CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 530	$ 473
Accounts receivable from oil and gas sales	105	141
Other current assets	47	37
Total current assets	682	651
Oil and natural gas properties (full cost accounting method)
Proved developed and undeveloped oil and gas properties, net of depletion	5,658	5,914
Property and equipment, net of depreciation
Land, buildings and equipment - oil and gas operations	722	803
Other	142	134
Total property and equipment	864	937
Other assets	1,344	1,373
Total assets	8,548	8,875
Current liabilities
Accounts payable - trade (including $580,000 and $165,000 in 2016 and 2015 due to related parties)	605	241
Accrued expenses	148	151
Current portion of long term debt	828	831
Total current liabilities	1,581	1,223
Long-term debt
Notes payable less current portion	1,119	1,211
Asset retirement obligation	2,770	2,770
Total liabilities	5,470	5,204
Stockholders' equity
Preferred stock, Series B	1	1
Common stock, $.01 par value; authorized, 100,000,000 shares; issued and outstanding, 1,946,934 shares at September 30, 2016 and December 31, 2015	20	20
Additional paid-in capital	58,838	58,838
Accumulated deficit	(55,781)	(55,188)
Total Stockholder's equity	3,078	3,671
Total liabilities & equity	$ 8,548	$ 8,875

Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.

Name:	us-gaap_AccountsPayableTradeCurrentAndNoncurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.