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Income Taxes (Summary of Deferred Tax Assets and Liabilities) (Details) - USD ($)
Sep. 30, 2016
Sep. 30, 2015
Income Tax Disclosure [Abstract]    
Financial basis in excess of tax basis, principally intangible drilling costs capitalized for financial purposes and expensed for tax purposes $ 33,656,415 $ 41,880,691
Derivative contracts   1,637,987
Total deferred tax liabilities 33,656,415 43,518,678
State net operating loss carry forwards 259,981 323,536
AMT credit carry forwards   164,478
Deferred directors' compensation 1,273,279 1,149,217
Restricted stock expense 494,776 457,934
Derivative contracts 166,597  
Other 785,775 787,506
Total Deferred tax assets 2,980,408 2,882,671
Net deferred tax liabilities $ 30,676,007 $ 40,636,007