Quarterly report pursuant to Section 13 or 15(d)

Organization and Accounting Policies (Tables)

v3.20.2
Organization and Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2020
Organization and Accounting Policies [Abstract]  
Reconciliation of Cash, Cash Equivalents, and Restricted Cash

As of June 30,

2020

2019

(in thousands)

Cash and cash equivalents

$

44,841

$

48,557

Restricted cash - current

1,090

799

Restricted cash - non-current

925

922

Abandonment funding

11,420

11,550

Total cash, cash equivalents and restricted cash

$

58,276

$

61,828

Rollforward Analysis of the Allowance Against Accounts Receivable Balance

Three Months Ended June 30,

Six Months Ended June 30,

2020

2019

2020

2019

(in thousands)

Allowance for bad debt

Balance at beginning of period

$

(1,725)

$

(1,854)

$

(1,508)

$

(2,535)

Bad debt recovery (charge)

(179)

(5)

(989)

24

Adjustment associated with reversal of allowance on Mutamba receivable

593

Adjustment associated with settlement of customs audit

623

Foreign currency gain (loss)

(17)

12

Balance at end of period

$

(1,904)

$

(1,876)

$

(1,904)

$

(1,876)

Assets and Liabilities Measured on Recurring Basis

As of June 30, 2020

Balance Sheet Line

Level 1

Level 2

Level 3

Total

(in thousands)

Liabilities

SARs liability

Accrued liabilities

$

$

1,380

$

$

1,380

SARs liability

Other long-term liabilities

56

56

$

$

1,436

$

$

1,436

As of December 31, 2019

Balance Sheet Line

Level 1

Level 2

Level 3

Total

(in thousands)

Assets

Derivative asset commodity swaps

Prepayments and other

$

$

636

$

$

636

$

$

636

$

$

636

Liabilities

SARs liability

Accrued liabilities

$

$

2,638

$

$

2,638

SARs liability

Other long-term liabilities

852

852

$

$

3,490

$

$

3,490