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Accounts Receivable (Tables)
6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
Schedule of Accounts Receivable
The following table sets forth the Company’s accounts receivable, net:
June 30, 2020December 31, 2019
 (In thousands)
Trade accounts$125,147  $276,629  
Joint interest accounts65,222  82,112  
Other accounts13,238  13,699  
Total203,607  372,440  
Allowance for credit losses(1)
(2,093) (1,259) 
Total accounts receivable, net$201,514  $371,181  
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(1)Upon adoption of ASU 2016-13, the Company recognized a cumulative-effect adjustment to retained earnings (accumulated deficit) of $0.4 million to increase its allowance for expected credit losses. Prior period amounts are not adjusted and continue to be reported in accordance with the previous guidance.