Deferred Revenue (Tables)

6 Months Ended

Jun. 30, 2016

Deferred Revenue Disclosure [Abstract]

Summary of Deferred Revenue

Deferred revenue consisted of the following:

	As of
	June 30, 2016		December 31, 2015
Deferred Oil Exploration Lease Revenue	$	279,733	$	885,822
Deferred Land Sale Revenue		3,956,433		12,656,773
Prepaid Rent		879,785		907,325
Other Deferred Revenue		277,244		274,690
Total Deferred Revenue	$	5,393,195	$	14,724,610