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Deferred Revenue (Tables)
9 Months Ended
Sep. 30, 2013
Revenue Recognition [Abstract]  
Summary of Deferred Revenue

Deferred revenue consisted of the following:

 

     As of  
     September 30,
2013
     December 31,
2012
 

Deferred Oil Exploration Lease Revenue

   $ 3,220,825       $ 665,499   

Prepaid Rent

     725,083         —    

Other Deferred Revenue

     253,675         185,452   
  

 

 

    

 

 

 
   $ 4,199,583       $ 850,951