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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 4,651 $ 5,736
Accounts receivable:    
Revenue 12,936 19,671
Joint interest billings and other 1,502 1,770
Insurance receivable (Note 2) 522
Commodity derivative asset (Note 14) 5,146 3,517
Prepaid expense, deposits and other current assets 1,930 1,645
Inventory 1,371 1,149
Total current assets 27,536 34,010
Oil and gas properties, full cost method of accounting:    
Proved, net 244,381 248,455
Unproved 5,471 5,416
Other property and equipment, net 16,766 17,563
Total property and equipment, net 266,618 271,434
Investments in affiliates 588 598
Commodity derivative asset - non-current (Note 14) 1,582 3,505
Right-of-use assets (Note 8) 6,946  
Other non-current assets 1,277 1,344
Total non-current assets 277,011 276,881
Total assets 304,547 310,891
Current liabilities:    
Accounts payable and accrued liabilities (Note 5) 30,497 34,816
Firm transportation contract obligations (Note 15) 5,952 6,129
Lease liability - current (Note 8) 1,621
Commodity derivative liability (Note 14) 102
Credit facilities and notes payable - current (Note 7) 9,910 11,910
Total current liabilities 48,082 52,855
Non-current liabilities:    
Firm transportation contract obligations (Note 15) 10,729 12,729
Lease liability - non-current (Note 8) 5,202
Production and property taxes payable 2,799 2,914
Asset retirement obligations (Note 6) 19,401 19,211
Credit facilities and notes payable (Note 7) 96,284 97,228
Notes payable - related party (Note 7) 45,089 49,919
Total non-current liabilities 179,504 182,001
Commitments and contingencies (Note 15)
Stockholders' equity:    
Preferred stock, $0.01 par value; liquidation preference of $374,000 at June 30, 2019 and $224,000 at December 31, 2018; authorized 1,000,000 shares, 50,000 shares issued and outstanding at June 30, 2019 and December 31, 2018 1 1
Common stock, $0.01 par value; authorized 35,000,000 shares, 7,816,030 and 7,655,759 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 79 77
Additional paid-in capital 85,057 84,612
Accumulated deficit (34,810) (36,939)
Total Carbon stockholders' equity 50,327 47,751
Non-controlling interests 26,634 28,284
Total stockholders' equity 76,961 76,035
Total liabilities and stockholders' equity $ 304,547 $ 310,891