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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 64,957 $ 118,333
Restricted cash 743 744
Total cash, cash equivalents, and restricted cash 65,700 119,077
Trade accounts receivable 128,123 121,831
Inventories 296,267 345,357
Prepaid and other current assets 98,137 17,279
Total current assets 588,227 603,544
Property and equipment    
Property, plant, and equipment 566,257 529,238
Proved oil and gas properties, at cost, successful efforts method of accounting 400 400
Total property and equipment 566,657 529,638
Less accumulated depreciation and depletion (87,691) (79,622)
Property and equipment, net 478,966 450,016
Long-term assets    
Investment in Laramie Energy, LLC 132,768 127,192
Intangible assets, net 25,940 26,604
Goodwill 152,884 107,187
Other long-term assets 29,340 32,864
Total assets 1,408,125 1,347,407
Current liabilities    
Obligations under inventory financing agreements 383,806 363,756
Accounts payable 61,096 52,543
Deferred revenue 10,021 9,522
Accrued taxes 19,286 17,687
Other accrued liabilities 34,971 27,444
Total current liabilities 509,180 470,952
Long-term liabilities    
Long-term debt, net of current maturities 386,500 384,812
Common stock warrants 6,063 6,808
Long-term capital lease obligations 6,387 1,220
Other liabilities 36,196 35,896
Total liabilities 944,326 899,688
Commitments and contingencies (Note 12)
Stockholders’ equity    
Preferred stock, $0.01 par value: 3,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized at March 31, 2018 and December 31, 2017, 46,018,511 shares and 45,776,087 shares issued at March 31, 2018 and December 31, 2017, respectively 459 458
Additional paid-in capital 594,189 593,295
Accumulated deficit (132,993) (148,178)
Accumulated other comprehensive income 2,144 2,144
Total stockholders’ equity 463,799 447,719
Total liabilities and stockholders’ equity $ 1,408,125 $ 1,347,407