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CONSOLIDATED STATEMENTS OF OPERATION (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenue      
Oil and gas operations, net of royalties $ 1,020 $ 1,288 $ 1,246
Real estate operations 2,881 2,925 2,852
Total Revenue 3,901 4,213 4,098
Operating expenses      
Oil and gas operations 1,430 1,292 1,498
Real estate operations 1,290 1,225 1,217
Lease expense 866 886 958
Corporate general and administrative 619 731 1,342
Accretion of asset retirement obligation 129 123 117
Impariment of natural gas and oil properties 1,428 0 1,695
Total Operating Expenses 5,762 4,257 6,827
Operating earnings (loss) (1,861) (44) (2,729)
Other income (expense)      
Interest income 360 497 574
Interest expense (131) (124) (123)
Bad debt expense - note receivable (10,006) 0 0
Other income (expense), net (155) (340) 68
Total Other Income (Expense) (9,932) 33 519
Earnings from continuing operations (11,793) (11) (2,210)
Net income (loss) applicable to common shares $ (11,793) $ (11) $ (2,210)
Net income (loss) per common share-basic and diluted $ (6.06) $ (0.01) $ (1.14)
Weighted average common and equivalent shares outstanding - basic 1,947 1,947 1,947