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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 54,164 $ 47,772
Restricted cash 1,245 1,246
Trade accounts receivable 80,536 102,384
Inventories 307,202 198,326
Prepaid and other current assets 13,569 53,380
Total current assets 456,716 403,108
Property and equipment    
Property, plant and equipment 509,796 499,867
Proved oil and gas properties, at cost, successful efforts method of accounting 1,122 1,122
Total property and equipment 510,918 500,989
Less accumulated depreciation and depletion (65,250) (49,727)
Property and equipment, net 445,668 451,262
Long-term assets    
Investment in Laramie Energy, LLC 119,921 108,823
Intangible assets, net 28,258 29,912
Goodwill 107,187 105,732
Other long-term assets 36,965 46,596
Total assets 1,194,715 1,145,433
Current liabilities    
Current maturities of long-term debt 27,024 20,286
Obligations under inventory financing agreements 291,740 225,135
Accounts payable 47,673 65,190
Accrued taxes 21,457 13,194
Other accrued liabilities 40,062 58,960
Total current liabilities 427,956 382,765
Long-term liabilities    
Long-term debt, net of current maturities 313,532 350,110
Common stock warrants 6,370 5,134
Long-term capital lease obligations 1,391 1,780
Other liabilities 37,958 36,735
Total liabilities 787,207 776,524
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 June 30, 2017 and December 31, 2016, 45,788,262 shares and 45,533,913 shares issued at June 30, 2017 and December 31, 2016, respectively 458 455
Additional paid-in capital 590,861 587,057
Accumulated deficit (186,007) (220,799)
Accumulated other comprehensive income 2,196 2,196
Total stockholders’ equity 407,508 368,909
Total liabilities and stockholders’ equity $ 1,194,715 $ 1,145,433