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Asset Retirement Obligation (Tables)

12 Months Ended

Dec. 31, 2012

Asset Retirement Obligation [Abstract]

Changes in Asset Retirement Obligations [Table Text Block]

The following shows the changes in asset retirement obligations:

Asset retirement obligations, January 1, 2011		$	883,066
Liabilities incurred during the period			297,800
Liabilities settled during the period			(359,513	)
Accretion			87,437
Asset retirement obligations, December 31, 2011			908,790
Liabilities incurred during the period			347,018
Liabilities settled during the year			(1,427	)
Accretion			81,770
Asset retirement obligations, December 31, 2012		$	1,336,151

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- Definition

Tabular disclosure of the changes in carrying amount of a liability for asset retirement obligations, for changes such as new obligations, changes in estimates of existing obligations, spending on existing obligations, property dispositions, and foreign currency translation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 410

-SubTopic 30

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13201-110859

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