Liabilities

“Accrued expenses and other current liabilities” consisted of the following:



	June 30, 2013		December 31, 2012
	(in thousands)
Tax-related	$	1,185	$	1,197
Accrued compensation and related taxes	2,924		3,424
Deferred revenue	3,570		299
Insurance	1,483		—
Professional services	251		282
Accrued fuel and rig-related charges	810		162
Other	701		739
	$	10,924	$	6,103

“Other long-term liabilities” consisted of the following:



	June 30, 2013		December 31, 2012
	(in thousands)
Tax-related	$	7,340	$	7,340
Deferred compensation	2,630		2,032
Other	53		—
	$	10,023	$	9,372

Sun Well, a wholly-owned subsidiary in the Company's Energy segment, had a credit agreement with Wells Fargo Bank, National Association, that included a term loan of $20.0 million and a revolving line of credit for up to $5.0 million. All amounts due under this credit agreement were fully repaid as of June 30, 2013. On July 3, 2013, Steel Energy entered into a new credit agreement with a group led by Wells Fargo Bank, National Association pursuant to which Steel Energy borrowed $70.0 million in term loans and established a revolving line of credit for up to $10.0 million (see Note 17).