COMSTOCK RESOURCES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Assets and liabilities of discontinued operations as of December 31, 2012 were as follows: Income from discontinued operations is comprised of the following: (1) Interest expense was allocated to discontinued operations based on the ratio of the net assets of discontinued operations to our consolidated net assets plus long- term debt. Interest expense is net of capitalized interest of $9,582 and $2,010 for the years ended December 31, 2012 and 2013, respectively. Year Ended December 31, 2012 2013 (In thousands) Revenues: Oil and gas sales ................................................................... $ 47,109 $ 25,125 Costs and expenses: Production taxes ................................................................... 2,294 1,120 Gathering and transportation ......................................................... 1,047 501 Lease operating ................................................................... 9,372 9,853 Depletion, depreciation and amortization ............................................... 21,428 8,649 Interest expense (1) .................................................................. 6,669 6,346 Total costs and expenses ........................................................ 40,810 26,469 Gain on sale .......................................................................... — 230,008 Income from discontinued operations before income taxes ...................................... 6,299 228,664 Income tax expense: Current .......................................................................... — (2,218) Deferred ......................................................................... (3,280) (78,694) Total income tax expense ........................................................ (3,280) (80,912) Net income from discontinued operations ................................................... $ 3,019 $147,752 (In thousands) Accounts Receivable ........................................................................... $ 5,924 Other Current Assets ........................................................................... 1,644 Total Current Assets ....................................................................... 7,568 Unproved Oil and Gas Properties ................................................................. 150,801 Proved Oil and Gas Properties: Leasehold Costs ........................................................................... 225,546 Wells and related equipment and facilities ...................................................... 180,475 Other ....................................................................................... 673 Accumulated depreciation, depletion and amortization ................................................. (46,129) Net Property and Equipment ............................................................. 511,366 Total Assets of Discontinued Operations ............................................... $518,934 Accounts Payable .............................................................................. $ 21,302 Accrued Liabilities ............................................................................. 10,371 Reserve for Future Abandonment Costs ............................................................ 1,607 Liabilities of Discontinued Operations ................................................. $ 33,280 F-9