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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash $ 40,024 $ 64,545
Restricted cash 25,104 19,439
Accounts receivable    
Oil and natural gas revenues 95,228 68,161
Joint interest billings 67,546 61,831
Other 26,639 16,159
Derivative instruments 0 49,929
Lease and well equipment inventory 10,744 17,564
Prepaid expenses and other current assets 13,207 8,057
Total current assets 278,492 305,685
Oil and natural gas properties, full-cost method    
Evaluated 4,557,265 3,780,236
Unproved and unevaluated 1,126,992 1,199,511
Midstream properties 643,903 428,025
Midstream properties 27,021 22,041
Less accumulated depletion, depreciation and amortization (2,655,586) (2,306,949)
Net property and equipment 3,699,595 3,122,864
Other assets    
Deferred income taxes 0 20,457
Other long-term assets 91,589 6,512
Total other assets 91,589 26,969
Total assets 4,069,676 3,455,518
Current liabilities    
Accounts payable 25,230 66,970
Accrued liabilities 200,695 170,855
Royalties payable 85,193 64,776
Amounts due to affiliates 19,606 13,052
Derivative instruments 1,897 0
Advances from joint interest owners 14,837 10,968
Amounts due to joint ventures 486 2,373
Other current liabilities 51,828 1,028
Total current liabilities 399,772 330,022
Long-term liabilities    
Borrowings under Credit Agreement 255,000 40,000
Borrowings under San Mateo Credit Facility 288,000 220,000
Senior unsecured notes payable 1,039,416 1,037,837
Asset retirement obligations 35,592 29,736
Derivative instruments 1,984 83
Deferred income taxes 37,329 13,221
Other long-term liabilities 43,131 4,962
Total long-term liabilities 1,700,452 1,345,839
Shareholders' equity    
Common stock — $0.01 par value, 160,000,000 shares authorized; 116,644,246 and 116,374,503 shares issued; and 116,642,899 and 116,353,590 shares outstanding, respectively 1,166 1,164
Additional paid-in capital 1,981,014 1,924,408
Accumulated deficit (148,500) (236,277)
Treasury stock, at cost, 1,347 and 20,913 shares, respectively (26) (415)
Total shareholders' equity 1,833,654 1,688,880
Non-controlling interest in subsidiaries 135,798 90,777
Total shareholders’ equity 1,969,452 1,779,657
Total liabilities and shareholders’ equity $ 4,069,676 $ 3,455,518