Provision for Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Provision for Taxes [Abstract]

Income tax (benefit) provision

	2012			2011
Current:	$	(58,013	)	$	214,000
Deferred:
Change in Depreciation, depletion and amortization	$	(1,737,000	)	$	(1,645,000	)
Unrealized loss on derivative		(275,000	)		—
Change in other items		(29,000	)		49,000
Change in NOL		(3,564,000	)		2,478,000
Increase in AMT credit		58,000			(214,000	)
Change in valuation allowance		5,547,000			(668,000	)
Total	$	(58,013	)	$	214,000

Net deferred tax assets and liabilities

	2012			2011
Deferred tax assets:
NOL carryover	$	5,682,000		$	2,118,000
AMT Credit		606,000			664,000
Unrealized loss on derivative contract		275,000			—
Other		142,000			113,000
Total deferred tax assets		6,705,000			2,895,000
Deferred tax liabilities:
Depreciation, depletion and amortization		(552,000	)		(2,289,000	)
Total deferred tax liabilities		(552,000	)		(2,289,000	)
Valuation allowance		(6,153,000	)		(606,000	)
Net deferred taxes	$	—		$	—