Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.7.0.1
Property, Plant and Equipment (Tables)
6 Months Ended
Jun. 30, 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):

 

   

    June 30, 2017    

 

  December 31, 2016 

Fixed Assets

   

Land

  $                          9,491    $                          9,491 

Buildings

  549    549 

Leasehold improvements

  1,774    602 

Computer, office equipment and fixtures

  436    420 

Accumulated depreciation

  (208)   (69)
 

 

 

 

Total fixed assets, net

  12,042    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

  $                        25,374    $                        10,993