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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 64,979 $ 34,233
Accounts receivable    
Trade, net 135,415 106,220
Joint interest, net 42,020 50,471
Other 13,371 18,448
Assets from price risk management activities 1,720 6,876
Prepaid assets 32,733 29,285
Other current assets 1,761 1,859
Total current assets 291,999 247,392
Property and equipment:    
Proved properties 4,996,802 4,945,550
Unproved properties, not subject to amortization 266,321 254,994
Other property and equipment 33,086 32,853
Total property and equipment 5,296,209 5,233,397
Accumulated depreciation, depletion and amortization (2,798,885) (2,697,228)
Total property and equipment, net 2,497,324 2,536,169
Other long-term assets:    
Assets from price risk management activities 2,123 945
Other well equipment inventory 20,069 18,927
Operating lease assets 6,722 6,855
Other assets 21,457 24,258
Total assets 2,839,694 2,834,546
Current liabilities:    
Accounts payable 72,770 104,864
Accrued liabilities 140,552 163,379
Accrued royalties 42,741 27,903
Current portion of asset retirement obligations 45,478 49,921
Liabilities from price risk management activities 133,167 66,010
Accrued interest payable 20,410 9,509
Current portion of operating lease liabilities 1,927 1,793
Other current liabilities 25,192 24,155
Total current liabilities 482,237 447,534
Long-term liabilities:    
Long-term debt, net of discount and deferred financing costs 1,049,365 985,512
Asset retirement obligations 406,690 392,348
Liabilities from price risk management activities 27,617 9,625
Operating lease liabilities 18,015 18,554
Other long-term liabilities 48,616 54,372
Total liabilities 2,032,540 1,907,945
Commitments and contingencies (Note 11)
Stockholdersʼ Equity:    
Preferred stock, $0.01 par value; 30,000,000 shares authorized and no shares issued or outstanding as of March 31, 2021 and December 31, 2020
Common stock $0.01 par value; 270,000,000 shares authorized; 81,707,214 and 81,279,989 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 817 813
Additional paid-in capital 1,661,840 1,659,800
Accumulated deficit (855,503) (734,012)
Total stockholdersʼ equity 807,154 926,601
Total liabilities and stockholdersʼ equity $ 2,839,694 $ 2,834,546