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Supplemental Disclosures to the Balance Sheets and Statements of Cash Flows (Tables) | 12 Months Ended
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Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Other Current Assets | Other current assets reported on the balance sheets included the following:
| Berry Corp. (Successor)
| December 31, 2019 |  | December 31, 2018
| (in thousands)
Prepaid expenses | $ | 4,577 |  |  | $ | 4,656 |
Materials and supplies | 10,544 |  |  | 5,461 |
Oil inventories | 3,432 |  |  | 3,786 |
Other | 846 |  |  | 464 |
Other current assets | $ | 19,399 |  |  | $ | 14,367 |
Schedule of Accounts Payable and Accrued Expenses | Accounts payable and accrued expenses on the balance sheets included the following:
| Berry Corp. (Successor)
| December 31, 2019 |  | December 31, 2018
| (in thousands)
Accounts payable-trade | $ | 25,475 |  |  | $ | 13,564 |
Accrued expenses | 45,589 |  |  | 66,417 |
Royalties payable | 25,385 |  |  | 26,189 |
Taxes other than income tax liability | 9,150 |  |  | 10,766 |
Accrued interest | 10,500 |  |  | 10,500 |
Dividends payable | 9,888 |  |  | 9,992 |
Asset retirement obligation - current portion | 25,208 |  |  | 6,372 |
Other | 616 |  |  | 318 |
Total accounts payable and accrued expenses | $ | 151,811 |  |  | $ | 144,118 |
Supplemental Cash Flow Information | Supplemental disclosures to the statements of cash flows are presented below:
| Berry Corp. (Successor) |  |  | Berry LLC (Predecessor)
| Year Ended December 31, 2019 |  | Year Ended December 31, 2018 |  | Ten Months Ended December 31, 2017 |  |  | Two Months Ended February 28, 2017
| (in thousands)
Supplemental Disclosures of Significant Non-Cash Investing Activities: |  |  |  |  |  |  |  |
Material inventory transfers to oil and natural gas properties | $ | 10,056 |  |  | $ | 2,371 |  |  | $ | — |  |  |  | $ | — |
Supplemental Disclosures of Cash Payments (Receipts): |  |  |  |  |  |  |  |
Interest, net of amounts capitalized | $ | 30,720 |  |  | $ | 19,761 |  |  | $ | 14,276 |  |  |  | $ | 8,057 |
Income taxes | $ | (2 | ) |  | $ | (1,901 | ) |  | $ | 1,994 |  |  |  | $ | — |
Reorganization items, net | $ | — |  |  | $ | 832 |  |  | $ | 1,732 |  |  |  | $ | 11,838 |
The following table provides a reconciliation of cash, cash equivalents and restricted cash as reported in the consolidated statements of cash flows to the line items within the consolidated balance sheets:
| Berry Corp. (Successor) |  |  | Berry LLC (Predecessor)
| Year Ended December 31, 2019 |  | Year Ended December 31, 2018 |  | Ten Months Ended December 31, 2017 |  |  | Two Months Ended February 28, 2017
| (in thousands)
Beginning of Period |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 68,680 |  |  | $ | 33,905 |  |  | $ | 32,049 |  |  |  | $ | 30,483 |
Restricted cash | — |  |  | 34,833 |  |  | 52,860 |  |  |  | 197,793 |
Restricted cash in other noncurrent assets | — |  |  | — |  |  | 125 |  |  |  | 128 |
Cash, cash equivalents and restricted cash | $ | 68,680 |  |  | $ | 68,738 |  |  | $ | 85,034 |  |  |  | $ | 228,404 |
Ending of Period |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 68,680 |  |  | $ | 33,905 |  |  |  | $ | 32,049 |
Restricted cash | — |  |  | — |  |  | 34,833 |  |  |  | 52,860 |
Restricted cash in other noncurrent assets | — |  |  | — |  |  | — |  |  |  | 125 |
Cash, cash equivalents and restricted cash | $ | — |  |  | $ | 68,680 |  |  | $ | 68,738 |  |  |  | $ | 85,034 |

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- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. + References No definition available. + Details
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