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SEGMENT REPORTING
 6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING
 
The Company’s reportable segments include the Black Oil, Refining & Marketing and Recovery divisions. Segment information for the three and six months ended June 30, 2017 and 2016 is as follows:


THREE MONTHS ENDED JUNE 30, 2017
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
27,384,402

 
$
5,186,358

 
$
4,342,019

 
$
36,912,779

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(1,377,717
)
 
$
(248,006
)
 
$
46,976

 
$
(1,578,747
)


THREE MONTHS ENDED JUNE 30, 2016
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
19,836,390

 
$
2,923,481

 
$
1,668,573

 
$
24,428,444

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(812,262
)
 
$
47,336

 
$
(243,241
)
 
$
(1,008,167
)


SIX MONTHS ENDED JUNE 30, 2017
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
52,188,485

 
$
10,580,399

 
$
8,914,509

 
$
71,683,393

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(4,047,821
)
 
$
(232,300
)
 
$
(59,463
)
 
$
(4,339,584
)

SIX MONTHS ENDED JUNE 30, 2016
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
29,969,884

 
$
5,549,936

 
$
3,041,228

 
$
38,561,048

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(7,795,446
)
 
$
(228,968
)
 
$
(361,224
)
 
$
(8,385,638
)