CONSOLIDATED STATEMENT OF OPERATIONS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenue
Oil and gas operations, net of royalties	$ 219	$ 172
Real estate operations	677	717
Total Revenues	896	889
Operating expenses
Oil and gas operations	396	470
Real estate operations	361	410
Real Estate - lease expense	259	245
Corporate general and administrative	166	154
Total Operating Expenses	1,182	1,279
Operating earnings (loss)	(286)	(390)
Other income (expense)
Interest income	6	0
Interest expense	(11)	(26)
Recovery of bad debt expense	0	738
Other income (expense), net	(5)	(8)
Expense	(10)	704
Net income (loss) applicable to common shares	$ (296)	$ 314
Net income (loss) per common share-basic and diluted	$ (0.15)	$ 0.16
Weighted average common and equivalent shares outstanding - basic	1,947	1,947