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Oil And Gas Properties (Q3)
 9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Oil And Gas Properties [Abstract]    
Oil And Gas Properties
(5)  Oil and Gas Properties

The following table sets forth information concerning the Company’s oil and gas properties (in thousands):

  
September 30,
2020
  
December 31,
2019
 
Oil and gas properties
 
$
6,685
  
$
6,751
 
Unevaluated properties
  
—
   
—
 
Accumulated depreciation, depletion, and amortization
  
(2,771
)
  
(2,366
)
Oil and gas properties, net
 
$
3,914
  
$
4,385
 

The Company recorded depletion expense of $405,000 and $504,000 for the nine months ended September 30, 2020 and 2019, respectively.  During the nine months ended September 30, 2019, the Company also recorded in “Accumulated depreciation, depletion, and amortization” a $4,000 gain on asset retirement obligations.
4. Oil and Gas Properties

The following table sets forth information concerning the Company’s oil and gas properties: (in thousands):

  
December 31,
 
  
2019
  
2018
 
Oil and gas properties
 
$
6,751
  
$
6,503
 
Unevaluated properties
  
—
   
23
 
Accumulated depreciation, depletion and amortization
  
(2,366
)
  
(1,722
)
Oil and gas properties, net
 
$
4,385
  
$
4,804
 

During the years ended December 31, 2019 and 2018, the Company recorded depletion expense of $637,000 and $722,000, respectively.