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8. EQUITY METHOD INVESTMENTS (Details 1) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2015 | Sep. 30, 2014 | Sep. 30, 2015 | Sep. 30, 2014
Gain on Settlement |  | $ (5) | $ 275 | $ (5,413)
Gain on sale of oil and gas properties [Member] |  |  |  |
Allocated Proceeds |  |  | 895 |
Historical Cost |  |  | 620 |
Gain on Settlement |  |  | 275 |
Gain on sale of equity investment [Member] |  |  |  |
Allocated Proceeds |  |  | 1,838 |
Historical Cost |  |  | 1,272 |
Gain on Settlement |  |  | 566 |
Gain on debt extinguishment [Member] |  |  |  |
Allocated Proceeds |  |  | 7,117 |
Historical Cost |  |  | 4,925 |
Gain on Settlement |  |  | 2,192 |
Total Allocation Gain Settlement [Member] |  |  |  |
Allocated Proceeds |  |  | 9,850 |
Historical Cost |  |  | 6,817 |
Gain on Settlement |  |  | $ 3,033 |

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- Definition Cost of oil and gas purchased during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=51678428&loc=d3e62136-109447 + Details
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