XML 49 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
Notes Payable (Details) (USD $)
1 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended 12 Months Ended
Feb. 28, 2013
Mar. 31, 2013
Dec. 31, 2012
Apr. 26, 2012
Prima Oil Company, Inc. [Member]
Apr. 02, 2012
CIT Capital USA Inc. [Member]
Mar. 31, 2013
CIT Capital USA Inc. [Member]
Sep. 22, 2007
CIT Capital USA Inc. [Member]
Mar. 31, 2013
CIT Capital USA Inc. [Member]
Stout #2H, Groves #1H and Lucey #1H [Member]
Mar. 31, 2013
CIT Capital USA Inc. [Member]
Marcellus Shale [Member]
Apr. 26, 2012
ASD Credit Agreement [Member]
Mar. 31, 2013
ASD Credit Agreement [Member]
acre
Well
Dec. 31, 2012
ASD Credit Agreement [Member]
Feb. 28, 2013
ASD Credit Agreement [Member]
Mar. 31, 2013
Sixth Amendment [Member]
CIT Capital USA Inc. [Member]
Notes Payable (Textual) [Abstract]                            
Credit facility, face amount             $ 30,000,000     $ 50,000,000 $ 50,000,000      
Credit facility, maturity date           Jun. 15, 2010                
Debt instrument increase borrowing capacity                         75,000,000  
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                     264,706      
LIBOR Rate                     1.00%      
Debt instrument interest rate                     10.00%      
Debt instrument LIBOR Rate                     11.00%      
Debt instruments increase in principal amount                     25,000,000      
Prepayment penalty description                     The Termination Fee will be equal to $12.5 million less all interest payments actually made with respect to the $25 million loan prior to such date      
Maximum termination fees on prepayment                     12,500,000      
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     3,000,000                      
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 25,000,000 500,000                        
Other loans outstanding   $ 34,220 $ 15,155