Assets Held For Sale And Discontinued Operations

6 Months Ended

Jun. 30, 2013

Assets Held For Sale And Discontinued Operations [Abstract]

Assets Held For Sale And Discontinued Operations

(10) Assets Held For Sale and Discontinued Operations

     Assets held for sale represent the carrying value of the pipeline asset of $1.4 million as of June 30, 2013 and December 31, 2102. The determination of the pipeline value was based on discussions and negotiations with a third party regarding the sale of the Pipeline asset.

     The following table summarizes the amounts included in "(Loss) from discontinued operations, net of income tax benefit" presented in the Company's Condensed Consolidated Statements of Operations for the three months and six months ended June 30, 2013 and 2012: (in thousands)

		For the three months ended						For the six months ended
		June 30, 2013			June 30, 2012			June 30, 2013		June 30, 2012
Revenues	$	8		$	8		$	17		$	12
Production costs and taxes		(67	)		(72	)		(139	)		(166	)
Depreciation, depletion, and amortization		-			(44	)		-			(88	)
Deferred income tax benefit		26			43			48			96
(Loss) from discontinued operations, net	$	(33	)	$	(65	)	$	(74	)	$	(146	)
of income tax benefit