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Income Taxes (Summary of Deferred Tax Assets and Liabilities) (Details) - USD ($)
Sep. 30, 2017
Sep. 30, 2016
Income Tax Disclosure [Abstract]    
Financial basis in excess of tax basis, principally intangible drilling costs capitalized for financial purposes and expensed for tax purposes $ 38,185,387 $ 33,656,415
Derivative contracts 200,786  
Total deferred tax liabilities 38,386,173 33,656,415
State net operating loss carry forwards 655,741 259,981
AMT credit carry forwards 3,499,320  
Deferred directors' compensation 1,295,333 1,273,279
Restricted stock expense 411,019 494,776
Derivative contracts   166,597
Statutory depletion carry forwards 634,405  
Other 839,348 785,775
Total Deferred tax assets 7,335,166 2,980,408
Net deferred tax liabilities $ 31,051,007 $ 30,676,007