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CONSOLIDATED BALANCE SHEETS (amounts in thousands) (USD $)
Jun. 30, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 960 $ 398
Accounts receivable from oil and gas sales 236 210
Other current assets 6 2
Total current assets 1,202 610
Oil and natural gas properties (full cost accounting method)    
Proved developed and undeveloped oil and gas, properties, net of depletion 9,432 9,717
Property and equipment, net of depreciation    
Land, buildings and equipment - oil and gas operations 1,461 1,410
Other 193 204
Total property and equipment 1,654 1,614
Other assets (including $119,625 and $161,300 in 2013 and 2012 due from related parties) 576 543
Total assets 12,864 12,484
Current liabilities    
Accounts payable - trade 137 38
Accrued expenses 232 173
Current portion of long term debt 48 93
Total current liabilities 417 304
Long-term debt    
Notes payable less current portion 2,321 2,273
Asset retirement obligation 2,770 2,770
Other long term liabilities 541 491
Total liabilities 6,049 5,838
Stockholders' equity    
Preferred stock, Series B 1 1
Common stock, $.01 par value; authorized, 100,000,000 shares; issued and outstanding, 1,946,935 shares at June 30, 2013 and December 31, 2012 20 20
Additional paid-in capital 58,838 58,838
Accumulated deficit (52,044) (52,213)
Total Stockholder's equity 6,815 6,646
Total liabilities & equity $ 12,864 $ 12,484