XML 65 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
BASIS OF FINANCIAL STATEMENT PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2014
Accounting Policies [Abstract]  
Changes to Asset Retirement Obligations

The following is a description of the changes to our asset retirement obligations for the three months ended March 31:

 

     2014      2013  

Asset retirement obligations at beginning of period

    $ 41,440       $ 416,322   

Liabilities incurred during the period

      11,372         —     

Accretion expense

      1,000         920   

Liabilities held for sale

      —           (388,005 ) 
  

 

 

     

 

 

  

Asset retirement obligations at end of period

    $ 53,812       $ 29,237