OPERATING SEGMENTS

12 Months Ended

Dec. 31, 2013

OPERATING SEGMENTS

OPERATING SEGMENTS

NOTE L – OPERATING SEGMENTS

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

Year ended December 31, 2013	Oil and Gas Operations			Retirement Facility		Corporate			Total
Operating revenue	$	1,477		$	2,745	$	-		$	4,222
Operating expenses		1,213			2,436		498		$	4,147
Depreciation, depletion and amortization		654			61		2		$	717
Impairment of oil and gas properties		200			-		-		$	200
Total Operating Expenses		2,067			2,497		500			5,064
Interest expense		114			-		-		$	114
Other income		29			-		1,344		$	1,373
Interest income		-					9			9
Segment operating income	$	(675	)	$	248	$	853		$	426
Assets	$	11,859		$	842	$	607		$	13,308
Year ended December 31, 2012	Oil and Gas Operations			Retirement Facility		Corporate			Total
Operating revenue	$	1,182		$	2,762	$	-		$	3,944
Operating expenses		1,130			2,339		575			4,044
Depreciation, Depletion and Amortization		690			50		2			742
Accretion of Asset Retirement Obligation		68			-		-			68
Impairment of oil and gas properties		912			-					912
Total Operating Expenses		2,800			2,389		577			5,766
Interest expense		-			-		(208	)		(208	)
Other income		-			-		2,198			2,198
Segment operating income	$	(1,618	)	$	373	$	1,413		$	168
Assets	$	11,199		$	611	$	674		$	12,484
Year ended December 31, 2011	Oil and Gas  Operations			Retirement Facility		Corporate			Total
Operating revenue	$	1,020		$	2,881	$	-		$	3,901
Operating expenses		1,095			2,274		577			3,946
Depreciation, Depletion and Amortization		335			42		2			379
Accretion of Asset Retirement Obligation		129			-		-			129
Impairment of oil and gas properties		1,428			-		-			1,428
Total Operating Expenses		2,987			2,316		579			5,882
Interest expense					-		(131	)		(131	)
Other income		-					(10,161	)		(10,161	)
Interest income		-			-		360			360
Segment operating income	$	(1,967	)	$	565	$	(10,511	)	$	(11,913	)
Assets	$	12,376		$	254	$	820		$	13,450