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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 7,887,315 $ 1,117,303
Receivables, net 361,550 47,578
Prepaid and other current assets 836,037 638,100
Total Current Assets 9,084,902 1,802,981
Property, plant and equipment, at cost:    
Property, plant and equipment 96,415,388 96,407,310
Less accumulated depreciation, depletion and impairment (65,780,634) (65,566,411)
Net property, plant and equipment 30,634,754 30,840,899
Restricted cash 4,010,968 4,010,937
Total Assets 43,730,624 36,654,817
Current Liabilities:    
Accounts payable 754,272 1,243,169
Accrued liabilities 1,337,767 1,775,491
Current portion of asset retirement obligations 203,553  
Current portion of capital leases 6,491 10,543
Total Current Liabilities 2,302,083 3,029,203
Asset retirement obligations, net of current portion 3,839,102 3,833,608
Derivative liability - convertible loan 3,811,876 2,169,408
Convertible loan, related party 3,885,197 1,024,715
Other long-term liabilities and deferred credits 1,350,000 1,350,000
Long-term capital leases, less current portion   4,495
Total Liabilities 15,188,258 11,411,429
Commitments and Contingencies      
Stockholders' Equity:    
Common stock, 200,000,000 shares authorized, $.001 par value;25,167,846 and 19,820,258 shares issued and outstanding, respectively 25,172 19,824
Paid-in capital 230,579,521 216,703,028
Accumulated deficit (202,052,909) (191,470,046)
Less: Treasury stock (3,813 shares), at cost (9,418) (9,418)
Total Stockholders' Equity 28,542,366 25,243,388
Total Liabilities and Stockholders' Equity $ 43,730,624 $ 36,654,817