Quarterly report pursuant to Section 13 or 15(d)

Leases (Details 1)

v2.4.0.8
Leases (Details 1) (USD $)
 3 Months Ended 6 Months Ended 12 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended 3 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Dec. 31, 2012
Jun. 30, 2014
Ultra Petroleum Corporation [Member]
Jun. 30, 2013
Ultra Petroleum Corporation [Member]
Jun. 30, 2014
Ultra Petroleum Corporation [Member]
Jun. 30, 2012
Ultra Petroleum Corporation [Member]
Dec. 31, 2013
Ultra Petroleum Corporation [Member]
Dec. 31, 2012
Pinedale Liquids Gathering System [Member]
Jun. 30, 2014
Pinedale Liquids Gathering System [Member]
Jun. 30, 2014
Real Property [Member]
Pinedale Liquids Gathering System [Member]
Jun. 30, 2014
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             $ 144,778   $ 144,778   $ 128,631            
Non-current assets             2,813,355   2,813,355   2,656,688            
Total Assets 327,826,769   327,826,769   283,875,659   2,958,133   2,958,133   2,785,319            
Current liabilities             497,704   497,704   407,476            
Liabilities, Noncurrent             2,583,954   2,583,954   2,709,333            
Total Liabilities 79,653,551   79,653,551   78,334,289   3,081,658   3,081,658   3,116,809            
Shareholder's equity 248,173,218   248,173,218   205,541,370 210,842,192 (123,525)   (123,525)   (331,490)            
Total Liabilities and Equity 327,826,769   327,826,769   283,875,659   2,958,133   2,958,133   2,785,319            
Income Statement [Abstract]                                  
Revenues 9,019,012 7,568,016 19,066,569 15,721,833     296,063 261,376 622,361 487,003              
Expenses 6,153,744 5,967,747 13,663,776 12,321,125     150,850 143,002 305,680 282,996              
Operating Income (Loss) 2,865,268 1,600,269 5,402,793 3,400,708     145,213 118,374 316,681 204,007              
Other Income (Expense), net 1,270,654 (935,550) 1,742,915 1,082,242     (39,708) (506) (109,459) (68,337)              
Income (Loss) before income tax provision (benefit) 4,135,922 664,719 7,145,708 4,482,950     105,505 117,868 207,222 135,670              
Income tax provision (benefit) 742,879 241,754 1,256,392 1,262,698     (544) 1,491 (541) 2,859              
Net Income 3,393,043 422,965 5,889,316 3,220,252 5,969,106   106,049 116,377 207,763 132,811              
Settlement date                       Dec. 20, 2012          
Annual rent payment                               20,000,000 27,500,000
Annual rent escalator                       2.00%          
Increase in rent                       76,000          
Deferred lease costs 826,507   826,507   857,190               827,000        
Deferred costs amortization period                         15 years        
deferred amortization cost on lease 15,000 15,000 31,000 31,000                          
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 72,985   72,985                       4,100,000    
Amortiztion expense in year three                             4,100,000    
Amortiztion expense in year four                             4,100,000    
Amortiztion expense in year five                             $ 4,100,000