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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
Costs and expenses:        
Depreciation $ 152 $ 230 $ 511 $ 650
General, administrative and other operating 2,650 4,893 13,110 14,971
Full amortization of proved oil and gas properties   112,145 441 112,145
Write-off of prospective investment deposit   10,000   10,000
Loss from operations (2,802) (127,268) (14,062) (137,766)
Other income (expense):        
Other than temporary impairment of securities 0     (472)
Realized gain on sale of securities   59   59
Interest income 4 11 10 281
Total other income (expense) 4 70 10 (132)
Loss before income tax (2,798) (127,198) (14,052) (137,898)
Income tax 0   0  
Net loss $ (2,798) $ (127,198) $ (14,052) $ (137,898)
Basic and diluted loss per share (in dollars per share) $ (0.02) $ (0.78) $ (0.08) $ (0.87)
Weighted average shares outstanding - basic and diluted (in shares) 167,668,492 163,116,280 167,583,132 158,649,617