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SEGMENT REPORTING
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING
The Company’s reportable segments include the Black Oil, Refining and Marketing and Recovery divisions.  Segment information for the years ended December 31, 2015 and 2014 are as follows:
YEAR ENDED DECEMBER 31, 2015
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
103,890,188

 
$
31,154,066

 
$
11,898,207

 
$
146,942,461

Net loss from operations
 
$
(15,957,969
)
 
$
363,708

 
$
1,501,220

 
$
(14,093,041
)
Total Assets
 
$
88,961,277

 
$
1,845,669

 
$
4,531,742

 
$
95,338,688

 
 
 
 
 
 
 
 
 
YEAR ENDED DECEMBER 31, 2014
 
 
Black Oil
 
Refining and Marketing
 
Recovery
 
Total
Revenues
 
$
170,912,949

 
$
72,695,922

 
$
15,295,996

 
$
258,904,867

Net loss from operations
 
$
(6,524,843
)
 
$
(318,107
)
 
$
(3,651,671
)
 
$
(10,494,621
)
Total Assets
 
$
122,691,362

 
$
4,471,858

 
$
6,659,011

 
$
133,822,231