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OPERATIONS, SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (Tables)
6 Months Ended
Dec. 31, 2011
OPERATIONS, SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS  
Schedule of reclassifications of previously reported amounts

 

 

 

 

Three Months Ended December 31,
2010

 

Six Months Ended December 31,
2010

 

 

 

Previously

 

 

 

 

 

Previously

 

 

 

 

 

 

 

Reported

 

Reclass

 

Adjusted

 

Reported

 

Reclass

 

Adjusted

 

 

 

Balance

 

Adjustment

 

Balance

 

Balance

 

Adjustment

 

Balance

 

Costs and expenses (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs of operations

 

$

3,949

 

$

(3,949

)

$

 

$

5,140

 

$

(5,140

)

$

 

General and administrative

 

3,930

 

1,645

 

5,575

 

7,654

 

2,965

 

10,619

 

Production taxes

 

 

3,131

 

3,131

 

 

3,689

 

3,689

 

Exploration and business development

 

827

 

(827

)

 

1,514

 

(1,514

)