Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income tax expense consists of the following (in thousands):



	Year ended December 31,
	2019		2018
Current:
Federal	$	(1,900)	$	—
State	1,921		305
Total	$	21	$	305
Deferred:
Federal	$	—	$	(74)
State	—		(4)
Total	—		(78)
Total income tax expense	$	21	$	227

Reconciliation Between Federal Statutory Rate and Income (Benefit) Expense

Reconciliation between the amount determined by applying the U.S. Federal corporate rate of 21% to income before income taxes (benefit) for the years ended December 31, 2019 and 2018 is as follows (in thousands):



	Year ended December 31,
	2019		2018
Income tax benefit at federal statutory rate	$	(19,190)	$	(30,318)
Meals and entertainment	674		707
State taxes, net of federal benefit	580		(2,250)
Changes in Valuation Allowance	15,824		28,167

Equity Compensation Shortfall	2,601		2,644
Tax Basis Adjustments	—		41

Change in Estimates & Other	(468)		1,236
Total	$	21	$	227

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are as follows (in thousands):



	Year ended December 31,
	2019		2018
Deferred tax assets:
Operating loss carryforward	$	205,367	$	178,657
Goodwill and intangibles	19,350		23,088
Interest Expense Limitation	16,721		10,722
Accrued liabilities	11,139		11,804
Operating Lease - Lease Liability	3,299		—
Deferred compensation	2,889		4,028
Asset retirement obligation	2,344		589
Inventory	972		265
Deferred Debt Costs	902		1,680
Receivables allowance	500		418
Valuation Allowances	(210,808)		(174,497)
Total deferred tax assets	$	52,675	$	56,754
Deferred tax liabilities:
Property and equipment	$	(48,980)	$	(55,901)
Operating Lease - ROU Asset	(3,299)		—
Prepaid expenses	(396)		(853)
Total deferred tax liabilities	$	(52,675)	$	(56,754)
Net deferred tax liability	$	—	$	—