Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 25,623	$ 405,869
Restricted cash	27,747	24,511
Accounts receivable	218,989	136,222
Less: allowance for credit losses	(6,142)	(5,562)
Accounts receivable, net	212,847	130,660
Prepaid expenses and other current assets	65,792	62,275
Assets held for sale	1,000	2,000
Total current assets	333,009	625,315
Drilling and other property and equipment, net of accumulated depreciation	1,350,058	4,122,809
Other assets	82,384	200,329
Total assets	1,765,451	4,948,453
Current liabilities:
Accounts payable	61,272	33,437
Accrued liabilities	153,740	140,788
Taxes payable	30,386	27,214
Current finance lease liabilities	15,338
Total current liabilities	260,736	201,439
Long-term debt	316,051
Noncurrent finance lease liabilities	156,489
Deferred tax liability	3,251	28,338
Other liabilities	140,415	117,305
Commitments and contingencies (Note 11)
Total liabilities not subject to compromise	876,942	347,082
Liabilities subject to compromise		2,618,805
Total liabilities	876,942	2,965,887
Stockholders’ equity:
Predecessor preferred stock (par value $0.01, 25,000,000 shares authorized, none issued and outstanding) and Successor preferred stock (par value of $0.0001, 50,000,000 shares authorized, none issued and outstanding
Predecessor common stock (par value $0.01, 500,000,000 shares authorized; 145,263,865 shares issued and 138,054,311 shares outstanding at December 31, 2020) and Successor common stock (par value $0.0001, 750,000,000 shares authorized; 100,074,093 shares issued and outstanding at June 30, 2021)	10	1,453
Predecessor treasury stock, at cost		(206,163)
Predecessor additional paid-in capital and Successor additional paid-in capital	935,792	2,029,979
(Accumulated deficit) retained earnings	(47,293)	157,297
Total stockholders’ equity	888,509	1,982,566
Total liabilities and stockholders’ equity	$ 1,765,451	$ 4,948,453