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CONSOLIDATED STATEMENTS OF OPERATION (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenue    
Oil and gas operations, net of royalties $ 290 $ 280
Real estate operations 674 729
Total Revenue 964 1,009
Operating expenses    
Oil and gas operations. 471 335
Real estate operations. 366 390
Lease expense 231 191
Corporate general and administrative 159 124
Accretion of asset retirement obligation 34 32
Impairment of natural gas and oil properties 912 0
Total operating expenses 2,173 1,072
Operating earnings (loss) (1,209) (63)
Other income (expense)    
Interest income 0 119
Interest expense (62) (31)
Gain on sale of assets, net 0 0
Other income (expense), net 4 72
Income/(Expense) (58) 160
Net income (loss) applicable to common shares $ (1,267) $ 97
Net income (loss) per common share-basic and diluted $ (0.65) $ 0.05
Weighted average common and equivalent shares outstanding - basic 1,947 1,947