Restructuring and Asset Impairments	6 Months Ended
Jun. 30, 2014
Restructuring and Asset Impairments
Restructuring and Asset Impairments	Note 2—Restructuring and Asset Impairments In the second quarter of 2014, the Company idled the Canadian Operations, which included the Wolverine, Brule and Willow Creek mines in the Canadian and U.K. Operations segment. We placed the Wolverine mine on idle status in April and the Brazion operations (which includes the operations of Brule and Willow Creek) on idle status in June and recognized restructuring charges for this idling of approximately $7.1 million in the Canadian and U.K. Operations segment. The Company also recognized restructuring charges of approximately $0.7 million in the U.S. Operations segment and $0.5 million in the Other segment for the three and six months ended June 30, 2014. For the three and six months ended June 30, 2013, the Company recognized a gain of approximately $17.0 million due to the release of a below market contract liability that was obtained through the acquisition of North River which was partially offset by asset impairment charges of approximately $8.0 million, all related to the accelerated closure of the North River mine. The Company also incurred $3.3 million and $10.7 million of costs related to the curtailment of the Willow Creek mine for the three and six months ended June 30, 2013, respectively. All of these charges are presented as restructuring and asset impairments in the Condensed Consolidated Statements of Operations. Assets Held for Sale On May 2, 2014, the Company reached an agreement in principle with the Alabama State Port Authority to sell both the Blue Creek Coal Terminal located in the Port of Mobile and an additional parcel of more than 60 acres of land (collectively "BCCT") for a total consideration of $25.0 million. Additionally, the parties have agreed in principle to amend and extend the existing coal handling agreement and make certain improvements to the coal handling facility at the port. As of June 30, 2014, the Company classified the BCCT as assets held for sale in current assets in the Condensed Consolidated Balance Sheets. The BCCT assets are part of the U.S. Operations segment. The Company anticipates the sale closing in the third quarter of 2014. The Company recognized an impairment charge of approximately $23.0 million as of June 30, 2014 to reduce the carrying value of these assets to their fair value less costs to sell. The carrying value of the BCCT assets as of December 31, 2013 was $47.5 million and was included in property, plant and equipment, net, within the Condensed Consolidated Balance Sheets. Fair value was determined based upon the anticipated sales price of the BCCT asset sale and is categorized as a Level 3 in the fair value hierarchy. This charge is included in restructuring and asset impairments in the Condensed Consolidated Statements of Operations.

Note 2—Restructuring and Asset Impairments

In the second quarter of 2014, the Company idled the Canadian Operations, which included the Wolverine, Brule and Willow Creek mines in the Canadian and U.K. Operations segment. We placed the Wolverine mine on idle status in April and the Brazion operations (which includes the operations of Brule and Willow Creek) on idle status in June and recognized restructuring charges for this idling of approximately $7.1 million in the Canadian and U.K. Operations segment. The Company also recognized restructuring charges of approximately $0.7 million in the U.S. Operations segment and $0.5 million in the Other segment for the three and six months ended June 30, 2014. For the three and six months ended June 30, 2013, the Company recognized a gain of approximately $17.0 million due to the release of a below market contract liability that was obtained through the acquisition of North River which was partially offset by asset impairment charges of approximately $8.0 million, all related to the accelerated closure of the North River mine. The Company also incurred $3.3 million and $10.7 million of costs related to the curtailment of the Willow Creek mine for the three and six months ended June 30, 2013, respectively. All of these charges are presented as restructuring and asset impairments in the Condensed Consolidated Statements of Operations.

Assets Held for Sale

On May 2, 2014, the Company reached an agreement in principle with the Alabama State Port Authority to sell both the Blue Creek Coal Terminal located in the Port of Mobile and an additional parcel of more than 60 acres of land (collectively "BCCT") for a total consideration of $25.0 million. Additionally, the parties have agreed in principle to amend and extend the existing coal handling agreement and make certain improvements to the coal handling facility at the port. As of June 30, 2014, the Company classified the BCCT as assets held for sale in current assets in the Condensed Consolidated Balance Sheets. The BCCT assets are part of the U.S. Operations segment. The Company anticipates the sale closing in the third quarter of 2014. The Company recognized an impairment charge of approximately $23.0 million as of June 30, 2014 to reduce the carrying value of these assets to their fair value less costs to sell. The carrying value of the BCCT assets as of December 31, 2013 was $47.5 million and was included in property, plant and equipment, net, within the Condensed Consolidated Balance Sheets. Fair value was determined based upon the anticipated sales price of the BCCT asset sale and is categorized as a Level 3 in the fair value hierarchy. This charge is included in restructuring and asset impairments in the Condensed Consolidated Statements of Operations.