XML 23 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENT OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue        
Oil and gas operations, net of royalties $ 259 $ 485 $ 431 $ 829
Real estate operations 744 728 1,461 1,453
Total Revenues 1,003 1,213 1,892 2,282
Operating expenses        
Oil and gas operations 440 425 910 908
Real estate operations 415 387 825 783
Real Estate - Lease Expense 245 241 490 481
Corporate general and administrative 155 205 309 397
Total Operating Expenses 1,255 1,258 2,534 2,569
Operating earnings (loss) (252) (45) (642) (287)
Other income (expense)        
Interest income 0 1 0 2
Interest expense (16) (22) (42) (53)
Recovery of bad debt expense 386 0 1,124 0
Other income (expense) (8) (33) (16) 199
Total Other income (Expense) 362 (54) 1,066 148
Net income (loss) applicable to common shares $ 110 $ (99) $ 424 $ (139)
Net income (loss) per common share-basic and diluted $ 0.06 $ (0.05) $ 0.22 $ (0.07)
Weighted average common and equivalent shares outstanding - basic 1,947 1,947 1,947 1,947