Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2012

Balance Sheet

The Company's assets and liabilities and results of operations from discontinued operations

The Company's assets and liabilities and results of operations from discontinued operations are as follows:

		As of December 31,
		2012		2011
Accounts receivable	$	62,481	$	35,370
Prepaid expenses and other Assets		2,217		4,195
Total current assets of discontinued operations	$	64,698	$	39,565
Property and equipment, at cost	$	1,116,663	$	1,116,663
Accumulated depreciation		(109,376)		(58,574)
Total non-current assets of discontinued operations	$	1,007,287	$	1,058,089
Accounts payable	$	9,837	$	13,771
Accrued expenses		5,629		353
Total current liabilities of discontinued operations	$	15,466	$	14,124

Income Statement

The Company's assets and liabilities and results of operations from discontinued operations

		For the Year Ended December 31,
		2012		2011
Transportation of natural gas and liquids	$	314,434	$	297,759
Operation and Maintenance		(47,730)		(69,041)
Depreciation		(50,802)		(50,324)
Other expenses		(6,542)		-
Income from discontinued operations, net of taxes	$	209,360	$	178,394