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Discontinued Operations
12 Months Ended
Dec. 31, 2015
Discontinued Operations [Abstract]  
Discontinued Operations

7. Discontinued Operations

 

Discontinued operations represent the income and expenses related to the Company’s pipeline assets.  The pipeline assets were sold in August 2013.  The following table summarizes the amounts in net loss from discontinued operations, net of income tax presented in the consolidated statement of Operations for the year ended December 31, 2013 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2013

Revenues

 

 

 

 

 

 

 

$

22 

Production costs and taxes

 

 

 

 

 

 

 

 

(164)

Depreciation, depletion, and amortization

 

 

 

 

 

 

 

 

 —

Impairment

 

 

 

 

 

 

 

 

 —

Gain on sale of assets

 

 

 

 

 

 

 

 

128 

Deferred income tax benefit

 

 

 

 

 

 

 

 

(180)

Current income tax benefit

 

 

 

 

 

 

 

 

57 

Net loss from discontinued operations, net of income tax

 

 

 

 

 

 

 

$

(137)