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Plains Exploration & Production Company's other long-term assets for the quarter that ended in Mar. 2013 was $186 Mil.
Plains Exploration & Production Company's quarterly other long-term assets increased from Sep. 2012 ($672 Mil) to Dec. 2012 ($1,013 Mil) but then declined from Dec. 2012 ($1,013 Mil) to Mar. 2013 ($186 Mil).
Plains Exploration & Production Company's annual other long-term assets declined from Dec. 2010 ($736 Mil) to Dec. 2011 ($90 Mil) but then increased from Dec. 2011 ($90 Mil) to Dec. 2012 ($1,013 Mil).
Assets are presented on the balance sheet in order of their liquidity. If a company expects to sell or otherwise recognize the economic value of an asset within one year, the asset is generally classified as a current asset on the balance sheet. Cash on hand is a common current asset.
A long-term asset is an asset that a company expects to sell or otherwise recognize the economic value of after more than one year. Property, plant and equipment, and intangible assets are common long-term assets. Except those two items and current assets, the others we treated as "Other Long Term Assets".
Plains Exploration & Production Company Annual Data
|Other Long-Term Assets||20||34||39||12||104||587||60||736||90||1,013|
Plains Exploration & Production Company Quarterly Data
|Other Long-Term Assets||736||808||851||469||90||99||139||672||1,013||186|