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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 78,485 $ 91,877
Accounts receivable, net of allowance for doubtful accounts of $225 and $206, respectively 73,561 71,813
Inventory 16,066 7,671
Fair value contracts 153 0
Income tax receivable 2,474 2,587
Prepayments 4,159 2,589
Total current assets 174,898 176,537
Property and Equipment    
Marketing 56,284 65,200
Transportation 70,525 70,732
Oil and gas (successful efforts method) 66,447 77,117
Other 108 187
Property and equipment 193,364 213,236
Less - Accumulated depreciation, depletion and amortization (143,848) (153,521)
Net property and equipment 49,516 59,715
Other Assets:    
Investments 2,500 0
Cash deposits and other 5,997 6,963
Total assets 232,911 243,215
Current Liabilities:    
Accounts payable 64,056 74,117
Accounts payable - related party 75 40
Fair value contracts 43 195
Accrued and other liabilities 7,129 5,845
Total current liabilities 71,303 80,197
Other Liabilities:    
Asset retirement obligations 2,351 2,469
Deferred taxes and other liabilities 6,850 8,039
Total liabilities 80,504 90,705
Commitments and Contingencies (Note 5)
Shareholders' Equity:    
Preferred stock - $1.00 par value, 960,000 shares authorized, none outstanding 0 0
Common stock - $.10 par value, 7,500,000 shares authorized, 4,217,596 shares outstanding 422 422
Contributed capital 11,693 11,693
Retained earnings 140,292 140,395
Total shareholders' equity 152,407 152,510
Liabilities and shareholders' equity $ 232,911 $ 243,215