Discontinued Operations Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2017

Balance Sheet - Assets Held for Sale [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following table presents the carrying amounts of the major components of Gill Ranch that are classified as discontinued operations assets and liabilities on our consolidated balance sheets:

In thousands	2017		2016
Assets:
Accounts receivable	$	2,126	$	1,944
Inventories	396		366
Other current assets	535		650
Property, plant, and equipment	10,816		235,676
Less: Accumulated depreciation	—		28,475
Other non-current assets	1		254
Discontinued operations - current assets	3,057		2,960
Discontinued operations - non-current assets	10,817		207,455
Total discontinued operations assets	$	13,874	$	210,415
Liabilities:
Accounts payable	$	1,287	$	742
Other current liabilities	306		489
Other non-current liabilities	12,043		12,287
Discontinued operations - current liabilities	1,593		1,231
Discontinued operations - non-current liabilities	12,043		12,287
Total discontinued operations liabilities	$	13,636	$	13,518

Income Statement - Discontinued Operations [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following table presents the operating results of Gill Ranch, which was reported within our gas storage segment historically, and is presented net of tax on our consolidated statements of comprehensive income:

In thousands, except per share data	2017			2016			2015
Revenues	$	7,135		$	7,794		$	5,903
Expenses
Operations and maintenance	7,245			6,643			6,172
General taxes	1,373			1,295			1,319
Depreciation and amortization	4,525			4,685			5,201
Other expenses and interest	975			992			3,687
Impairment expense	192,478			—			—
Total expenses	206,596			13,615			16,379
Loss from discontinued operations before income tax	(199,461		)	(5,821		)	(10,476		)
Income tax benefit(1)	(71,765		)	(2,297		)	(4,153		)
Loss from discontinued operations, net of tax	$	(127,696	)	$	(3,524	)	$	(6,323	)
Loss from discontinued operations per share of common stock:
Basic	$	(4.45	)	$	(0.13	)	$	(0.23	)
Diluted	$	(4.44	)	$	(0.13	)	$	(0.23	)

⁽¹⁾  2017 income tax benefit includes approximately $18 million of tax benefit from the enactment of the TCJA. The TCJA was enacted December 22, 2017 and resulted in the federal tax rate changing from 35% to 21%.