XML 79 R64.htm IDEA: XBRL DOCUMENT v3.6.0.2
Investments in Unconsolidated Affiliates (Details)
$ in Thousands, shares in Millions
3 Months Ended 12 Months Ended
Dec. 12, 2016
USD ($)
item
Jul. 20, 2016
USD ($)
Mar. 24, 2015
USD ($)
shares
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2016
USD ($)
item
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Jul. 30, 2016
USD ($)
May 24, 2015
Investments in Unconsolidated Affiliates                    
Cash consideration in merger             $ 650,050      
Nabors' share of equity method earnings (losses)           $ (221,914) (75,081) $ (6,301)    
Other-than-temporary impairment           219,737 180,591 6,974    
Summarized income statement (loss) information for investment in unconsolidated affiliates                    
Nabors' share of equity method earnings (losses)           $ (221,914) (75,081) (6,301)    
C J Energy And Subsidiaries                    
Investments in Unconsolidated Affiliates                    
Number Of Allowed Unsecured Claims | item 2         2        
Maximum Claim Distribution To Be Received $ 4,850         $ 4,850        
Maximum Obligation Amount Relating to Tax Matters $ 11,500         $ 11,500        
Strike price                 $ 1,550,000  
Prorate Share of warrant To Acquire Common Equity Percentage 2.00%         2.00%        
Joint Venture in Saudi Arabia                    
Investments in Unconsolidated Affiliates                    
Remaining equity interest acquired (as a percent)                   49.00%
Unconsolidated Affiliates                    
Investments in Unconsolidated Affiliates                    
Nabors' share of equity method earnings (losses)           $ (221,933) (81,260) (6,301)    
Summarized income statement (loss) information for investment in unconsolidated affiliates                    
Current assets           383,750 496,826      
Long-term assets           1,138,092 2,200,779      
Current liabilities           147,699 325,434      
Long-term liabilities           41,613 1,421,569      
Gross revenues           727,320 1,748,889 605,179    
Gross margin           18,943 225,773 35,370    
Net income (loss)           (825,921) (872,542) (642)    
Nabors' share of equity method earnings (losses)           (221,933) (81,260) $ (6,301)    
Joint Venture in Saudi Arabia                    
Investments in Unconsolidated Affiliates                    
Percentage of outstanding and issued common shares held                   51.00%
C&J Energy Services, Ltd.                    
Investments in Unconsolidated Affiliates                    
Cash consideration in merger     $ 693,500              
Cash proceeds from merger after working capital requirements     $ 650,000              
Common shares held in merged entity | shares     62.5              
Percentage of outstanding and issued common shares held     53.00%              
Nabors' share of equity method earnings (losses)           (221,933) (81,260)      
Other-than-temporary impairment       $ 153,400   192,400 180,600      
Estimated gross gain in merger         $ 102,200          
Transaction costs related to the merger     $ 49,600              
Post-closing adjustment for settlement of working capital requirements             5,500      
Summarized income statement (loss) information for investment in unconsolidated affiliates                    
Nabors' share of equity method earnings (losses)           $ (221,933) $ (81,260)      
C&J Energy Services, Ltd. | Other expense (income)                    
Investments in Unconsolidated Affiliates                    
Estimated fair value       93,800            
Charge against receivables       $ 23,800            
Equity method investment charge to write off remaining value of investment   $ 39,000                
Transaction costs related to the merger   $ 9,100