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AFFILIATIONS AND DISCONTINUED OPERATIONS (Tables)
 3 Months Ended
Mar. 31, 2016
Business Combinations [Abstract]  
Schedule of the fair value of the assets acquired and the liabilities assumed
The following table summarizes the preliminary purchase price allocation and reflects 100% of the fair values of the assets acquired and the liabilities assumed by the Company in connection with the Transaction. The Company is still awaiting final valuation reports supporting the allocation of the purchase price to certain identifiable intangibles. Total consideration for the step acquisition of the remaining interest in the Marina Projects was $46.0 million, which represents the fair value of the Company’s interest in the Partner Projects exchanged ($31.5 million) as well as the existing value of the Marina Projects immediately prior to the exchange ($14.5 million) (in thousands):

 
 
Current assets (excluding inventory)
$
7,804

Inventory
3,154

Note Receivable Received
19,504

Fixed Assets
41,190

Intangible Assets:
 
     Identifiable Intangibles
22,220

     Goodwill
8,139

Non-Current Assets
1,873

Current Liabilities
(8,196
)
Note Payable - Affiliate
(16,986
)
Long-Term Debt, including current portion
(21,642
)
Capital Lease Payable
(10,458
)
Other Non-Current Liabilities
(572
)
          Fair Value of Consolidated Assets and Liabilities of Acquired Projects
$
46,030
Summary of operating results of discontinued operations
Summarized operating results of the discontinued operations for the three months ended March 31, 2016 and 2015, were (in thousands, except per share amounts):
 
Three Months Ended
March 31,
 
2016
 
2015
Loss before Income Taxes:
 
 
 
Sand Mining
$
(146
)
 
$
(347
)
Fuel Oil
(35
)
 
(66
)
Income Tax Benefits
63

 
137

Loss from Discontinued Operations — Net
$
(118
)
 
$
(276
)
Earnings Per Common Share from
 
 
 

Discontinued Operations — Net:
 
 
 

Basic and Diluted
$
—

 
$
—