v3.19.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 4,132 $ 20,157
Accounts receivable 37,351 32,260
Accounts receivable, related parties 0 78
Derivative assets 15,931 30,819
Prepaid and other current assets 2,051 1,371
Total current assets 59,465 84,685
Property and equipment:    
Oil and natural gas properties (successful efforts), net 754,285 666,797
Other property and equipment, net 2,621 2,592
Total property and equipment, net 756,906 669,389
Other assets, net 3,675 4,678
Derivative assets 46,027 58,314
Total assets 866,073 817,066
Current liabilities:    
Accounts payable 12,826 21,013
Accounts payable, related parties 1,144 287
Derivative liabilities 117 0
Accrued liabilities and other 29,808 27,335
Accrued capital expenditures 24,804 30,529
Total current liabilities 68,699 79,164
Long-term liabilities:    
Long-term debt, net 365,196 288,298
Asset retirement obligations 14,178 13,524
Deferred tax liabilities 5,107 9,278
Derivative liabilities 1,797 696
Other liabilities 3,645 3,658
Total long-term liabilities 389,923 315,454
Total liabilities 458,622 394,618
Commitments and contingencies (Note 16)
Stockholders’ equity    
Additional paid-in capital 36,538 42,271
Retained earnings 28,606 26,661
Total common stockholders’ equity 65,148 68,936
Noncontrolling interest 94,612 113,770
Total stockholders’ equity 246,439 267,337
Total liabilities, mezzanine equity and stockholders’ equity 866,073 817,066
Series B Preferred Stock    
Mezzanine equity    
Series B Preferred Stock; $0.0001 par value, 10.0% Redeemable, $1,000 per share liquidation preference; of the 1,000,000 shares of Preferred Stock authorized, 210,000 shares designated, 156,746 shares issued and outstanding as of September 30, 2019 and December 31, 2018 161,012 155,111
Series A Preferred Stock    
Stockholders’ equity    
Series A Preferred Stock; $0.0001 par value, 8.0% Cumulative Perpetual Convertible, $1,000 per share liquidation preference; of the 1,000,000 shares of Preferred Stock authorized, 150,000 shares designated, 103,717 and 101,699 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 86,679 84,631
Class A Common Stock    
Stockholders’ equity    
Common stock 1 1
Class B Common Stock    
Stockholders’ equity    
Common stock $ 3 $ 3

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