Assets held for sale and discontinued operations (Tables)

9 Months Ended

Sep. 30, 2017

Discontinued Operations and Disposal Groups [Abstract]

Disclosure of long lived assets held-for-sale

The carrying amounts of the major classes of assets and liabilities that were classified as held for sale associated with Pronghorn on the Company's Consolidated Balance Sheets were as follows:

	December 31, 2016
	(In thousands)
Assets
Current assets:
Prepayments and other current assets	$	68
Total current assets held for sale	68
Noncurrent assets:
Net property, plant and equipment	93,424
Goodwill	9,737
Less allowance for impairment of assets held for sale	2,311
Total noncurrent assets held for sale	100,850
Total assets held for sale	$	100,918

Disposal groups, including discontinued operations

The carrying amounts of the major classes of assets and liabilities that are classified as held for sale related to the operations of Fidelity on the Company's Consolidated Balance Sheets were as follows:

	September 30, 2017		September 30, 2016			December 31, 2016
	(In thousands)
Assets
Current assets:
Receivables, net	$	304	$	7,930		$	355
Total current assets held for sale	304		7,930			355
Noncurrent assets:
Net property, plant and equipment	2,064		5,507			5,507
Deferred income taxes	62,163		104,726			91,098
Other	161		161			161
Less allowance for impairment of assets held for sale	—		938			938
Total noncurrent assets held for sale	64,388		109,456			95,828
Total assets held for sale	$	64,692	$	117,386		$	96,183
Liabilities
Current liabilities:
Accounts payable	$	68	$	175		$	141
Taxes payable	11,745		2,205		(a)	19		(a)
Other accrued liabilities	2,380		3,084			2,358
Total current liabilities held for sale	14,193		5,464			2,518
Total liabilities held for sale	$	14,193	$	5,464		$	2,518

(a) On the Company's Consolidated Balance Sheets, these amounts were reclassified to prepayments and other current assets and are reflected in current assets held for sale.

The carrying amounts of the major classes of assets and liabilities that are classified as held for sale related to the operations of and activity associated with Dakota Prairie Refining on the Company's Consolidated Balance Sheets were as follows:

	September 30, 2017			September 30, 2016		December 31, 2016
	(In thousands)
Assets
Current assets:
Receivables, net	$	—		$	13	$	—
Income taxes receivable	8,444		(a)	32,388		13,987
Prepayments and other current assets	—			7,741		—
Total current assets held for sale	8,444			40,142		13,987
Noncurrent assets:
Deferred income taxes	—			2,984		—
Total noncurrent assets held for sale	—			2,984		—
Total assets held for sale	$	8,444		$	43,126	$	13,987
Liabilities
Current liabilities:
Accounts payable	$	—		$	7,063	$	7,425
Other accrued liabilities	—			7,743		—
Total current liabilities held for sale	—			14,806		7,425
Noncurrent liabilities:
Deferred income taxes (b)	55			—		14
Total noncurrent liabilities held for sale	55			—		14
Total liabilities held for sale	$	55		$	14,806	$	7,439

(a) On the Company's Consolidated Balance Sheets, this amount was reclassified to income taxes payable and is reflected in current liabilities held for sale.

(b) On the Company's Consolidated Balance Sheets, these amounts were reclassified to noncurrent deferred income tax assets and are

reflected in noncurrent assets held for sale.

Reconciliation of major classes of income and expense

The reconciliation of the major classes of income and expense constituting pretax income (loss) from discontinued operations, which includes Dakota Prairie Refining and Fidelity, to the after-tax loss from discontinued operations on the Company's Consolidated Statements of Income was as follows:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2017			2016			2017			2016
	(In thousands)
Operating revenues	$	121		$	162		$	356		$	122,894
Operating expenses	384			230			(4,988		)	513,756
Operating income (loss)	(263		)	(68		)	5,344			(390,862		)
Other income (expense)	—			375			(13		)	762
Interest expense	—			—			239			1,753
Income (loss) from discontinued operations before income taxes	(263		)	307			5,092			(391,853		)
Income taxes	1,935			5,707			8,794			(92,315		)
Loss from discontinued operations	(2,198		)	(5,400		)	(3,702		)	(299,538		)
Loss from discontinued operations attributable to noncontrolling interest	—			—			—			(131,691		)
Loss from discontinued operations attributable to the Company	$	(2,198	)	$	(5,400	)	$	(3,702	)	$	(167,847	)