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Segment Reporting
12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 16 — SEGMENT REPORTING

The Company operates the business based on two industry segments: energy procurement and energy efficiency services. The Company delivers its brokerage services to four distinctive markets: retail energy, wholesale energy, demand response and environmental commodity.

 

The brokerage process is substantially the same regardless of the market being serviced and are supported by the same operations personnel utilizing the same basic technology and back office support. There is no discrete financial information for these product lines nor are there segment managers who have operating responsibility for each product line. Energy efficiency services focus on turn-key electrical and mechanical energy efficiency measures servicing commercial, industrial and institutional customers.

The following tables present certain continuing operating division information in accordance with the provisions of ASC 280, “Segment Reporting”.

 

         
    Year Ended
December 31, 2011
 
    (As Restated)  

Consolidated revenue:

       

Energy brokerage

  $ 20,473,417  

Energy efficiency services

    51,150  
   

 

 

 

Consolidated total revenue

  $ 20,524,567  
   

 

 

 

Consolidated operating income (loss):

       

Energy brokerage

  $ 444,377  

Energy efficiency services

    (351,104
   

 

 

 

Consolidated operating income

  $ 93,273  
   

 

 

 
   
    December 31, 2011  
    (As Restated)  

Consolidated total assets:

       

Energy brokerage

  $ 33,365,488  

Energy efficiency services

    495,490  
   

 

 

 

Consolidated total assets

  $ 33,860,978