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Condensed Consolidated Statement of Comprehensive Income (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES        
Natural gas operations $ 17,746,297 $ 12,801,547 $ 57,690,959 $ 42,649,632
Marketing and production 2,645,682 1,040,354 6,217,461 2,947,448
Pipeline operations 105,032 102,093 203,319 209,877
Propane operations 658,385 561,552 2,360,959 2,470,710
Total revenues 21,155,396 14,505,546 66,472,698 48,277,667
COST OF SALES        
Natural gas purchased 10,049,089 5,447,322 34,165,510 22,684,216
Marketing and production 2,232,922 850,311 5,092,957 2,245,727
Propane purchased 450,702 418,482 1,604,343 1,849,751
Total cost of sales 12,732,713 6,716,115 40,862,810 26,779,694
GROSS MARGIN 8,422,683 7,789,431 25,609,888 21,497,973
OPERATING EXPENSES        
Distribution, general, and administrative 5,752,110 5,236,512 11,427,097 10,449,432
Maintenance 309,846 316,722 678,525 612,957
Depreciation and amortization 1,557,037 1,304,472 3,052,870 2,547,816
Accretion 43,512 39,554 86,119 77,634
Taxes other than income 919,844 880,306 1,849,648 1,817,796
Total operating expenses 8,582,349 7,777,566 17,094,259 15,505,635
OPERATING INCOME (LOSS) (159,666) 11,865 8,515,629 5,992,338
LOSS FROM UNCONSOLIDATED AFFILIATE (2,947) (2,214) (4,027) (4,955)
OTHER INCOME, NET 382,590 264,097 390,459 310,767
ACQUISITION EXPENSE 19,345 (457,624) (156,534) (576,347)
STOCK SALE EXPENSE   (255,279)   (255,279)
INTEREST EXPENSE (774,442) (625,797) (1,583,998) (1,289,866)
INCOME (LOSS) BEFORE INCOME TAXES (535,120) (1,064,952) 7,161,529 4,176,658
INCOME TAX BENEFIT (EXPENSE) 208,204 340,762 (2,700,722) (1,618,001)
NET INCOME (LOSS) (326,916) (724,190) 4,460,807 2,558,657
Basic weighted shares outstanding 8,465,983 8,155,867 8,425,647 8,155,300
Dilutive effect of stock options     847 7,386
Diluted weighted shares outstanding 8,465,983 8,155,867 8,426,494 8,162,686
Basic and diluted earnings (loss) per share $ (0.04) $ (0.09) $ 0.53 $ 0.31
Weighted average dividends declared per common share $ 0.135 $ 0.135 $ 0.270 $ 0.270
COMPREHENSIVE INCOME (LOSS):        
NET INCOME (LOSS) (326,916) (724,190) 4,460,807 2,558,657
OTHER COMPREHENSIVE INCOME, NET OF TAX        
Unrealized gain/(loss) on available for sale securities, net of tax of $2,209, $(9,273), $4,103, and $(3,794), respectively 3,642 (15,477) 6,207 (6,331)
COMPREHENSIVE INCOME (LOSS) $ (323,274) $ (739,667) $ 4,467,014 $ 2,552,326