Oil and Gas Reserve Data (Unaudited) (Tables)

12 Months Ended

Mar. 31, 2016

Extractive Industries [Abstract]

Schedule of Changes in Proved Reserves

	Oil (Bbls)			Natural Gas (Mcf)
Proved Developed and Undeveloped Reserves:
As of April 1, 2013		366,000			7,844,000
Revision of previous estimates		12,000			(1,404,000	)
Purchase of minerals in place		50,000			18,000
Extensions and discoveries		101,000			163,000
Sales of minerals in place		-			-
Production		(27,000	)		(362,000	)
As of March 31, 2014		502,000			6,259,000
Revision of previous estimates		(90,000	)		(665,000	)
Purchase of minerals in place		43,000			795,000
Extensions and discoveries		235,000			269,000
Sales of minerals in place		-			-
Production		(30,000	)		(369,000	)
As of March 31, 2015		660,000			6,289,000
Revision of previous estimates		(13,000	)		(736,000	)
Purchase of minerals in place		-			-
Extensions and discoveries		479,000			665,000
Sales of minerals in place		(3,000	)		(9,000	)
Production		(39,000	)		(408,000	)
As of March 31, 2016		1,084,000			5,801,000

Summary of Proved Developed and Undeveloped Reserves

Summary of Proved Developed and Undeveloped Reserves as of March 31, 2016, 2015 and 2014:

	Oil (Bbls)		Natural Gas (Mcf)
Proved Developed Reserves:
As of April 1, 2013		237,420		4,807,020
As of March 31, 2014		294,620		4,081,470
As of March 31, 2015		283,670		4,584,790
As of March 31, 2016		350,180		4,406,060
Proved Undeveloped Reserves:
As of April 1, 2013		128,290		3,037,180
As of March 31, 2014		206,930		2,177,810
As of March 31, 2015		376,070		1,703,790
As of March 31, 2016		734,170		1,395,220

Schedule of Progress of Converting Proved Undeveloped Reserves

Progress of Converting Proved Undeveloped Reserves:

	Oil & Natural Gas			Future
	(Mcfe)			Development Costs
PUDs, beginning of year		3,960,232		$	6,617,402
Revision of previous estimates		(1,441,324	)		(2,778,279	)
Conversions to PD reserves		(256,618	)		(732,620	)
Additional PUDs added		3,537,952			6,510,657
PUDs, end of year		5,800,242		$	9,617,160

Schedule of Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves

Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves:

	March 31
	2016			2015			2014
Future cash inflows	$	57,318,000		$	72,238,000		$	70,252,000
Future production costs and taxes		(14,571,000	)		(19,569,000	)		(20,647,000	)
Future development costs		(9,617,000	)		(6,617,000	)		(4,826,000	)
Future income taxes		(4,569,000	)		(9,254,000	)		(9,801,000	)
Future net cash flows		28,561,000			36,798,000			34,978,000
Annual 10% discount for estimated timing of cash flows		(14,663,000	)		(17,860,000	)		(15,649,000	)
Standardized measure of discounted future net cash flows	$	13,898,000		$	18,938,000		$	19,329,000

Schedule of Changes in Standardized Measure of Discounted Future Net Cash Flows to Proved Oil and Gas Reserves

Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves:

	March 31
	2016			2015			2014
Sales of oil and gas produced, net of production costs	$	(1,240,000	)	$	(2,036,000	)	$	(2,762,000	)
Net changes in price and production costs		(12,510,000	)		(4,066,000	)		2,464,000
Changes in previously estimated development costs		3,701,000			2,627,000			270,000
Revisions of quantity estimates		(602,000	)		(3,718,000	)		(657,000	)
Net change due to purchases and sales of minerals in place		(105,000	)		2,777,000			1,332,000
Extensions and discoveries, less related costs		5,174,000			4,607,000			3,802,000
Net change in income taxes		2,539,000			654,000			(1,997,000	)
Accretion of discount		2,370,000			2,474,000			1,779,000
Changes in timing of estimated cash flows and other		(4,367,000	)		(3,710,000	)		729,000
Changes in standardized measure		(5,040,000	)		(391,000	)		4,960,000
Standardized measure, beginning of year		18,938,000			19,329,000			14,369,000
Standardized measure, end of year	$	13,898,000		$	18,938,000		$	19,329,000