690,198
Current liabilities:    
Accounts payable and accrued expenses 95,237 151,811
Derivative instruments 337 4,817
Total current liabilities 95,574 156,628
Noncurrent liabilities:    
Long-term debt 393,219 394,319
Derivative instruments 1,179 141
Deferred income taxes 9,318 9,057
Asset retirement obligation 136,392 124,019
Other noncurrent liabilities 36,150 33,586
Commitments and Contingencies - Note 4
Equity:    
Common stock ($0.001 par value; 750,000,000 shares authorized; 85,004,619 and 84,655,222 shares issued; and 79,892,373 and 79,542,976 shares outstanding, at September 30, 2020 and December 31, 2019, respectively) 85 85
Additional paid-in-capital 912,637 901,830
Treasury stock, at cost, (5,112,246 shares at September 30, 2020 and at December 31, 2019) (49,995) (49,995)
Retained earnings (deficit) (88,102) 120,528
Total equity 774,625 972,448
Total liabilities and equity $ 1,446,457 $ 1,690,198