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FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Schedule of recurring measurements of the fair value of assets and liabilities

Recurring measurements of the fair value of assets and liabilities as of September 30, 2017 and December 31, 2016 are as follows:

		September 30, 2017																December 31, 2016
		Level 1				Level 2				Level 3				Total				Level 1				Level 2				Level 3				Total
Marketable equity securities:
Sutter Gold Mining Company		$	7			$	—			$	—			$	7			$	16			$	—			$	—			$	16
Anfield Resources, Inc.			457				—				—				457				930				—				—				930
Commodity price risk derivatives							29				—				29				—				—				—				—
Total		$	464			$	29			$	—			$	493			$	946			$	—			$	—			$	946
Outstanding warrant liability		$	—			$	—			$	580			$	580			$	—			$	—			$	1,030			$	1,030

Schedule of reconciliation of changes in assets and liabilities measured at fair value on a recurring basis

The following table presents a reconciliation of changes in assets and liabilities measured at fair value on a recurring basis for the period ended September 30, 2017 and the year ended December 31, 2016.

		Assets												Liabilities
		Marketable Securities and Derivatives
			Sutter				Anfield				Derivatives				Warrants
			(Level 1)				(Level 1)				(Level 2)				(Level 3)				Net
Fair value, December 31, 2016		$	16			$	930			$	—				1,030			$	1,976
Total net losses included in:
Other comprehensive loss			(9	)			(473	)			—				—				(482	)
Fair value adjustments included in net loss:
Net unrealized gain on warrant fair value adjustment			—				—				—				(450	)			(450	)
Crude oil price risk derivatives			—				—				29				—				29
Fair value, September 30, 2017		$	7			$	457				29				580			$	1,073

X

- Definition

Tabular disclosure of the amount of gains or losses for the period included in earnings or resulted in a change to net assets, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of assets, liabilities, and financial instruments classified in shareholders' equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

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X

- References

No definition available.

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258

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