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Commitments and Contingencies
12 Months Ended
Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies

Operating Leases

The Company leases office space in Dickinson, North Dakota, Lusk, Wyoming and Denver, Colorado. During 2014, 2015 and 2016, rent expense incurred for the Dickinson, North Dakota office was $26,265, $27,165, and $27,840, respectively. The lease expires on October 31, 2018. Rent expense incurred for the Lusk, Wyoming office for 2014, 2015 and 2016 was $9,000 for each year. The lease expires on December 31, 2018. Rent expense for the Denver Colorado office for 2014, 2015 and 2016 was $14,554, $15,601 and $15,766, respectively. The lease expires on December 31, 2017.

Litigation and Contingencies

From time to time, the Company is involved in litigation relating to claims arising out of its operations in the normal course of business.  At December 31, 2016, the Company was not engaged in any legal proceedings that are expected, individually or in the aggregate, to have a material adverse effect on the Company.