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Transportation and Distribution Revenue (Tables)
9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Contract with Customer, Asset and Liability
The table below summarizes the Company's contract liability balance related to its transportation and distribution revenue contracts as of September 30, 2021:
Contract Liability(1)
September 30, 2021December 31, 2020
Beginning Balance January 1$6,104,979 $6,850,790 
Unrecognized Performance Obligations 315,000 347,811 
Recognized Performance Obligations (439,106)(1,093,622)
Ending Balance$5,980,873 $6,104,979 
(1) The contract liability balance is included in unearned revenue in the Consolidated Balance Sheets.
Schedules of Concentration of Risk
The following is a breakout of the Company's transportation and distribution revenue for the three and nine months ended September 30, 2021 and 2020:
For the Three Months EndedFor the Nine Months Ended
September 30, 2021September 30, 2020September 30, 2021September 30, 2020
Crude oil transportation revenue84.6 %— %80.7 %— %
Natural gas transportation revenue11.4 %64.6 %13.5 %67.2 %
Natural gas distribution revenue3.5 %26.0 %4.3 %25.3 %