NOTE 9 - INVENTORY

Our inventory consists of three major classes: spare parts, fuel, and warehouse inventory. Spare parts and warehouse inventories are stated at the lower of cost or market based on the first-in, first-out method of accounting. Our fuel inventory is based on the average cost method of accounting. We have broken down the inventory balances as of March 31, 2016 and December 31, 2015 by major class in the following table:



(All Amounts in Thousands)
Inventory Classes		March 31, 2016		December 31, 2015
Spare Parts Inventory	$	1,874	$	1,930
Fuel Inventory		2,714		2,854
Warehouse Inventory		2,251		2,251
Total	$	6,839	$	7,035