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Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2014
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Change in Asset Retirement Obligation
The Company’s recognized asset retirement obligations represent the estimate costs to retire certain natural gas producing wells. The following schedule is a reconciliation of the Company’s recognized asset retirement obligations for the years ended December 31, 2014 and 2013.
 
 
 
2014
 
2013
 
 
 
 
 
 
 
Balance, January 1st
 
$
1,145,052
 
$
1,087,140
 
Accretion expense
 
 
51,466
 
 
57,912
 
 
 
 
 
 
 
 
 
Balance, December 31st
 
$
1,196,518
 
$
1,145,052