Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.10.0.1
Property and Equipment
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
PROPERTY AND EQUIPMENT
Property and equipment consist of the following:
Property and Equipment
 
December 31, 2018
 
December 31, 2017
Land
$
580,000

 
$
580,000

Natural gas pipeline
124,306,175

 
124,303,315

Vehicles and trailers
696,164

 
650,634

Office equipment and computers
268,559

 
268,559

Gross property and equipment
$
125,850,898

 
$
125,802,508

Less: accumulated depreciation
(15,969,346
)
 
(12,643,636
)
Net property and equipment
$
109,881,552

 
$
113,158,872


Depreciation expense was $3.4 million for the years ended December 31, 2018, 2017 and 2016, respectively.