Income Taxes - Deferred Tax Assets and Liabilities (Details) (USD $)
In Thousands, unless otherwise specified |
Jun. 30, 2012
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Jun. 30, 2011
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Deferred tax liabilities | ||
Land, buildings and equipment | $ (2,767) | $ 0 |
Stepped up basis of oil and gas properties | (550) | (690) |
Australian petroleum resource rent tax - income tax effect | (1,785) | 0 |
Other | (261) | (901) |
Total deferred tax liabilities | (5,363) | (1,591) |
Deferred tax assets | ||
Acquisition and development costs | 0 | 3,234 |
Asset retirement obligations | 2,210 | 2,993 |
Net operating losses, capital losses, and foreign tax credit carry forwards | 28,139 | 12,188 |
Australian petroleum resource rent tax | 5,951 | 0 |
United Kingdom exploration costs and net operating losses | 3,224 | 2,358 |
Stock option compensation | 1,851 | 1,673 |
Interest | 539 | 539 |
Australian capitalized legal costs | 514 | 426 |
Other | 579 | 521 |
Total deferred tax asset | 43,007 | 23,932 |
Valuation allowance | (31,693) | (22,341) |
Net long term deferred tax asset | $ 5,951 | $ 0 |
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- Definition
Deferred Tax Asset, Foreign Exploration Costs and Operating Loss Carryforwards No definition available.
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- Definition
Deferred Tax Asset, Petroleum Resource Rent Tax No definition available.
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- Definition
Deferred Tax Assets, Acquisition and Development Costs No definition available.
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- Definition
Deferred Tax Assets, Interest No definition available.
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- Definition
Deferred Tax Assets, Operating Loss, Capital Loss and Foreign Tax Credit Carry Forwards No definition available.
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- Definition
Deferred Tax Liabilities, Basis of Oil and Gas Properties No definition available.
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- Definition
Deferred Tax Liabilities, Petroleum Resource Rent Tax, Income Tax Effect No definition available.
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- Definition
Amount before allocation of valuation allowances of deferred tax liability to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from share-based compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from asset retirement obligations. An asset retirement obligation is a legal obligation associated with the disposal or retirement from service of a tangible long-lived asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from the estimated loss from legal settlements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of deferred tax liability attributable to taxable temporary differences not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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