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Income Taxes - Schedule of Deferred Income Taxes (Details) - USD ($)
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Deferred tax assets:      
Non-qualified stock-based compensation $ 173,647 $ 134,469 $ 774,673
Net operating loss carry-forwards 400,288 427,249 427,249
AMT credit carry-forward [1] 701,254 701,254 502,466
Other 91,113 165,775 28,170
Gross deferred tax assets 1,366,302 1,428,747 1,732,558
Valuation allowance (292,446) (292,446) (292,446)
Total deferred tax assets 1,073,856 1,136,301 1,440,112
Deferred tax liability:      
Oil and natural gas properties (12,233,993) (10,873,949) (9,832,948)
Total deferred tax liability (12,233,993) (10,873,949) (9,832,948)
Net deferred tax liability (11,160,137) $ (9,737,648) $ (8,392,836)
AMT credit carry-forward 901,545    
AMT associated with stock-based compensation $ 200,291    
[1] Total AMT credit carry-forward is $901,545. Our net deferred tax liability does not include $200,291 of AMT credit carry-forward associated with the tax benefit related to stock-based compensation.