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Property and Equipment (Details) (USD $) | Jun. 30, 2012 | Jun. 30, 2011
--- | --- | ---
Property and Equipment |  |
Property and Equipment, Net | $ 40,568,443 | $ 33,516,826
Oil and natural gas properties |  |
Property costs subject to amortization | 40,874,244 | 35,860,517
Less: Accumulated depreciation, depletion, and amortization | (6,440,166) | (5,353,152)
Unproved properties not subject to amortization | 6,042,094 | 2,940,199
Other property and equipment |  |
Furniture, fixtures and office equipment, at cost | 322,514 | 261,340
Less: Accumulated depreciation | (230,243) | (192,078)
Woodford Shale trend |  |
Other property and equipment |  |
Unevaluated acreage included in unproved properties not subject to amortization |  | 2,200,000
Mississippi Lime |  |
Other property and equipment |  |
Unevaluated acreage included in unproved properties not subject to amortization | 6,000,000 |
Delhi Holt Bryant Unit |  |
Other property and equipment |  |
Participating interest included in unproved properties through royalty and overriding royalty interests |  | 700,000
Participating interest of unproved properties through royalty and overriding royalty interests (as a percent) |  | 7.40%
Working interest in properties after payout reversionary working interest (as a percent) |  | 23.90%
Working interest in certain other depths of properties (as a percent) |  | 23.90%
Oil and natural gas properties |  |
Property and Equipment |  |
Property and Equipment, Net | 40,476,172 | 33,447,564
Other Property and Equipment |  |
Property and Equipment |  |
Property and Equipment, Net | $ 92,271 | $ 69,262

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