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Business Segments (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [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

   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