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DISCONTINUED OPERATIONS
 12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS
DISCONTINUED OPERATIONS

As disclosed in Note 2, in June 2015, we completed the sale of substantially all of our assets associated with our one remaining precast concrete operation in Pennsylvania. We sold the operation's fixed assets and inventory for net proceeds of $0.3 million in cash and a promissory note of $1.2 million, net of a $0.1 million discount, and recorded a pre-tax loss on the transaction of $0.2 million. The pre-tax loss is included in discontinued operations in the accompanying condensed consolidated statements of operations.

During 2014, we completed the sale of our remaining owned assets related to our California precast operations disposed of in 2012. We sold land and a building for net proceeds of $1.5 million in cash and recorded a pre-tax gain on the transaction of $0.6 million. Also in 2014, we recorded an impairment loss on long-lived assets of $0.9 million related to our Pennsylvania precast concrete operation as the carrying value exceeded the net realizable value of the related long-lived assets. The pre-tax gain on disposal of assets and the loss on impairment of long-lived assets are included in discontinued operations for the year ended December 31, 2014.

We have presented the results of operations for these units for all periods as discontinued operations in the accompanying consolidated statements of operations.

The results of these discontinued operations were as follows (in thousands):
 
 
Years Ended December 31,
 
 
2015
 
2014
 
2013
Revenue
 
$
5,523

 
$
8,920

 
$
16,914

Depreciation, depletion and amortization, or DD&A
 
—

 
—

 
(148
)
Operating expenses, excluding DD&A, and other income
 
(5,830
)
 
(9,481
)
 
(18,448
)
Loss from discontinued operations
 
(307
)
 
(561
)
 
(1,682
)
(Loss) gain on disposal of assets
 
(193
)
 
640

 
(219
)
Loss on impairment of long-lived assets
 
—

 
(900
)
 
—

Loss from discontinued operations, before income taxes
 
(500
)
 
(821
)
 
(1,901
)
Income tax (benefit) expense
 
(180
)
 
172

 
(45
)
Loss from discontinued operations
 
$
(320
)
 
$
(993
)
 
$
(1,856
)


Cash flows from operating activities included operating cash flows used in discontinued operations of $0.4 million and $1.5 million for the years ended December 31, 2015 and 2014, respectively, and $2.3 million of operating cash flows provided by discontinued operations for the year ended December 31, 2013. Cash flows from investing activities included investing cash flows provided by discontinued operations of $0.4 million and $1.5 million, for the years ended December 31, 2015 and 2014, respectively, and $2.3 million of investing cash flows used in discontinued operations for the year ended December 31, 2013.

Below is a summary of the assets and liabilities associated with our one remaining precast concrete operation sold in June 2015, which was classified as held for sale as of December 31, 2014 (in thousands):
 
December 31,
 
2014
Trade accounts receivable, net
$
1,337

Inventories
704

Other current assets
897

Property, plant, and equipment, net
841

Total assets held for sale
$
3,779

 
 
Accounts payable
$
398

Accrued liabilities
504

Total liabilities held for sale
$
902