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CONSOLIDATED STATEMENT OF OPERATIONS (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue        
Oil and gas operations, net of royalties $ 485 $ 384 $ 829 $ 724
Real estate operations, 728 666 1,453 1,346
Total Revenues 1,213 1,050 2,282 2,070
Operating expenses        
Oil and gas operations 425 493 908 949
Real estate operations 387 383 783 769
Real Estate - Lease expense 241 236 481 472
Corporate general and administrative 205 170 397 343
Total Operating expenses 1,258 1,282 2,569 2,533
Operating earnings (loss) (45) (232) (287) (463)
Other income (expense)        
Interest income 1 2 2 8
Interest expense (22) (24) (53) (73)
Recovery of bad debt expense 0 394 0 733
Other income (expense), net (33) (2) 199 (36)
Other income (expense) (54) 370 148 632
Net income (loss) applicable to common shares $ (99) $ 138 $ (139) $ 169
Net income (loss) per common share-basic and diluted $ (0.05) $ 0.07 $ (0.07) $ 0.09
Weighted average common and equivalent shares outstanding - basic 1,947 1,947 1,947 1,947