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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Amounts Due from and Due to Related Parties
The table below details amounts due from and due to related parties, including companies owned or controlled by Richard M. Osborne, father of the Company’s chief executive officer and the Company’s former chairman and chief executive officer, at December 31, 2014 and 2013.
 
 
 
Accounts Receivable
 
Accounts Payable
 
 
 
December 31,
2014
 
December 31,
2013
 
December 31,
2014
 
December 31,
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cobra Pipeline
 
$
178,596
 
$
131,208
 
$
67,982
 
$
76,909
 
Orwell Trumbell Pipeline
 
 
-
 
 
-
 
 
102,231
 
 
122,693
 
Great Plains Exploration
 
 
959
 
 
7,033
 
 
9
 
 
73,983
 
Big Oats Oil Field Supply
 
 
4,752
 
 
4,945
 
 
-
 
 
179,447
 
John D. Oil and Gas Company
 
 
6,854
 
 
91
 
 
-
 
 
82,188
 
OsAir
 
 
35,329
 
 
-
 
 
97
 
 
16,703
 
Other
 
 
8,120
 
 
2,948
 
 
-
 
 
8,010
 
Total related party balances
 
 
234,610
 
 
146,225
 
 
170,319
 
 
559,933
 
Less amounts included in discontinued operations
 
 
-
 
 
-
 
 
-
 
 
-
 
Total related party balances included in continuing operations
 
$
234,610
 
$
146,225
 
$
170,319
 
$
559,933
 
Summary of Related Parties Transactions
The table below details transactions with related parties, including companies owned or controlled by Richard M. Osborne, father of the Company’s chief executive officer and the Company’s former chairman and chief executive officer, for the year ended December 31, 2014:
 
 
 
Year Ended December 31, 2014
 
 
 
Natural Gas
Purchases
 
Pipeline
Construction
Purchases
 
Rent, Supplies,
Consulting and
Other Purchases
 
Natural Gas Sales
 
Rental Income
and Other Sales
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cobra Pipeline
 
$
1,119,192
 
$
-
 
$
18,000
 
$
104,623
 
$
13,400
 
Orwell Trumbell Pipeline
 
 
788,026
 
 
-
 
 
-
 
 
1,956
 
 
37,124
 
Great Plains Exploration
 
 
611,187
 
 
-
 
 
-
 
 
13,073
 
 
5,200
 
Big Oats Oil Field Supply
 
 
-
 
 
254,752
 
 
93,741
 
 
5,181
 
 
850
 
John D. Oil and Gas Company
 
 
737,522
 
 
-
 
 
-
 
 
575
 
 
42,209
 
OsAir
 
 
176,116
 
 
-
 
 
6,317
 
 
3,788
 
 
52,045
 
Lake Shore Gas Storage
 
 
162,360
 
 
-
 
 
-
 
 
-
 
 
-
 
Other
 
 
76,282
 
 
-
 
 
22,808
 
 
22,240
 
 
1,676
 
Total
 
$
3,670,685
 
$
254,752
 
$
140,866
 
$
151,436
 
$
152,504
 
 
The table below details transactions with related parties, including companies owned or controlled by Richard M. Osborne, father of the Company’s chief executive officer and the Company’s former chairman and chief executive officer, for the year ended December 31, 2013:
 
 
 
Year Ended December 31, 2013
 
 
 
Natural Gas
Purchases
 
Pipeline
Construction
Purchases
 
Rent, Supplies,
Consulting and
Other Purchases
 
Natural Gas Sales
 
Rental Income
and Other Sales
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
John D. Oil and Gas Marketing
 
$
951,120
 
$
-
 
$
16,599
 
$
5,470
 
$
-
 
Cobra Pipeline
 
 
842,620
 
 
263,574
 
 
20,000
 
 
157,834
 
 
381
 
Orwell Trumbell Pipeline
 
 
795,190
 
 
-
 
 
-
 
 
1,260
 
 
33,911
 
Great Plains Exploration
 
 
856,696
 
 
854
 
 
1,341
 
 
9,310
 
 
47,640
 
Big Oats Oil Field Supply
 
 
-
 
 
2,967,705
 
 
624,147
 
 
3,996
 
 
5,125
 
John D. Oil and Gas Company
 
 
911,507
 
 
5,975
 
 
-
 
 
572
 
 
29,356
 
OsAir
 
 
241,693
 
 
13,200
 
 
91,850
 
 
4,866
 
 
72,787
 
Other
 
 
86,987
 
 
853
 
 
44,334
 
 
20,054
 
 
45,299
 
Total
 
$
4,685,813
 
$
3,252,161
 
$
798,271
 
$
203,362
 
$
234,499
 
 
The table below details transactions with related parties, including companies owned or controlled by Richard M. Osborne, father of the Company’s chief executive officer and the Company’s former chairman and chief executive officer, for the year ended December 31, 2012:
 
 
 
Year Ended December 31, 2012
 
 
 
Natural Gas
Purchases
 
Pipeline
Construction
Purchases
 
Rent, Supplies,
Consulting and
Other Purchases
 
Natural Gas Sales
 
Rental Income
and Other Sales
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
John D. Oil and Gas Marketing
 
$
2,405,158
 
$
9,870
 
$
58,043
 
$
-
 
$
13,128
 
Cobra Pipeline
 
 
389,233
 
 
5,390
 
 
5,104
 
 
-
 
 
23,210
 
Orwell Trumbell Pipeline
 
 
526,785
 
 
132
 
 
19,547
 
 
26,519
 
 
4,785
 
Great Plains Exploration
 
 
506,503
 
 
-
 
 
-
 
 
7,068
 
 
10,643
 
Big Oats Oil Field Supply
 
 
-
 
 
1,231,921
 
 
256,607
 
 
2,131
 
 
7,068
 
John D. Oil and Gas Company
 
 
502,897
 
 
-
 
 
-
 
 
575
 
 
-
 
Sleepy Hollow Oil & Gas
 
 
-
 
 
-
 
 
-
 
 
-
 
 
5,113
 
OsAir
 
 
248,588
 
 
-
 
 
196,451
 
 
2,479
 
 
306
 
Other
 
 
135,927
 
 
-
 
 
127,171
 
 
28,777
 
 
411
 
Total
 
$
4,715,091
 
$
1,247,313
 
$
662,923
 
$
67,549
 
$
64,664