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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:    
Cash and cash equivalents $ 136,032 $ 58,703
Restricted cash 7,323 0
Accounts and notes receivable, net:    
Oil and gas revenue receivable 0 1,907
Dividend receivable - equity affiliate 12,200 0
Joint interest and other 7,203 2,325
Note receivable 3,335 3,420
Advances to equity affiliate 2,002 1,706
Assets held for sale (See Note 3) 0 88,774
Prepaid expenses and other 1,732 4,793
TOTAL CURRENT ASSETS 169,827 161,628
OTHER ASSETS 2,499 2,477
INVESTMENT IN EQUITY AFFILIATES 310,351 287,933
PROPERTY AND EQUIPMENT:    
Oil and gas properties (successful efforts method) 59,814 34,679
Other administrative property 3,120 3,209
TOTAL PROPERTY AND EQUIPMENT 62,934 37,888
Accumulated depletion, depreciation and amortization (1,840) (1,682)
TOTAL PROPERTY AND EQUIPMENT, NET 61,094 36,206
TOTAL ASSET 543,771 488,244
CURRENT LIABILITIES:    
Accounts payable, trade and other 11,373 3,205
Accounts payable, carry obligation 3,617 8,395
Accrued expenses 14,622 15,087
Liabilities held for sale (See Note 3) 0 663
Accrued interest 880 896
Income taxes payable 5,585 72
TOTAL CURRENT LIABILITIES 36,077 28,318
OTHER LONG-TERM LIABILITIES 1,133 1,834
LONG-TERM DEBT 32,000 81,237
COMMITMENTS AND CONTINGENCIES (See Note 5)    
STOCKHOLDERS' EQUITY:    
Preferred stock, par value $0.01 a share; authorized 5,000 shares; outstanding, 0 0 0
Common stock, par value $0.01 a share; authorized 80,000 shares at June 30, 2011 and December 31, 2010, respectively; issued 40,286 shares and 40,103 shares at June 30, 2011 and December 31, 2010, respectively 402 401
Additional paid-in capital 230,718 230,362
Retained earnings 232,404 141,584
Treasury stock, at cost, 6,505 shares and 6,475 shares at June 30, 2011 and December 31, 2010, respectively (65,925) (65,543)
TOTAL HARVEST STOCKHOLDERS' EQUITY 397,599 306,804
NONCONTROLLING INTEREST 76,962 70,051
TOTAL EQUITY 474,561 376,855
TOTAL LIABILITIES AND EQUITY $ 543,771 $ 488,244