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ASSET RETIREMENT OBLIGATIONS (Tables)
3 Months Ended
Mar. 31, 2013
Asset Retirement Obligations Operating Costs

For the three month periods ended March 31, we recognized ARO operating costs related to accretion of the liabilities and depreciation of the assets as follows:

 

      Three Months Ended
March 31
 
in thousands    2013      2012  

ARO Operating Costs

     

Accretion

            $2,006                  $2,019   

Depreciation

     779         1,864   

Total

     $2,785         $3,883   
Reconciliations of Asset Retirement Obligations

Reconciliations of the carrying amounts of our AROs are as follows:

 

      Three Months Ended
March 31
 
in thousands    2013     2012  

Asset Retirement Obligations

    

Balance at beginning of period

     $150,072        $153,979   

Liabilities incurred

     0        0   

Liabilities settled

     (1,292     (621

Accretion expense

     2,006        2,019   

Revisions up (down), net

     5,672        25   

Balance at end of period

         $156,458            $155,402