XML 53 R18.htm IDEA: XBRL DOCUMENT v3.3.0.814
Operating Segments
9 Months Ended
Sep. 30, 2015
Operating Segments [Abstract]  
Operating Segments

Note 13 – Operating Segments

We regularly allocate resources to and assess the performance of our operations by segments that are organized by unique geographic and operating characteristics. The segments are organized in order to manage regional business, currency and tax related risks and opportunities. Operations included under the heading “United States” include corporate management, cash management, business development and financing activities performed in the United States and other countries, which do not meet the requirements for separate disclosure. All intersegment revenues, other income and equity earnings, expenses and receivables are eliminated in order to reconcile to consolidated totals. Corporate general and administrative and interest expenses are included in the United States segment and are not allocated to other operating segments. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

  

2015

  

2014

  

2015

  

2014

 

  

(in thousands)

Segment Income (Loss) Attributable to Harvest

  

 

 

  

 

 

  

 

 

  

 

 

Venezuela

  

$

(17)

  

$

(170)

  

$

(125)

  

$

16,862 

Gabon

  

 

(1,293)

  

 

(1,096)

  

 

(4,141)

  

 

(3,578)

Indonesia

  

 

13 

  

 

(274)

  

 

(42)

  

 

(9,206)

United States and other

  

 

7,009 

  

 

(2,458)

  

 

(21,022)

  

 

(17,374)

Income (loss) from continuing operations(a)

  

 

5,712 

  

 

(3,998)

  

 

(25,330)

  

 

(13,296)

Discontinued operations

  

 

 —

  

 

(142)

  

 

 —

  

 

(503)

Net income (loss) attributable to Harvest

  

$

5,712 

  

$

(4,140)

  

$

(25,330)

  

$

(13,799)

 

(a)

Net of net income (loss) attributable to noncontrolling interests.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of September 30,

 

As of December 31,

 

 

2015

 

2014

 

 

(in thousands)

Operating Segment Assets

 

 

 

 

 

 

Venezuela

 

$

164,864 

 

$

165,214 

Gabon

 

 

55,307 

 

 

60,051 

Indonesia

 

 

19 

 

 

176 

United States and other

 

 

18,381 

 

 

2,602 

 

 

 

238,571 

 

 

228,043 

Discontinued operations

 

 

 —

 

 

3 

Total assets

 

$

238,571 

 

$

228,046