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Consolidated Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Oil and gas operations $ 130 $ 317 $ 212 $ 455
Total revenues 130 317 212 455
Operating costs and expenses:        
Oil and gas operating 38 76 80 112
Arctic Star plant operating 175   521  
Selling, general and administrative 830 827 2,493 1,989
Depreciation, depletion and amortization 264 194 544 327
Total operating costs and expenses 1,307 1,097 3,638 2,428
Loss from operations (1,177) (780) (3,426) (1,973)
Other income and expenses:        
Interest and other expenses (24) (63) (67) (63)
Interest and other income - related party   372   796
Interest and other income 8 50 9 92
Total other income (expense) (16) 359 (58) 825
Loss from continuing operations (1,193) (421) (3,484) (1,148)
Gain on disposal of discontinued operations   41   41
Income (loss) from discontinued operations (23) 81 (137) 14
Net loss (1,216) (299) (3,621) (1,093)
Accrual of dividends related to preferred stock   (4)   (8)
Payment of preferred stock dividends   8   8
Net loss attributed to common stock $ (1,216) $ (295) $ (3,621) $ (1,093)
Loss per common share from continuing operations $ (3.05) $ (1.06) $ (8.91) $ (2.90)
Income (loss) per common share from discontinued operations (.06) .31 (.35) .14
Net loss per common share, basic and diluted $ (3.11) $ (.75) $ (9.26) $ (2.76)
Weighted average common shares outstanding:        
Basic and diluted 390,916 393,039 390,916 396,122