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Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
The following table details held-for-sale properties by major classes of assets and liabilities:

(in thousands)
September 30, 2013
 
Black Warrior Basin
North Louisiana/East Texas

Total
Accounts receivable
$
3,704

$
1,418

$
5,122

Inventories
1,078

63

1,141

Oil and gas properties
304,012

348,380

652,392

Less accumulated depreciation, depletion and amortization
(183,011
)
(293,935
)
(476,946
)
Other property, net
1,970

183

2,153

Total assets held-for-sale
127,753

56,109

183,862

Accounts payable
(1,713
)
(2
)
(1,715
)
Royalty payable
(792
)
(936
)
(1,728
)
Other current liabilities
(358
)
(35
)
(393
)
Other long-term liabilities
(5,377
)
(14,732
)
(20,109
)
Total liabilities held-for-sale
(8,240
)
(15,705
)
(23,945
)
Total held-for-sale properties
$
119,513

$
40,404

$
159,917

 
Three months ended
Nine months ended
 
September 30,
September 30,
(in thousands, except per share data)
2013
2012
2013
2012
 
 
 
 
 
Oil and gas revenues
$
18,258

$
18,895

$
55,483

$
57,601

Pretax income (loss) from discontinued operations
$
2,971

$
5,526

$
9,980

$
(6,028
)
Income tax expense (benefit)
1,105

1,975

3,711

(2,044
)
Income (Loss) From Discontinued Operations
$
1,866

$
3,551

$
6,269

$
(3,984
)
Loss on disposal of discontinued operations
$
(24,612
)
$
—

$
(24,612
)
$
—

Income tax benefit
(8,934
)
—

(8,934
)
—

Loss on Disposal of Discontinued Operations
$
(15,678
)
$
—

$
(15,678
)
$
—

Total Income (Loss) From Discontinued Operations
$
(13,812
)
$
3,551

$
(9,409
)
$
(3,984
)
Diluted Earnings Per Average Common Share
 
 
 
 
Income (Loss) from Discontinued Operations
$
0.03

$
0.05

$
0.09

$
(0.05
)
Loss on Disposal of Discontinued Operations
(0.22
)
—

(0.22
)
—

Total Income (Loss) From Discontinued Operations
$
(0.19
)
$
0.05

$
(0.13
)
$
(0.05
)
Basic Earnings Per Average Common Share
 
 
 
 
Income (Loss) from Discontinued Operations
$
0.03

$
0.05

$
0.09

$
(0.06
)
Loss on Disposal of Discontinued Operations
(0.22
)
—

(0.22
)
—

Total Income (Loss) From Discontinued Operations
$
(0.19
)
$
0.05

$
(0.13
)
$
(0.06
)