Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.7.0.1
Property, Plant and Equipment (Tables)
 3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant and Equipment Comprised of Fixed Assets and Oil and Gas Properties

Property, plant and equipment is comprised of fixed assets and oil and gas properties, as shown below (in thousands):

 

                                                             
    March 31, 2017     December 31, 2016  

Fixed Assets

    

Land

   $ 9,491     $ 9,491  

Buildings

     549       549  

Leasehold improvements

     1,838       602  

Computer, office equipment and fixtures

     437       420  

Accumulated depreciation

     (129 )      (69 ) 
 

 

 

    

 

 

  

Total fixed assets, net

     12,186       10,993  
 

 

 

    

 

 

  

Oil and Gas Properties

    

Unproved

     13,000       —    

Wells in progress

     332       —    
 

 

 

    

 

 

  

Total oil and gas properties

     13,332       —    
 

 

 

    

 

 

  

Total property, plant and equipment, net

   $ 25,518     $ 10,993