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SEGMENT REPORTING
6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING

The Company’s reportable segments include the Black Oil, Refining & Marketing and Recovery divisions.  Segment information for the six months ended June 30, 2014 and 2013 is as follows:
SIX MONTHS ENDED JUNE 30, 2014
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
72,449,922

 
$
38,345,278

 
$
8,634,080

 
$
119,429,280

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
1,137,078

 
$
1,538,784

 
$
(875,530
)
 
$
1,800,332

   
SIX MONTHS ENDED JUNE 30, 2013
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
42,692,716

 
$
23,065,950

 
$
2,607,538

 
$
68,366,204

 
 
 
 
 
 
 
 
 
Income from operations
 
$
784,537

 
$
1,102,197

 
$
1,333,859

 
$
3,220,593


THREE MONTHS ENDED JUNE 30, 2014
 

Black Oil

Refining &
Marketing

Recovery

Total
Revenues

$
48,878,522


$
18,517,819


$
4,683,281


$
72,079,622














Income (loss) from operations

$
1,116,688


$
768,209


$
(1,041,152
)

$
843,745


THREE MONTHS ENDED JUNE 30, 2013
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
19,493,407

 
$
14,234,204

 
$
1,383,791

 
$
35,111,402

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
1,091,268

 
$
963,842

 
$
(46,191
)
 
$
2,008,919