Investments in Unconsolidated Affiliates (Tables)

12 Months Ended

Dec. 31, 2013

Investments in Unconsolidated Affiliates

Investments in Unconsolidated Affiliates

	December 31,
	2013		2012
	(In thousands)
Current assets	$	442,703	$	174,977
Long-term assets	$	138,222	$	161,207
Current liabilities	$	440,585	$	194,504
Long-term liabilities	$	4,169	$	3,389

	Year Ended December 31,
	2013		2012			2011
			Revised			Revised
	(In thousands)
Gross revenues	$	562,101	$	657,362		$	760,257
Gross margin	$	46,446	$	107,035		$	205,502
Net income (loss)	$	1,088	$	(624,172	)	$	327,760
Nabors' earnings (losses) from unconsolidated affiliates(1)(2)	$	39	$	(288,718	)	$	85,448

(1)

Nabors' earnings (losses) from unconsolidated affiliates included in discontinued operations, net of tax was $76.5 million for the year ended December 31, 2011.

(2)

As more fully described in Note 2, our earnings (losses) from affiliates was revised by $12.6 million and $28.8 million, respectively, for the years ended December 31, 2012 and 2011.