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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | 1 Months Ended | 2 Months Ended | 3 Months Ended | 9 Months Ended |  |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Oct. 31, 2019 | Dec. 31, 2019 | Sep. 30, 2020 | Sep. 30, 2019 | Sep. 30, 2020 | Sep. 30, 2019 | Jun. 30, 2020 | Mar. 31, 2020 | Oct. 02, 2019 | Oct. 01, 2019 | Jun. 30, 2019 | Mar. 31, 2019 | Dec. 31, 2018
CONDENSED CONSOLIDATED BALANCE SHEETS |  |  |  |  |  |  |  |  |  |  |  |  |
Financial Designation, Predecessor and Successor [Fixed List] | Successor | Successor | Successor | Predecessor | Successor | Predecessor |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ 5,701 | $ 1,827 |  | $ 1,827 |  |  |  | $ 15,546 | $ 15,546 |  |  |
Accounts receivable, net |  | 48,504 | 26,053 |  | 26,053 |  |  |  | 37,826 |  |  |  |
Assets from derivative contracts |  | 4,995 | 18,996 |  | 18,996 |  |  |  | 15,310 |  |  |  |
Restricted cash |  | 4,574 |  |  |  |  |  |  |  |  |  |  |
Prepaids and other |  | 7,379 | 2,326 |  | 2,326 |  |  |  | 10,290 |  |  |  |
Total current assets |  | 71,153 | 49,202 |  | 49,202 |  |  |  | 92,811 |  |  |  |
Oil and natural gas properties (full cost method): |  |  |  |  |  |  |  |  |  |  |  |  |
Evaluated |  | 420,609 | 520,453 |  | 520,453 |  |  |  | 380,364 |  |  |  |
Unevaluated |  | 105,009 | 80,540 |  | 80,540 |  |  |  | 108,954 |  |  |  |
Gross oil and natural gas properties |  | 525,618 | 600,993 |  | 600,993 |  |  |  | 489,318 |  |  |  |
Less - accumulated depletion |  | (19,474) | (254,849) |  | (254,849) |  |  |  |  |  |  |  |
Net oil and natural gas properties |  | 506,144 | 346,144 |  | 346,144 |  |  |  | 489,318 |  |  |  |
Other operating property and equipment: |  |  |  |  |  |  |  |  |  |  |  |  |
Other operating property and equipment |  | 3,655 | 3,490 |  | 3,490 |  |  |  | 3,655 |  |  |  |
Less - accumulated depreciation |  | (378) | (1,020) |  | (1,020) |  |  |  |  |  |  |  |
Net other operating property and equipment |  | 3,277 | 2,470 |  | 2,470 |  |  |  | 3,655 |  |  |  |
Other noncurrent assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Assets from derivative contracts |  | 224 | 9,675 |  | 9,675 |  |  |  | 4,120 |  |  |  |
Operating lease right of use assets |  | 3,165 | 424 |  | 424 |  |  |  | 3,394 |  |  |  |
Other assets |  | 703 | 5,178 |  | 5,178 |  |  |  |  |  |  |  |
Total assets |  | 584,666 | 413,093 |  | 413,093 |  |  |  | 594,436 |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | 97,333 | 56,130 |  | 56,130 |  |  |  | 115,305 |  |  |  |
Liabilities from derivative contracts |  | 8,069 | 9,055 |  | 9,055 |  |  |  | 6,829 |  |  |  |
Current portion of long-term debt, net |  |  | 1,401 |  | 1,401 |  |  |  |  |  |  |  |
Operating lease liabilities |  | 923 | 657 |  | 657 |  |  |  | 913 |  |  |  |
Asset retirement obligations |  | 109 |  |  |  |  |  |  |  |  |  |  |
Total current liabilities |  | 106,434 | 67,243 |  | 67,243 |  |  |  | 123,047 |  |  |  |
Long-term debt, net |  | 144,000 | 178,808 |  | 178,808 |  |  |  | 130,000 |  |  |  |
Other noncurrent liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |
Liabilities from derivative contracts |  | 4,854 | 3,292 |  | 3,292 |  |  |  | 1,625 |  |  |  |
Asset retirement obligations |  | 10,481 | 10,960 |  | 10,960 |  |  |  | 10,153 |  |  |  |
Operating lease liabilities |  | 2,247 |  |  |  |  |  |  | 2,482 |  |  |  |
Commitments and contingencies (Note 12) |  |  |  |  |  |  |  |  |  |  |  |  |
Stockholders' equity: |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock: 100,000,000 shares of $0.0001 par value authorized;16,203,967 and 16,203,940 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively |  | 2 | 2 |  | 2 |  |  |  | 2 |  |  |  |
Additional paid-in capital |  | 327,108 | 329,198 |  | 329,198 |  |  |  | 327,127 |  |  |  |
Retained earnings (accumulated deficit) |  | (10,460) | (176,410) |  | (176,410) |  |  |  |  |  |  |  |
Total stockholders' equity |  | 316,650 | 152,790 | $ 148,431 | 152,790 | $ 148,431 | $ 305,171 | $ 431,577 | 327,129 | $ 30,477 | $ 214,157 | $ 853,663 | $ 1,197,044
Total liabilities and stockholders' equity |  | $ 584,666 | $ 413,093 |  | $ 413,093 |  |  |  | $ 594,436 |  |  |  |

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