Asset Retirement Obligations

9 Months Ended

Sep. 30, 2014

Asset Retirement Obligation Disclosure [Abstract]

ASSET RETIREMENT OBLIGATIONS

owing table summarizes the changes in the Company’s asset retirement obligations for the nine months ended September 30, 2014 (in thousands).

Beginning asset retirement obligations	$	7,484
Liabilities incurred during period	1,906
Liabilities settled during period	(22		)
Revisions in estimated cash flows	1,552
Accretion expense	371
Ending asset retirement obligations	11,291
Less: current asset retirement obligations(1)	(540		)
Long-term asset retirement obligations	$	10,751

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(1) Included in accrued liabilities in the Company’s unaudited condensed consolidated balance sheet at September 30, 2014.