Income Taxes	9 Months Ended
Sep. 30, 2014
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES For the nine months ended September 30, 2014, the Company's net income tax expense was $1,647,000 compared to a net income tax expense of $1,752,000 for the nine months ended September 30, 2013. These represent effective income tax rates of approximately 31% and 24% for the nine months ended September 30, 2014 and, 2013, respectively. The effective tax rate for the first nine months of 2014 is based on forecasted annual pre-tax income for 2014 and lower estimated oil depletion allowances as a result of the decrease in oil revenues compared to the same period in 2013. As of September 30, 2014, our balance sheet reflects an income tax receivable of $1,530,000, which is included in prepaid expenses and other current assets. For September 30, 2013, we had an income tax payable of $835,000. The Company classifies interest and penalties incurred on tax payments as income tax expenses. During the first nine months ended September 30, 2014, the Company had $13,600 income tax payments for the 2014 tax year.

Income Taxes

9 Months Ended

Sep. 30, 2014

INCOME TAXES

For the nine months ended September 30, 2014, the Company's net income tax expense was $1,647,000 compared to a net income tax expense of $1,752,000 for the nine months ended September 30, 2013. These represent effective income tax rates of approximately 31% and 24% for the nine months ended September 30, 2014 and, 2013, respectively. The effective tax rate for the first nine months of 2014 is based on forecasted annual pre-tax income for 2014 and lower estimated oil depletion allowances as a result of the decrease in oil revenues compared to the same period in 2013. As of September 30, 2014, our balance sheet reflects an income tax receivable of $1,530,000, which is included in prepaid expenses and other current assets. For September 30, 2013, we had an income tax payable of $835,000.

The Company classifies interest and penalties incurred on tax payments as income tax expenses. During the first nine months ended September 30, 2014, the Company had $13,600 income tax payments for the 2014 tax year.