Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents		$ 36,994	$ 571
Accounts receivable, net of allowance for doubtful accounts of $3,961 and $2,332 at June 30, 2020 and December 31, 2019, respectively		54,146	82,656
Materials and supplies		110	449
Current derivative asset (Note 12)		0	633
Current income taxes receivable		850	1,756
Assets held for sale (Note 5)		0	5,908
Prepaid expenses and other		16,659	13,078
Total current assets		108,759	105,051
Oil and natural gas properties on the full cost method:
Proved properties		6,566,669	6,341,582
Unproved properties not being amortized		30,342	252,874
Drilling equipment		1,296,319	1,295,713
Gas gathering and processing equipment		833,402	824,699
Saltwater disposal systems		43,843	69,692
Land and building		59,080	59,080
Transportation equipment		16,780	29,723
Other		58,036	57,992
Property, plant, and equipment, gross		8,904,471	8,931,355
Less accumulated depreciation, depletion, amortization, and impairment		7,903,051	6,978,669
Net property and equipment		1,001,420	1,952,686
Right of use asset (Note 14)		7,828	5,673
Other assets		22,371	26,642
Total assets	[1]	1,140,378	2,090,052
Current liabilities:
Accounts payable		26,808	84,481
Accrued liabilities (Note 7)		31,384	46,562
Current operating lease liability (Note 14)		4,666	3,430
Current portion of long-term debt (Note 8)		124,000	108,200
Debtor-in-possession financing (Note 8)		8,000	0
Current derivative liabilities (Note 12)		5,011	0
Current portion of other long-term liabilities (Note 8)		13,628	17,376
Total current liabilities		213,497	260,049
Long-term debt less debt issuance costs (Note 8)		34,000	663,216
Non-current derivative liabilities (Note 12)		145	27
Operating lease liability (Note 14)		3,012	2,071
Other long-term liabilities (Note 8)		84,722	95,341
Liabilities subject to compromise (Note 2)		759,720	0
Deferred income taxes		4,750	13,713
Commitments and contingencies (Note 15)
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, 54,617,677 and 55,443,393 shares issued as of June 30, 2020 and December 31, 2019, respectively		10,704	10,591
Capital in excess of par value		648,128	644,152
Retained earnings (deficit)		(787,008)	199,135
Total shareholders’ equity attributable to Unit Corporation		(128,176)	853,878
Non-controlling interests in consolidated subsidiaries		168,708	201,757
Total shareholders' equity		40,532	1,055,635
Total liabilities and shareholders' equity	[1]	$ 1,140,378	$ 2,090,052

[1] Unit Corporation's consolidated total assets as of June 30, 2020 include total current and long-term assets of its variable interest entity (VIE) (Superior Pipeline Company, L.L.C.) of $49.8 million and $354.0 million, respectively, which can only settle obligations of the VIE. Unit Corporation's consolidated total liabilities as of June 30, 2020 include total current and long-term liabilities of the VIE of $25.2 million and $39.7 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, 2019 include total current and long-term assets of the VIE of $28.8 million and $434.3 million, respectively, which can only settle obligations of the VIE. Unit Corporation's consolidated total liabilities as of December 31, 2019 include total 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. See Note 16 – Variable Interest Entity Arrangements.