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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents [1] $ 16,907 $ 4,474
Accounts receivable, net of allowance for doubtful accounts of $1.9 million as of September 30, 2016 and December 31, 2015, respectively 79,744 59,936
Accounts receivable—affiliates 2,836 1,840
Inventory 3,725 3,665
Fair value of derivative assets 1,536 605
Customer acquisition costs, net 15,565 13,389
Customer relationships, net 19,042 6,627
Prepaid assets [2] 1,515 700
Deposits 8,158 7,421
Other current assets 10,717 4,023
Total current assets 159,745 102,680
Property and equipment, net 4,866 4,476
Fair value of derivative assets 318 0
Customer acquisition costs, net 4,531 3,808
Customer relationships, net 24,478 6,802
Non-current deferred tax assets 56,101 23,380
Goodwill 79,556 18,379
Other assets 8,136 2,709
Total assets 337,731 162,234
Current liabilities:    
Accounts payable 34,964 29,732
Accounts payable—affiliates 2,598 1,962
Accrued liabilities 31,744 12,245
Fair value of derivative liabilities 13,762 10,620
Current portion of Senior Credit Facility 49,269 27,806
Contingent consideration for acquisitions - current 11,325 500
Current portion of note payable 13,445 0
Other current liabilities 3,662 1,323
Total current liabilities 160,769 84,188
Long-term liabilities:    
Fair value of derivative liabilities 1,467 618
Long-term payable pursuant to tax receivable agreement—affiliates 50,625 20,713
Long-term portion of Senior Credit Facility 0 14,592
Non-current deferred tax liability 0 853
Convertible subordinated notes to affiliate 6,542 6,339
Contingent consideration for acquisitions 7,611 0
Other long-term liabilities 0 1,612
Total liabilities 227,014 128,915
Commitments and contingencies (Note 11)
Preferred stock, par value $0.01 per share, 20,000,000 shares authorized, zero issued and outstanding at September 30, 2016 and December 31, 2015 0 0
Additional paid-in capital 23,476 12,565
Accumulated other comprehensive loss (33) 0
Retained deficit (681) (1,366)
Total stockholders' equity 22,930 11,338
Non-controlling interest in Spark HoldCo, LLC 87,787 21,981
Total equity 110,717 33,319
Total liabilities and stockholders' equity 337,731 162,234
Common Class A    
Common stock 65 31
Common Class B    
Common stock $ 103 $ 108
[1] Financial information has been recast to include results attributable to the acquisition of the Major Energy Companies from an affiliate on August 23, 2016. See Notes 2 and 3 "Basis of Presentation" and "Acquisitions," respectively, for further discussion.
[2] Prepaid assets includes prepaid assets—affiliates of less than $1 and $210 as of September 30, 2016 and December 31, 2015, respectively. See Note 12 "Transaction with Affiliates" for further discussion.