Note 6 - Commitments and Contingencies

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

NOTE

6

—

COMMITMENTS AND CONTINGENCIES

Surety Bond

As of 

March 

31,

2018,

our asset retirement obligations totaled 

$12.7

million and had total corresponding reclamation bonding requirements of 

$12.5

million, which were supported by surety bonds.

Purchase Commitments

We secure the ability to transport coal through rail contracts and export terminals that are sometimes funded through take-or-pay arrangements. As of 

March 

31,

 

2018,

commitments under take-or-pay arrangements totaled

$184

thousand, all of which was satisfied within the next month.

Litigation

From time to time, the Company is subject to various litigation and other claims in the normal course of business. 

No

 amounts have been accrued in the consolidated financial statements with respect to any matters.