(11) Segment Information

6 Months Ended

Jun. 30, 2013

Notes

(11) Segment Information

(11) Segment Information

Following our acquisition of Texadian, we have two business segments, (i) natural gas and oil exploration and production and (ii) commodity transportation and marketing.

Summarized financial information concerning reportable segments consists of the following (in thousands):

For the three months ended June 30, 2013:	Natural Gas and Oil Exploration and Production	Commodity Transportation and Marketing	Trust Litigation and Settlements	Total
Sales and operating revenues	$2,229	$32,448	—	$34,677
Operating income (loss)	(1,513)	2,116	(3,867)	(3,264)
Income from unconsolidated affiliate	1,495	—	—	1,495
Capital expenditures	110	39	—	149
Depreciation, depletion, amortization and accretion	504	533	—	1,037

For the six months ended June 30, 2013:	Natural Gas and Oil Exploration and Production	Commodity Transportation and Marketing	Trust Litigation and Settlements	Total
Sales and operating revenues	$3,806	$95,757	—	$99,563
Operating income (loss)	(6,120)	7,851	(5,164)	(3,433)
Loss from unconsolidated affiliate	(865)	—	—	(865)
Capital expenditures	338	39	—	377
Depreciation, depletion, amortization and accretion	773	1,031	—	1,804

At June 30, 2013, our reportable segment assets consisted of the following (in thousands):

	Natural Gas and Oil Exploration and Production	Commodity Transportation and Marketing	Trust Litigation and Settlements	Total
Current assets	$2,551	$44,560	$318	$47,429
Property and equipment, net	5,163	39	—	5,202
Investments in unconsolidated affiliates	103,815	—	—	103,815
Goodwill and other intangible assets, net	—	16,095	—	16,095
Other long term assets	7	—	—	7
Totals	$111,536	$60,694	$318	$172,548

Reconciliation of reportable segment assets to our consolidated totals is as follows (in thousands):

	June 30,  2013
Total assets for reportable segments	$172,548
Cash and restricted cash not allocated to segments	17,441
Acquisition deposits	40,000
Prepaid expenses	419
Total assets	$230,408