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Income Taxes - Components of net deferred tax assets (Details) (USD $)
Mar. 31, 2014
Mar. 31, 2013
Deferred tax assets:    
Percentage depletion carryforwards $ 1,463,834 $ 1,336,630
Deferred stock-based compensation 29,475 24,003
Asset retirement obligation 298,089 252,158
Net operating loss 298,736 503,659
Derivative instruments 13,944   
Other 9,673 3,237
Total deferred tax assets 2,113,751 2,119,687
Deferred tax liabilities:    
Excess financial accounting bases over tax bases of property and equipment (2,972,200) (2,972,886)
Net deferred tax liabilities $ (858,449) $ (853,199)