Acquisitions and Dispositions

6 Months Ended

Jun. 30, 2014

Business Combinations [Abstract]

Acquisitions and Dispositions

(2) Acquisitions and Dispositions:

Historically the Company has repurchased the interests of the partners and trust unit holders in the eighteen oil and gas limited partnerships (the “Partnerships”) and the two asset and business income trusts (the “Trusts”) managed by the Company as general partner and as managing trustee, respectively. The Company purchased such interests in amounts totaling $209,000 and $7,000 for the six months ended June 30, 2014 and 2013, respectively.