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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 865 $ 5,570
Short-term available-for-sale investments 226
Prepaid and other current assets 914 $ 863
Total Current Assets 2,005 6,433
Property, plant and equipment, at cost:    
Property, plant and equipment 114,496 98,454
Less accumulated depreciation, depletion and impairment (65,684) (65,724)
Net property, plant and equipment 48,812 32,730
Restricted cash 4,026 $ 3,941
Long-term assets held for sale 2,123
Total Assets 56,966 $ 43,104
Current Liabilities:    
Accounts payable 3,046 796
Accrued liabilities 1,569 $ 1,680
Convertible loan net of discount - related party 6,154
Current portion of asset retirement obligations 121 $ 196
Total Current Liabilities 10,890 2,672
Asset retirement obligations, net of current portion $ 4,242 3,895
Convertible loan net of discount - related party 4,345
Other long-term liabilities and deferred credits $ 800 500
Long term liabilities related to assets held for sale 555 555
Total Liabilities $ 16,487 $ 11,967
Commitments and Contingencies
Stockholders' Equity:    
Common stock, 100,000,000 shares authorized, $.001 par value; Issued shares - 4,530,211 and 2,107,400, respectively Outstanding shares - 4,522,186 and 2,099,375, respectively $ 5 $ 2
Paid-in capital 258,096 $ 233,547
Accumulated other comprehensive income (67)
Accumulated deficit (217,297) $ (202,154)
Less: Treasury stock (8,025 and 8,025 shares, respectively), at cost (258) (258)
Total Stockholders' Equity 40,479 31,137
Total Liabilities and Stockholders' Equity $ 56,966 $ 43,104