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Schedule of Asset Retirement Obligations (Tables) | 12 Months Ended
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Dec. 31, 2013
ASSET RETIREMENT OBLIGATION |
Schedule of Asset Retirement Obligations |
(in thousands) |  | 2013 |  |  | 2012 |
Asset retirement obligation, January 1 |  | $ | 2,770 |  |  | $ | 2,702 |
Acquisition of oil and gas properties |  |  | - |  |  |  | - |
Revisions in the estimated cash flows |  |  | - |  |  |  | - |
Liability incurred upon acquiring and drilling wells |  |  | - |  |  |  | - |
Liability settled upon plugging and abandoning wells |  |  | - |  |  |  | - |
Accretion of discount expense |  |  | 0 |  |  |  | 68 |
Asset retirement obligation, December 31 |  | $ | 2,770 |  |  | $ | 2,770 |

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- Definition Tabular disclosure of the carrying amount of a liability for asset retirement obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6392692&loc=d3e7535-110849 + Details
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