Asset Retirement Obligation (Details) - USD ($) |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Dec. 31, 2018 |
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
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| Asset Retirement Obligation Disclosure [Abstract] | ||||
| Decommissioning costs incurred | $ 939,000 | $ 939,000 | ||
| Estimated segment ARO liability | 628,000 | 628,000 | ||
| Loss on settlement of asset retirement obligation | 311,000 | 310,941 | $ 0 | $ 0 |
| Asset Retirement Obligation, Roll Forward Analysis [Roll Forward] | ||||
| Beginning asset retirement obligation | 9,170,493 | 11,882,943 | ||
| Liabilities assumed | 0 | 0 | ||
| ARO accretion expense | 499,562 | 663,065 | ||
| Liabilities settled | (628,300) | 0 | ||
| Revision in cash flow estimates | (1,085,412) | (3,375,515) | ||
| Ending asset retirement obligation | $ 7,956,343 | $ 7,956,343 | $ 9,170,493 | $ 11,882,943 |
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- Definition Asset Retirement Obligation, Estimated Liability No definition available.
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- Definition Gain (Loss) On Asset Retirement Obligations Settled No definition available.
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- Definition The carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of accretion expense recognized during the period that is associated with an asset retirement obligation. Accretion expense measures and incorporates changes due to the passage of time into the carrying amount of the liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of asset retirement obligations incurred during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of asset retirement obligations settled, or otherwise disposed of, during the period. This may include asset retirement obligations transferred to third parties associated with the sale of a long-lived asset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) in the asset retirement obligation from changes in the amount or timing of the estimated cash flows associated with the settlement of the obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Amount of a decommissioning liability associated with a legal obligation that a firm incurs when it constructs or operates an asset that must eventually be withdrawn from active service. This may include operating assets such as nuclear power plants or shipping vessels. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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