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Acquisition of OceanGeo (Tables)
 12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the fair value assigned to the assets acquired and liabilities assumed, as well as the noncontrolling interest, at the acquisition date (in thousands):
During 2015, OceanGeo crew remained idle, resulting in a lack of revenue generation in fourth quarter 2015. OceanGeo is actively pursuing several tenders for long-term work in 2016.

Estimated Fair Value of Assets Acquired and Liabilities Assumed:
 
January 29, 2014
Cash and cash equivalents
 
$
609

Accounts receivable
 
9,247

Prepaid expenses and other current assets
 
1,433

Property, plant, equipment and seismic rental equipment, net
 
18,474

Other assets
 
2,227

Total identifiable assets
 
31,990

Accounts payable and accrued liabilities
 
(13,464
)
Bank loans
 
(6,135
)
Other liabilities
 
(1,026
)
Net assets
 
11,365

Noncontrolling interest
 
(3,410
)
Total consideration
 
$
7,955
Business Acquisition, Pro Forma Information
Amounts presented below are in thousands, except for the per share amounts:
Pro forma Consolidated ION Income Statement Information (Unaudited)
 
Years Ended December 31,
2014
 
2013
Net revenues
 
$
518,742

 
$
580,834

Loss from operations
 
$
(114,346
)
 
$
(19,300
)
Net loss
 
$
(126,492
)
 
$
(262,974
)
Net loss applicable to common shares
 
$
(127,226
)
 
$
(268,330
)
Basic and diluted net loss per common share (a)
 
$
(11.70
)
 
$
(25.39
)
(a) The basic and diluted net loss per common share calculations have been retroactively adjusted to reflect the one-for-fifteen reverse stock split completed on February 4, 2016.