Note 12 - Asset Retirement Obligations and Environmental Reserves |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 | |||||||||||||||||||||||||||||||||||||||
| Asset Retirement Obligation Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||
| Asset Retirement Obligation Disclosure [Text Block] |
The Batesville Plant generates hazardous and non-hazardous wastes, the treatment, storage, transportation, and disposal of which are regulated by various governmental agencies. In addition, the Batesville Plant may be required to incur costs for environmental and closure and post-closure costs under the Resource Conservation and Recovery Act. FutureFuel’s liability for asset retirement obligations and environmental contingencies was $822 and $796 as of December 31, 2015 and 2014, respectively. These amounts are recorded in other noncurrent liabilities in the accompanying balance sheet. The following table summarizes the activity of accrued obligations for asset retirement obligations:
|
||||||||||||||||||||||||||||||||||||||