DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2012

Components of Discontinued Operations

The following table represents the components of our Barnett Shale operations as discontinued operations for the years ended December 31, 2011 and 2010 (in thousands).

	Year Ended December 31,
	2011		2010
Revenues and other income:
Natural gas, NGLs and oil sales	$	59,185	$	157,778
Gain on the sale of assets		4,771		955
Other		10		67
Total revenues and other income		63,966		158,800
Costs and expenses:
Direct operating		10,080		35,328
Transportation, gathering and compression		5,257		8,624
Production and ad valorem taxes		1,309		7,545
Exploration		37		581
Abandonment and impairment of unproved properties		—		20,233
Interest expense (a)		14,791		40,527
Depletion, depreciation and amortization		8,894		88,269
Impairment of proved properties		—		463,244
Total costs and expenses		40,368		664,351
Income (loss) before income taxes		23,598		(505,551	)
Income tax expense (benefit)
Current		—		—
Deferred		8,278		(177,597	)
		8,278		(177,597	)
Net income (loss) from discontinued operations	$	15,320	$	(327,954	)

^(a) Interest expense is allocated to discontinued operations based on the ratio of net assets of discontinued operations to our consolidated net assets plus long-term debt.

Composition of Assets and Liabilities of Discontinued

The carrying values of our Barnett operations were included in discontinued operations in the accompanying consolidated balance sheets, which is comprised of the following (in thousands):

	December 31, 2011
Composition of liabilities of discontinued operations:
Accrued liabilities	$	653
Total current liabilities of discontinued operations	$	653