CONSOLIDATED STATEMENTS OF OPERATION (USD $) In Thousands, except Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Oil and gas operations, net of royalties	$ 280	$ 331	$ 560	$ 601
Real estate operation	733	751	1,462	1,454
Revenue	1,013	1,082	2,022	2,055
Oil and gas operations	365	316	700	672
Real estate operations	321	368	711	693
Lease expense	193	234	384	473
Corporate general and administrative	126	124	250	323
Accretion of asset retirement obligation	32	30	64	60
Operating Expenses	1,037	1,072	2,109	2,221
Operating earnings (loss)	(24)	10	(87)	(166)
Interest income	120	114	239	253
Interest expense	(31)	(31)	(62)	(62)
Gain on sale of assets, net	0	0	0	10
Other income (expense), net	1	(368)	73	(350)
Income/(Expense)	90	(285)	250	(149)
Net income (loss) applicable to common shares	$ 66	$ (275)	$ 163	$ (315)
Net income (loss) per common share-basic and diluted	$ 0.03	$ (0.14)	$ 0.08	$ (0.16)
Weighted average common and equivalent shares outstanding - basic	1,947	1,947	1,947	1,947