Consolidated Balance Sheets (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
ASSETS
Cash and cash equivalents	$ 2,980	$ 5,911
Accounts receivable	24	277
Prepaid expenses and other	736	299
Total current assets	3,740	6,487
Property, plant, equipment and water programs, net	39,990	38,315
Goodwill	3,813	3,813
Other assets	365	321
Total Assets	47,908	48,936
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable	891	358
Accrued liabilities	1,029	1,518
Current portion of long term debt	12	16
Total current liabilities	1,932	1,892
Long-term debt, net	49,080	44,403
Derivative liabilities	59	451
Tax liability	321	321
Other long-term liabilities	1,423	923
Total Liabilities	52,815	47,990
Common stock - $.01 par value; 70,000,000 shares authorized; shares issued and outstanding – 13,829,238 at June 30, 2011 and 13,677,772 at December 31, 2010	138	137
Additional paid-in capital	284,487	282,359
Accumulated deficit	(289,532)	(281,550)
Total stockholders’ equity (deficit)	(4,907)	946
Total Liabilities and Stockholders’ equity	$ 47,908	$ 48,936