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Notes Payable (Tables)
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Summary of Components of Total Debt

The following table summarizes the components of total debt recorded on the Company’s consolidated balance sheets as of March 31, 2015 and December 31, 2014:

 

     March 31,
2015
     December 31,
2014
 
     (unaudited)      (audited)  

Morgan Stanley Credit Agreement - Morgan Stanley Tranche A and B

     112,500,000         112,500,000   

Morgan Stanley Credit Agreement - Morgan Stanley PIK Fee

     593,750         593,750   

Morgan Stanley Credit Agreement - Morgan Stanley NPI

     (3,331,972      (3,554,103

M3 Appalachia Gathering LLC Note Payable

     2,774,471         —     

Other loan — vehicles

     572         4,402   
  

 

 

    

 

 

 

Total debt

$ 112,536,821    $ 109,544,049