XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.19.2

Discontinued Operations | 6 Months Ended
--- | ---
Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Discontinued Operations |
11. | Discontinued Operations
The Company’s discontinued operations consist of all our subsidiaries included in our Industrial Segment: (1) subsidiaries divested in 2011 and prior, (2) two previously closed locations, and (3) our PFSG facility is in closure status, which final closure is subject to regulatory approval of necessary plans and permits. The Company’s discontinued operations had net losses of $115,000 and $206,000 for the three months ended June 30, 2019 and 2018, respectively (net of taxes of $0 for each period) and net losses of $267,000 and $363,000 for the six months ended June 30, 2019 and 2018, respectively, (net of taxes of $0 for each period). The losses were primarily due to costs incurred in the administration and continued monitoring of our discontinued operations. The Company’s discontinued operations had no revenues for each of the periods noted above. The following table presents the major class of assets of discontinued operations as of June 30, 2019 and December 31, 2018. No assets and liabilities were held for sale at each of the periods noted.
|  | June 30, |  |  | December 31, |
(Amounts in Thousands) |  | 2019 |  |  | 2018 |
Current assets |  |  |  |  |  |  |  |
Other assets |  | $ | 98 |  |  | $ | 107 |
Total current assets |  |  | 98 |  |  |  | 107 |
Long-term assets |  |  |  |  |  |  |  |
Property, plant and equipment, net (1) |  |  | 81 |  |  |  | 81 |
Other assets |  |  | 78 |  |  |  | 118 |
Total long-term assets |  |  | 159 |  |  |  | 199 |
Total assets |  | $ | 257 |  |  | $ | 306 |
Current liabilities |  |  |  |  |  |  |  |
Accounts payable |  | $ | 9 |  |  | $ | 10 |
Accrued expenses and other liabilities |  |  | 262 |  |  |  | 296 |
Environmental liabilities |  |  | 40 |  |  |  | 50 |
Total current liabilities |  |  | 311 |  |  |  | 356 |
Long-term liabilities |  |  |  |  |  |  |  |
Closure liabilities |  |  | 130 |  |  |  | 126 |
Environmental liabilities |  |  | 837 |  |  |  | 837 |
Total long-term liabilities |  |  | 967 |  |  |  | 963 |
Total liabilities |  | $ | 1,278 |  |  | $ | 1,319 |
(1) net of accumulated depreciation of $10,000 for each period presented. The Company’s discontinued operations included a note receivable in the original amount of approximately $375,000 recorded in May 2016 resulting from the sale of property at our Perma-Fix of Michigan, Inc. subsidiary. This note requires 60 equal monthly installment payments by the buyer of approximately $7,250 (which includes interest). At June 30, 2019, the outstanding amount on this note receivable totaled approximately $157,000, of which approximately $79,000 is included in “Current assets related to discontinued operations” and approximately $78,000 is included in “Other assets related to discontinued operations” in the accompanying Consolidated Balance Sheets.

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
Name: | us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration