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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 6,861 $ 11,370
Accounts receivable 137 139
Prepaid expenses and other 1,780 604
Total current assets 8,778 12,113
Property, plant, equipment and water programs, net 42,458 41,886
Goodwill 3,813 3,813
Other assets 384 186
Total Assets 55,433 57,998
Current liabilities:    
Accounts payable 855 1,069
Accrued liabilities 1,406 1,049
Tax liability 321 321
Current portion of long term debt   4
Total current liabilities 2,582 2,443
Long-term debt, net 53,572 52,032
Deferred revenue 728 670
Other long-term liabilities 923 923
Total Liabilities 57,805 56,068
Common stock - $.01 par value; 70,000,000 shares authorized; shares issued and outstanding – 15,438,961 at March 31, 2012 and 15,429,541 at December 31, 2011 154 154
Additional paid-in capital 300,309 300,163
Accumulated deficit (302,835) (298,387)
Total stockholders’ (deficit) equity (2,372) 1,930
Total Liabilities and Stockholders’ equity $ 55,433 $ 57,998