Annual report pursuant to Section 13 and 15(d)

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details)

v3.20.4
Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Deferred tax assets:      
Net operating loss carryforward $ 392,318 $ 269,851 $ 164,363
Oil and gas property basis difference 463,705 289,850 3,595
Investment in pass through entities 61,078 58,951 8,620
Stock-based compensation expense 1,223 1,440 616
Business energy investment tax credit 370 370 369
Charitable contributions carryover 318 297 269
Change in fair value of derivative instruments 7,656 11,219 2,761
Foreign tax credit carryforwards 523 943 2,009
Accrued liabilities 868 669 834
ARO liability 13,414 12,744 16,923
Non-oil and gas property basis difference 0 0 104
Lease liability 72 12,128 0
Reorganization items 25,714 0 0
State net operating loss carryover 22,191 13,258 11,526
Interest expense carryforward 0 23,818 0
Total deferred tax assets 989,450 695,538 211,989
Valuation allowance for deferred tax assets (985,528) (647,575) (211,987)
Deferred tax assets, net of valuation allowance 3,922 47,963 2
Deferred tax liabilities:      
Non-oil and gas property basis difference 575 1,859 0
Change in fair value of derivative instruments 3,272 26,410 2
Right of use asset 72 12,128 0
Other 3 3 0
Total deferred tax liabilities 3,922 40,400 2
Net deferred tax asset $ 0 $ 7,563 $ 0