Using the Sloan Digital Sky Survey Data Release 7 (SDSS DR7) spectroscopic catalog, we searched the WISE AllWISE catalog to investigate the occurrence of warm dust, as inferred from IR excesses, around field M dwarfs (dMs). We developed SDSS/WISE color selection criteria to identify 175 dMs (from 70841) that show IR flux greater than the typical dM photosphere levels at 12 and/or 22{mu}m, including seven new stars within the Orion OB1 footprint. We characterize the dust populations inferred from each IR excess and investigate the possibility that these excesses could arise from ultracool binary companions by modeling combined spectral energy distributions. Our observed IR fluxes are greater than levels expected from ultracool companions (>3{sigma}). We also estimate that the probability the observed IR excesses are due to chance alignments with extragalactic sources is <0.1%. Using SDSS spectra we measure surface gravity-dependent features (K, Na, and CaH 3) and find <15% of our sample indicates low surface gravities. Examining tracers of youth (H{alpha}, UV fluxes, and Li absorption), we find ~1Gyr, likely harboring circumstellar material. We investigate age-dependent properties probed by this sample, studying the disk fraction as a function of Galactic height. The fraction remains small and constant to |Z|~700pc and then drops, indicating little to no trend with age. Possible explanations for disks around field dMs include (1) collisions of planetary bodies, (2) tidal disruption of planetary bodies, or (3) failed planet formation.

Cone search capability for table J/ApJ/794/146/catalog (Parameters 175 M dwarfs)