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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information

The Company’s quarterly financial information for the two-year period ended December 31, 2017 is as follows:

 

    Year Ended December 31, 2016     Year Ended December 31, 2017  
    First     Second     Third     Fourth     First     Second     Third     Fourth  
    Quarter     Quarter     Quarter     Quarter     Quarter     Quarter     Quarter     Quarter  
                                                 
Oil and gas sales   $ 1,066     $ 1,996     $ 1,867     $ 817     $ 1,747     $ 1,992     $ 1,538     $ 1,268  
Operating expenses:                                                             -  
Impairment of oil and gas properties     (6,957 )     (2,611 )     -       -       -       -       -       -  
Other (1)     (2,561 )     (3,061 )     (2,761 )     276       (2,485 )     (1,996 )     (1,601 )     (1,451 )
                                                                 
Operating income (loss) (1)   $ (8,452 )   $ (3,676 )   $ (894 )   $ 1,093     $ (738 )   $ (4 )   $ (63 )   $ (183 )
                                                                 
Income (loss) from continuing operations (1)   $ (8,275 )   $ (4,206 )   $ (265 )   $ 1,074     $ (740 )   $ (336 )   $ (382 )   $ 98  
Discontinued operations     (2,327 )     (10 )     -       (111 )     -       -       -       -  
                                                                 
Net income (loss)   $ (10,602 )   $ (4,216 )   $ (265 )   $ 963     $ (740 )   $ (336 )   $ (382 )   $ 983  
                                                                 
Income (loss) per share - basic (1)(2):                                                                
Continuing operations   $ (1.76 )   $ (0.90 )   $ (0.06 )   $ 0.23     $ (0.13 )   $ (0.02 )   $ (0.06 )   $ 0.02  
Discontinued operations     (0.49 )     (0.00 )     -       -       -       -       -       -  
                                                                 
Total   $ (2.25 )   $ (0.90 )   $ (0.06 )   $ 0.23     $ (0.13 )   $ (0.02 )   $ (0.06 )   $ 0.02  
                                                                 
Income (loss) per share - diluted (1)(2):                                                                
Continuing operations   $ (1.76 )   $ (0.90 )   $ (0.06 )   $ 0.23     $ (0.13 )   $ (0.02 )   $ (0.06 )   $ 0.02  
Discontinued operations     (0.49 )     (0.00 )     -       -       -       -       -       -  
                                                                 
Total   $ (2.25 )   $ (0.90 )   $ (0.06 )   $ 0.23     $ (0.13 )   $ (0.02 )   $ (0.06 )   $ 0.02  
                                                                 
Weighted average shares outstanding:                                                                
Basic     4,705,500       4,705,000       4,768,000       4,768,013       5,834,568       5,834,568       5,834,568       5,899,802  
Diluted (1)     4,705,500       4,705,000       4,768,000       4,768,013       5,834,568       6,626,344       5,834,568       5,899,802  

 

  (1) Amounts have been restated from amounts reported in previous reports to retroactively present the impact of Discontinued Operations as discussed further in Note 6.

 

  (2) Earnings per share amounts may not sum due to rounding.