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Property and Equipment | 12 Months Ended
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Jun. 30, 2017
Property, Plant and Equipment [Abstract] |
Property and Equipment | Property and Equipment As of June 30, 2017 and 2016, our oil and natural gas properties and other property and equipment consisted of the following:
| June 30, 2017 |  | June 30, 2016
Oil and natural gas properties |  |  |
Property costs subject to amortization | $ | 84,962,933 |  |  | $ | 77,408,353 |
Less: Accumulated depreciation, depletion, and amortization | (23,172,865 | ) |  | (17,437,890 | )
Unproved properties not subject to amortization | — |  |  | — |
Oil and natural gas properties, net | 61,790,068 |  |  | 59,970,463 |
Other property and equipment |  |  |
Furniture, fixtures, office equipment and other, at cost | 135,377 |  |  | 235,752 |
Less: Accumulated depreciation | (94,688 | ) |  | (207,103 | )
Other property and equipment, net | $ | 40,689 |  |  | $ | 28,649 |
As of June 30, 2017 and 2016, all oil and gas property costs were being amortized. During the year ended June 30, 2017, the Company incurred capital expenditures of $7.1 million for the Delhi field, including approximately $4.8 million for the NGL plant project. We have incurred approximately $26.3 million on a cumulative basis for the NGL plant.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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