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Deferred Tax Assets and Liabilities (Detail) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Deferred tax assets:    
Net operating loss carryforward $ 77,507,544 $ 64,772,240
Severance costs   96,679
Organizational expenses 57,439 58,187
Stock based compensation 2,431,147 1,522,325
Intangibles 775,719 869,594
Other 1,418,801 24,207
Deferred Tax Asset 82,190,650 67,343,232
Deferred tax liabilities:    
Oil and gas properties and other property and equipment, principally due to intangible drilling costs (86,789,694) (84,371,190)
Unrealized hedging gain (11,414,232) (14,482,786)
Net deferred tax liabilities $ (16,013,276) $ (31,510,744)