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Long-Term Debt And Lease Liabilities (Tables)
3 Months Ended
Mar. 31, 2019
Long-Term Debt And Lease Liabilities [Abstract]  
Schedule Of Long-term Debt To Unrelated Entites



 

 

 

 

 

 



 

 

 

 

 

 



 

March 31,

 

December 31,



 

2019

 

2018

Note payable to a financial institution, with interest only payment until maturity

 

$

 —

 

$

 —

Installment notes bearing interest at the rate of 5.0% to 6.5% per annum collateralized by vehicles with monthly payments including interest, insurance and maintenance of approximately $5

 

 

 —

 

 

124 

Total debt

 

 

 —

 

 

124 

Less current maturities

 

 

 —

 

 

(51)

Long-term debt, less current maturities

 

$

 —

 

$

73 



Components Of Lease Cost



 

 

 

 

 

 



 

 

 

 



 

 

 

 



 

 

 



Income Statement Account

 

March 31, 2019



 

 

 

Operating lease cost:

 

 

 

 



Production costs and taxes

 

$



General and administrative

 

 

12 

Total operating lease cost

 

 

$

15 



 

 

 

 

Finance lease cost:

 

 

 

 

     Amortization of right of use assets

Depreciation, depletion and amortization

 

$

21 

     Interest on lease liabilities

Net interest expense

 

 

Total finance lease cost

 

 

$

22 



Supplemental Cash Flow Information Related To Leases



 

 

 

 

 

 



 

 

 

 



 

 

 

 



 

 

 



 

 

March 31, 2019



 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

     Operating cash flows from operating leases

 

 

$

15 

     Operating cash flows from finance leases

 

 

 

     Finance cash flows from finance leases

 

 

 

12 



 

 

 

 

Right of use assets obtained in exchange for lease obligations:

 

 

 

 

     Operating leases

 

 

 

98 



Supplemental Balance Sheet Information Related To Leases



 

 

 

 

 

 



 

 

 

 



 

 

 

 



 

 

 



 

 

March 31, 2019

Operating Leases

 

 

 



 

 

 

Right of use asset – operating leases

 

 

$

84 



 

 

 

 

Lease liabilities - current

 

 

$

59 

Lease liabilities - noncurrent

 

 

 

25 

     Total operating lease liabilities

 

 

$

84 



 

 

 

 

Finance Leases

 

 

 

 



 

 

 

 

Other property and equipment, gross

 

 

$

293 

Accumulated depreciation

 

 

 

(124)

     Other property and equipment, net

 

 

$

169 



 

 

 

 

Lease liabilities - current

 

 

$

77 

Lease liabilities - noncurrent

 

 

 

35 

     Total finance lease liabilities

 

 

$

112 



Schedule Of Weighted Average Remaining Lease Term And Discount Rate



 

 

 

 

 

 



 

 

 

 

 

 



 

 

 

 

 

 



 

 

 

 



 

Operating Leases

 

Finance Leases



 

 

 

 

Weighted average remaining lease term

 

 

 1.4 years

 

 

 1.4 years

Weighted average discount rate

 

 

6.0% 

 

 

5.7% 



Maturity Analysis For Operating and Finance Lease Liabilities



 

 

 

 

 

 



 

 

 

 

 

 



 

 

 

 

 

 



 

 

 

 



 

Operating Leases

 

Finance Leases



 

 

 

 

2019 (April 2019 – December 2019)

 

$

46 

 

$

65 

2020

 

 

42 

 

 

37 

2021

 

 

-

 

 

16 

     Total lease payments

 

 

88 

 

 

118 

Less imputed interest

 

 

(4)

 

 

(6)

     Total

 

$

84 

 

$

112