Balance Sheet

v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 7,487 $ 6,761
Accounts receivable, net of allowance for doubtful accounts 48,096 29,095
Derivative assets 6,140 0
Other current assets 3,115 3,028
Total current assets 64,838 38,884
Property and equipment, net (full cost method) 486,060 247,473
Derivative assets 2,520 0
Other assets 8,823 5,329
Total assets 562,241 291,686
Current liabilities    
Accounts payable and accrued liabilities 62,236 49,697
Derivative liabilities 13,634 12,932
Total current liabilities 75,870 62,629
Other liabilities 4,631 4,072
Derivative liabilities 4,923 14,437
Long-term debt, net 245,055 25,000
Commitments and contingencies (Note 13)
Shareholders’ equity:    
Preferred stock of $0.01 par value – 5,000,000 shares authorized; none issued 0 0
Common stock of $0.01 par value – 45,000,000 shares authorized; 15,004,270 and 14,992,018 shares issued as of September 30, 2017 and December 31, 2016, respectively 150 150
Paid-in capital 193,372 190,621
Retained earnings (accumulated deficit) 38,167 (5,296)
Accumulated other comprehensive income 73 73
Total shareholders’ equity 231,762 185,548
Total liabilities and shareholders’ equity $ 562,241 $ 291,686

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