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Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES    
Natural gas operations $ 60,253,810 $ 39,944,662
Marketing and production 4,689,356 3,571,779
Pipeline operations 99,014 98,287
Total revenues 65,042,180 43,614,728
COST OF SALES    
Natural gas purchased 41,955,435 24,116,421
Marketing and production 4,240,965 2,860,035
Total cost of sales 46,196,400 26,976,456
GROSS MARGIN 18,845,780 16,638,272
OPERATING EXPENSES    
Distribution, general, and administrative 6,846,678 5,322,700
Maintenance 346,403 329,413
Depreciation and amortization 1,821,178 1,421,570
Accretion 46,578 42,607
Taxes other than income 996,732 910,907
Total operating expenses 10,057,569 8,027,197
OPERATING INCOME 8,788,211 8,611,075
Loss from unconsolidated affiliate (973) (1,080)
Other income, net 106,108 35,403
Acquisition expense (5,328) (175,879)
Interest expense (809,381) (802,017)
Income before income taxes 8,078,637 7,667,502
Income tax expense (3,044,585) (2,897,892)
Income from continuing operations 5,034,052 4,769,610
Discontinued operations, net of tax (15,561) 18,113
NET INCOME 5,018,491 4,787,723
Basic weighted shares outstanding 10,451,678 8,384,863
Dilutive effect of stock options 572 781
Diluted weighted shares outstanding 10,452,250 8,385,644
BASIC AND DILUTED EARNINGS PER SHARE:    
Continuing operations $ 0.48 $ 0.57
Discontinued operations      
Net income per share $ 0.48 $ 0.57
Weighted average dividends declared per common share $ 0.135 $ 0.135
COMPREHENSIVE INCOME:    
Net income 5,018,491 4,787,723
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX    
Unrealized gain (loss) on available for sale securities, net of tax of $(1,327), and $1,894, respectively (923) 2,565
COMPREHENSIVE INCOME $ 5,017,568 $ 4,790,288