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Statement of Operations (Amounts in Thousands except per share data) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues {1}        
Oil and gas operations, net of royalties $ 384 $ 325 $ 724 $ 615
Real estate operations 666 663 1,346 1,337
Total Revenue 1,050 988 2,070 1,952
Operating expenses        
Oil and gas operations 493 453 949 924
Real estate Expenses 383 353 769 719
Lease expense 236 231 472 462
Corporate general and administrative 170 134 343 293
Accretion of asset retirement obligation 0 34 0 68
Impariment of natural gas and oil properties 0 0 0 912
Operating earnings (loss) Net 1,282 1,205 2,533 3,378
Operating earnings (loss) (232) (217) (463) (1,426)
Other income (expense)        
Interest income 2 0 8 0
Interest expense (24) (56) (73) (118)
Recovery of bad debt expense 394 0 733 0
Other income (expense), net (2) 104 (36) 108
Other income (expense) 370 48 632 (10)
Net income (loss) applicable to common shares $ 138 $ (169) $ 169 $ (1,436)
Net income (loss) per common share-basic and diluted $ 0.07 $ (0.09) $ 0.09 $ (0.74)
Weighted average common and equivalent shares outstanding - basic 1,947 1,947 1,947 1,947