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Asset Retirement Obligations
12 Months Ended
Dec. 31, 2011
Asset Retirement Obligations
7. Asset Retirement Obligations

 

The following table reconciles our AROs for the periods presented, which are included in the Other liabilities caption on our Consolidated Balance Sheets:

 

    As of December 31,  
    2011     2010  
Balance at beginning of year   $ 7,364     $ 6,835  
Liabilities incurred     214       126  
Liabilities settled     (183 )     (41 )
Sale of properties     (1,611 )     -  
Accretion expense     499       444  
Balance at end of year   $ 6,283     $ 7,364