Oil And Gas Properties (Tables)

12 Months Ended

Dec. 31, 2013

Oil And Gas Properties [Abstract]

Results of Operations for Oil and Gas Producing Activities Disclosure

		Year Ended December 31,
		2013 (1)		2012		2011
Revenues	$	48,847	$	557,231	$	696,607
Costs:
Production (lifting) costs		16,017		164,663		176,269
Hurricane repair expense		-		662		(4,838)
Exploration expenses		3,514		3,295		10,914
Depreciation, depletion, amortization and accretion		1,226		158,284		219,915
Proved property impairment and abandonment (2)		(152)		151,045		113,439
(Gain) loss on sale of oil and gas properties		-		1,714		(4,531)
Hedge ineffectiveness and non-hedge gain on commodity derivative contracts		-		(5,550)		-
Selling, general and administrative expenses		1,229		17,823		12,951
Net interest expense and other (3)		2,732		28,191		25,558
Total costs		24,566		520,127		549,677
Pretax income from discontinued operations		24,281		37,104		146,930
Income tax provision		8,499		13,420		51,709
Income from operations of discontinued operations		15,782		23,684		95,221
Loss on sale of business, net of tax		(14,709)		-		-
Income from discontinued operations, net of tax	$	1,073	$	23,684	$	95,221

(1) Results for 2013 reflect the operating results from January1, 2013 through February6, 2013 when ERT was sold.  There were no material results of operations for our former oil and gas segment subsequent to the sale of ERT.

(2) Results for 2012 include a charge of $138.6 million to reduce our carrying value of ERT to its estimated fair value less costs to sell.

(3) Net interest expense of $2.7 million,  $27.7 million and $25.2 million for the years ended December31, 2013, 2012 and 2011, respectively, was allocated to ERT and primarily consisted of interest associated with indebtedness directly attributed to the substantial oil and gas acquisition made in 2006.  This includes interest related to debt required to be repaid upon the disposition of ERT.