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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 9,753 $ 5,206
Accounts receivable, net 26,893 35,834
Inventories 1,181 2,325
Assets held for sale 5,014 8,740
Prepaid expenses and other current assets 4,803 4,640
Total current assets 47,644 56,745
Property, plant and equipment, net 437,505 457,530
Other long-term assets, net 2,754 2,726
Total assets 487,903 517,001
Liabilities    
Current portion of long-term debt 3,268 3,685
Accounts payable 14,981 22,674
Accrued liabilities 12,958 16,368
Merger consideration payable to an affiliate 2,932 3,022
Current portion of contingent consideration 2,814 2,814
Total current liabilities 36,953 48,563
Long-term debt 145,291 134,941
Deferred income taxes, net 610 652
Other long-term liabilities 1,198 1,249
Total liabilities 184,052 185,405
Commitments and contingencies (Note 13)
Stockholders’ equity    
Common stock, $0.01 par value, 50,000,000 shares authorized; 3,888,137 and 3,876,196 shares issued, respectively, and 3,809,548 and 3,812,050 shares outstanding, respectively 38 38
Additional paid-in capital 506,375 505,831
Accumulated deficit (198,649) (170,426)
Treasury stock, at cost, 78,589 shares and 64,146 shares, respectively (3,913) (3,847)
Total stockholders’ equity 303,851 331,596
Total liabilities and stockholders’ equity $ 487,903 $ 517,001