XML 13 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENT OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue        
Oil and gas operations, net of royalties $ 170 $ 259 $ 389 $ 431
Real estate operations 665 744 1,342 1,461
Total Revenues 835 1,003 1,731 1,892
Operating expenses        
Oil and gas operations 233 440 629 910
Real estate operations., 389 415 750 825
Real estate lease expense 238 245 497 490
Corporate general and administrative 101 155 267 309
Total Operating Expenses 961 1,255 2,143 2,534
Operating earnings (loss) (126) (252) (412) (642)
Other income (expense)        
Interest income 5 0 11 0
Interest expense (7) (16) (18) (42)
Recovery of bad debt expense 0 386 0 1,124
Other income (expense) (5) (8) (10) (16)
Total Other income (expense) (7) 362 (17) 1,066
Net income (loss) applicable to common shares $ (133) $ 110 $ (429) $ 424
Net income (loss) per common share-basic and diluted $ (0.07) $ 0.06 $ (0.22) $ 0.22
Weighted average common and equivalent shares outstanding - basic 1,947 1,947 1,947 1,947