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Discontinued Operations and Held for Sale Properties (Tables)
6 Months Ended
Jun. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The table below provides a detail of these items included in income (loss) from discontinued operations as follows:

(in thousands)
Three months ended June 30, 2014
Six months ended June 30, 2014
Alagasco net income (loss)
$
(615
)
$
42,413

Depreciation, depletion and amortization
(153
)
(305
)
General and administrative
687

1,627

Interest expense
(7,190
)
(12,977
)
Other income
(228
)
(347
)
Income tax expense
2,603

4,538

Alagasco income (loss) from discontinued operations
(4,896
)
34,949

Energen income (loss) from discontinued operations
97

(1,029
)
Income (loss) from discontinued operations
$
(4,799
)
$
33,920




(in thousands, except per share data)
Three months
ended
June 30, 2014
Six months
ended
June 30, 2014
Natural gas distribution revenues
$
93,873

$
357,774

Oil and natural gas revenues
390

5,211

Total revenues
$
94,263

$
362,985

Pretax income (loss) from discontinued operations
$
(7,797
)
$
54,519

Income tax expense (benefit)
(2,998
)
20,599

Income (Loss) From Discontinued Operations
$
(4,799
)
$
33,920

Loss on disposal of discontinued operations
$

$
(1,667
)
Income tax benefit

(617
)
Loss on Disposal of Discontinued Operations
$

$
(1,050
)
Total Income (Loss) From Discontinued Operations
$
(4,799
)
$
32,870

Diluted Earnings Per Average Common Share
 
 
Income (loss) from discontinued operations
$
(0.07
)
$
0.46

Loss on disposal of discontinued operations

(0.01
)
Total Income (Loss) From Discontinued Operations
$
(0.07
)
$
0.45

Basic Earnings Per Average Common Share
 
 
Income (loss) from discontinued operations
$
(0.07
)
$
0.46

Loss on disposal of discontinued operations

(0.01
)
Total Income (Loss) From Discontinued Operations
$
(0.07
)
$
0.45

As discussed in Note 14, Acquisition and Disposition of Properties, the following table details held for sale properties by major classes of assets and liabilities:

(in thousands)
December 31, 2014
 
 
 
 
 
San Juan Basin*
Oil and natural gas properties
 
 
 
$
1,166,124

Less accumulated depreciation, depletion and amortization
 
 
 
(770,327
)
Total assets held for sale
 
 
 
395,797

Other long-term liabilities
 
 
 
(24,230
)
Total liabilities held for sale
 
 
 
(24,230
)
Total net assets held for sale
 
 
 
$
371,567

*The San Juan Basin natural gas assets that were held for sale as of December 31, 2014, did not qualify for discontinued operations as we have ongoing operations in the San Juan Basin.