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Business Segments (Tables)
3 Months Ended
Mar. 31, 2016
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
March 31
     Exploration
and
Production
    Pipeline
Transmission
     Corporate     Total  

Revenue

     2016       $ 2,476,706      $ 19,463       $ 133      $ 2,496,302   
     2015       $ 4,385,037      $ 42,716       $ 1,777      $ 4,429,530   

Income (Loss) from operations

     2016         (7,315,451     6,606         (838,745     (8,147,590
     2015         (421,576     29,580         (1,199,320     (1,591,316

Interest expense

     2016         6,890,792        —           1,816        6,892,608   
     2015         3,115,358        —           379        3,115,737   

Depreciation, depletion, amortization and accretion

     2016         7,252,457        250         10,114        7,262,821   
     2015         1,782,313        250         20,267        1,802,830   

Property and equipment acquisitions, including oil and gas properties

     2016         (972,293     —           —          (972,293
     2015         7,108,042        —           2,239        7,110,281   

Total assets, net of intercompany accounts:

            

March 31, 2016

     85,829,266        50,855         —          85,880,121   

December 31, 2015

     93,265,585        47,322         —          93,312,907