XML 54 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Oil revenues $ 8,496,519 $ 6,516,411
Expenses:    
Direct operating costs 3,102,321 3,671,228
Depreciation, depletion and amortization 1,633,467 1,128,712
Professional fees 1,483,720 1,453,386
Salaries 601,533 502,924
Administrative expense 808,836 960,744
Total expenses 7,629,877 7,716,994
Income (loss) from operations 866,642 (1,200,583)
Other income (expense):    
Interest expense (302,357) (463,021)
Gain (loss) on derivatives 55,708 (409,399)
Other income (expense) 121,127 55,741
Total other income (expense) (125,522) (816,679)
Income before provision for income taxes 741,120 (2,017,262)
Provision for income taxes 0 0
Net income (loss) 741,120 (2,017,262)
Net income (loss) attributed to EnerJex Resources Inc. 345,992 (2,038,622)
Net income (loss) attributed to non-controlling interest in subsidiary 395,128 21,360
Net income (loss) 741,120 (2,017,262)
Net income (loss) attributed to EnerJex Resources Inc. 345,992 (2,038,622)
Preferred dividends (608,459) (56,263)
Net (loss) attributed to EnerJex Resources Inc. common stockholders $ (262,467) $ (2,094,885)
Net Income (loss) per share- basic and diluted $ 0 $ (0.03)
Weighted average shares outstanding 69,714,758 69,029,617