Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 12,172,000	$ 2,690,000
Accounts receivable	39,000	187,000
Prepaid expenses and other	3,391,000	309,000
Total current assets	15,602,000	3,186,000
Property, plant, equipment and water programs, net	44,182,000	44,474,000
Goodwill	3,813,000	3,813,000
Other assets	3,502,000	3,317,000
Total assets	67,099,000	54,790,000
LIABILITIES AND STOCKHOLDERS' DEFICIT
Accounts payable	439,000	309,000
Accrued liabilities	3,953,000	1,665,000
Current portion of long term debt	170,000	49,000
Total current liabilities	4,562,000	2,023,000
Long-term debt	102,374,000	107,592,000
Long-term lease obligations with related party, net	12,287,000
Deferred revenue	750,000	750,000
Other long-term liabilities	1,443,000	923,000
Total liabilities	121,416,000	111,288,000
Commitments and contingencies (Note 11)
Stockholders' deficit:
Common stock - $0.01 par value; 70,000,000 sharesauthorized; shares issued and outstanding: 21,768,864 at December 31, 2016, and 17,876,016 at December 31, 2015	218,000	179,000
Additional paid-in capital	355,336,000	326,855,000
Accumulated deficit	(409,871,000)	(383,532,000)
Total stockholders' deficit	(54,317,000)	(56,498,000)
Total liabilities and stockholders' deficit	$ 67,099,000	$ 54,790,000