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SEGMENT REPORTING
 3 Months Ended
Mar. 31, 2017
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 three months ended March 31, 2017 and 2016 is as follows:


THREE MONTHS ENDED MARCH 31, 2017
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
24,804,083

 
$
5,394,041

 
$
4,572,490

 
$
34,770,614

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(2,670,103
)
 
$
15,706

 
$
(106,440
)
 
$
(2,760,837
)

THREE MONTHS ENDED MARCH 31, 2016
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
10,133,494

 
$
2,626,455

 
$
1,372,655

 
$
14,132,604

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(6,983,184
)
 
$
(276,304
)
 
$
(117,983
)
 
$
(7,377,471
)