Consolidated Balance Sheets - USD ($)	Dec. 31, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 13,030,000	$ 12,172,000
Accounts receivable	36,000	39,000
Prepaid expenses and other	411,000	3,391,000
Total current assets	13,477,000	15,602,000
Property, plant, equipment and water programs, net	45,269,000	44,182,000
Goodwill	3,813,000	3,813,000
Other assets	3,946,000	3,502,000
Total assets	66,505,000	67,099,000
LIABILITIES AND STOCKHOLDERS' DEFICIT
Accounts payable	411,000	439,000
Accrued liabilities	2,281,000	3,953,000
Current portion of long term debt	1,408,000	170,000
Warrant liabilities	2,387,000
Total current liabilities	6,487,000	4,562,000
Long-term debt	123,768,000	102,374,000
Long-term lease obligations with related party, net	13,276,000	12,287,000
Deferred revenue	750,000	750,000
Other long-term liabilities	923,000	1,443,000
Total liabilities	145,204,000	121,416,000
Commitments and contingencies (Note 11)
Stockholders' deficit:
Common stock - $0.01 par value; 70,000,000 shares authorized; shares issued and outstanding: 22,987,434 at December 31, 2017, and 21,768,864 at December 31, 2016	230,000	218,000
Additional paid-in capital	364,806,000	355,336,000
Accumulated deficit	(443,735,000)	(409,871,000)
Total stockholders' deficit	(78,699,000)	(54,317,000)
Total liabilities and stockholders' deficit	$ 66,505,000	$ 67,099,000