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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 484 $ 5,372
Items not involving cash:    
Depreciation, depletion and amortization 3,471 1,234
Accretion of asset retirement obligations 303 155
Unrealized commodity derivative loss (gain) 5,587 (3,023)
Warrant derivative gain (225) (1,683)
Stock-based compensation expense 483 539
Equity investment income (962)  
Gain (loss) on derecognized equity investment in affiliate-Carbon California (5,390)  
Amortization of debt issuance costs 247
Other (72)
Net change in:    
Accounts receivable (353) 1,331
Prepaid expenses, deposits and other current assets 570 (375)
Accounts payable, accrued liabilities, firm transportation contract obligations, and other long-term obligations (2,600) (1,142)
Net cash provided by operating activities 1,615 2,336
Cash flows from investing activities:    
Development and acquisition of properties and equipment (40,472) (1,182)
Cash received- Carbon California Acquisition 275  
Other long-term assets   (15)
Investment in affiliates   (240)
Net cash used in investing activities (40,197) (1,437)
Cash flows from financing activities:    
Proceeds from credit facility 31,502 600
Proceeds from preferred shares 5,000  
Payments on credit facility (14) (1,300)
Payments of debt issuance costs (511)  
Contributions from non-controlling interests 5,000  
Distributions to non-controlling interests (15) (43)
Net cash provided by (used in) financing activities 40,962 (743)
Net increase in cash and cash equivalents 2,380 156
Cash and cash equivalents, beginning of period 1,650 858
Cash and cash equivalents, end of period $ 4,030 $ 1,014