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Segment Information
 6 Months Ended
Jun. 30, 2011
Segment Reporting [Abstract]  
11) Segment Information
11)      Segment Information

As of June 30, 2011, we had two reportable segments: Oil and Gas and Maintenance of Mineral Properties.  A summary of results of operations for the six months ended June 30, 2011, and 2010, and total assets as of June 30, 2011 and December 31, 2010 by segment are as follows:
 
   
(In thousands)
 
   
For the three months ended June 30,
  
For the six months ended June 30,
 
   
2011
  
2010
  
2011
  
2010
 
Revenues:
            
Oil and gas
 $8,148  $6,218  $13,031  $13,927 
Total revenues:
  8,148   6,218   13,031   13,927 
                  
Operating expenses:
                
Oil and gas
  5,075   3,894   11,939   7,279 
Mineral properties
  535   454   1,007   860 
Total operating expenses:
  5,610   4,348   12,946   8,139 
                  
Interest expense
                
Oil and gas
  20   --   29   -- 
Mineral properties
  9   12   18   24 
Total interest expense:
  29   12   47   24 
                  
Operating (loss) income
                
Oil and gas
  3,053   2,324   1,063   6,648 
Mineral properties
  (544)  (466)  (1,025)  (884)
Operating (loss) income
                
from identified segments
  2,509   1,858   38   5,764 
                  
General and administrative expenses
  (2,138)  (2,167)  (4,549)  (4,835)
Add back interest expense
  29   12   47   24 
Other revenues and expenses:
  (61)  121   (129)  1,211 
(Loss) income before income taxes
                
and discontinued operations
 $339  $(176) $(4,593) $2,164 
                  
Depreciation depletion and amortization expense:
             
Oil and gas
 $3,120  $2,396  $5,905  $4,651 
Mineral properties
  25   18   51   36 
Corporate
  124   94   250   248 
Total depreciation expense
 $3,269  $2,508  $6,206  $4,935 
                  
 
   
(In thousands)
 
   
June 30,
  
December 31,
 
   
2011
  
2010
 
Assets by segment
      
Oil and Gas properties
 $93,610  $75,639 
Mineral properties
  21,230   20,800 
Corporate assets
  43,995   59,577 
Total assets
 $158,835  $156,016