Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Schedule of consolidated statements of operations as discontinued operations

	Three months ended June 30,
	2018			2017
Total revenues	$	3,410,270		$	14,220,423
Total costs and expenses
Operating		2,019,919			11,370,739
Depreciation, depletion and amortization		-			4,320,920
Bad debt expense		-			158,886
Selling, general and administrative		(58,637	)		1,395,687
Interest Expense		1,021,375			2,042,030
Other		232,280			(20,301	)
Total costs and expenses		23,215,477			19,267,962
Pretax income (loss) from discontinued operations		194,793			(5,047,539	)
Gain on disposal of assets		21,778,559			(841	)
(Provision) benefit for income taxes		-			(122,905	)
Income (loss) from discontinued operations	$	21,973,353		$	(5,169,603	)

	Six months ended June 30,
	2018			2017
Total revenues	$	17,811,595		$	25,125,490
Total costs and expenses
Operating		12,393,313			18,358,125
Depreciation, depletion and amortization		-			7,356,344
Bad debt expense		40,089			337,374
Selling, general and administrative		2,100,643			3,521,530
Interest Expense		3,618,990			3,544,995
Other		(268	)		(76,459	)
Total costs and expenses		18,152,767			33,041,068
Pretax income (loss) from discontinued operations		(341,172	)		(7,916,420	)
Gain on disposal of assets		21,778,559			(841	)
(Provision) benefit for income taxes		-			(224,518	)
Income (loss) from discontinued operations	$	21,437,388		$	(8,140,097	)

Schedule of depreciation, amortization, accretion, and capital expenditures for discontinued operations

	Three Months Ended June 30,
	2018		2017
Depreciation and amortization	$	2,678,000	$	4,356,000
Accretion expense		117,000		113,000
Capital expenditures	$	-	$	5,131,000

	Six Months Ended June 30,
	2018		2017
Depreciation and amortization	$	2,678,000	$	7,356,000
Accretion expense		117,000		169,000
Capital expenditures	$	2,557,000	$	6,531,000

Schedule of non-cash operating and investing activities related to discontinued operations

	Three Months Ended June 30,
	2018		2017
Note payable incurred for acquisition	$	-	$	4,400,000
Common stock issued for acquisition		-		12,500,000
Property, plant and equipment additions financed by notes payable and capital leases	$	-	$	32,000

	Six Months Ended June 30,
	2018		2017
Note payable incurred for acquisition	$	3,692,000	$	38,500,000
Common stock issued for acquisition		-		13,700,000
Property, plant and equipment additions financed by notes payable and capital leases	$	577,194	$	6,600,000