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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 11,051 $ 1,685
Accounts receivable 44 260
Inventories 147  
Prepaid expenses and other 670 404
Total current assets 11,912 2,349
Property, plant, equipment and water programs, net 44,010 44,074
Goodwill 3,813 3,813
Debt Issuance Costs 1,229 81
Other assets 3,152 201
Total Assets 64,116 50,518
Current liabilities:    
Accounts payable 508 957
Accrued liabilities 1,769 1,395
Current portion of long-term debt 11 11
Total current liabilities 2,288 2,363
Long-term debt, net 83,925 63,250
Deferred revenue 750 750
Other long-term liabilities 923 923
Total Liabilities 87,886 67,286
Common stock - $.01 par value; 70,000,000 shares authorized; shares issued and outstanding – 15,452,756 at March 31, 2013 and 15,438,961 at December 31, 2012 154 154
Additional paid-in capital 301,476 301,039
Accumulated deficit (325,400) (317,961)
Total stockholders’ deficit (23,770) (16,768)
Total Liabilities and Stockholders’ deficit $ 64,116 $ 50,518