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SEGMENT REPORTING
 9 Months Ended
Sep. 30, 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 and nine months ended September 30, 2017 and 2016 is as follows:


THREE MONTHS ENDED SEPTEMBER 30, 2017
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
25,358,317

 
$
4,856,520

 
$
2,255,614

 
$
32,470,451

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(2,463,457
)
 
$
(708,175
)
 
$
(137,390
)
 
$
(3,309,022
)


THREE MONTHS ENDED SEPTEMBER 30, 2016
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
22,907,235

 
$
4,436,111

 
$
1,118,584

 
$
28,461,930

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(404,396
)
 
$
173,121

 
$
(354,749
)
 
$
(586,024
)


NINE MONTHS ENDED SEPTEMBER 30, 2017
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
77,546,802

 
$
15,436,919

 
$
11,170,123

 
$
104,153,844

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(6,511,277
)
 
$
(940,476
)
 
$
(196,853
)
 
$
(7,648,606
)

NINE MONTHS ENDED SEPTEMBER 30, 2016
 
 
Black Oil
 
Refining &
Marketing
 
Recovery
 
Total
Revenues
 
$
52,877,119

 
$
9,986,047

 
$
4,159,812

 
$
67,022,978

 
 
 
 
 
 
 
 
 
Income (loss) from operations
 
$
(8,199,842
)
 
$
(55,847
)
 
$
(715,973
)
 
$
(8,971,662
)