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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:  
Cash and cash equivalents$ 98,044$ 58,703
Accounts and note receivable, net:  
Oil and gas revenue receivable01,907
Dividend receivable - equity affiliate12,2000
Joint interest and other10,2882,325
Note receivable3,3353,420
Advances to equity affiliate2,2881,706
Assets held for sale (See Note 3)088,774
Prepaid expenses and other2,4634,793
TOTAL CURRENT ASSETS128,618161,628
OTHER ASSETS2,3362,477
INVESTMENT IN EQUITY AFFILIATES329,964287,933
PROPERTY AND EQUIPMENT:  
Oil and gas properties (successful efforts method)90,50134,679
Other administrative property3,1673,209
TOTAL PROPERTY AND EQUIPMENT93,66837,888
Accumulated depletion, depreciation and amortization(1,938)(1,682)
TOTAL PROPERTY AND EQUIPMENT, NET91,73036,206
TOTAL ASSETS552,648488,244
CURRENT LIABILITIES:  
Accounts payable, trade and other9,7633,205
Accounts payable, carry obligation3,5968,395
Accrued expenses15,43615,087
Liabilities held for sale (See Note 3)0663
Accrued interest220896
Income taxes payable5,85872
TOTAL CURRENT LIABILITIES34,87328,318
OTHER LONG-TERM LIABILITIES9581,834
LONG-TERM DEBT32,00081,237
COMMITMENTS AND CONTINGENCIES (See Note 5)  
STOCKHOLDERS' EQUITY:  
Preferred stock, par value $0.01 a share; authorized 5,000 shares; outstanding, none  
Common stock, par value $0.01 a share; authorized 80,000 shares at September 30, 2011 and December 31, 2010, respectively; issued 40,555 shares and 40,103 shares at September 30, 2011 and December 31, 2010, respectively406401
Additional paid-in capital232,209230,362
Retained earnings237,525141,584
Treasury stock, at cost, 6,521 shares and 6,475 shares at September 30, 2011 and December 31, 2010, respectively(66,104)(65,543)
TOTAL HARVEST STOCKHOLDERS' EQUITY404,036306,804
NONCONTROLLING INTEREST80,78170,051
TOTAL EQUITY484,817376,855
TOTAL LIABILITIES AND EQUITY$ 552,648$ 488,244