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Investment in Laramie Energy, LLC (Tables)
 6 Months Ended
Jun. 30, 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):
 
Six Months Ended June 30, 2020
Beginning balance
$
46,905

Equity earnings from Laramie Energy (1)
(1,611
)
Impairment of our investment in Laramie Energy
(45,294
)
Ending balance
$
—


______________________________________________________
(1)
As of June 30, 2020, we have discontinued the application of the equity method of accounting for our investment in Laramie Energy because the book value of such investment has been reduced to zero.
Equity Method Investees Financial Information
Summarized financial information for Laramie Energy is as follows (in thousands):
 
June 30, 2020
 
December 31, 2019
Current assets
$
16,964

 
$
23,367

Non-current assets
375,679

 
393,575

Current liabilities
20,706

 
229,687

Non-current liabilities
283,728

 
85,287

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Natural gas and oil revenues
$
23,545

 
$
43,270

 
$
58,258

 
$
111,194

Income from operations
(8,699
)
 
(8,205
)
 
(7,330
)
 
5,538

Net income (loss)
(14,349
)
 
(2,570
)
 
(13,775
)
 
(5,553
)