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Selected Asset Information (Tables)
6 Months Ended
Jun. 30, 2012
Selected Asset Information  
Schedule of property and equipment and accumulated depreciation

 Property, equipment and accumulated depreciation were as follows (in thousands):

 
  Estimated
Useful Life
  June 30,
2012
  December 31,
2011
 
 
   
  (Unaudited)
   
 

Field operating equipment

    3 - 10 years   $ 318,882   $ 318,530  

Vehicles

    3 - 10 years     72,485     76,849  

Buildings and improvements

    6 - 39 years     10,531     10,948  

Software

    3 - 5 years     25,974     25,554  

Data processing equipment

    3 - 5 years     9,692     9,765  

Furniture and equipment

    3 - 5 years     3,860     3,994  
                 

 

          441,424     445,640  

Less: accumulated depreciation

          (256,948 )   (235,281 )
                 

 

          184,476     210,359  

Assets under construction

          2,242     2,277  
                 

 

        $ 186,718   $ 212,636  
                 
Schedule of multi-client seismic library costs and accumulated amortization

Multi-client seismic library costs and accumulated amortization were as follows (in thousands):

 
  June 30,
2012
  December 31,
2011
 
 
  (Unaudited)
   
 

Acquisition and processing costs

  $ 162,404   $ 169,881  

Less accumulated amortization

    (134,294 )   (128,369 )
           

Multi-client data library, net

  $ 28,110   $ 41,512  
           
Schedule of changes in deferred financing costs

Changes in deferred financing costs are as follows (in thousands):

 
  Six Months
Ended
June 30,
2012
  Six Months
Ended
June 30,
2011
 
 
  (Unaudited)
  (Unaudited)
 

Balance at the beginning of the period

  $ 12,987   $ 11,794  

Capitalized(1)

    714     587  

Amortized(2)

    (2,017 )   (1,500 )

Write-offs(3)

        (2,001 )
           

Balance at the end of the period

  $ 11,684   $ 8,880  
           

(1)
In 2012, the Company recorded $0.7 million in deferred financing costs in connection with the financing with certain related parties. See note 3. In 2011, the Company recorded $0.5 million in deferred financing costs in connection with an amendment to the RBC Revolving Credit Facility.

(2)
Includes $1.0 million and $0.9 million for the three months ended June 30, 2012 and 2011, respectively.

(3)
During the second quarter of 2011, the company wrote off 1) $1.1 million, included in interest expense in the interim condensed consolidated statement of operations, related to an amendment to the RBC Revolving Credit Facility and 2) $1.1 million, included in other income (expense) in the interim condensed consolidated statement of operations, related to the early extinguishment of the RBC Revolving Credit Facility.
Schedule of other assets, net

 Other assets, net, are as follows (in thousands):

 
  June 30, 2012   December 31, 2011  
 
  Gross
Carrying
Value
  Accumulated
Amortization
  Total Net
Book Value
  Gross
Carrying
Value
  Accumulated
Amortization
  Total Net
Book Value
 
 
  (Unaudited)
   
   
   
 

Intangible assets:

                                     

Order backlog

  $ 5,700   $ (5,700 ) $   $ 5,700   $ (5,629 ) $ 71  

License agreement

    500     (119 )   381     500     (94 )   406  
                           

Total intangible assets

  $ 6,200   $ (5,819 ) $ 381   $ 6,200   $ (5,723 ) $ 477  
                           

Other:

                                     

Cost method investments

                7,123                 6,713  

Indemnification receivable from PGS and other assets

                1,436                 1,447  
                                   

Total other

                8,559                 8,160  
                                   

Total other assets, net

              $ 8,940               $ 8,637