Federal Coal Lease Obligations

6 Months Ended

Jun. 30, 2015

Federal Coal Lease Obligations

Federal Coal Lease Obligations

9. Federal Coal Lease Obligations

As of June 30,2015, we have no further committed lease by application (“LBA”) payments.Federal coal lease obligations consisted of the following (in thousands):

	June 30,		December 31,
	2015		2014
Federal coal lease obligations, current	$	—	$	63,970

Our federal coal lease obligations, as reflected in the condensed consolidated balance sheets, consist of discounted obligations payable to the Bureau of Land Management of the U.S. Department of the Interior (the “BLM”) discounted at an imputed interest rate. Imputed interest is included in accrued expenses.