XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Assets (Tables)
9 Months Ended
Mar. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of other assets
As of March 31, 2018 and June 30, 2017, other assets consisted of the following:
 
March 31,
2018
 
June 30,
2017
Royalty rights
$
108,512

 
$
108,512

Less: Accumulated amortization of royalty rights
(30,519
)
 
(20,346
)
Investment in Well Lift Inc., at cost
108,750

 
108,750

Deferred loan costs
168,972

 
168,972

Less: Accumulated amortization of deferred loan costs
(112,704
)
 
(70,504
)
Other assets, net
$
243,011

 
$
295,384