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Investments in Unconsolidated Affiliates (Tables)
12 Months Ended
Dec. 31, 2011
Investments in Unconsolidated Affiliates [Abstract]  
Investments in Unconsolidated Affiliates
                 
    December 31,  
    2011     2010  
    (In thousands)  

Current assets

  $ 311,972     $ 322,086  

Long-term assets

    1,728,399       1,332,212  

Current liabilities

    275,171       345,279  

Long-term liabilities

    800,444       460,198  

 

                         
    Year Ended December 31,  
    2011     2010     2009  
    (In thousands)  

Gross revenues

  $ 832,774     $ 901,742     $ 960,823  

Gross margin

    278,019       241,831       223,005  

Net income (loss)

    270,161       48,426       (462,613

Nabors’ earnings (losses) from unconsolidated affiliates(1)

    56,647       33,267       (155,432

 

(1) Nabors’ earnings (losses) from unconsolidated affiliates included in discontinued operations, net of tax was $76.5 million, $(10.6) million, and $(59.2) million, respectively, for the years ended December 31, 2011, 2010 and 2009.