XML 65 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Joint Venture (Tables)
12 Months Ended
Dec. 31, 2013
Equity Method Investments and Joint Ventures [Abstract]  
Financial data from Blue Eagle's
The following is condensed financial data from Blue Eagle’s August 31, 2012 (date of dissolution) and December 31, 2011 financial statements:
 
 
 
Balance Sheets:
 
As of
August 31,
2012
 
Assets:
 
 
 
Current assets
 
$
7,921

 
Oil and gas properties
 
75,741

 
Other assets
 
30

 
Total assets
 
$
83,692

 
 
 
 
 
Liabilities and Members’ Capital:
 
 

 
Current liabilities
 
$
1,474

 
Other liabilities
 
48

 
Members’ capital
 
82,170

 
Total liabilities and members’ capital
 
$
83,692

 
    
 
 
Statement of Operations:
 
Year Ended
 December 31,
2011
 
Year Ended
 December 31,
2012 (1)
 
 
(In thousands)
Revenue
 
$
12,579

 
$
12,106

 
 
 
 
 
Operating expenses
 
7,138

 
7,144

Other income
 
(11
)
 
(4
)
Net income
 
$
5,452

 
$
4,966

(1) Through August 31, 2012