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Oil and Gas Costs | 12 Months Ended
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Mar. 31, 2014
Extractive Industries [Abstract] |
Oil and Gas Costs | 10. Oil and Gas Costs The costs related to the Company's oil and gas activities were incurred as follows for the year ended March 31:
|  | 2014 |  |  | 2013 |  |  | 2012 |
Property acquisition costs: |  |  |  |  |  |  |  |  |
Proved |  | $ | 785,144 |  |  | $ | 20,542 |  |  | $ | 368,444 |
Unproved |  |  | - |  |  |  | - |  |  |  | - |
Exploration |  |  | 9,641 |  |  |  | 15,715 |  |  |  | 9,910 |
Development |  |  | 1,152,986 |  |  |  | 1,265,126 |  |  |  | 1,455,993 |
Capitalized asset retirement obligations |  |  | 134,113 |  |  |  | 114,003 |  |  |  | 53,468 |
Total costs incurred for oil and gas properties |  | $ | 2,081,884 |  |  | $ | 1,415,386 |  |  | $ | 1,887,815 |
The Company had the following aggregate capitalized costs relating to its oil and gas property activities at March 31:
|  | 2014 |  |  | 2013 |  |  | 2012 |
Proved oil and gas properties |  | $ | 35,386,751 |  |  | $ | 34,138,841 |  |  | $ | 31,669,572 |
Unproved oil and gas properties: |  |  |  |  |  |  |  |  |  |  |  |
subject to amortization |  |  | 73,990 |  |  |  | 170,487 |  |  |  | 170,487 |
not subject to amortization |  |  | - |  |  |  | - |  |  |  | - |
|  |  | 35,460,741 |  |  |  | 34,309,328 |  |  |  | 31,840,059 |
Less accumulated DD&A |  |  | 18,395,619 |  |  |  | 17,249,803 |  |  |  | 16,154,203 |
|  | $ | 17,065,122 |  |  | $ | 17,059,525 |  |  | $ | 15,685,856 |
DD&A amounted to $2.18, $2.03 and $1.94 per mcfe of production for the years ended March 31, 2014, 2013 and 2012, respectively.

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- Definition Tabular disclosure of the aggregate of costs (whether the costs are capitalized or charged to expense at the time they are incurred ) incurred for the year in oil and gas property acquisition, exploration and development activities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6392692&loc=d3e7535-110849 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 55 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=34713648&loc=d3e63042-109448 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62059-109447 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62038-109447 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62014-109447 + Details
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