OPERATING SEGMENTS

6 Months Ended

Jun. 30, 2013

OPERATING SEGMENTS

OPERATING SEGMENTS

NOTE F:  OPERATING SEGMENTS

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

Three months ended June 30, 2013	Oil and Gas Operations			Retirement Facility		Corporate			Total
Operating revenue	$	384		$	666	$	-		$	1,050
Operating expenses		313			368		170			851
Depreciation, Depletion and Amortization		180			15		-			195
Lease Expense		-			236		-			236
Total Operating Expenses		493			619		170			1,282
Interest Income		-			-		2			2
Interest expense		(24	)		-		-			(24	)
Recovery of Bad Debt Expense		-			-		394			394
Other income		49			-		(51	)		(2	)
Segment operating income	$	(84	)	$	47	$	175		$	138
Three months ended June 30, 2012	Oil and Gas Operations			Retirement Facility		Corporate			Total
Operating revenue	$	325		$	663	$	-		$	988
Operating expenses		296			341		134			771
Depreciation, Depletion and Amortization		157			12		-			169
Lease Expense		-			231		-			231
Accretion of Asset Retirement Obligation		34			-		-			34
Total Operating Expenses		487			584		134			1,205
Interest expense		(56	)		-		-			(56	)
Other income		-			-		104			104
Segment operating income	$	(218	)	$	79	$	(30	)	$	(169	)

Six months ended June 30, 2013	Oil and Gas Operations			Retirement Facility		Corporate			Total
Operating revenue	$	724		$	1,346	$	-		$	2,070
Operating expenses		566			739		343			1,648
Depreciation, Depletion and Amortization		383			30		-			413
Lease Expense		-			472		-			472
Total Operating Expenses		949			1,241		343			2,533
Interest Income		-			-		8			8
Interest expense		(73	)		-		-			(73	)
Recovery of Bad Debt Expense		-			-		733			733
Other income		-			-		(36	)		(36	)
Segment operating income	$	(298	)	$	105	$	362		$	169
Six months ended June 30, 2012	Oil and Gas Operations			Retirement Facility		Corporate			Total
Operating revenue	$	615		$	1,337	$	-		$	1,952
Operating expenses		586			696		293			1,575
Depreciation, Depletion and Amortization		338			23		-			361
Lease Expense		-			462		-			462
Accretion of Asset Retirement Obligation		68			-		-			68
Impairment of Natural Gas and Oil Properties		912			-		-			912
Total Operating Expenses		1904			1,181		293			3,378
Interest expense		(118	)		-		-			(118	)
Other income		-			-		108			108
Segment operating income	$	(1,407	)	$	156	$	(185	)	$	(1,436	)