Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

	Year Ended
	December 31,
(in thousands)	2019			2018
Current income tax benefit	$	-		$	-
Deferred income tax expense (benefit)		895			(590	)
Change in valuation allowance		(895	)		590
Total income tax benefit	$	-		$	-

Schedule of effective income tax rate differed from the statutory U.S. federal income tax rate

	Year Ended
	December 31,
	2019			2018
Federal income tax rate		21.0	%		21.0	%
State income taxes, net of federal benefit		4.9			4.9
Permanent differences		(3.3	)		(1.2	)
Non-controlling interest in consolidated partnerships		(46.2	)		(11.4	)
True-up of prior year depletion in excess of basis		(6.5	)		1.3
Stock-based compensation deficiency		(16.0	)		1.1
Purchase accounting adjustments		(45.0	)		(22.9	)
Rate changes of prior year deferred		1.8			(0.5	)
True-up of prior year deferred		-			3.0
Decrease in valuation allowance and other		89.3			4.7
Total effective income tax rate		-	%		-	%

Schedule of deferred tax assets and liabilities

(in thousands)	As of December 31,
	2019			2018
Deferred tax assets:
Net operating loss carryforwards	$	6,232		$	7,573
Depletion carryforwards		2,569			2,166
Accrual and other		3,997			1,372
Stock-based compensation		469			445
Asset retirement obligations		4,659			4,567
Property and equipment		(2,253	)		(42	)
Total deferred tax assets		15,673			16,081
Deferred tax liabilities:
Interest in partnerships		(338	)		(512	)
ASC 842 Operating Leases		(12	)		-
Derivative and other		(1,689	)		(1,008	)
Less valuation allowance		(13,634	)		(14,561	)
Net deferred tax asset	$	-		$	-