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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 3,826 $ 865
Prepaid and other current assets 621 1,140
Total Current Assets 4,447 2,005
Property, plant and equipment, at cost:    
Property, plant and equipment 113,924 114,496
Less accumulated depreciation, depletion and impairment (65,831) (65,684)
Net property, plant and equipment 48,093 48,812
Restricted cash 3,968 4,026
Long-term assets held for sale 2,123 2,123
Total Assets 58,631 56,966
Current Liabilities:    
Accounts payable 952 3,046
Accrued liabilities 1,834 1,569
Convertible loan, net of discount – related party 7,509 6,154
Current portion of asset retirement obligations 121 121
Total Current Liabilities 10,416 10,890
Asset retirement obligations, net of current portion 4,548 4,242
Other long-term liabilities and deferred credits 725 800
Long-term liabilities related to assets held for sale 555 555
Total Liabilities 16,244 16,487
Commitments and Contingencies
Stockholders’ Equity:    
Common stock, 100,000,000 shares authorized, $.001 par value; Issued shares – 12,496,047 and 4,530,211, respectively Outstanding shares – 12,488,022 and 4,522,186, respectively 12 5
Paid-in capital 272,554 258,096
Accumulated other comprehensive income (67)
Accumulated deficit (229,921) (217,297)
Treasury stock (8,025 and 8,025 shares, respectively), at cost (258) (258)
Total Stockholders’ Equity 42,387 40,479
Total Liabilities and Stockholders’ Equity $ 58,631 $ 56,966