Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 499,138	$ 156,281
Accounts receivable	273,923	256,315
Less: allowance for credit losses	(5,760)	(5,459)
Accounts receivable, net	268,163	250,856
Prepaid expenses and other current assets	76,769	68,658
Asset held for sale		1,000
Total current assets	844,070	476,795
Drilling and other property and equipment, net of accumulated depreciation	4,329,983	5,152,828
Other assets	204,280	204,421
Total assets	5,378,333	5,834,044
Current liabilities:
Accounts payable	59,564	68,586
Accrued liabilities	196,031	210,780
Taxes payable	16,437	23,228
Current maturities of long-term debt	2,412,215
Total current liabilities	2,684,247	302,594
Long-term debt		1,975,741
Deferred tax liability	37,825	47,528
Other liabilities	284,773	275,971
Total liabilities	3,006,845	2,601,834
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock (par value $0.01, 25,000,000 shares authorized, none issued and outstanding)
Common stock (par value $0.01, 500,000,000 shares authorized; 145,107,046 shares issued and 137,944,059 shares outstanding at March 31, 2020; 144,781,766 shares issued and 137,703,910 shares outstanding at December 31, 2019)	1,451	1,448
Additional paid-in capital	2,025,887	2,024,347
Retained earnings	550,261	1,412,201
Accumulated other comprehensive loss	(19)	(18)
Treasury stock, at cost (7,162,987 and 7,077,856 shares of common stock at March 31, 2020 and December 31, 2019, respectively)	(206,092)	(205,768)
Total stockholders’ equity	2,371,488	3,232,210
Total liabilities and stockholders’ equity	$ 5,378,333	$ 5,834,044