XML 14 R48.htm IDEA: XBRL DOCUMENT v2.4.0.6
(3) Investments in Piceance Energy: Balance Sheet for Piceance Energy (Details) (USD $)
Mar. 31, 2013
Dec. 31, 2012
Accounts receivable $ 20,524,000 $ 17,730,000
Total current assets 65,212,000 59,926,000
Total property and equipment 6,191,000 6,219,000
Less accumulated depreciation and depletion 621,000 373,000
Net property and equipment 5,570,000 5,846,000
Total assets 189,142,000 189,582,000
Total current liabilities 61,089,000 69,977,000
Asset retirement obligations 524,000 512,000
Derivative liabilities 13,185,000 10,945,000
Total liabilities 91,127,000 88,825,000
Accumulated deficit (13,655,000) (8,839,000)
Piceance Energy
   
Cash and equivalents 1,001  
Accounts receivable 4,166  
Prepaids and other assets 447  
Total current assets 5,614  
Oil and Gas Property, Successful Effort Method, Net 535,558  
Other real estate and land 14,314  
Office furniture and equipment 3,115  
Total property and equipment 552,987  
Less accumulated depreciation and depletion (96,097)  
Net property and equipment 456,890  
Deferred issue costs and other assets, net 904  
Total assets 463,408  
Accounts Payable and Accrued Liabilities, Current 11,929  
Oil and gas sales payable 1,589  
Derivative instruments 2,776  
Total current liabilities 16,294  
Note payable 89,000  
Asset retirement obligations 2,882  
Derivative liabilities 1,240  
Total non-current liabilities 93,122  
Total liabilities 109,416  
Laramie Energy 365,046  
Accumulated deficit (11,054)  
Total members' equity 353,992  
Total liabilities and members' equity 463,408  
Piceance Energy | Reorganized Delta Petroleum
   
Cash and equivalents 334  
Accounts receivable 1,389  
Prepaids and other assets 149  
Total current assets 1,872  
Oil and Gas Property, Successful Effort Method, Net 178,555  
Other real estate and land 4,772  
Office furniture and equipment 1,039  
Total property and equipment 184,366  
Less accumulated depreciation and depletion (32,039)  
Net property and equipment 152,327  
Deferred issue costs and other assets, net 301  
Total assets 154,500  
Accounts Payable and Accrued Liabilities, Current 3,977  
Oil and gas sales payable 530  
Derivative instruments 926  
Total current liabilities 5,433  
Note payable 29,672  
Asset retirement obligations 961  
Derivative liabilities 413  
Total non-current liabilities 31,046  
Total liabilities 36,479  
Laramie Energy 121,706  
Accumulated deficit (3,685)  
Total members' equity 118,021  
Total liabilities and members' equity $ 154,500