PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2019

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Prepaid Expenses and Other Current Assets

The components of prepaid expenses and other current assets consist of the following (in thousands):

	December 31,
	2019		2018
Prepaid expenses	$	1,234	$	2,279
Deposits	364		1,336
Future proceeds from sale of Magellan Petroleum UK (Note 5)	1,384		—
Tradable equity securities (Note 5)	5,069		—
Derivative asset, net - current (Note 8)	3,121		—
Other current assets	126		291
Total prepaid expenses and other current assets	$	11,298	$	3,906