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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash $ 64,545 $ 96,505
Restricted cash 19,439 5,977
Accounts receivable    
Oil and natural gas revenues 68,161 65,962
Joint interest billings 61,831 67,225
Other 16,159 8,031
Derivative instruments 49,929 1,190
Lease and well equipment inventory 17,564 5,993
Prepaid expenses and other assets 8,057 6,287
Total current assets 305,685 257,170
Oil and natural gas properties, full-cost method    
Evaluated 3,780,236 3,004,770
Unproved and unevaluated 1,199,511 637,396
Midstream and other property and equipment 450,066 281,096
Less accumulated depletion, depreciation and amortization (2,306,949) (2,041,806)
Net property and equipment 3,122,864 1,881,456
Other assets    
Deferred income taxes 20,457 0
Other assets 6,512 7,064
Total other assets 26,969 7,064
Total assets 3,455,518 2,145,690
Current liabilities    
Accounts payable 66,970 11,757
Accrued liabilities 170,855 174,348
Royalties payable 64,776 61,358
Amounts due to affiliates 13,052 10,302
Derivative instruments 0 16,429
Advances from joint interest owners 10,968 2,789
Amounts due to joint ventures 2,373 4,873
Other current liabilities 1,028 750
Total current liabilities 330,022 282,606
Long-term liabilities    
Borrowings under Credit Agreement 40,000 0
Long-term Line of Credit 220,000  
Borrowings under San Mateo Credit Facility   0
Senior unsecured notes payable 1,037,837 574,073
Asset retirement obligations 29,736 25,080
Derivative instruments 83 0
Deferred income taxes 13,221 0
Other long-term liabilities 4,962 6,385
Total long-term liabilities 1,345,839 605,538
Commitments and contingencies (Note 13)
Shareholders' equity    
Common stock — $0.01 par value, 160,000,000 shares authorized; 116,374,503 and 108,513,597 shares issued; and 116,353,590 and 108,510,160 shares outstanding, respectively 1,164 1,085
Additional paid-in capital 1,924,408 1,666,024
Accumulated deficit (236,277) (510,484)
Treasury stock, at cost, 20,913 and 3,437 shares, respectively (415) (69)
Total shareholders' equity 1,688,880 1,156,556
Non-controlling interest in subsidiaries 90,777 100,990
Total shareholders’ equity 1,779,657 1,257,546
Total liabilities and shareholders’ equity $ 3,455,518 $ 2,145,690