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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
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