11. Accrued Expenses and Other Current Liabilities (Tables)

9 Months Ended

Sep. 30, 2014

Accrued Expenses And Other Current Liabilities Tables

Accrued expenses and other current liabilities

Accrued expenses and other current liabilities consisted of the following: 

	September 30,		December 31,
	2014		2013
Excise and income taxes payable	$	1,080,413	$	688,754
Genesis crude accrued payable		384,362		-
Transportation and inspection		40,000		100,000
Property taxes		30,109		-
Unrealized hedging loss		19,200		-
Unearned revenue		94,172		302,505
Board of Director fees payable		341,250		240,000
Other payable		188,918		269,185
	$	2,178,424	$	1,600,444