Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents		$ 25,188	$ 12,145
Restricted cash		0	569
Accounts receivable, net of allowance for credit losses of $4,265 and $3,783 at March 31, 2021 and December 31, 2020, respectively		59,863	57,846
Current income taxes receivable		34	1,150
Prepaid expenses and other		8,444	11,212
Total current assets		93,529	82,922
Oil and natural gas properties on the full cost method:
Proved properties		240,285	238,581
Unproved properties not being amortized		49	1,591
Drilling equipment		63,764	63,687
Gas gathering and processing equipment		252,463	251,404
Land and building		32,635	32,635
Transportation equipment		3,335	3,130
Other		8,667	9,961
Property, plant, and equipment, gross		601,198	600,989
Less accumulated depreciation, depletion, amortization, and impairment		71,921	54,189
Net property and equipment		529,277	546,800
Right of use asset (Note 13)		4,443	5,592
Other assets		15,616	14,389
Total assets	[1]	642,865	649,703
Current liabilities:
Accounts payable		34,552	37,368
Accrued liabilities (Note 7)		23,108	25,204
Current operating lease liability (Note 13)		3,648	4,075
Current portion of long-term debt (Note 8)		800	600
Current derivative liabilities (Note 11)		14,022	1,047
Warrant liability (Note 12)		885	885
Current portion of other long-term liabilities (Note 8)		10,418	11,168
Total current liabilities		87,433	80,347
Long-term debt (Note 8)		78,200	98,400
Non-current derivative liabilities (Note 11)		11,211	4,659
Operating lease liability (Note 13)		741	1,445
Other long-term liabilities (Note 8)		40,188	39,259
Commitments and contingencies (Note 14)
Shareholders' equity:
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued		0	0
Common stock, $0.01 par value, 25,000,000 shares authorized, 12,000,000 shares issued as of March 31, 2021 and December 31, 2020		120	120
Capital in excess of par value		197,316	197,242
Retained deficit		(20,077)	(18,140)
Total shareholders’ equity attributable to Unit Corporation		177,359	179,222
Non-controlling interests in consolidated subsidiaries		247,733	246,371
Total shareholders' equity		425,092	425,593
Total liabilities and shareholders' equity	[1]	$ 642,865	$ 649,703
Preferred stock, par value		$ 0.01	$ 0.01
Preferred stock, shares authorized		1,000,000	1,000,000
Preferred stock, shares issued		0	0
Common stock, par value		$ 0.01	$ 0.01
Common stock, shares authorized		25,000,000	25,000,000
Common stock, shares issued		12,000,000	12,000,000

[1] Unit Corporation's consolidated total assets as of March 31, 2021 include total current and long-term assets of its variable interest entity (VIE) (Superior Pipeline Company, L.L.C.) of $55.7 million and $239.7 million, respectively, which can only settle obligations of the VIE. Unit Corporation's consolidated total liabilities as of March 31, 2021 include total current and long-term liabilities of the VIE of $29.6 million and $1.7 million, respectively, for which the creditors of the VIE have no recourse to Unit Corporation. Unit Corporation's consolidated total assets as of December 31, 2020 include total current and long-term assets of the VIE of $45.8 million and $247.8 million, respectively, which can only settle obligations of the VIE. Unit Corporation's consolidated total liabilities as of December 31, 2020 include total current and long-term liabilities of the VIE of $28.4 million and $2.6 million, respectively, for which the creditors of the VIE have no recourse to Unit Corporation. See Note 15 – Variable Interest Entity Arrangements.