Business Segments (Tables)

6 Months Ended

Jun. 30, 2013

Business Segments [Abstract]

Summary of operations in different segments

Certain financial information concerning our operations in different segments is as follows:

	For the Three Months Ended June 30		Exploration and Production		Pipeline Transmission			Corporate			Total
Revenue		2013	$	4,641,723	$	26,447		$	2,988		$	4,671,158
		2012		2,137,362		94,375			232,965			2,464,702
Income (Loss) from operations		2013		1,680,928		(1,024	)		(1,536,847	)		143,057
		2012		110		55,354			(1,343,071	)		(1,287,607	)
Interest expense		2013		3,897,557					1,071			3,898,628
		2012		1,432,141		—			—			1,432,141
Depreciation, depletion, amortization and accretion		2013		739,161		—			—			739,161
		2012		741,969		81			—			742,050
Property and equipment acquisitions, including oil and gas properties		2013		10,892,915		—			709			10,893,624
		2012		13,266,501		—			—			13,266,501

	For the Six Months Ended June 30		Exploration and Production		Pipeline Transmission		Corporate			Total
Revenue		2013	$	8,215,606	$	61,890	$	2,988		$	8,280,484
		2012		4,909,344		187,688		285,198			5,382,230
Income (Loss) from operations		2013		2,288,186		31,529		(3,095,547	)		(775,832	)
		2012		243,577		106,873		(2,703,613	)		(2,353,163	)
Interest expense		2013		5,795,458		—		5,917			5,801,375
		2012		1,870,855		—		—			1,870,855
Depreciation, depletion, amortization and accretion		2013		1,378,556		54		—			1,378,610
		2012		1,752,887		161		—			1,753,048
Property and equipment acquisitions, including oil and gas properties		2013		12,692,501		—		5,961			12,698,462
		2012		14,340,118		—		—			14,340,118
Total assets, net of intercompany accounts:
June 30, 2013		88,890,193				6,225					88,896,418
December 31, 2012		62,408,692				29,769					62,438,461

Property and equipment acquisitions include accrued amounts and reclassifications.