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Notes Payable (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2015 and December 31, 2014:

 

     September 30,
2015
     December 31,
2014
 
     (unaudited)      (audited)  

Morgan Stanley Credit Agreement - Morgan Stanley Tranche A and B

     116,371,068         112,500,000   

Morgan Stanley Credit Agreement - Morgan Stanley PIK Fee

     1,639,759         593,750   

Morgan Stanley Credit Agreement - Morgan Stanley NPI

     (2,678,644      (3,554,103

M3 Appalachia Gathering LLC Note Payable

     2,258,089         —     

Other loan — vehicles

     —           4,402   
  

 

 

    

 

 

 

Total debt

   $ 117,590,272       $ 109,544,049