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BASIS OF FINANCIAL STATEMENT PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2014
Accounting Policies [Abstract]  
Changes to Asset Retirement Obligations

The following is a description of the changes to our asset retirement obligations for the nine months ended September 30:

 

     2014      2013  

Asset retirement obligations at beginning of period

   $ 41,440       $ 28,317   

Liabilities incurred during the period

     34,116         689   

Accretion expense

     3,000         2,760   
  

 

 

    

 

 

 

Asset retirement obligations at end of period

   $ 78,556       $ 31,766