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D. FIXED ASSETS
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
D. FIXED ASSETS

Land, building and furniture, fixtures and equipment are recorded at cost incurred to acquire the assets.

 

At December 31, 2017, fixed assets are as follows:  

 

Oil and Gas Properties  2017   2016 
 Land and improvements  $432   $422 
 Buildings and improvements   272    272 
 Equipment and furnishings   565    565 
 Total fixed assets   1,269    1,259 
 Less:  Accumulated depletion   (608)   (553)
 Net Fixed Assets  $661   $706 
           
 Oil and natural gas properties   2017    2016 
 Investment in Oil and gas properties  $6,493   $9,121 
 Less:  Accumulated depreciation   (3,772)   (3,513)
 Net oil and gas properties  $2,721   $5,608