Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 4,016	$ 11,370
Accounts receivable	166	139
Prepaid expenses and other	1,514	604
Total current assets	5,696	12,113
Property, plant, equipment and water programs, net	43,667	41,886
Goodwill	3,813	3,813
Other assets	539	186
Total Assets	53,715	57,998
Current liabilities:
Accounts payable	756	1,069
Accrued liabilities	2,407	1,049
Tax liability	321	321
Current portion of long-term debt		4
Other liabilities	923
Total current liabilities	4,407	2,443
Long-term debt, net	55,146	52,032
Deferred revenue	1,053	670
Other long-term liabilities		923
Total Liabilities	60,606	56,068
Common stock - $.01 par value; 70,000,000 shares authorized; shares issued and outstanding – 15,438,961 at June 30, 2012 and 15,429,541 at December 31, 2011	154	154
Additional paid-in capital	300,374	300,163
Accumulated deficit	(307,419)	(298,387)
Total stockholders’ (deficit) equity	(6,891)	1,930
Total Liabilities and Stockholders’ equity	$ 53,715	$ 57,998