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Statement of Operations (Amounts inThousands except per share value) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Oil and gas operations, net of royalties $ 340 $ 290
Real estate operations 680 674
Total Revenue 1,020 964
Operating expenses    
Oil and gas operations 456 471
Real estate oprations 386 366
Lease expense 236 231
Corporate general and administrative 173 159
Accretion of asset retirement obligation 0 34
Impariment of natural gas and oil properties 0 912
Total Operating Expenses 1,251 2,173
Operating earnings (loss) (231) (1,209)
Other income (expense)    
Interest income 6 0
Interest expense (49) (62)
Bad debt expense (recovery) - note receivable 339 0
Other income (expense), net (34) 4
Expense 262 (58)
Net income (loss) applicable to common shares $ 31 $ (1,267)
Net income (loss) per common share-basic and diluted $ 0.02 $ (0.65)
Weighted average common and equivalent shares outstanding - basic 1,947 1,947