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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue      
Oil and gas operations, net of royalties $ 820 $ 1,489 $ 1,477
Real estate operations 2,997 2,874 2,745
Total Revenues 3,817 4,363 4,222
Operating expenses      
Oil and gas operations 1,800 1,853 1,867
Real estate operations 1,685 1,616 1,555
Lease expense 980 961 942
Corporate general and administrative 605 823 500
Total Impairment of oil and gas properties. 2,717 0 200
Total Operating expenses 7,787 5,253 5,064
Operating earnings (loss) (3,970) (890) (842)
Other income (expense)      
Interest income 12 5 9
Interest expense (62) (91) (114)
Bad debt expense (recovery) - note receivable 1,430 0 1,562
Other income (expense), net (32) 197 (189)
Total Other income (expense) 1,348 111 1,268
Earnings (loss) from continuing operations (2,622) (779) 426
Net income (loss) applicable to common shares $ (2,622) $ (779) $ 426
Net income (loss) per common share-basic and diluted $ (1.35) $ (0.4) $ 0.22
Weighted average common and equivalent shares outstanding - basic 1,947 1,947 1,947