Discontinued Operations

9 Months Ended

Sep. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

DISCONTINUED OPERATIONS:

On November 28, 2017, CNX announced that it had completed the tax-free spin-off of its coal business resulting in two independent, publicly traded companies: (i) a coal company, CONSOL Energy, formerly known as CONSOL Mining Corporation and (ii) CNX, a natural gas exploration and production company. Following the separation, CONSOL Energy and its subsidiaries hold the coal assets previously held by CNX, including its Pennsylvania Mining Complex, Baltimore Marine Terminal, its direct and indirect ownership interest in CONSOL Coal Resources LP, formerly known as CNX Coal Resources LP, and other related coal assets previously held by CNX. As of the close of business on November 28, 2017, CNX's shareholders received one share of CONSOL Energy common stock for every eight shares of CNX's common stock held as of November 15, 2017. The coal business has been reclassified to discontinued operations for all periods presented.

The following table details selected financial information for the divested business included within discontinued operations:

	For the Three Months Ended			For the Nine Months Ended
	September 30, 2017			September 30, 2017
Coal Revenue	$	279,245		$	899,400
Other Outside Sales	15,065			42,806
Freight-Outside Coal	21,803			51,847
Miscellaneous Other Income	19,365			45,696
(Loss) Gain on Sale of Assets	(513		)	13,024
Total Revenue and Other Income	$	334,965		$	1,052,773
Total Costs	322,592			928,212
Income from Operations Before Income Taxes	$	12,373		$	124,561
Income Tax Expense	16,228			18,895
Less: Net Income Attributable to Noncontrolling Interest	790			10,567
(Loss) Income from Discontinued Operations, net	$	(4,645	)	$	95,099

There were no remaining major classes of assets or liabilities of discontinued operations at September 30, 2018 and December 31, 2017.