Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 11,868 $ 13,020
Accounts receivable, net of allowance for credit losses 66,371 45,849
Derivative Asset, Current 13,093 75,506
Prepaid and other current assets 19,547 19,045
Total current assets 110,879 153,420
Property and equipment, net (full cost method) 792,077 723,549
Derivative Asset, Noncurrent 5,269 25,449
Other assets 4,906 4,908
Total assets 913,131 907,326
Current liabilities    
Accounts payable and accrued liabilities 99,950 63,089
Derivative liabilities 44,328 85,106
Long-term Debt, Current Maturities 7,500 0
Total current liabilities 151,778 148,195
Deferred income taxes 397 0
Derivative liabilities 14,914 28,434
Other Liabilities, Noncurrent 8,337 8,362
Long-term debt, net 363,562 509,497
Commitments and contingencies (Note 12)
Equity    
Preferred stock of $0.01 par value – 5,000,000 shares authorized; 225,481.09 and none issued at March 31, 2021 and December 31, 2020, respectively 2 0
Common stock of $0.01 par value – 45,000,000 shares authorized; 15,309,821 and 15,200,435 shares issued as of March 31, 2021 and December 31, 2020, respectively 153 152
Paid-in capital 155,164 203,463
Retained earnings (Accumulated deficit) (4,218) 9,354
Accumulated other comprehensive loss (130) (131)
Noncontrolling interest 223,172 0
Total equity 374,143 212,838
Total liabilities and equity $ 913,131 $ 907,326