Consolidated Balance Sheets (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
ASSETS
Cash and cash equivalents	$ 3,452	$ 5,911
Accounts receivable	144	277
Prepaid expenses and other	738	299
Total current assets	4,334	6,487
Property, plant, equipment and water programs, net	40,822	38,315
Goodwill	3,813	3,813
Other assets	352	321
Total Assets	49,321	48,936
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable	863	358
Accrued liabilities	918	1,518
Current portion of long term debt	8	16
Total current liabilities	1,789	1,892
Long-term debt, net	50,517	44,403
Derivative liabilities		451
Tax liability	321	321
Other long-term liabilities	1,423	923
Total Liabilities	54,050	47,990
Common stock - $.01 par value; 70,000,000 shares authorized; shares issued and outstanding – 14,192,874 at September 30, 2011 and 13,677,772 at December 31, 2010	142	137
Additional paid-in capital	288,766	282,359
Accumulated deficit	(293,637)	(281,550)
Total stockholders’ (deficit) equity	(4,729)	946
Total Liabilities and Stockholders’ equity	$ 49,321	$ 48,936