Annual report pursuant to Section 13 and 15(d)

TRANSPORTATION AND DISTRIBUTION REVENUE (Tables)

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TRANSPORTATION AND DISTRIBUTION REVENUE (Tables)
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Summary of Contract Liability Balance
The table below summarizes the Company's contract liability balance related to its transportation and distribution revenue contracts as of December 31, 2021 and 2020:
Contract Liability(1)
December 31, 2021 December 31, 2020
Beginning Balance January 1 $ 6,104,979  $ 6,850,790 
Unrecognized Performance Obligations 199,405  347,811 
Recognized Performance Obligations (965,020) (1,093,622)
Ending Balance December 31 $ 5,339,364  $ 6,104,979 
(1) The contract liability balance is included in unearned revenue in the Consolidated Balance Sheets.
Schedules of Concentration of Risk
The following is a breakout of the Company's transportation and distribution revenue for the years ended December 31, 2021, 2020 and 2019:
For the Years Ended December 31,
2021 2020 2019
Crude oil transportation revenue 81.5  % —  % —  %
Natural gas transportation contracts 13.1  % 64.3  % 67.8  %
Natural gas distribution contracts 4.1  % 23.9  % 25.5  %
Other 1.3  % 11.8  % 6.7  %