Acquisition of Lantern Rigs (Details) |
12 Months Ended | ||||
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Nov. 24, 2014
USD ($)
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Jan. 29, 2014
USD ($)
drilling_rig
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Dec. 31, 2016
USD ($)
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Dec. 31, 2015
USD ($)
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Dec. 31, 2014
USD ($)
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| Business Acquisition [Line Items] | |||||
| Property, plant and equipment | $ 101,529,882 | ||||
| Consideration transferred | $ 183,630,000 | ||||
| Lantern Rigs | |||||
| Business Acquisition [Line Items] | |||||
| Number of drilling rigs acquired | drilling_rig | 5 | ||||
| Consideration transferred | $ 50,557,053 | ||||
| Revenue of acquiree since acquisition date | $ 16,069,976 | $ 24,262,672 | $ 34,698,597 | ||
| Net income (loss) | $ (7,409,865) | $ 609,069 | $ 6,873,499 | ||
| Drilling Rigs | Lantern Rigs | |||||
| Business Acquisition [Line Items] | |||||
| Property, plant and equipment | $ 47,225,000 | ||||
| X | ||||||||||
- Definition Business Acquisition, Number Of Drilling Rigs Acquired No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This element represents the amount of earnings or loss of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of property, plant, and equipment recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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