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Investment in Laramie Energy, LLC (Tables)
3 Months Ended
Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
The change in our equity investment in Laramie Energy is as follows (in thousands):
 
Three Months Ended March 31, 2020
Beginning balance
$
46,905

Equity earnings from Laramie Energy
263

Impairment of our investment in Laramie Energy
(45,294
)
Ending balance
$
1,874


Equity Method Investees Financial Information
Summarized financial information for Laramie Energy is as follows (in thousands):
 
March 31, 2020
 
December 31, 2019
Current assets
$
13,839

 
$
23,367

Non-current assets
385,353

 
393,575

Current liabilities
17,983

 
229,687

Non-current liabilities
278,659

 
85,287

 
Three Months Ended March 31,
 
2020
 
2019
Natural gas and oil revenues
$
34,713

 
$
67,924

Income from operations
1,369

 
13,743

Net income (loss)
574

 
(2,983
)