Quarterly report pursuant to Section 13 or 15(d)

Organization and Accounting Policies (Tables)

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

As of September 30,

2020

2019

(in thousands)

Cash and cash equivalents

$

41,986

$

57,227

Restricted cash - current

82

769

Restricted cash - non-current

925

924

Abandonment funding

11,885

11,112

Total cash, cash equivalents and restricted cash

$

54,878

$

70,032

Rollforward of Aggregate Allowance for Bad Debt

Three Months Ended September 30,

Nine Months Ended September 30,

2020

2019

2020

2019

(in thousands)

Allowance for bad debt

Balance at beginning of period

$

(1,904)

$

(1,876)

$

(1,508)

$

(2,535)

Bad debt charge

(151)

(54)

(1,140)

(30)

Adjustment associated with reversal of allowance on Mutamba receivable

593

Adjustment associated with settlement of customs audit

623

Foreign currency gain

53

65

Balance at end of period

$

(2,055)

$

(1,877)

$

(2,055)

$

(1,877)

Assets and Liabilities Measured on Recurring Basis

As of September 30, 2020

Balance Sheet Line

Level 1

Level 2

Level 3

Total

(in thousands)

Liabilities

SARs liability

Accrued liabilities

$

$

823

$

$

823

SARs liability

Other long-term liabilities

43

43

$

$

866

$

$

866

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