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v3.3.1.900

Property and Equipment (Details) - USD ($) | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2015 | Dec. 31, 2014 | Jun. 30, 2015
Property, Plant and Equipment [Line Items] |  |  |  |  |
Capital expenditures |  |  | $ (2,442,183) | $ 1,410,420 |
Capital costs charged to expense | $ 1,471,571 | $ 917,757 | 2,689,844 | $ 1,287,107 |
Oil and natural gas properties |  |  |  |  |
Property costs subject to amortization | 64,024,239 |  | 64,024,239 |  | $ 57,718,653
Less: Accumulated depreciation, depletion, and amortization | (14,974,989) |  | (14,974,989) |  | (12,531,767)
Unproved properties not subject to amortization | 0 |  | 0 |  | 0
Oil and natural gas properties, net | 49,049,250 |  | 49,049,250 |  | 45,186,886
Other property and equipment |  |  |  |  |
Other equipment, at cost | 337,245 |  | 337,245 |  | 607,674
Less: Accumulated depreciation | (298,966) |  | (298,966) |  | (330,918)
Other equipment, net | 38,279 |  | $ 38,279 |  | $ 276,756
Artificial lift equipment |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Capital costs charged to expense | 210,392 |  |  |  |
Delhi field |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Capital expenditures | 6,300,000 |  |  |  |
NGL Plant Project |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Capital expenditures | 4,400,000 |  |  |  |
Incurred costs on a cumulative basis | 9,400,000 |  |  |  |
Total authorized commitment | $ 24,600,000 |  |  |  |

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