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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 78,300 $ 47,772
Restricted cash 744 1,246
Trade accounts receivable 89,665 102,384
Inventories 319,864 198,326
Prepaid and other current assets 8,939 53,380
Total current assets 497,512 403,108
Property and equipment    
Property, plant, and equipment 520,464 499,867
Proved oil and gas properties, at cost, successful efforts method of accounting 1,122 1,122
Total property and equipment 521,586 500,989
Less accumulated depreciation and depletion (72,965) (49,727)
Property and equipment, net 448,621 451,262
Long-term assets    
Investment in Laramie Energy, LLC 120,474 108,823
Intangible assets, net 27,431 29,912
Goodwill 107,187 105,732
Other long-term assets 33,957 46,596
Total assets 1,235,182 1,145,433
Current liabilities    
Current maturities of long-term debt 27,140 20,286
Obligations under inventory financing agreements 310,176 225,135
Accounts payable 51,442 65,190
Advances from customers 26,928 23,774
Accrued taxes 14,504 13,194
Other accrued liabilities 28,083 35,186
Total current liabilities 458,273 382,765
Long-term liabilities    
Long-term debt, net of current maturities 303,061 350,110
Common stock warrants 7,345 5,134
Long-term capital lease obligations 1,171 1,780
Other liabilities 37,848 36,735
Total liabilities 807,698 776,524
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 September 30, 2017 and December 31, 2016, 45,778,788 shares and 45,533,913 shares issued at September 30, 2017 and December 31, 2016, respectively 458 455
Additional paid-in capital 592,013 587,057
Accumulated deficit (167,183) (220,799)
Accumulated other comprehensive income 2,196 2,196
Total stockholders’ equity 427,484 368,909
Total liabilities and stockholders’ equity $ 1,235,182 $ 1,145,433