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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 46,212 $ 47,772
Restricted cash 1,245 1,246
Trade accounts receivable 96,214 102,384
Inventories 293,069 198,326
Prepaid and other current assets 24,646 53,380
Total current assets 461,386 403,108
Property and equipment    
Property, plant and equipment 504,453 499,867
Proved oil and gas properties, at cost, successful efforts method of accounting 1,122 1,122
Total property and equipment 505,575 500,989
Less accumulated depreciation and depletion (57,557) (49,727)
Property and equipment, net 448,018 451,262
Long-term assets    
Investment in Laramie Energy, LLC 117,569 108,823
Intangible assets, net 29,084 29,912
Goodwill 105,732 105,732
Other long-term assets 41,913 46,596
Total assets 1,203,702 1,145,433
Current liabilities    
Current maturities of long-term debt 20,286 20,286
Obligations under inventory financing agreements 299,738 225,135
Accounts payable 47,888 65,190
Other accrued liabilities 54,597 72,154
Total current liabilities 422,509 382,765
Long-term liabilities    
Long-term debt, net of current maturities 338,120 350,110
Common stock warrants 5,823 5,134
Long-term capital lease obligations 1,509 1,780
Other liabilities 36,637 36,735
Total liabilities 804,598 776,524
Commitments and contingencies (Note 11)
Stockholders’ equity    
Preferred stock, $0.01 par value: 3,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized at March 31, 2017 and December 31, 2016, 45,763,555 shares and 45,533,913 shares issued at March 31, 2017 and December 31, 2016, respectively 458 455
Additional paid-in capital 589,462 587,057
Accumulated deficit (193,012) (220,799)
Accumulated other comprehensive income 2,196 2,196
Total stockholders’ equity 399,104 368,909
Total liabilities and stockholders’ equity $ 1,203,702 $ 1,145,433