Current report filing

Operating Segments (Details)

v3.8.0.1
Operating Segments (Details)
 3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2017
USD ($)
segment
Dec. 31, 2016
USD ($)
Mar. 31, 2016
USD ($)
Oct. 12, 2016
USD ($)
Dec. 31, 2016
USD ($)
Dec. 30, 2016
segment
Segment Reporting Information [Line Items]            
Number of reportable segments | segment 5         4
Revenue from external customers $ 30,463,945   $ 29,518,227      
Revenue from related parties 44,502,076   3,064,632      
Cost of revenue 58,497,986   32,391,176      
Selling, general and administrative expenses 6,736,798   3,613,874      
Earnings before interest, other expense taxes and depreciation and amortization 9,731,237   (3,422,191)      
Other (income) expense [1] 184,146   990      
Interest expense [1] 397,184   1,296,356      
Depreciation and amortization [1] 17,237,251   17,751,072      
Income tax provision [1] (3,106,065)   894,360      
Net loss (4,981,279) [1],[2] $ (56,322,878) (23,364,969) [1],[2] $ (32,085,117) $ (4,044,833)  
Total expenditures for property, plant and equipment 31,109,692   539,922      
Goodwill 88,726,875 [3] 88,726,875 [3] 88,726,875   88,726,875 [3]  
Intangible assets, net 19,299,079 21,566,829 28,370,079   21,566,829  
Total Assets 515,422,495 [3] $ 502,362,475 [3] 515,086,846   $ 502,362,475 [3]  
Pressure Pumping Services            
Segment Reporting Information [Line Items]            
Revenue from external customers 8,691,647   12,294,529      
Revenue from related parties 31,760,906   0      
Cost of revenue 28,707,440   11,531,886      
Selling, general and administrative expenses 1,774,926   526,175      
Earnings before interest, other expense taxes and depreciation and amortization 9,970,187   236,468      
Other (income) expense 2,631   (19,208)      
Interest expense 128,444   237,055      
Depreciation and amortization 9,157,893   8,955,217      
Income tax provision 0   0      
Net loss 681,219   (8,936,596)      
Total expenditures for property, plant and equipment 28,665,309   30,695      
Goodwill 86,043,148   86,043,148      
Intangible assets, net 19,174,183   28,217,683      
Total Assets 228,631,538   197,948,317      
Well Services            
Segment Reporting Information [Line Items]            
Revenue from external customers 3,190,132   2,698,592      
Revenue from related parties 152,895   0      
Cost of revenue 3,799,776   3,927,709      
Selling, general and administrative expenses 972,405   573,296      
Earnings before interest, other expense taxes and depreciation and amortization (1,429,154)   (1,802,413)      
Other (income) expense 1,182   9,400      
Interest expense (105,902)   98,319      
Depreciation and amortization 1,208,241   1,397,507      
Income tax provision (3,691,532)   0      
Net loss 1,158,857   (3,307,639)      
Total expenditures for property, plant and equipment 0   0      
Goodwill 0   0      
Intangible assets, net 124,896   152,396      
Total Assets 47,104,529   60,191,891      
Sand            
Segment Reporting Information [Line Items]            
Revenue from external customers 3,372,063   1,281,745      
Revenue from related parties 11,540,419   1,918,078      
Cost of revenue 12,607,265   6,180,754      
Selling, general and administrative expenses 2,057,553   601,267      
Earnings before interest, other expense taxes and depreciation and amortization 247,664   (3,582,198)      
Other (income) expense 14,207   19,182      
Interest expense 132,639   104,461      
Depreciation and amortization 1,362,965   1,368,517      
Income tax provision 0   0      
Net loss (1,262,147)   (5,074,358)      
Total expenditures for property, plant and equipment 174,513   97,425      
Goodwill 2,683,727   2,683,727      
Intangible assets, net 0   0      
Total Assets 111,028,954   111,084,330      
Drilling            
Segment Reporting Information [Line Items]            
Revenue from external customers 9,703,397   5,257,738      
Revenue from related parties 1,047,592   1,145,999      
Cost of revenue 10,953,423   7,208,657      
Selling, general and administrative expenses 1,295,024   1,302,473      
Earnings before interest, other expense taxes and depreciation and amortization (1,497,458)   (2,107,393)      
Other (income) expense 163,785   (10,074)      
Interest expense 217,182   852,574      
Depreciation and amortization 4,968,628   5,507,381      
Income tax provision 0   0      
Net loss (6,847,053)   (8,457,274)      
Total expenditures for property, plant and equipment 2,269,277   264,171      
Goodwill 0   0      
Intangible assets, net 0   0      
Total Assets 97,838,858   110,148,572      
Other Energy Services            
Segment Reporting Information [Line Items]            
Revenue from external customers 5,506,706   7,985,623      
Revenue from related parties 264   555      
Cost of revenue 2,430,082   3,542,170      
Selling, general and administrative expenses 636,890   610,663      
Earnings before interest, other expense taxes and depreciation and amortization 2,439,998   3,833,345      
Other (income) expense 2,341   1,690      
Interest expense 24,821   3,947      
Depreciation and amortization 539,524   522,450      
Income tax provision 585,467   894,360      
Net loss 1,287,845   2,410,898      
Total expenditures for property, plant and equipment 593   147,631      
Goodwill 0   0      
Intangible assets, net 0   0      
Total Assets $ 30,818,616   $ 35,713,736      
[1] Financial information has been recast to include the financial position and results attributable to Sturgeon. See Note 12.
[2] Financial information has been recast to include the financial position and results attributable to Sturgeon. See Note 12.
[3] Financial information has been recast to include the financial position and results attributable to Sturgeon Acquisitions LLC ("Sturgeon"). See Note 12.