Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 422,701	$ 156,281
Restricted cash	25,692
Accounts receivable	144,257	256,315
Less: allowance for credit losses	(5,633)	(5,459)
Accounts receivable, net	138,624	250,856
Prepaid expenses and other current assets	63,269	68,658
Assets held for sale	2,000	1,000
Total current assets	652,286	476,795
Drilling and other property and equipment, net of accumulated depreciation	4,243,106	5,152,828
Other assets	206,481	204,421
Total assets	5,101,873	5,834,044
Current liabilities:
Accounts payable	31,980	68,586
Accrued liabilities	127,516	210,780
Taxes payable	28,359	23,228
Total current liabilities	187,855	302,594
Long-term debt		1,975,741
Deferred tax liability	30,614	47,528
Other liabilities	97,645	275,971
Commitments and contingencies (Note 10)
Total liabilities not subject to compromise	316,114	2,601,834
Liabilities subject to compromise	2,653,655
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; 145,263,865 shares issued and 138,054,311 shares outstanding at September 30, 2020; 144,781,766 shares issued and 137,703,910 shares outstanding at December 31, 2019)	1,453	1,448
Additional paid-in capital	2,029,979	2,024,347
Retained earnings	306,835	1,412,201
Accumulated other comprehensive loss		(18)
Treasury stock, at cost (7,209,554 and 7,077,856 shares of common stock at September 30, 2020 and December 31, 2019, respectively)	(206,163)	(205,768)
Total stockholders’ equity	2,132,104	3,232,210
Total liabilities and stockholders’ equity	$ 5,101,873	$ 5,834,044