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CONSOLIDATED STATEMENTS OF OPERATION - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue      
Oil and gas operations, net of royalties $ 764 $ 820 $ 1,489
Total Revenues 764 820 1,489
Operating expenses      
Oil & gas operations 1,181 1,800 1,853
Corporate general and administrative 352 605 823
Impairment of natural gas and oil properties 0 2,717 0
Total Operating Expenses 1,533 5,122 2,676
Operating earnings (loss) (769) (4,302) (1,187)
Other income (expense)      
Interest income 23 12 5
Interest expense (38) (62) (91)
Gain on prepayment of debt 888 0 0
Gain on sale of land 50 0 0
Bad debt expense (recovery) - note receivable 0 1,430 0
Other income (expense), net (110) (32) 197
Total Other income (expense) 813 1,348 111
Earnings (loss) from continuing operations 44 (2,954) (1,076)
Discontinued Operations: 4 332 297
Net income (loss) applicable to common shares $ 48 $ (2,622) $ (779)
Net income (loss) per common share-basic and diluted $ 0.02 $ (1.35) $ (0.40)
Weighted average common and equivalent shares outstanding - basic 1,947 1,947 1,947