Selected Asset Information (Tables)

9 Months Ended

Sep. 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	September 30, 2012			December 31, 2011
	(Unaudited)
Field operating equipment	3 - 10 years	$	316,450		$	318,530
Vehicles	3 - 10 years	71,485			76,849
Buildings and improvements	6 - 39 years	8,219			10,948
Software	3 - 5 years	26,230			25,554
Data processing equipment	3 - 5 years	9,677			9,765
Furniture and equipment	3 - 5 years	3,924			3,994
		435,985			445,640
Less: accumulated depreciation		(270,864		)	(235,281		)
		165,121			210,359
Assets under construction		2,241			2,277
		$	167,362		$	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):

	September 30, 2012			December 31, 2011
	(Unaudited)
Acquisition and processing costs	$	170,190		$	169,119
Less accumulated amortization	(139,472		)	(127,607		)
Multi-client data library, net	$	30,718		$	41,512

Schedule of changes in deferred financing costs

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

	Nine Months Ended September 30, 2012			Nine Months Ended September 30, 2011
	(Unaudited)			(Unaudited)
Balance at the beginning of the period	$	12,987		$	11,794
Capitalized(1)	784			6,356
Amortized(2)	(3,063		)	(2,277		)
Write-offs(3)	—			(2,001		)
Balance at the end of the period	$	10,708		$	13,872

(1)In 2012, the Company recorded $0.8 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, and $5.9 million in deferred financing costs in connection with the amended and restated credit agreement for the Whitebox Revolving Credit Facility entered into on August 12, 2011.

(2)Includes $1.0 million and $0.8 million for the three months ended September 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):

	September 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		(131		)	369		500		(94		)	406
Total intangible assets	$	6,200	$	(5,831	)	$	369	$	6,200	$	(5,723	)	$	477
Other:
Cost method investments						7,282							6,713
Indemnification receivable from PGS and other assets						1,286							1,447
Total other						8,568							8,160
Total other assets, net						$	8,937						$	8,637