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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 128 $ 305
Accounts receivable:    
Revenue 1,240 1,082
Joint interest billings and other 609 778
Commodity derivative asset 408
Prepaid expense, deposits and other current assets 185 213
Total current assets 2,162 2,786
Oil and gas properties, full cost method of accounting:    
Proved, net 19,836 25,032
Unproved 3,140 3,194
Other property and equipment, net 167 238
Total property and equipment, net 23,143 28,464
Investments in affiliates (note 5) 741 1,025
Other long-term assets 185 433
Total assets 26,231 32,708
Current liabilities:    
Accounts payable and accrued liabilities 6,043 5,621
Firm transportation contract obligations (note 12) 421 436
Commodity derivative liability 264
Notes payable (note 6) 4,007
Total current liabilities 10,735 6,057
Non-current liabilities:    
Asset retirement obligations (note 3) 3,205 3,095
Firm transportation contract obligations (note 12) 103 416
Notes payable (note 6) 3,500
Total non-current liabilities 3,308 7,011
Commitments (note 12)
Stockholders' equity:    
Preferred stock, $0.01 par value; authorized 1,000,000 shares, no shares issued and outstanding at September 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 September 30, 2016 and December 31, 2015, respectively 1,107 1,077
Additional paid-in capital 56,401 54,394
Accumulated deficit (47,174) (38,130)
Total Carbon stockholders' equity 10,334 17,341
Non-controlling interests 1,854 2,299
Total stockholders' equity 12,188 19,640
Total liabilities and stockholders' equity $ 26,231 $ 32,708