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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]    
Oil, gas, and NGL production revenues: $ 8,335 $ 6,679
Operating expenses:    
Oil and gas 2,893 4,079
Oil and gas depreciation, depletion and amortization 3,641 2,785
Water treatment plant 509 429
Mineral holding costs 110 43
General and administrative 1,894 2,411
Total Operating expenses 9,047 9,747
Loss from operations (712) (3,068)
Other income and expenses:    
Realized loss on risk management activities (143) (555)
Unrealized loss on risk management activities (59) (1,241)
Gain on the sale of assets 10 0
Equity loss in unconsolidated investment (60) (64)
Gain on sale of marketable securities 47 0
Miscellaneous income and (expenses) 118 (1)
Interest income 5 20
Interest expense (39) (23)
Total other income and (expenses) (121) (1,864)
Loss before income taxes and discontinued operations (833) (4,932)
Income taxes:    
Current benefit from (provision for) (104) 0
Deferred benefit from (provision for) 492 2,594
Total income taxes 388 2,594
Loss from continuing operations (445) (2,338)
Discontinued operations:    
Discontinued operations, net of taxes 64 129
Total Discontinued operations 64 129
Net loss $ (381) $ (2,209)
Net loss per share    
Loss from continuing operations, basic and diluted (in dollars per share) $ (0.01) $ (0.08)
Income from discontinued operations, basic and diluted (in dollars per share) $ 0 $ 0
Net loss, basic and diluted (in dollars per share) $ (0.01) $ (0.08)
Weighted average shares outstanding    
Basic and diluted (in shares) 27,438,584 27,186,438