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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]        
Oil, gas, and NGL production revenues $ 8,522 $ 7,025 $ 16,857 $ 13,704
Operating expenses:        
Oil and gas 2,558 1,955 5,451 6,034
Oil and gas depreciation, depletion and amortization 4,030 3,120 7,671 5,905
Impairment of Oil and Gas Properties 523 0 523 0
Water treatment plant 436 498 945 927
Mineral holding costs 206 37 316 80
General and administrative 1,760 2,138 3,654 4,549
Total operating expenses 9,513 7,748 18,560 17,495
Loss from operations (991) (723) (1,703) (3,791)
Other income and expenses:        
Realized loss on risk management activities (6) (1,015) (149) (1,570)
Unrealized gain on risk management activities 1,770 2,138 1,711 897
Gain on the sale of assets 0 137 10 137
Equity loss in unconsolidated investment (91) (65) (151) (129)
Gain on sale of marketable securities 7 9 54 9
Miscellaneous income and (expenses) (30) (37) 88 (38)
Interest income 1 10 6 30
Interest expense (36) (34) (75) (57)
Total other income and (expenses) 1,615 1,143 1,494 (721)
Income (loss) before income taxes and discontinued operations 624 420 (209) (4,512)
Income taxes:        
Current benefit from (provision for) 0 0 (104) 0
Deferred benefit from (provision for) (379) (618) 113 1,976
Total income taxes (379) (618) 9 1,976
Income (loss) from continuing operations 245 (198) (200) (2,536)
Discontinued operations:        
Discontinued operations, net of taxes 26 123 90 252
Impairment on discontinued operations (1,261) 0 (1,261) 0
Total discontinued operations (1,235) 123 (1,171) 252
Net loss $ (990) $ (75) $ (1,371) $ (2,284)
Net loss per share basic and diluted        
Income (loss) from continuing operations (in dollars per share) $ 0.01 $ (0.01) $ (0.01) $ (0.09)
Income (loss) from discontinued operations (in dollars per share) $ (0.05) $ 0.01 $ (0.04) $ 0.01
Net loss (in dollars per share) $ (0.04) $ 0 $ (0.05) $ (0.08)
Weighted average shares outstanding        
Basic and Diluted (in shares) 27,460,483 27,186,438 27,449,534 27,203,336