Deferred Revenue (Tables)

3 Months Ended

Mar. 31, 2016

Deferred Revenue Disclosure [Abstract]

Summary of Deferred Revenue

Deferred revenue consisted of the following:

	As of
	March 31, 2016		December 31, 2015
Deferred Oil Exploration Lease Revenue	$	582,778	$	885,822
Deferred Land Sale Revenue		7,152,509		12,656,773
Prepaid Rent		1,029,431		907,325
Other Deferred Revenue		286,791		274,690
Total Deferred Revenue	$	9,051,509	$	14,724,610