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Business Segments
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Business Segments

NOTE 13 — BUSINESS SEGMENTS

Our principal operations consist of exploration and production through Trans Energy, American Shale, 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
September 30		      Exploration
and
Production		     Pipeline
Transmission		     Corporate     Total  

Revenue

      2015       $ 2,662,511      $ 45,845      $ 2,765      $ 2,711,121   
     2014         6,667,618        44,256        63,407        6,775,281   

Income (Loss) from operations

      2015         (675,929 )      22,719        (752,871 )      (1,406,081 ) 
     2014         923,945        (21,715 )      (7,713,446 )      (6,811,216 ) 

Interest expense

      2015         6,114,306        —          2,708        6,117,014   
     2014         3,456,817        —          1,567        3,458,384   

Depreciation, depletion, amortization and accretion

      2015         961,880        250        17,436        979,566   
     2014         2,532,782        250        —          2,533,032   

Property and equipment acquisitions, including oil and gas properties

      2015         (79,082 )      —          —          (79,082 ) 
     2014         8,056,902          6,383        8,063,285   

 

                                                                                                             
     For the
Nine
Months
Ended
September 30		      Exploration
and
Production		     Pipeline
Transmission		      Corporate     Total  

Revenue

      2015       $ 10,668,175      $ 129,734       $ 8,679      $ 10,806,588   
     2014         24,816,633        121,875         69,840        25,008,348   

Income (Loss) from operations

      2015         (4,207,934 )      74,856         (3,772,411 )      (7,905,489 ) 
     2014         8,301,050        7,141         (10,689,310 )      (2,381,119 ) 

Interest expense

      2015         12,276,046        —           4,448        12,280,494   
     2014         17,336,337        —           6,156        17,342,493   

Depreciation, depletion, amortization and accretion

      2015         5,313,113        750         57,160        5,371,023   
     2014         6,814,714        856         —          6,815,570   

Property and equipment acquisitions, including oil and gas properties

      2015         114,515        —           5,168        119,683   
     2014         24,064,991        —           8,470        24,073,461   

Total assets, net of intercompany accounts:

             

September 30, 2015

         101,320,197        65,127           101,385,324   

December 31, 2014

         111,755,587        13,558           11,769,145   

Property and equipment acquisitions include accrued amounts and reclassifications.