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Property and Equipment
6 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and Equipment
 
As of December 31, 2018 and June 30, 2018, our oil and natural gas properties and other property and equipment consisted of the following:
 
December 31,
2018
 
June 30,
2018
Oil and natural gas properties
 

 
 

Property costs subject to amortization
$
94,378,924

 
$
90,392,918

Less: Accumulated depreciation, depletion, and amortization
(32,241,235
)
 
(29,153,172
)
Unproved properties not subject to amortization

 

Oil and natural gas properties, net
$
62,137,689

 
$
61,239,746

Other property and equipment
 

 
 

Furniture, fixtures, office equipment and other, at cost
$
145,289

 
$
143,223

Less: Accumulated depreciation
(121,102
)
 
(112,816
)
Other property and equipment, net
$
24,187

 
$
30,407


 
During the six months ended December 31, 2018 and 2017, the Company incurred capital expenditures of $4.0 million and $1.4 million, respectively, in the Delhi field.