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DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Jun. 30, 2012
Discontinued Operations and Disposal Groups [Abstract]  
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Table Text Block]
The table below sets forth the effects of changes in Forest’s ownership interest in Lone Pine on Forest’s equity, during the three and six months ended June 30, 2011 when Forest had an ownership interest in Lone Pine.

 
Three Months Ended June 30, 2011
 
Six Months Ended June 30, 2011
 
(In Thousands)
Net earnings attributable to Forest Oil Corporation
$
38,910

 
$
35,580

Transfers from (to) the noncontrolling interest:
 
 
 
Increase in Forest Oil Corporation’s capital surplus for sale of 15 million Lone Pine Resources Inc. common shares
112,879

 
112,879

Change from net earnings attributable to Forest Oil Corporation and transfers from (to) noncontrolling interest
$
151,789

 
$
148,459

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement

The table below presents the major components of earnings from discontinued operations for the periods presented.

 
 
Three Months Ended June 30, 2011
 
Six Months Ended June 30, 2011
 
 
(In Thousands)
 
 
(Unaudited)
Total revenues
 
$
51,263

 
$
87,536

Production expenses
 
13,993

 
26,448

General and administrative
 
2,377

 
5,591

Depreciation, depletion, and amortization
 
20,962

 
39,981

Interest expense
 
1,155

 
1,239

Unrealized gains on derivative instruments
 
(5,130
)
 
(5,130
)
Realized foreign currency exchange gains
 
(33,892
)
 
(33,892
)
Unrealized foreign currency exchange losses, net
 
36,360

 
28,540

Other, net
 
617

 
691

Earnings from discontinued operations before tax
 
14,821

 
24,068

Income tax
 
4,951

 
7,607

Net earnings from discontinued operations
 
$
9,870

 
$
16,461