Note 13 - Mergers and Acquisitions (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Current assets	$	5,822
Property, plant and equipment		2,529
Goodwill		24,219
Other intangible assets		5,173
Total assets acquired		37,743
Current liabilities		(1,927	)
Deferred income taxes		(2,067	)
Other liabilities		(276	)
Total liabilities assumed		(4,270	)
Net assets acquired	$	33,473

Current assets	$	3,851
Property and equipment		8,176
Goodwill		14,671
Other intangible assets		17,340
Total assets acquired	$	44,038
Current liabilities	$	1,223
Deferred income taxes		8,556
Other liabilities		1,015
Total liabilities assumed	$	10,794
Net assets acquired	$	33,244

Business Combination Property Plant Equipment Asset Acquired [Table Text Block]

	Estimated Useful Lives			Estimated Fair Value
Land	Indefinite			$	42,741
Building and leasehold improvements	2	-	25		79,456
Office furniture, fixtures and equipment	2	-	5		2,845
Machinery & Equipment	2	-	10		628,791
Transportation equipment	2	-	5		166,457
Construction in progress					44,954
Property, plant and equipment				$	965,244

Business Acquisition, Pro Forma Information [Table Text Block]

	Year Ended December 31, 2015			Year Ended December 31, 2014
Revenues	$	2,114,671		$	3,861,412
Net loss	$	(879,231	)	$	(244,183	)
Net loss per common share:
Basic	$	(7.52	)	$	(2.09	)
Diluted	$	(7.52	)	$	(2.09	)

Nabors Industries, Ltd. [Member]

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

	Amounts Recognized as of Merger Date			Measurement Period Adjustments (1)			Estimated Fair Value
Accounts receivable	$	262,973		$	11,079		$	274,052
Inventory		35,491			(7,372	)		28,119
Other current assets		8,857			(1,940	)		6,917
Property, plant and equipment		1,024,622			(59,378	)		965,244
Goodwill		444,162			12,684			456,846
Other intangible assets		28,300			13,700			42,000
Other assets		11,171			(2,913	)		8,258
Total assets acquired		1,815,576			(34,140	)		1,781,436
Accounts payable		(195,913	)		19,610			(176,303	)
Other current liabilities		(23,813	)		(7,503	)		(31,316	)
Deferred income taxes		(187,515	)		(21,368	)		(208,883	)
Total liabilities assumed		(407,241	)		(9,261	)		(416,502	)
Net assets acquired	$	1,408,335		$	(43,401	)	$	1,364,934