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Asset Retirement Obligations (Tables) | 9 Months Ended
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Mar. 31, 2014
Asset Retirement Obligations |
Schedule of reconciliations of the beginning and ending asset retirement obligation balances |
|  | March 31, 2014 |  | June 30, 2013 |
Asset retirement obligations — beginning of period |  | $ | 615,551 |  | $ | 968,677 |
Liabilities sold |  | (48,273 | ) | (439,927 | )
Liabilities incurred |  | — |  | 60,143 |
Liabilities settled |  | (294,152 | ) | (51,086 | )
Accretion of discount |  | 34,977 |  | 72,312 |
Revision of previous estimates |  | 45,172 |  | 5,432 |
Asset retirement obligations due within one year included in “Other current liabilities” |  | (173,084 | ) | — |
Asset retirement obligations — end of period |  | $ | 180,191 |  | $ | 615,551 |

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- Definition Tabular disclosure of the changes in carrying amount of a liability for asset retirement obligations, for changes such as new obligations, changes in estimates of existing obligations, spending on existing obligations, property dispositions, and foreign currency translation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 30 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13201-110859 + Details
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