Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Taxes [Abstract]

Expected Income Tax

Our income tax is different than the expected amount computed using the applicable federal and state statutory income tax rates.  The reasons for and effects of such differences for the years ended December 31 are below:

	2018			2017
Expected amount	$	737		$	4,868
Adjustment to deferred taxes from the Tax Act rate reduction		-			(17,974	)
State income taxes, net of federal benefit		(654	)		115	)
Percentage depletion		(3,278	)		(4,128	)
Stock-based compensation		(15	)		(204	)
Captive insurance		-			(379	)
Adjustments to NOL carryforwards		-			(1,038	)
Return to provision adjustments		(592	)		(205	)
Other		(273	)		(249	)
	$	(4,075	)	$	(19,194	)

Schedule of Deferred Tax Assets and Liabilities

The deferred tax assets and liabilities resulting from temporary differences between book and tax basis are comprised of the following at December 31: 

		2018		2017
Long-term deferred tax assets:
Stock-based compensation	$	613	$	251
Investment in Savoy		-		781
Net operating loss		17,194		13,626
Interest limitation carryforward		441		-
Alternative minimum tax credit		1,049		2,705
Other		995		943
Total long-term deferred tax assets:		20,292		18,306
Coal properties		(46,733)		(47,034)
Net deferred tax liability	$	(26,441)	$	(28,728)