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Income Taxes (Details 2) (USD $)
Sep. 30, 2012
Sep. 30, 2011
Deferred tax liabilities:    
Financial basis in excess of tax basis, principally intangible drilling costs capitalized for financial purposes and expensed for tax purposes $ 30,320,765 $ 26,939,720
Derivative contracts    84,001
Total deferred tax liabilities 30,320,765 27,023,721
Deferred tax assets:    
State net operating loss carry forwards, net of valuation allowance of $0 in 2012 and $31,000 in 2011 1,008,271 1,130,732
AMT credit carry forwards 1,189,053  
Deferred directors' compensation 990,455 986,340
Statutory depletion carry forwards 415,958  
Other 130,021 121,899
Total Deferred tax assets 3,733,758 2,238,971
Net deferred tax liabilities $ 26,587,007 $ 24,784,750