Quarterly report pursuant to Section 13 or 15(d)

Leases (Details 1)

v2.4.0.8
Leases (Details 1) (USD $)
 1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended
Dec. 31, 2012
Sep. 30, 2013
Aug. 31, 2012
Sep. 30, 2013
Aug. 31, 2012
Nov. 30, 2012
Nov. 30, 2011
Sep. 30, 2013
Ultra Petroleum Corporation [Member]
Mar. 31, 2012
Ultra Petroleum Corporation [Member]
Jun. 30, 2012
Ultra Petroleum Corporation [Member]
Sep. 30, 2013
Ultra Petroleum Corporation [Member]
Dec. 31, 2012
Ultra Petroleum Corporation [Member]
Dec. 31, 2012
Pinedale Liquids Gathering System [Member]
Sep. 30, 2013
Pinedale Liquids Gathering System [Member]
Sep. 30, 2013
Real Property [Member]
Pinedale Liquids Gathering System [Member]
Sep. 30, 2013
Land Rights [Member]
Pinedale Liquids Gathering System [Member]
Dec. 20, 2012
Minimum [Member]
Pinedale Liquids Gathering System [Member]
Dec. 20, 2012
Maximum [Member]
Pinedale Liquids Gathering System [Member]
Balance Sheet Related Disclosures [Abstract]                                    
Current assets               $ 96,060     $ 96,060 $ 125,848            
Non-current assets               1,972,896     1,972,896 1,881,497            
Total Assets   284,394,660   284,394,660   111,431,833   2,068,956     2,068,956 2,007,345            
Current liabilities               339,914     339,914 514,092            
Non-current liabilities               2,105,882     2,105,882 2,071,120            
Total Liabilities   80,170,030   80,170,030   12,576,048   2,445,796     2,445,796 2,585,212            
Shareholder's equity 210,842,192 204,224,630   204,224,630   98,855,785 90,426,313 (376,840)     (376,840) (577,867)            
Total Liabilities and Shareholder's Equity   284,394,660   284,394,660   111,431,833   2,068,956     2,068,956 2,007,345            
Income Statement [Abstract]                                    
Revenues   7,574,112 2,565,870 23,295,945 7,719,626     221,205 196,375 592,789 708,207              
Expenses   6,285,711 2,762,123 18,606,836 7,792,879     136,389 763,330 3,012,070 419,387              
Operating Income (Loss)   1,288,401 (196,253) 4,689,109 (73,253)     84,816 (566,955) (2,419,281) 288,820              
Other Income (Expense), net   622,218 7,973,546 1,704,460 20,230,423     (20,525) (35,016) 5,439 (88,863)              
Income (Loss) before income tax provision (benefit)   1,910,619 7,777,293 6,393,569 20,157,170     64,291 (601,971) (2,413,842) 199,957              
Income tax provision (benefit)   1,105,125 2,788,785 2,367,823 7,444,861     381 175 (708,977) 3,240              
Net Income (1,521,743) 805,494 4,988,508 4,025,746 12,712,309 12,348,721   63,910 (602,146) (1,704,865) 196,717              
Settlement date                         Dec. 20, 2012          
Annual rent payment                                 20,000,000 27,500,000
Annual rent escalator                         2.00%          
Deferred lease costs   872,533   872,533   0               873,000        
Deferred costs amortization period                           15 years        
Acquisition costs                           2,600,000        
Estimated useful lives of assets                           26 years        
Fair value of assets acquired                             122,300,000 105,700,000    
Amortiztion expense in year one                               4,100,000    
Amortiztion expense in year two   291,938   291,938                       8,800,000    
Amortiztion expense in year three   72,985   72,985                       8,800,000    
Amortiztion expense in year four                               8,800,000    
Amortiztion expense in year five                               $ 8,800,000