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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 266 $ 305
Accounts receivable:    
Revenue 982 1,082
Joint interest billings and other 569 778
Commodity derivative asset 408
Prepaid expense, deposits and other current assets 190 213
Total current assets 2,007 2,786
Oil and gas properties, full cost method of accounting:    
Proved, net 20,076 25,032
Unevaluated 3,137 3,194
Other property and equipment, net 193 238
Total property and equipment, net 23,406 28,464
Investments in affiliates (note 5) 744 1,025
Other long-term assets 193 433
Total assets 26,350 32,708
Current liabilities:    
Accounts payable and accrued liabilities 5,724 5,621
Firm transportation contract obligations (note 12) 425 436
Commodity derivative liability 306
Notes payable (note 6) 4,000
Total current liabilities 10,455 6,057
Non-current liabilities:    
Firm transportation contract obligations (note 12) 207 416
Commodity derivative liability 102
Asset retirement obligations (note 3) 3,170 3,095
Notes payable (note 6) 3,500
Total non-current liabilities 3,479 7,011
Commitments (note 12)
Stockholders' equity:    
Preferred stock, $0.01 par value; authorized 1,000,000 shares, no shares issued and outstanding at June 30, 2016 and December 31, 2015
Common stock, $0.01 par value; authorized 200,000,000 shares, 110,638,849 and 107,655,916 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 1,107 1,077
Additional paid-in capital 55,027 54,394
Accumulated deficit (45,575) (38,130)
Total Carbon stockholders' equity 10,559 17,341
Non-controlling interests 1,857 2,299
Total stockholders' equity 12,416 19,640
Total liabilities and stockholders' equity $ 26,350 $ 32,708