Assets Held for Sale and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2016

Assets Held for Sale and Discontinued Operations

Schedule of condensed statements of income (loss) from discontinued operations

	Year Ended December 31,
	2016		2015			2014
	(In thousands, except percentages)
Operating revenues (1)	$	2,859	$	3,212		$	13,143
Income (loss) from Oil & Gas discontinued operations:
Income (loss) from discontinued operations	$	(3,978)	$	(5,003)		$	(1,840)
Less: Impairment charges or other (gains) and losses on sale of wholly owned assets (2)	$	19,445	$	49,890		$	(1,313)
Less: Income tax expense (benefit)	$	(5,060)	$	(14,455)		$	(548)
Income (loss) from Oil and Gas discontinued operations, net of tax	$	(18,363)	$	(40,438)		$	21
Income (loss) from Rig Services discontinued operations:
Income (loss) from discontinued operations	$	—	$	—		$	—
Less: Impairment charges or other (gains) and losses on sale of wholly owned assets	$	—	$	3,146	(3)	$	—
Less: Income tax expense (benefit)	$	—	$	(787)		$	—
Income (loss) from Rig Services discontinued operations, net of tax	$	—	$	(2,359)		$	—
Income (loss) from discontinued operations, net of tax	$	(18,363)	$	(42,797)		$	21

Oil and Gas

(1) Reflects operating revenues of our historical oil and gas operating segment.

(2) Includes impairment charges of $15.4 million and $51.0 million in 2016 and 2015, respectively, due to the deterioration of economic conditions in the natural gas market in western Canada, partially offset by a gain related to our restructure of our future pipeline obligations.

Rig Services

(3) Reflects an impairment charge for a note receivable of $3.1 million remaining from the sale of one of our former Canada subsidiaries that provided logistics services.