Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 35,258 $ 13,020
Accounts receivable, net of allowance for credit losses 87,773 45,849
Derivative Asset, Current 4,909 75,506
Prepaid and other current assets 8,532 19,045
Total current assets 151,911 153,420
Restricted Cash, Current 15,439  
Property and equipment, net (full cost method) 864,878 723,549
Restricted Cash, Noncurrent 396,072 0
Derivative Asset, Noncurrent 2,152 25,449
Other assets 4,304 4,908
Total assets 1,419,317 907,326
Current liabilities    
Accounts payable and accrued liabilities 152,330 63,089
Derivative liabilities 63,089 85,106
Long-term Debt, Current Maturities 7,500 0
Total current liabilities 222,919 148,195
Deferred income taxes 837 0
Derivative liabilities 21,416 28,434
Other Liabilities, Noncurrent 8,227 8,362
Long-term debt, net 739,328 509,497
Equity    
Preferred stock of $0.01 par value – 5,000,000 shares authorized; 225,489.98 and none issued at September 30, 2021 and December 31, 2020, respectively 2 0
Common stock of $0.01 par value – 110,000,000 shares authorized; 15,330,598 and 15,200,435 shares issued as of September 30, 2021 and December 31, 2020, respectively 153 152
Paid-in capital 156,950 203,463
Retained earnings 16,214 9,354
Accumulated other comprehensive loss (130) (131)
Total equity 173,189 212,838
Noncontrolling interest 253,401 0
Total equity 426,590 212,838
Total liabilities and shareholders’ equity $ 1,419,317 $ 907,326