Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Income Tax Provision

	Years Ended December 31,
	2013		2012
	(in thousands)
Current Taxes:
Federal	$	—	$	—
State		—		—
Deferred Taxes:
Federal		—		(80	)
State		—		—
Total tax benefit	$	—	$	(80	)

Income Tax Reconciliation

	Years Ended December 31,
	2013			2012
	(in thousands)
Statutory tax benefit	$	(340	)	$	(892	)
Increase (decrease) in valuation allowance
Change in valuation allowance		337			(3,137	)
Effect of subsidiary tax consolidation		—			—
Expiration of capital loss carryforwards		—			9
Expiration of NOL carryforwards		—			4,007
Benefit realized on settlement of unrecognized tax benefit		—			(80	)
Effect of permanent differences and other		3			13
Total tax benefit	$	—		$	(80	)

Components of Federal Deferred Income Taxes

	2013			2012
	(in thousands)
Deferred tax assets:
Net operating losses (NOL) carryover	$	33,973		$	33,444
Depletion carryover		3,020			3,020
Share based compensation		48			28
Deferred book liabilities		1			1
Loan origination fees		60			41
Book vs. tax basis in investments		20,683			19,165
Capital loss carryover		2,688			2,688
Total gross deferred tax assets		60,473			58,387
Deferred tax liabilities:
Property and equipment		(824	)		(753	)
Net deferred tax assets		59,649			57,634
Less valuation allowances		(59,649	)		(57,634	)
Deferred tax liabilities, net of valuation allowance	$	—		$	—

Unrecognized Tax Benefit

	2013		2012
Unrecognized tax benefits at January 1,	$	—	$	225
Increases for positions taken in current year		—		—
Decreases for positions taken in current year		—		—
Decreases for settlements with taxing authorities		—		(225	)
Decreases for lapses in the applicable statute of limitations		—		—
Unrecognized tax benefits at December 31,	$	—	$	—