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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue:      
Oil $ 9,047 $ 28,331 $ 31,214
Natural gas and liquids 1,249 4,048 2,433
Total revenue 10,296 32,379 33,647
Oil and gas operations:      
Production costs 7,352 10,638 10,469
Depreciation, depletion and amortization 8,412 $ 14,685 13,623
Impairment of oil and gas properties 57,676 5,828
General and administrative:      
Compensation and benefits, including directors 2,602 $ 4,124 3,073
Stock-based compensation 948 $ 527 $ 384
Employee severance costs 504
Professional fees, insurance and other 1,866 $ 1,785 $ 1,945
Total operating expenses 79,360 31,759 35,322
Operating income (loss) (69,064) 620 (1,675)
Other income (expense):      
Realized gain (loss) on oil price risk derivatives (75) 316 (338)
Unrealized gain (loss) on oil price risk derivatives 1,634 266 (737)
Gain on sale of assets 121 $ 112 760
Loss on investments (68) (2,264)
Rental and other income 431 $ 88 168
Interest expense (263) (385) (429)
Total other income (expense) 1,780 397 (2,840)
Income (loss) from continuing operations (67,284) 1,017 (4,515)
Discontinued operations:      
Discontinued operations (2,992) $ (3,108) (2,744)
Impairment loss on discontinued operations (22,620) (120)
Loss from discontinued operations (25,612) $ (3,108) (2,864)
Net loss (92,896) (2,091) (7,379)
Change in fair value of marketable equity securities 56 (44) (113)
Comprehensive loss $ (92,840) $ (2,135) $ (7,492)
Earnings (loss) per share- basic      
Continuing operations (in dollars per share) $ (2.40) $ 0.04 $ (0.16)
Discontinued operations (in dollars per share) (0.91) (0.12) (0.11)
Total (in dollars per share) (3.31) (0.08) (0.27)
Earnings (loss) per share- diluted      
Continuing operations (in dollars per share) (2.40) 0.04 (0.16)
Discontinued operations (in dollars per share) (0.91) (0.11) (0.11)
Total (in dollars per share) $ (3.31) $ (0.07) $ (0.27)
Weighted average shares outstanding      
Basic (in shares) 28,065,000 27,833,000 27,679,000
Diluted (in shares) 28,065,000 28,099,000 27,679,000