Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
Current assets:
Cash and cash equivalents	$ 11,370	$ 5,911
Accounts receivable	139	277
Prepaid expenses and other	604	299
Total current assets	12,113	6,487
Property, plant, equipment and water programs, net	41,886	38,315
Goodwill	3,813	3,813
Other assets	186	321
Total assets	57,998	48,936
Current liabilities:
Accounts payable	1,069	358
Accrued liabilities	1,049	1,518
Tax liability	321
Current portion of long term debt	4	16
Total current liabilities	2,443	1,892
Long-term debt	52,032	44,403
Derivative liabilities		451
Deferred revenue	670
Tax liability		321
Other long-term liabilities	923	923
Total liabilities	56,068	47,990
Commitments and contingencies (Note 12)	0	0
Stockholders' equity:
Common stock - $0.01 par value; 70,000,000 shares authorized; shares issued and outstanding: 15,429,541 at December 31, 2011, and 13,677,772 at December 31, 2010	154	137
Additional paid-in capital	300,163	282,359
Accumulated deficit	(298,387)	(281,550)
Total stockholders' equity	1,930	946
Total liabilities and stockholders' equity	$ 57,998	$ 48,936