DEFERRED REVENUE (Tables)

6 Months Ended

Jun. 30, 2017

DEFERRED REVENUE

Schedule of components of deferred revenue

	As of
	June 30, 2017		December 31, 2016
Deferred Oil Exploration Lease Revenue	$	185,647	$	585,674
Prepaid Rent		1,200,431		1,068,972
Other Deferred Revenue		333,788		337,020
Total Deferred Revenue	$	1,719,866	$	1,991,666