XML 74 R51.htm IDEA: XBRL DOCUMENT v2.4.0.6
Notes Payable (Details) (USD $)
3 Months Ended 12 Months Ended 1 Months Ended 7 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2012
Dec. 31, 2011
Apr. 26, 2012
Prima Oil Company, Inc. [Member]
Apr. 30, 2012
CIT Capital USA Inc. [Member]
Jul. 31, 2010
CIT Capital USA Inc. [Member]
Dec. 31, 2010
CIT Capital USA Inc. [Member]
Dec. 31, 2012
CIT Capital USA Inc. [Member]
Dec. 31, 2010
CIT Capital USA Inc. [Member]
Sep. 22, 2007
CIT Capital USA Inc. [Member]
Dec. 31, 2012
CIT Capital USA Inc. [Member]
Stout #2H, Groves #1H and Lucey #1H [Member]
Dec. 31, 2012
CIT Capital USA Inc. [Member]
Marcellus Shale [Member]
Apr. 30, 2011
ASD Credit Agreement [Member]
Dec. 31, 2012
ASD Credit Agreement [Member]
acre
Well
Feb. 28, 2013
ASD Credit Agreement [Member]
Apr. 26, 2012
ASD Credit Agreement [Member]
Feb. 29, 2012
ASD Credit Agreement [Member]
Mar. 31, 2011
Sixth Amendment [Member]
CIT Capital USA Inc. [Member]
Mar. 31, 2012
Sixth Amendment [Member]
CIT Capital USA Inc. [Member]
Dec. 31, 2011
Sixth Amendment [Member]
CIT Capital USA Inc. [Member]
Dec. 31, 2012
Sixth Amendment [Member]
CIT Capital USA Inc. [Member]
Dec. 31, 2012
Eighth Amendment [Member]
CIT Capital USA Inc. [Member]
Notes Payable (Textual) [Abstract]                                            
Credit facility, face amount                   $ 30,000,000         $ 75,000,000 $ 50,000,000 $ 50,000,000          
Credit facility, maturity date               Sep. 15, 2010                         Mar. 31, 2012 Apr. 30, 2012
Borrowing amount repaid           15,000,000             5,000,000                  
Repurchase of profit interest                 1,780,404                          
Line of credit, fees and interest                 539,835                          
Line of credit, borrowing outstanding             17,320,239   17,320,239                 18,184,978   14,290,936    
Line of credit, forbearance fees             725,000                     725,000        
Warrants period             5 years                              
Line of credit, accrued interest                                   139,748   1,245,697    
Line of credit, accrued interest, legal and administrative fees                                     557,226      
Line of credit principal amount outstanding         125,000                                  
Line of credit, interest rate                                         1.50%  
Overriding royalty interest                     1.50% 1.50%                    
ASD Credit Agreement, closing date                           Apr. 26, 2012                
Percentage of owned subsidiaries       100.00%                                    
Number of gas wells in which the company owns working interest gross                           13                
Number of gas wells in which the company owns working interest net                           7.60                
Marcellus leased properties area                           22,000                
Administrative fee                           50,000                
Interest expense                           705,882                
LIBOR Rate                           1.00%                
Debt instrument interest rate                           10.00%                
Debt instrument LIBOR Rate                           11.00%                
Debt instrument percentage of contingent interest on non compliance of debt covenant                           1.00%                
Warrants and rights outstanding                           2,000,000                
Warrants Rights                           19,500                
ASD Stock Percentage                           19.50%                
Warrants exercise price                           $ 263.44                
Notes Payable (Additional Textual) [Abstract]                                            
Productive wells, commercial production period   30 days                                        
Original issue discount 0 0                                        
Interest rate   Interest is due monthly at 10% plus the greater of 1% or the 3 month LIBOR rate                                        
Maturity Date   Feb. 28, 2015                                        
Principal balance and interest expense 500,000 25,000,000                                        
Contingent interest provision 500,000 500,000                                        
Other loans outstanding $ 39,791 $ 39,791 $ 33,529