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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating revenues:      
Oil, gas, and NGL production revenues: $ 32,534 $ 30,958 $ 26,548
Operating expenses:      
Oil and gas 10,788 11,552 6,073
Oil and gas depreciation, depletion and amortization 14,893 13,997 10,610
Impairment of oil and gas properties 5,189 0 0
Water treatment plant 1,978 1,878 1,793
Mineral holding costs 921 486 85
General and administrative 6,810 8,261 8,973
Impairment of corporate aircraft 2,299 0 0
Total operating expenses 42,878 36,174 27,534
Loss from operations (10,344) (5,216) (986)
Other income and expenses:      
Realized gain (loss) on risk management activities 21 (1,974) (156)
Unrealized gain (loss) on risk management activities 1,070 1,126 (1,725)
(Loss) gain on the sale of assets (12) 137 115
Equity loss in unconsolidated investment (359) (211) 1,014
Gain on sale of marketable securities 82 529 438
Miscellaneous income and (expenses) 241 (38) (60)
Interest income 9 40 112
Interest expense (203) (326) (70)
Total other income and (expenses) 849 (717) (332)
Income (loss) before income taxes and discontinued operations (9,495) (5,933) (1,318)
Income taxes:      
Current (provision for) benefit from (104) 0 104
Deferred (provision for) benefit from 148 3,755 1,756
Total income taxes 44 3,755 1,860
(Loss) income from continuing operations (9,451) (2,178) 542
Discontinued operations:      
Discontinued operations, net of taxes 97 434 226
Impairment on discontinued operations, net of taxes (1,891) (3,063) (1,540)
Total discontinued operations (1,794) (2,629) (1,314)
Net (loss) $ (11,245) $ (4,807) $ (772)
Net (loss) income per share basic and diluted      
Loss from continuing operations (in dollars per share) $ (0.34) $ (0.08) $ 0.02
Income (loss) from discontinued operations (in dollars per share) $ (0.07) $ (0.10) $ (0.05)
Net (loss) income per share (in dollars per share) $ (0.41) $ (0.18) $ (0.03)
Weighted average shares outstanding      
Basic and Diluted (in shares) 27,466,549 27,238,869 26,763,995
Diluted 27,466,549 27,238,869 26,763,995