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CONCENTRATIONS, SIGNIFICANT CUSTOMERS, COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2015
Concentrations, Significant Customers, Commitments And Contingencies Disclosure [Abstract]  
Schedule of Concentrations
For the years ended December 31, 2015 and 2014, the Company’s revenues and receivables were comprised of the following customer concentrations:
 
2015
 
2014
 
% of
Revenues
 
% of
Receivables
 
% of
Revenues
 
% of
Receivables
Customer 1
—%
 
—%
 
23%
 
7%
Customer 2
24%
 
11%
 
16%
 
16%
Customer 3
15%
 
2%
 
12%
 
10%
Customer 4
6%
 
—%
 
10%
 
10%
Customer 5
8%
 
16%
 
7%
 
9%
Customer 6
1%
 
16%
 
1%
 
—%
Schedule of Segment Revenues
At December 31, 2015 and 2014, and the years then ended, the Company's segment revenues were comprised of the following customer concentrations:
 
% of Revenue by Segment 2015
 
% of Revenue by Segment 2014
 
Black Oil
 
Refining
 
Recovery
 
Black Oil
 
Refining
 
Recovery
Customer 1
%
 
%
 
1
%
 
99
%
 
%
 
1
%
Customer 2
100
%
 
%
 
%
 
100
%
 
%
 
%
Customer 3
60
%
 
40
%
 
%
 
11
%
 
89
%
 
%
Customer 4
%
 
100
%
 
%
 
%
 
100
%
 
%
Customer 5
%
 
100
%
 
%
 
%
 
100
%
 
%
Customer 6
%
 
%
 
100
%
 
100
%
 
%
 
%
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

 
 
 
 
 
 
 
 
 
Schedule of Operating Leases Rent Expense
Total rent expense for all operating leases for 2015 and 2014 is summarized as follows:
 
2015
 
2014
Office leases
620,219

 
620,219

Plant Leases
3,996,000

 
3,142,000

Vehicle leases
326,476

 
425,026

 
$
4,942,695

 
$
4,187,245

Schedule of Future Minimum Operating Lease Commitments
Minimum future lease commitments as of December 31, 2015, are summarized as follows:
Year ending December 31,
Office Facilities
 
Vehicles
Plant Leases
 
Total
2016
$
595,194

 
$
286,690

$
3,996,000

 
$
4,877,884

2017
530,328

 
233,171

2,514,000

 
3,277,499

2018
467,862

 
115,665

1,132,000

 
1,715,527

2019
467,862

 
57,956


 
525,818

2020
467,862

 


 
467,862

Thereafter
3,900,000

 


 
3,900,000

 
$
6,429,108

 
$
693,482

$
7,642,000

 
$
14,764,590