Note 9 - Long-Lived Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Table Text Block]

	December 31,
	2012			2011
	(in thousands)
Rigs and workover equipment	$	42,945		$	11,750
Buildings and improvements		6,110			-
Land		1,068			-
Leasehold improvements		5,909			5,677
Other equipment		25,440			3,205
Vehicles		1,639			648
Furniture and fixtures		308			100
Assets in progress		2,342			-
		85,761			21,380
Accumulated depreciation		(7,993	)		(320	)
Property and equipment, net	$	77,768		$	21,060

Schedule of Goodwill [Table Text Block]

	Amount
	(in thousands)
Balance, December 31, 2010	$	-
Goodwill acquired in the acquisition of Baseball Heaven		192
Goodwill acquired in the acquisition of The Show		1,796
Goodwill acquired in the acquisition of Rogue		6,256
Balance, December 31, 2011		8,244
Goodwill acquired in the acquisition of Eagle		10,126
Goodwill acquired in the acquisition of Sun Well		36,557
Goodwill acquired in the acquisition of CrossFit South Bay		154
Impairment of goodwill of The Show		(1,796	)
Impairment of goodwill of Baseball Heaven		(192	)
Balance, December 31, 2012	$	53,093

Schedule of Intangible Assets and Goodwill [Table Text Block]

	December 31,
	2012				2,011
	(in thousands)
Goodwill	$	55,081		$	8,244
Accumulated impairment		(1,988	)		-
Net goodwill	$	53,093		$	8,244

Schedule of Finite-Lived Intangible Assets [Table Text Block]

	December 31, 2012
	Cost		Accumulated Amortization			Net		Amortization Method	Estimated Useful Life (years)
	(in thousands)
Steel Sports:
Customer relationships	$	235	$	(67	)		168	Straight-line	5
Steel Energy:
Customer relationships		43,100		(6,356	)		36,744	Accelerated	10
Trade names		4,100		(1,125	)		2,975	Accelerated	5
		47,200		(7,481	)		39,719
	$	47,435	$	(7,548	)	$	39,887

	December 31, 2011
	Cost		Accumulated Amortization			Net		Amortization Method	Estimated Useful Life (years)
	(in thousands)
Steel Sports:
Customer relationships	$	235	$	(20	)		215	Straight-line	5
Steel Energy:
Customer relationships		4,700		(29	)		4,671	Accelerated	10
Trade names		900		-			900	Accelerated	5
		5,600		(29	)		5,571
	$	5,835	$	(49	)	$	5,786

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

	Steel Sports		Steel Energy		Total
	(in thousands)
For the year ended December 31:
2013	$	47	$	8,534	$	8,581
2014		47		6,565		6,612
2015		47		5,267		5,314
2016		27		4,216		4,243
2017		-		3,158		3,158
Thereafter		-		11,979		11,979
	$	168	$	39,719	$	39,887