XML 47 R31.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
bbl
Contract
shares
Dec. 31, 2015
USD ($)
bbl
Contract
shares
Dec. 31, 2014
USD ($)
shares
Allowance for Doubtful Accounts [Abstract]      
Percentage of crude oil and natural gas sales in accounts receivable 90.00%    
Number of days, cash is received from transaction date 20 days    
Components of Prepayments [Abstract]      
Cash collateral deposits for commodity purchases $ 0 $ 167  
Insurance premiums 1,403 1,609  
Rents, license and other 694 813  
Prepayments, total 2,097 2,589  
Fair value measurements for producing and non-producing oil and gas properties that were subject to fair value impairment [Abstract]      
Impairment valuation loss 313 12,082 $ 8,009
Sale of used trucks and equipment [Abstract]      
Sales of used trucks and equipment 1,966 535 1,028
Total Non-producing Leasehold Costs 0 231  
Cash Deposits and Other Assets [Abstract]      
Insurance collateral deposits 5,032 6,531  
State collateral deposits 143 140  
Materials and supplies 354 292  
Cash deposits and other 5,529 6,963  
Revenue Recognition [Abstract]      
Revenue gross-up 314,270 480,111 1,212,034
Statement of Cash Flows [Abstract]      
Interest paid 2 13 2
Federal and state tax paid 2,589 6,197 8,169
State tax refund 0 0 18
Property and equipment additions $ 679 $ 1,707 $ 1,137
Earnings Per Share [Abstract]      
Weighted average number of shares outstanding (in shares) | shares 4,217,596 4,217,596 4,217,596
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
As Reported Fair Value Contracts $ 112 $ 0  
As Reported Fair Value Contracts $ 64 195  
Minimum [Member]      
Property, Plant and Equipment [Line Items]      
Property and equipment, useful life 3 years    
Maximum [Member]      
Property, Plant and Equipment [Line Items]      
Property and equipment, useful life 20 years    
Producing Oil and Gas Properties [Member]      
Fair value measurements for producing and non-producing oil and gas properties that were subject to fair value impairment [Abstract]      
Impairment valuation loss $ 30 10,324 $ 4,001
Producing Oil And Gas Properties Impaired in 2016 [Member]      
Fair value measurements for producing and non-producing oil and gas properties that were subject to fair value impairment [Abstract]      
Net book value at January 1 70    
Leasehold additions 2    
Depletion taken (15)    
Impairment valuation loss (30)    
Net book value at December 31 27 70  
Producing Oil And Gas Properties Impaired in 2015 [Member]      
Fair value measurements for producing and non-producing oil and gas properties that were subject to fair value impairment [Abstract]      
Net book value at January 1 6,083 18,744  
Leasehold additions   2,117  
Depletion taken   (4,454)  
Impairment valuation loss   (10,324)  
Net book value at December 31   6,083 18,744
Non-Producing Oil and Gas Properties [Member]      
Fair value measurements for producing and non-producing oil and gas properties that were subject to fair value impairment [Abstract]      
Impairment valuation loss $ 283 1,758 4,008
Sale of used trucks and equipment [Abstract]      
Capitalized costs for non-producing oil and gas leasehold interests specified as percentage of total costs 3.00%    
Napoleonville Louisiana acreage [Member]      
Sale of used trucks and equipment [Abstract]      
Total Non-producing Leasehold Costs $ 0 49  
South Texas Project acreage [Member]      
Sale of used trucks and equipment [Abstract]      
Total Non-producing Leasehold Costs 0 0  
Wyoming and other acreage [Member]      
Fair value measurements for producing and non-producing oil and gas properties that were subject to fair value impairment [Abstract]      
Net book value at January 1 231 959  
Leasehold additions 52 106  
Advanced royalty payment 0 529  
In-process wells suspended 0 395  
Property sales 0 0  
Impairment valuation loss (283) (1,758)  
Net book value at December 31 0 231 $ 959
Sale of used trucks and equipment [Abstract]      
Total Non-producing Leasehold Costs $ 0 182  
Onshore Leasehold [Member]      
Property, Plant and Equipment [Line Items]      
Property and equipment, useful life 3 years    
Wells Fargo Bank [Member]      
Letter of Credit Facility [Line Items]      
Line of credit facility, maximum borrowing capacity $ 60,000    
Standby letters of credit $ 0 $ 1,000  
Current ratio 1.1    
Commodity Contract [Member]      
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
Number of contracts held | Contract 2 1  
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member] | Current Assets [Member]      
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
Asset Derivatives $ 378    
Liability Derivatives 0 $ 0  
Less Counterparty Offsets (266)    
As Reported Fair Value Contracts 112    
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Assets [Member]      
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
Asset Derivatives 0 0  
Liability Derivatives 0 0  
Less Counterparty Offsets 0 0  
As Reported Fair Value Contracts 0 0  
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member] | Current Liabilities [Member]      
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
Asset Derivatives 0 0  
Liability Derivatives 330 195  
Less Counterparty Offsets (266) 0  
As Reported Fair Value Contracts 64 195  
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Liabilities [Member]      
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
Asset Derivatives 0 0  
Liability Derivatives 0 0  
Less Counterparty Offsets 0 0  
As Reported Fair Value Contracts $ 0 $ 0  
Commodity Contract [Member] | January 2016 [Member]      
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
Volume committed per day under commodity purchase and sale contract (in barrels) | bbl   65  
Commodity Contract [Member] | February 2016 [Member]      
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
Volume committed per day under commodity purchase and sale contract (in barrels) | bbl   65  
Commodity Contract [Member] | March 2016 [Member]      
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
Volume committed per day under commodity purchase and sale contract (in barrels) | bbl   65  
Commodity Contract [Member] | Jan 2017 through Mar 2017 [Member]      
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
Volume committed per day under commodity purchase and sale contract (in barrels) | bbl 65    
Commodity Contract [Member] | Jan 2017 through April 2017 [Member]      
Fair Value Forward Hydrocarbon Commodity Contracts at gross valuation [Abstract]      
Volume committed per day under commodity purchase and sale contract (in barrels) | bbl 145,000