OPERATING SEGMENTS AND SEGMENT REPORTING (Table)

9 Months Ended

Sep. 30, 2012

OPERATING SEGMENTS AND SEGMENT REPORTING [Abstract]

OPERATING SEGMENTS AND SEGMENT REPORTING

The following table reconciles the segment information to the corresponding amounts in the Consolidated Statements of Operations and total assets:

Nine months ended September 30, 2012	Oil and Gas Operations			Retirement Facility		Corporate		Total
Operating revenue	$	889		$	2,039	$	-	$	2,928
Operating expenses		850			1,040		402		2,292
Depreciation, Depletion and Amortization		506			38		-		544
Lease Expense		-			693		-		693
Accretion of Asset Retirement Obligation		68			-		-		68
Impairment of Natural Gas and Oil Properties		912							912
Total Operating Expenses		2,336			1,771		402		4,509
Interest expense		(170	)		-		-		(170	)
Other income		-			-		1,835		1,835
Segment operating income	$	(1,617	)	$	268	$	1,433	$	84

Nine months ended September 30, 2011
Operating revenue	$	873		$	2,152	$	-	$	3,025
Operating expenses		780			1,119		351		2,250
Depreciation, Depletion and Amortization		245			32		-		277
Lease Expense		-			576		-		576
Accretion of Asset Retirement Obligation		96			-		-		96
Total Operating Expenses		1,121			1,727		351		3,199
Interest expense		(93	)		-		-		(93	)
Other income		2			-		11		13
Interest income		-			-		360		360
Segment operating income	$	(339	)	$	425	$	20	$	106