Document And Entity Information
Entity Registrant Name
Entity Central Index Key
Document Type
Document Period End Date
Amendment Flag
Current Fiscal Year End Date
Is Entity a Well-known Seasoned Issuer?
Is Entity a Voluntary Filer?
Is Entity's Reporting Status Current?
Entity Filer Category
Entity Public Float
Entity Common Stock, Shares Outstanding
Document Fiscal Period Focus
Document Fiscal Year Focus
Statement of Financial Position [Abstract]
ASSETS
Current Assets
Cash and cash equivalents
Accounts receivable, trade
Prepaid income tax
Other short-term investments
Total Current Assets
Property and Equipment - at cost
Oil and gas properties (full cost method)
Rental equipment
Gas gathering system
Other property and equipment
Total Property and Equipment
Accumulated depreciation and amortization
Total Property and Equipment, Net
Real Estate Property - at cost
Land
Commercial office building
Accumulated depreciation
Total Real Estate Property
Other Assets
Other long-term investments
Other assets
Total Other Assets
Total Assets
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities
Accounts payable and accrued liabilities
Income tax payable
Tax savings benefit
Total Current Liabilities
Noncurrent Liabilities
Asset Retirement obligation
Total Noncurrent Liabilities
Deferred Income Tax Payable
Total Liabilities
Shareholders' Equity
Common Stock, $.01 par value, 100,000,000 shares authorized; 7,677,471 shares issued and 6,936,269 shares outstanding at June 30, 2014 and at December 31, 2013.
Additional paid-in capital
Treasury Stock, at cost
Retained earnings
Total Shareholders' Equity
Total Liabilities and Shareholders' Equity
Common Stock, Par Value $0.01
Common Stock, Shares Authorized
Common Stock, Shares Issued
Common Stock, Shares Outstanding
Income Statement [Abstract]
Revenues
Oil and gas revenues
Revenues from lease operations
Gas gathering, compression, equipment rental
Real estate rental revenue
Interest Income
Other revenues
Total Revenues
Expenses
Lease operating expenses
Production taxes, gathering and marketing expenses
Pipeline and rental expenses
Real estate expenses
Depreciation and amortization expenses
ARO accretion expense
General and administrative expenses
Interest expense
Total Expenses
Income before income tax
Current income tax provision (benefit)
Deferred income tax provision (benefit)
Total income tax provision (benefit)
Net Income
Earnings per Share of Common Stock, Basic and Diluted
Weighted Average Shares Outstanding, Basic and Diluted
Statement of Cash Flows [Abstract]
Cash Flows from Operating Activities
Net Income
Reconciliation of net income to net cash provided by operating activitiesabstract
Depreciation and amortization
Accretion of asset retirement obligation
Changes in accounts receivable
Changes in prepaid income tax
Changes in accounts payable
Changes in current tax payable
Changes in asset retirement obligation
Changes in deferred tax payable
Other
Net cash provided by operating activities
Cash Flows from Investing Activities
Capitalized acquistion, exploration and development costs"
Net cash used for investing activities
Cash Flows from Financing Activities
Repayment of note payable to bank
Net cash used for financing activities
Increase in cash
Cash at beginning of period
Cash at end of period
Interest paid in cash
Income taxes paid in cash
Notes to Financial Statements
Notes to Consolidated Financial Statements
Rental Equipment
Real Estate Property At Cost Abstract
Commercial Office Building
Accumulated Depreciation for Real Estate
Total Real Estate Property
Total Other Assets
Income Tax Payable
Tax Savings Benefit
Common Stock Par Value 0.01 Abstract
Incerease Decrease In Deferred Tax Payable
Assets, Current
Property, Plant and Equipment, Gross
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment
Property, Plant and Equipment, Net
AccumulatedDepreciation
TotalRealEstateProperty
TotalOtherAssets
Assets
Liabilities, Current
Liabilities, Noncurrent
Liabilities
Treasury Stock, Value
Stockholders' Equity Attributable to Parent
Liabilities and Equity
Revenues [Default Label]
Operating Expenses
Income (Loss) from Continuing Operations before Income Taxes, Domestic
Income Tax Expense (Benefit)
Net Cash Provided by (Used in) Operating Activities
Net Cash Provided by (Used in) Investing Activities
Repayments of Long-term Debt
Net Cash Provided by (Used in) Financing Activities