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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 10,105 $ 6,761
Accounts receivable, net of allowance for doubtful accounts 42,807 29,095
Derivative assets 2,672 0
Other current assets 3,100 3,028
Total current assets 58,684 38,884
Property and equipment, net (full cost method) 272,461 247,473
Derivative assets 584 0
Other assets 5,423 5,329
Total assets 337,152 291,686
Current liabilities    
Accounts payable and accrued liabilities 59,263 49,697
Derivative liabilities 0 12,932
Total current liabilities 59,263 62,629
Other liabilities 4,103 4,072
Derivative liabilities 90 14,437
Long-term debt 37,000 25,000
Commitments and contingencies (Note 12)
Shareholders’ equity:    
Preferred stock of $0.01 par value – 5,000,000 shares authorized; none issued 0 0
Common stock of $0.01 par value – 45,000,000 shares authorized; 14,992,018 shares issued as of June 30, 2017 and December 31, 2016 150 150
Paid-in capital 192,359 190,621
Retained earnings (accumulated deficit) 44,114 (5,296)
Accumulated other comprehensive income 73 73
Total shareholders’ equity 236,696 185,548
Total liabilities and shareholders’ equity $ 337,152 $ 291,686