Discontinued Operations

6 Months Ended

Jun. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS:

On November 28, 2017, CNX announced that it had completed the tax-free spin-off of its coal business resulting in two independent, publicly traded companies: (i) a coal company, CONSOL Energy, formerly known as CONSOL Mining Corporation and (ii) CNX, a natural gas exploration and production company. Following the separation, CONSOL Energy and its subsidiaries hold the coal assets previously held by CNX, including its Pennsylvania Mining Complex, Baltimore Marine Terminal, its direct and indirect ownership interest in CONSOL Coal Resources LP, formerly known as CNX Coal Resources LP, and other related coal assets previously held by CNX. As of the close of business on November 28, 2017, CNX's shareholders received one share of CONSOL Energy common stock for every eight shares of CNX's common stock held as of November 15, 2017. The coal business has been reclassified to discontinued operations for all periods presented.

The following table details selected financial information for the divested business included within discontinued operations:



	For the Three Months Ended		For the Six Months Ended
	June 30, 2017		June 30, 2017
Coal Revenue	$	303,707	$	620,155
Other Outside Sales	14,856		27,742
Freight-Outside Coal	17,763		30,045
Miscellaneous Other Income	8,934		26,330
Gain on Sale of Assets	5,581		13,536
Total Revenue and Other Income	$	350,841	$	717,808
Total Costs	289,790		605,620
Income From Operations Before Income Taxes	$	61,051	$	112,188
Income Tax Expense	9,035		2,668
Less: Net Income Attributable to Noncontrolling Interest	4,313		9,777
Income From Discontinued Operations, net	$	47,703	$	99,743

There were no remaining major classes of assets or liabilities of discontinued operations at June 30, 2018 and December 31, 2017.