Federal Coal Lease Obligations

9 Months Ended

Sep. 30, 2015

Federal Coal Lease Obligations

Federal Coal Lease Obligations

9. Federal Coal Lease Obligations

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

	September 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, consisted of 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 was included in Accrued expenses.