Business Interruption Proceeds and Gain on Casualty Loss (Notes) |
12 Months Ended |
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Dec. 31, 2015 | |
| Business Interruption Proceeds and Gain on Casualty Loss [Abstract] | |
| Business Insurance Recoveries [Text Block] |
Business Interruption Proceeds and Gain on Casualty Loss
On April 30, 2015, the Company's fiberglass tank fabrication facility at the Palmer complex in Andrews, Texas suffered fire damage including minor structural damage as well as damage to the electrical system and overhead cranes. The Company completed repairs to the facility and the losses were fully insured including business interruption coverage. Total business interruption insurance recoveries recognized during the year ended December 31, 2015 were approximately $1,246,000 and is shown separately in operating income on the accompanying consolidated statements of operations. During the fourth quarter of 2015, the Company completed the insurance claim settlement for the fire and recorded a casualty insurance gain of $923,000, representing the excess of insurance proceeds over the net book value of assets damaged in the loss, and is shown separately in other income on the accompanying consolidated statements of operations for the year ended December 31, 2015.
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- Definition Business Interruption Proceeds and Gain on Casualty Loss [Abstract] No definition available.
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- Definition The entire disclosure for business interruption insurance recoveries. Includes, but is not limited to, the nature of the event resulting in business interruption losses, amount of business interruption insurance recoveries recognized, and line item in the statement of income in which those recoveries are classified. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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