(5) Investment in Sunrise Energy (Sunrise Energy)

9 Months Ended

Sep. 30, 2013

Sunrise Energy

(5) Investment in Sunrise Energy [Line Items]

Equity Investment In SELLC

(5)  Investment in Sunrise Energy

We own a 50% interest in Sunrise Energy, LLC which owns gas reserves in gathering equipment with plans to develop and operate such reserves. Sunrise Energy also plans to develop and explore for coal-bed methane gas reserves on or near our underground coal reserves. They use the successful efforts method of accounting. We account for our interest using the equity method of accounting.

Below (in thousands) to the 100% is a condensed balance sheet at September 30, 2013, and a condensed statement of operations for the nine months ended September 30, 2013 and 2012.

Condensed Balance Sheet

	2013
Current assets	$	2,849
Oil and gas properties, net		6,777
	$	9,626
Total liabilities	$	661
Members' capital		8,965
	$	9,626

Condensed Statement of Operations

	2013			2012
Revenue	$	2,551		$	1,671
Expenses		(1,513	)		(1,573	)
Net  income	$	1,038		$	98