XML 15 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 83,099 $ 91,877
Accounts receivable, net of allowance for doubtful accounts of $200 and $206, respectively 73,043 71,813
Inventory 13,378 7,671
Fair value contracts 20 0
Income tax receivable 629 2,587
Prepayments 2,251 2,589
Total current assets 172,420 176,537
Property and Equipment    
Marketing 64,788 65,200
Transportation 70,367 70,732
Oil and gas (successful efforts method) 74,030 77,117
Other 187 187
Property and equipment 209,372 213,236
Less - Accumulated depreciation, depletion and amortization (152,748) (153,521)
Net property and equipment 56,624 59,715
Other Assets:    
Investments 2,009 0
Cash deposits and other 6,862 6,963
Total Assets 237,915 243,215
Current Liabilities:    
Accounts payable 69,219 74,117
Accounts payable - related party 69 40
Fair value contracts 373 195
Accrued and other liabilities 6,136 5,845
Total current liabilities 75,797 80,197
Other Liabilities:    
Asset retirement obligations 2,426 2,469
Deferred taxes and other liabilities 6,680 8,039
Total liabilities $ 84,903 $ 90,705
Commitments and Contingencies (Note 5)
Shareholders' Equity:    
Preferred stock - $1.00 par value, 960,000 shares authorized, none outstanding $ 0 $ 0
Common stock - $.10 par value, 7,500,000 shares authorized, 4,217,596 shares outstanding 422 422
Contributed capital 11,693 11,693
Retained earnings 140,897 140,395
Total shareholders' equity 153,012 152,510
Liabilities and shareholders' equity $ 237,915 $ 243,215