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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 94 $ 865
Prepaid and other current assets 1,209 1,140
Total Current Assets 1,303 2,005
Property, plant and equipment, at cost:    
Property, plant and equipment 114,460 114,496
Less accumulated depreciation, depletion and impairment (65,730) (65,684)
Net property, plant and equipment 48,730 48,812
Restricted cash 4,032 4,026
Long-term assets held for sale 2,123 2,123
Total Assets 56,188 56,966
Current Liabilities:    
Accounts payable 2,942 3,046
Accrued liabilities 1,757 1,569
Convertible loan, net of discount - related party 6,604 6,154
Current portion of asset retirement obligations 121 121
Total Current Liabilities 11,424 10,890
Asset retirement obligations, net of current portion 4,323 4,242
Other long-term liabilities and deferred credits 800 800
Long-term liabilities related to assets held for sale 555 555
Total Liabilities $ 17,102 $ 16,487
Commitments and Contingencies
Stockholders' Equity:    
Common stock, 100,000,000 shares authorized, $.001 par value; Issued shares – 5,244,459 and 4,530,211, respectively Outstanding shares – 5,236,434 and 4,522,186, respectively $ 5 $ 5
Paid-in capital $ 260,909 258,096
Accumulated other comprehensive income (67)
Accumulated deficit $ (221,570) (217,297)
Treasury stock (8,025 and 8,025 shares, respectively), at cost (258) (258)
Total Stockholders' Equity 39,086 40,479
Total Liabilities and Stockholders' Equity $ 56,188 $ 56,966