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SEGMENT REPORTING
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING
The Company’s reportable segments include the Black Oil, Refining and Marketing and Recovery divisions.  Segment information for the years ended December 31, 2017 and 2016 are as follows:
YEAR ENDED DECEMBER 31, 2017
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
107,988,551

 
$
20,097,325

 
$
17,413,216

 
$
145,499,092

Net income (loss) from operations
 
$
(5,678,768
)
 
$
(1,195,946
)
 
$
651,627

 
$
(6,223,087
)
Total assets
 
$
75,709,845

 
$
3,454,010

 
$
5,141,619

 
$
84,305,474

 
 
 
 
 
 
 
 
 
YEAR ENDED DECEMBER 31, 2016
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
76,634,940

 
$
13,154,777

 
$
8,289,197

 
$
98,078,914

Net loss from operations
 
$
(8,849,055
)
 
$
(402,317
)
 
$
(861,142
)
 
$
(10,112,514
)
Total assets
 
$
80,774,533

 
$
1,573,395

 
$
4,638,040

 
$
86,985,968