Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 88,259	$ 64,140
Accounts receivable, net of allowance for credit losses of $2,482 and $2,511 as of March 31, 2022 and December 31, 2021, respectively	58,583	87,248
Prepaid expenses and other	3,024	5,542
Total current assets	149,866	156,930
Oil and natural gas properties on the full cost method:
Proved properties	220,754	225,014
Unproved properties not being amortized	5,317	422
Drilling equipment	66,983	66,058
Gas gathering and processing equipment	0	274,748
Transportation equipment	1,826	4,550
Other	8,631	8,631
Property, plant, and equipment, gross	303,511	579,423
Less accumulated depreciation, depletion, amortization, and impairment	80,694	128,880
Net property and equipment	222,817	450,543
Equity Method Investments	1,658	0
Right of use asset (Note 14)	8,151	12,445
Other assets	7,093	9,559
Total assets	389,585	629,477
Current liabilities:
Accounts payable	26,330	58,625
Accrued liabilities (Note 8)	19,169	22,450
Current operating lease liability (Note 14)	1,949	3,791
Current derivative liabilities (Note 12)	78,868	40,876
Warrant liability (Note 12)	56,434	19,822
Current portion of other long-term liabilities (Note 9)	4,537	5,574
Total current liabilities	187,287	151,138
Long-term debt (Note 9)	0	19,200
Non-current derivative liabilities (Note 12)	22,699	17,855
Operating lease liability (Note 14)	6,244	8,677
Other long-term liabilities (Note 9)	31,797	32,939
Commitments and contingencies (Note 16)
Shareholders' equity:
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued	0	0
Common stock, $0.01 par value, 25,000,000 shares authorized; 12,000,524 shares issued and 10,050,561 outstanding at March 31, 2022, and 12,000,000 shares issued and 10,050,037 and outstanding at December 31, 2021	120	120
Treasury stock (Note 5)	(51,965)	(51,965)
Capital in excess of par value	199,209	198,171
Retained earnings (deficit)	(5,806)	41,071
Total shareholders’ equity attributable to Unit Corporation	141,558	187,397
Non-controlling interests in consolidated subsidiaries	0	212,271
Total shareholders' equity	141,558	399,668
Total liabilities and shareholders' equity	$ 389,585	$ 629,477