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Business Segments (Tables)
9 Months Ended
Sep. 30, 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 September 30
    Exploration
and
Production
    Pipeline
Transmission
    Corporate     Total  

Revenue

    2016      $ 2,226,936      $ 24,168      $ —        $ 2,251,104   
    2015      $ 2,662,511      $ 45,845      $ 2,765      $ 2,711,121   

Income (Loss) from operations

    2016        (977,140     26,769        (1,678,877     (2,629,248
    2015        (675,929     22,719        (752,871     (1,406,081

Interest expense

    2016        7,449,447        —          43        7,449,490   
    2015        6,114,306        —          2,708        6,117,014   

Depreciation, depletion, amortization and accretion

    2016        1,754,307        167        8,257        1,762,731   
    2015        961,880        250        17,436        979,566   

Property and equipment acquisitions, including oil and gas properties

    2016        512,575        —          13,303        525,878   
    2015        (79,082     —          —          (79,082
    For the
Nine
Months
Ended September 30
    Exploration
and
Production
    Pipeline
Transmission
    Corporate     Total  

Revenue

    2016      $ 7,575,156      $ 68,194      $ 133      $ 7,643,483   
    2015      $ 10,668,175      $ 129,734      $ 8,679      $ 10,806,588   

Income (Loss) from operations

    2016        (11,197,480     43,674        (3,634,008     (14,787,814
    2015        (4,207,934     74,856        (3,772,411     (7,905,489

Interest expense

    2016        21,469,571        —          2,091        21,471,662   
    2015        12,276,046        —          4,448        12,280,494   

Depreciation, depletion, amortization and accretion

    2016        12,261,293        667        26,875        12,288,835   
    2015        5,313,113        750        57,160        5,371,023   

Property and equipment acquisitions, including oil and gas properties

    2016        (223,820     —          13,303        (210,517
    2015        114,515        —          5,168        119,683   

Total assets, net of intercompany accounts:

         

September 30, 2016

      77,866,823        70,893        —          77,937,716   

December 31, 2015

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