Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents		$ 571	$ 6,452
Accounts receivable, net of allowance for doubtful accounts of $2,332 and $2,531 at December 31, 2019 and December 31, 2018, respectively		82,656	119,397
Materials and supplies		449	473
Current derivative asset (Note 14)		633	12,870
Current income taxes receivable		1,756	2,054
Assets held for sale (Note 3)		5,908	22,511
Prepaid expenses and other		13,078	6,602
Total current assets		105,051	170,359
Oil and natural gas properties, on the full cost method:
Proved properties		6,341,582	6,018,568
Unproved properties not being amortized		252,874	330,216
Drilling equipment		1,295,713	1,284,419
Gas gathering and processing equipment		824,699	767,388
Saltwater disposal systems		69,692	68,339
Corporate land and building		59,080	59,081
Transportation equipment		29,723	29,524
Other		57,992	57,507
Property, plant and equipment, gross, total		8,931,355	8,615,042
Less accumulated depreciation, depletion, amortization, and impairment		6,978,669	6,182,726
Net property and equipment		1,952,686	2,432,316
Goodwill (Note 3)		0	62,808
Right of use asset (Note 16)		5,673	0
Other assets		26,642	32,570
Total assets	[1]	2,090,052	2,698,053
Current liabilities:
Accounts payable		84,481	151,686
Accrued liabilities (Note 7)		46,562	47,923
Current operating lease liability (Note 16)		3,430	0
Current portion of long-term debt (Note 8)		108,200	0
Current portion of other long-term liabilities (Note 8)		17,376	14,250
Total current liabilities		260,049	213,859
Long-term debt less debt issuance costs (Note 8)		663,216	644,475
Non-current derivative liabilities (Note 14)		27	293
Operating lease liability (Note 16)		2,071	0
Other long-term liabilities (Note 8)		95,341	101,234
Deferred income taxes (Note 10)		13,713	144,748
Commitments and contingencies (Note 17)		0	0
Shareholders' equity:
Preferred stock, $1.00 par value, 5,000,000 shares authorized, none issued		0	0
Common stock, $0.20 par value, 175,000,000 shares authorized, 55,443,393 and 54,055,600 shares issued as of December 31, 2019 and 2018, respectively		10,591	10,414
Capital in excess of par value		644,152	628,108
Accumulated other comprehensive loss (net of tax ($155) at December 31, 2018) (Note 19)		0	(481)
Retained earnings		199,135	752,840
Total shareholders' equity attributable to Unit Corporation		853,878	1,390,881
Non-controlling interests in consolidated subsidiaries		201,757	202,563
Total shareholders' equity		1,055,635	1,593,444
Total liabilities and shareholders' equity	[1]	$ 2,090,052	$ 2,698,053

[1] Unit Corporation's consolidated total assets as of December 31, 2019 include current and long-term assets of its variable interest entity (VIE) (Superior) of $28.8 million and $434.3 million, respectively, which can only be used to settle obligations of the VIE. Unit Corporation's consolidated total liabilities as of December 31, 2019 include current and long-term liabilities of the VIE of $32.2 million and $26.0 million, respectively, for which the creditors of the VIE have no recourse to Unit Corporation. Unit Corporation's consolidated total assets as of December 31, 2018 include current and long-term assets of its variable interest entity (VIE) (Superior) of $40.1 million and $423.3 million, respectively, which can only be used to settle obligations of the VIE. Unit Corporation's consolidated total liabilities as of December 31, 2018 include current and long-term liabilities of the VIE of $42.8 million and $14.7 million, respectively, for which the creditors of the VIE have no recourse to Unit Corporation. See Note 18 – Variable Interest Entity Arrangements.