Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents		$ 29,784	$ 571
Restricted cash (Note 3)		7,458
Accounts receivable, net of allowance for doubtful accounts of $3,783 and $2,332 at September 30, 2020 and December 31, 2019, respectively		52,824	82,656
Materials and supplies		0	449
Current derivative asset (Note 13)		2,367	633
Current income taxes receivable		850	1,756
Assets held for sale (Note 6)		0	5,908
Prepaid expenses and other		12,531	13,078
Total current assets		105,814	105,051
Oil and natural gas properties on the full cost method:
Proved properties		238,766	6,341,582
Unproved properties not being amortized		735	252,874
Drilling equipment		63,541	1,295,713
Gas gathering and processing equipment		250,608	824,699
Saltwater disposal systems		0	69,692
Land and building		32,635	59,080
Transportation equipment		3,291	29,723
Other		9,961	57,992
Property, plant, and equipment, gross		599,537	8,931,355
Less accumulated depreciation, depletion, amortization, and impairment		20,907	6,978,669
Net property and equipment		578,630	1,952,686
Right of use asset (Note 15)		6,488	5,673
Other assets		17,628	26,642
Total assets	[1]	708,560	2,090,052
Current liabilities:
Accounts payable		37,307	84,481
Accrued liabilities (Note 8)		28,175	46,562
Current operating lease liability (Note 15)		3,985	3,430
Current portion of long-term debt (Note 9)		400	108,200
Current derivative liabilities (Note 13)		1,114	0
Warrant liability (Note 2)		885	0
Current portion of other long-term liabilities (Note 9)		12,324	17,376
Total current liabilities		84,190	260,049
Long-term debt less debt issuance costs (Note 9)		143,600	663,216
Non-current derivative liabilities (Note 13)		1,749	27
Operating lease liability (Note 15)		2,431	2,071
Other long-term liabilities (Note 9)		43,790	95,341
Deferred income taxes		0	13,713
Commitments and contingencies (Note 16)
Shareholders' equity:
Predecessor preferred stock, $1.00 par value, 5,000,000 shares authorized, none issued at December 31, 2019		0	0
Successor preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued at September 30, 2020		0	0
Predecessor common stock, $0.20 par value, 175,000,000 shares authorized, 55,493,393 shares issued as of December 31, 2019		120	10,591
Successor common stock, $0.01 par value, 25,000,000 shares authorized, 12,000,000 shares issued as of September 30, 2020		120	10,591
Predecessor capital in excess of par value		197,212	644,152
Successor capital in excess of par value		197,212	644,152
Retained earnings (deficit)		(8,968)	199,135
Total shareholders’ equity attributable to Unit Corporation		188,364	853,878
Non-controlling interests in consolidated subsidiaries		244,436	201,757
Total shareholders' equity		432,800	1,055,635
Total liabilities and shareholders' equity	[1]	$ 708,560	$ 2,090,052

[1] Unit Corporation's consolidated total assets as of September 30, 2020 include total current and long-term assets of its variable interest entity (VIE) (Superior Pipeline Company, L.L.C.) of $45.9 million and $257.0 million, respectively, which can only settle obligations of the VIE. Unit Corporation's consolidated total liabilities as of September 30, 2020 include total current and long-term liabilities of the VIE of $26.5 million and $15.6 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 17 – Variable Interest Entity Arrangements.