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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Oil $ 1,591 $ 1,677 $ 2,830 $ 2,541
Natural gas and liquids 401 319 909 521
Total revenue 1,992 1,996 3,739 3,062
Oil and gas operations:        
Production costs 803 1,434 1,856 2,464
Depreciation, depletion and amortization 202 864 473 1,646
Impairment of oil and gas properties 2,611 9,568
General and administrative:        
Compensation and benefits, including director and contract employees 178 172 354 311
Stock-based compensation 106 34 212 68
Professional services 571 541 1,350 768
Insurance, rent and other 136 16 237 183
Total operating expenses 1,996 5,672 4,482 15,008
Operating loss (4) (3,676) (743) (11,946)
Other income (expense):        
Realized gain (loss) on oil price risk derivatives 100 380 100 1,262
Unrealized gain (loss) on oil price risk derivatives 311 (887) 311 (1,460)
Gain on sale of assets 1 100 1 100
Rental and other income (loss) (131) (48) (347) (79)
Warrant fair value adjustment 180   520
Interest expense (121) (75) (246) (247)
Total other income (expense) 340 (530) 339 (424)
Income (loss) from continuing operations 336 (4,206) (404) (12,370)
Discontinued operations        
Discontinued operations (10) (2,448)
Loss from discontinued operations (10) (2,448)
Net income (loss) 336 (4,216) (404) (14,818)
Change in fair value of marketable equity securities (238) 927 (324) 927
Comprehensive profit (loss) 98 (3,289) (728) (13,891)
Profit (loss) from continuing operations applicable to common shareholders:        
Profit (loss) from continuing operations 98 (4,206) (728) (12,370)
Accrued dividends related to Series A Convertible Preferred Stock (71) (62) (140) (96)
Profit (loss) from continuing operations applicable to common shareholders $ 27 $ (4,268) $ (868) $ (12,466)
Profit (loss) per share-Basic:        
Continuing operations (in dollars per share) $ 0.05 $ (0.9) $ (0.09) $ (2.63)
Discontinued operations (in dollars per share) (0.52)
Total (in dollars per share) 0.05 (0.9) (0.09) (3.15)
Diluted:        
Continuing operations (in dollars per share) 0.05 (0.9) (0.09) (2.63)
Discontinued operations (in dollars per share)   (0.52)
Total (in dollars per share) $ 0.05 $ (0.9) $ (0.09) $ (3.15)
Weighted average shares outstanding        
Basic (in shares) 5,834,568 4,705,000 5,834,568 4,705,000
Diluted: (in shares) 6,626,344 4,705,000 5,834,568 4,705,000