XML 38 R27.htm IDEA: XBRL DOCUMENT v3.20.2
Discontinued Operations (Tables)
 6 Months Ended
Jun. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations The major components of net loss from discontinued operations in the Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2019 are as follows:
 Three Months Ended June 30, 2019Six Months Ended June 30, 2019
Revenues: 
Total revenues (1)
$52  $148  
Costs and expenses:
Depreciation, depletion and amortization (2)
$145,913  $145,913  
Asset impairment (3)
$16,468  $16,468  
Other expenses$1,349  $2,939  
Other non-major expense (income) items, net$189  $285  
(1) Total revenues for the three and six months ended June 30, 2019 consisted entirely of other revenues.
(2) The depreciation, depletion and amortization is related to an increase in the Company’s estimate of its asset retirement obligations with respect to the Western Mines as a result of the Blackjewel Chapter 11 bankruptcy filing on July 1, 2019. The Company remeasured its asset retirement obligations based on the expectation that the mining permits would not transfer to Blackjewel and Blackjewel would be unable to perform its contractual obligation to reclaim the properties. The increase in the asset retirement obligation was recorded to expense as the Company no longer owned the underlying mining assets.
(3) The asset impairment is primarily related to the write-off of a tax receivable. The Company was considered to be the primary obligor for certain taxes but for which Blackjewel was contractually obligated to pay. During the three months ended June 30, 2019, the Company recorded an impairment charge for the offsetting receivable from Blackjewel as a result of the Blackjewel bankruptcy filing.
The major components of cash flows related to discontinued operations are as follows:
Three Months Ended June 30, 2019Six Months Ended June 30, 2019
Other significant operating non-cash items related to discontinued operations:
Depreciation, depletion and amortization$145,913  $145,913