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Business Segments
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Business Segments

NOTE 13 — BUSINESS SEGMENTS

Our principal operations consist of exploration and production through Trans Energy, American Shale and Prima, and pipeline transmission with Ritchie County Gathering Systems and Tyler Construction Company.

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

    2015    $ 3,620,627      $ 41,173      $ 4,137      $ 3,665,937   
   2014      8,432,592        22,830        1,303        8,456,725   

(Loss) income from operations

    2015      (3,110,429 )      22,557        (1,820,220 )      (4,908,092 ) 
   2014      2,744,344        (27,472 )      (1,533,174 )      1,183,698   

Interest expense

    2015      3,046,382        —          1,361        3,047,743   
   2014      9,673,862        —          896        9,674,758   

Depreciation, depletion, amortization and accretion

    2015      2,568,920        250        19,457        2,588,627   
   2014      2,248,720        250        —          2,248,970   

Property and equipment acquisitions, including oil and gas properties

    2015      (6,914,445 )      —          2,929        (6,911,516 ) 
   2014      14,021,282        —          2,087        14,023,369   

 

     For the
Six
Months
Ended
June 30		    Exploration
and
Production		     Pipeline
Transmission		      Corporate     Total  

Revenue

    2015    $ 8,005,664      $ 83,889       $ 5,914      $ 8,095,467   
   2014      18,149,015        77,619         6,433        18,233,067   

Income (Loss) from operations

    2015      (3,532,005 )      52,137         (3,019,540 )      (6,499,408 ) 
   2014      7,298,948        28,855         (2,975,862 )      4,351,941   

Interest expense

    2015      6,161,740        —           1,740        6,163,480   
   2014      13,801,363        —           4,588        13,805,951   

Depreciation, depletion, amortization and accretion

    2015      4,351,233        500         39,724        4,391,457   
   2014      4,360,089        606         —          4,360,695   

Property and equipment acquisitions, including oil and gas properties

    2015      193,597        —           5,168        198,765   
   2014      16,008,089        —           2,087        16,010,176   

Total assets, net of intercompany accounts:

             

June 30, 2015

         103,379,424        13,058         —          103,392,482   

December 31, 2014

         111,755,587        13,558         —          111,769,145   

Property and equipment acquisitions include accrued amounts and reclassifications.