SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Disaggregation of Revenue

Revenue attributable to each of our identified revenue streams is disaggregated below (in thousands) for the periods following the adoption of ASC 606:

	For the years ended December 31,
	2019		2018
Operating Revenues:
Crude oil sales	$	268,865	$	228,661
Natural gas sales	28,296		22,369
Natural gas liquids sales	16,059		25,627
Oil and gas sales	$	313,220	$	276,657

Schedule of Restricted Cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheets, which sums to the total of such amounts shown in the accompanying consolidated statements of cash flows (in thousands):

	As of December 31,						As of
	2019		2018		2017		April 28, 2017
Cash and cash equivalents	$	11,008	$	12,916	$	12,711	$	70,183
Restricted cash included in other noncurrent assets(1)	87		86		71		64
Total cash, cash equivalents and restricted cash as shown in the statements of cash flows	$	11,095	$	13,002	$	12,782	$	70,247

____________________________

(1) Consists of funds for road maintenance and repairs

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheets, which sums to the total of such amounts shown in the accompanying consolidated statements of cash flows (in thousands):

	As of December 31,						As of
	2019		2018		2017		April 28, 2017
Cash and cash equivalents	$	11,008	$	12,916	$	12,711	$	70,183
Restricted cash included in other noncurrent assets(1)	87		86		71		64
Total cash, cash equivalents and restricted cash as shown in the statements of cash flows	$	11,095	$	13,002	$	12,782	$	70,247

____________________________

(1) Consists of funds for road maintenance and repairs