Segment Reporting

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Reporting

9. Segment Reporting

The Company operates its business based on two industry segments: Energy procurement and Energy efficiency services. The Company delivers its Energy procurement services to four markets: retail energy, wholesale energy, demand response and environmental commodity. The Energy procurement process is substantially the same regardless of the market being serviced and is 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 focuses on turn-key electrical, mechanical and lighting energy efficiency measures servicing commercial, industrial and institutional customers.

Segment operating loss represents loss from operations including share-based compensation, amortization of intangible assets and depreciation. The following tables present certain continuing operating division information in accordance with the provisions of Accounting Standards Codification (“ASC”) 280, “Segment Reporting”.

	For the three months ended September 30,						For the nine months ended September 30,
	2013			2012			2013			2012
Consolidated revenue from external customers:
Energy procurement	$	7,295,276		$	5,626,444		$	21,673,273		$	17,480,645
Energy efficiency services		1,443,281			1,979,410			3,658,423			4,103,815
Consolidated total revenue	$	8,738,557		$	7,605,854		$	25,331,696		$	21,584,460
Consolidated loss before income taxes:
Energy procurement	$	(332,233	)	$	(443,278	)	$	(2,131,734	)	$	(1,775,952	)
Energy efficiency services		(117,510	)		(79,377	)		(666,439	)		(396,789	)
Consolidated loss before income taxes	$	(449,743	)	$	(522,655	)	$	(2,798,173	)	$	(2,172,741	)
Energy Procurement:
Amortization	$	943,977		$	587,772		$	2,831,927		$	1,978,902
Depreciation	$	50,482		$	49,626		$	148,309		$	140,678
Interest expense, net	$	253,822		$	61,432		$	733,956		$	174,344
Energy Efficiency Services:
Amortization	$	39,289		$	39,289		$	117,868		$	127,971
Depreciation	$	5,891		$	5,817		$	18,803		$	17,835
Interest expense, net	$	—		$	25,485		$	—		$	100,280

	September 30, 2013		December 31, 2012
Consolidated total assets:
Energy procurement	$	45,566,740	$	48,839,503
Energy efficiency services		5,717,629		6,291,159
Consolidated total assets	$	51,284,369	$	55,130,662