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Supplemental Disclosure of Cash Flow Information (Tables) | 12 Months Ended
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Jun. 30, 2014
Supplemental Cash Flow Elements [Abstract] |
Schedule of supplemental disclosures of cash flow information |
| June 30,
| 2014 |  | 2013 |  | 2012
Income taxes paid | $ | 755,941 |  |  | $ | 699,874 |  |  | $ | 895,000 |
Non-cash transactions: |  |  |  |  |
Change in accounts payable used to acquire property and equipment | $ | (183,766 | ) |  | $ | (1,535,322 | ) |  | $ | 1,761,633 |
Oil and natural gas property costs attributable to the recognition of asset retirement obligations | $ | 66,976 |  |  | $ | 65,575 |  |  | $ | 93,522 |
Previously acquired Company shares swapped by holders to pay stock option exercise price | $ | 618,606 |  |  | $ | — |  |  | $ | — |

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- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
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