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Statement of Cash Flow Information
12 Months Ended
Dec. 31, 2014
Supplemental Cash Flow Elements [Abstract]  
Statement of Cash Flow Information
STATEMENT OF CASH FLOW INFORMATION
Cash and cash equivalents at December 31, 2014 and 2013 included $0.8 million and $0.7 million, respectively, of restricted cash related to collateral on seismic operations bonds. The balances at December 31, 2014 and 2013 also included $125,000 (Canadian) of restricted cash posted as security against Company issued credit cards for Seitel Canada.
For purposes of the statement of cash flows, the Company considers all highly liquid investments or debt instruments with an original maturity of three months or less to be cash equivalents. The Company maintains its day-to-day operating cash and temporary excess cash with various banking institutions that, in turn, invest in time deposits and U.S. Treasury bills.
Income taxes paid during 2014, 2013 and 2012 were $2.3 million, $8.0 million and $3.2 million, respectively. In 2014, 2013 and 2012, the Company received income tax refunds of $7.2 million, $0.4 million, and $1.0 million, respectively.
The Company had non-cash additions to its seismic data library comprised of the following (in thousands): 
 
Year Ended December 31,
 
2014
 
2013
 
2012
Non-monetary exchanges related to resale licensing revenue
$
741

 
$
1,656

 
$
1,554

Non-monetary exchanges from underwriting of new data acquisition
209

 

 
4,122

Completion of data in progress from prior non-monetary exchanges

 
2,429

 
142

Less: Non-monetary exchanges for data in progress

 

 
(2,442
)
Total non-cash additions to seismic data library
$
950

 
$
4,085

 
$
3,376


Non-cash revenue consisted of the following (in thousands):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Acquisition revenue on underwriting from non-monetary exchange contracts
$
38

 
$
87

 
$
5,451

Licensing revenue from specific data licenses and selections on non-monetary exchange contracts
1,033

 
2,399

 
3,047

Solutions revenue recognized from non-monetary exchange contracts

 

 
20

Total non-cash revenue
$
1,071

 
$
2,486

 
$
8,518