Glori Energy (GLRI) 10-Q 12 Nov 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Nov. 10, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'Glori Energy Inc.	'
Trading Symbol	'GLRI	'
Entity Central Index Key	'0001597131	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	31,499,303

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$32,654	$20,867
Accounts receivable, less allowance for doubtful accounts of $80 and $40 as of December 31, 2013 and September 30, 2014, respectively	2,269	307
Prepaid expenses and other current assets	200	71
Inventory	36	24
Commodity derivative contracts	181	0
Total current assets	35,340	21,269
Property and equipment:	'	'
Proved oil and gas properties - successful efforts	45,270	3,141
Other property and equipment	5,721	4,892
Total property and equipment and proved oil and gas properties, gross	50,991	8,033
Less: accumulated depreciation, depletion and amortization	-7,990	-5,223
Total property and equipment and proved oil and gas properties, net	43,001	2,810
Deferred offering costs	0	378
Deferred loan costs	603	162
Total assets	78,944	24,619
Current liabilities:	'	'
Accounts payable	1,345	534
Deferred revenues	857	1,753
Accrued expenses	1,674	417
Current portion of long-term debt	3,355	3,499
Total current liabilities	7,231	6,203
Long-term liabilities:	'	'
Long-term debt, less current portion	17,052	1,771
Other long-term liabilities	1,854	449
Total long-term liabilities	18,906	2,220
Total liabilities	26,137	8,423
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Common stock, $.0001 par value, 100,000,000 shares authorized, 22,450,688 and 31,499,303 shares issued and outstanding as of December 31, 2013 and September 30, 2014, respectively	3	2
Additional paid-in capital	105,319	61,609
Accumulated deficit	-52,515	-45,415
Total stockholders' equity	52,807	16,196
Total liabilities and stockholders' equity	$78,944	$24,619

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Allowance for doubtful accounts	$40	$80
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	31,499,303	22,450,688
Common stock, shares outstanding	31,499,303	22,450,688

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenues:	'	'	'	'
Oil and gas revenues	$4,103	$184	$8,489	$455
Service revenues	1,355	591	3,527	1,979
Total revenues	5,458	775	12,016	2,434
Operating expenses:	'	'	'	'
Oil and gas operations	3,088	512	7,309	1,634
Service operations	657	542	2,715	1,703
Science and technology	449	386	1,166	1,158
Selling, general and administrative	1,572	934	4,204	3,088
Depreciation, depletion and amortization of property and equipment	1,325	167	2,931	466
Total operating expenses	7,091	2,541	18,325	8,049
(Loss) income from operations	-1,633	-1,766	-6,309	-5,615
Other (expense) income:	'	'	'	'
Interest expense	-705	-232	-2,309	-750
Gain on change in fair value of warrants	0	1,183	2,454	1,183
Gain (loss) on commodity derivatives	2,027	0	-764	0
Other (expense) income	6	-10	21	-25
Total other (expense) income, net	1,328	941	-598	408
Net loss before taxes on income	-305	-825	-6,907	-5,207
Income tax expense	51	0	193	0
Net income (loss)	($356)	($825)	($7,100)	($5,207)
Net loss per common share, basic and diluted	($0.01)	($0.73)	($0.25)	($4.76)
Weighted average common shares outstanding, basic and diluted	31,475	1,136	27,975	1,093

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Stockholders' Equity (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
In Thousands, except Share data, unless otherwise specified
Beginning balance at Dec. 31, 2013	$16,196	$2	$61,609	($45,415)
Beginning balance (in shares) at Dec. 31, 2013	22,450,688	22,450,688	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'
Stock based compensation	232	'	232	'
Issuance, repurchase and cancellation of common shares	-30	'	-30	'
Change in fair value of warrant liability	-2,454	'	-2,454	'
Share issuance	5,049	0	5,049	'
Share issuance (in shares)	'	1,133,869	'	'
Recapitalization due to merger	34,726	1	34,725	'
Recapitalization due to merger (in shares)	'	6,658,449	'	'
Debt conversion to common stock	2,000	'	2,000	'
Debt conversion to common stock (in shares)	'	250,000	'	'
Warrants exchanged for common shares (in shares)	'	583,010	'	'
Warrant and stock option exercises	4,188	'	4,188	'
Warrant and stock option exercises (in shares)	'	423,287	'	'
Net loss	-7,100	'	'	-7,100
Ending balance at Sep. 30, 2014	$52,807	$3	$105,319	($52,515)
Ending balance (in shares) at Sep. 30, 2014	31,499,303	31,499,303	'	'

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Net loss	'	'
Net loss	($7,100)	($5,207)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Depreciation, depletion and amortization of property and equipment	2,931	466
Stock-based compensation	232	534
Amortization of deferred loan costs	326	127
Accretion of end-of-term charge	72	72
Loss on disposal of property and equipment	0	25
Gain on change in fair value of warrant liabilities	-2,454	-1,183
Accretion of discount on long-term debt	50	50
Loss on change in fair value of commodity derivatives	362	0
Changes in operating assets and liabilities:	'	'
Accounts receivable	-1,985	38
Prepaid expenses	-129	-17
Inventory	-12	15
Accounts payable	409	-9
Deferred revenues	-896	521
Accrued expenses	1,041	-222
Net cash used in operating activities	-7,153	-4,790
Cash flows from investing activities:	'	'
Purchase of proved oil and gas property	-41,048	0
Purchase of other property and equipment	-643	-447
Net cash used in investing activities	-41,691	-447
Cash flows from financing activities:	'	'
Proceeds from issuance of common stock, preferred stock and preferred warrants	5,019	11,703
Proceeds from issuance of long-term debt	24,035	0
Proceeds from exercise of warrants and stock options	4,188	0
Proceeds from merger with Infinity Corp. including private placement of common stock	38,441	0
Payments for deferred offering costs	-3,337	-79
Payments for deferred loan costs	-767	-36
Payments on long-term debt	-6,948	-1,785
Net cash provided by financing activities	60,631	9,803
Net increase in cash and cash equivalents	11,787	4,566
Cash and cash equivalents, beginning of period	20,867	18,707
Cash and cash equivalents, end of period	32,654	23,273
Non-cash financing and investing activities:	'	'
Contribution of capital equal to fair value of derivative due to termination of derivative liability	0	2,329
Fair value of preferred stock and preferred warrants in excess of proceeds	0	-1,938
Asset retirement obligation assumed	885	0
Supplemental cash flow information:	'	'
Interest paid	$1,397	$573

Organization_Nature_of_Busines

Organization, Nature of Business and Liquidity	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization, Nature of Business and Liquidity	'
	ORGANIZATION, NATURE OF BUSINESS AND LIQUIDITY
	Glori Energy Technology Inc., a Delaware corporation (formerly Glori Energy Inc.)("GETI"), was incorporated in November 2005 (as successor in interest to Glori Oil LLC) to increase production and recovery from mature oil wells using state of the art biotechnology solutions.
	In October 2007, GETI formed Glori Oil (Argentina) Limited, a Delaware corporation, as a wholly-owned subsidiary, to conduct research in Argentina. In April and May 2008, GETI formed Glori Oil S.R.L. which was owned by Glori Oil (Argentina) Limited (97%) and Glori Energy Inc. (3%) and domiciled in Argentina to conduct GETI’s Argentinian operations.
	Management has undertaken the dissolution of Glori Oil S.R.L. and is awaiting confirmation on the effectiveness of the dissolution. During the nine months ended September 30, 2013 and September 30, 2014, the Company derived no revenues from this subsidiary and as of December 31, 2013 and September 30, 2014, the subsidiary had no assets. Management does not anticipate significant expenses for any remaining dissolution efforts.
	In September 2010, GETI incorporated Glori Canada Ltd. (formerly Glori Oil Ltd.) in the province of Alberta, Canada, with registration in the province of Saskatchewan, as a wholly-owned subsidiary, to conduct GETI’s business operations in Canada.
	In October 2010, GETI activated a previously dormant wholly-owned subsidiary, Glori Holdings Inc. (formerly Glori Oil Holdings Company), to acquire a 100% working interest in a leasehold in Kansas, the Etzold Field, in exchange for the assumption of the asset retirement obligation (the plugging and abandonment liability) of the existing wells on the leasehold and an overriding royalty interest. In September 2012, GETI acquired a 100% working interest in an adjacent property, in exchange for the assumption of the asset retirement obligation, cash and an overriding royalty interest.
	In February 2011, GETI incorporated Glori California Inc. (formerly Glori Oil California Limited) to conduct operations in the state of California.
	In September 2013, GETI incorporated OOO Glori Energy in Russia as a first step toward investigating potential projects in that country.
	In January 2014, GETI entered into a merger and share exchange agreement with Infinity Cross Border Acquisition Corporation ("INXB") and certain of its affiliates, Glori Acquisition Corp., Glori Merger Subsidiary, Inc., and Infinity-C.S.V.C. Management Ltd., an INXB representative. On April 14, 2014, the merger and share exchange agreement was closed and the merger was consummated. As a result of this transaction, Infinity Cross Border Acquisition Corporation merged with and into Glori Acquisition Corp., with Glori Acquisition Corp. surviving the merger. Following that merger, Glori Merger Subsidiary, Inc. merged with and into GETI, with GETI surviving the merger. Following both of these mergers, GETI became the wholly-owned subsidiary of Glori Acquisition Corp., and Glori Acquisition Corp. adopted the name "Glori Energy Inc."
	In March 2014, GETI incorporated Glori Energy Production Inc., a wholly-owned subsidiary of Glori Holdings Inc. to purchase the Coke Field Assets (see NOTE 4) and incur the associated acquisition debt.
	Glori Energy Inc., GETI, Glori Oil (Argentina) Limited, Glori Oil S.R.L., Glori Canada Ltd., Glori Holdings Inc., Glori California Inc., OOO Glori Energy and Glori Energy Production Inc. are collectively referred to as the “Company”, "Glori", "Glori Energy", "we", "us", and "our" in the condensed consolidated financial statements.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation
	We have prepared the condensed consolidated financial statements included herein pursuant to the rules and regulations of the U.S. Securities and Exchange Commission. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to these rules and regulations. In the opinion of management, these condensed consolidated financial statements contain all adjustments necessary to present fairly the Company’s condensed consolidated balance sheets as of December 31, 2013 and September 30, 2014 (unaudited), condensed consolidated statements of operations for the three and nine months ending September 30, 2013 and 2014 (unaudited), condensed consolidated statement of stockholders’ equity for the nine months ended September 30, 2014 (unaudited) and condensed consolidated statements of cash flows for the nine months ended September 30, 2013 and 2014 (unaudited). All such adjustments represent normal recurring items. The financial information contained in this report for the three and nine months ended September 30, 2013 and 2014, and as of September 30, 2014, is unaudited. These consolidated financial statements should be read in conjunction with the consolidated financial statements as of and for the year ended December 31, 2013 and the notes thereto.
	Principles of Consolidation
	The accompanying consolidated financial statements include the accounts of Glori Energy Inc. and its wholly-owned subsidiaries. Intercompany balances and transactions have been eliminated in consolidation.
	Use of Estimates
	The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.
	Reclassificiations
	Certain 2013 amounts related to oil and gas revenues, service revenues, oil and gas operations, service operations and depreciation, depletion and amortization have been reclassified for comparative purposes.

Merger_with_Infinity_Cross_Bor

Merger with Infinity Cross Border Acquisition Corporation	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Merger with Infinity Cross Border Acquisition Corporation	'
	MERGER WITH INFINITY CROSS BORDER ACQUISITION CORPORATION
	On January 8, 2014, GETI executed a merger and share exchange agreement (the "Merger") with Infinity Cross Border Acquisition Corporation (“Infinity Corp.” - a special purpose acquisition company or blank check company publicly traded on NASDAQ) and certain of its affiliates. On April 14, 2014, the Merger was consummated. Pursuant to the terms of the Merger, in exchange for all of GETI's outstanding shares and warrants, Infinity Corp. issued 23,584,557 shares of common stock on a pro rata basis to the stockholders and warrant holders of GETI. GETI obtained effective control of Infinity Corp. subsequent to the Merger and thus the Merger was accounted as a reverse acquisition and recapitalization of GETI in accordance with ASC 805 - Business Combinations. Subsequent to the Merger, the GETI shareholders retained a substantial majority of voting interest and positions on the Board of Directors. Additionally GETI's management is retained and GETI's operations comprise the ongoing operations post-Merger.
	In the condensed consolidated financial statements, the number of shares of common stock attributable to the Company is reflected retroactive to December 31, 2013 to facilitate comparability on the balance sheet and statement of stockholders' equity. Accordingly, the number of shares of common stock presented as outstanding as of December 31, 2013 totals 22,450,688 which represents the number of common shares that were received for pre-Merger GETI preferred stock, common stock and warrants as of December 31, 2013.
	The following table (in thousands, except share amounts) presents the condensed consolidated statements of temporary equity and stockholders' equity as if the Merger had occurred on December 31, 2013. The beginning balances as of December 31, 2013, shown in the table below, represent the Company's pre-Merger temporary equity and stockholders' equity previously stated as of December 31, 2013. The balances as of December 31, 2013, as converted, represent the post-Merger stockholders' equity received in exchange for the pre-Merger temporary equity and stockholders' equity at December 31, 2013.
		Temporary equity - convertible redeemable preferred stock																							Stockholders' equity
		(Unaudited)																							(Unaudited)
																						Total								Additional						Total
		Series A Preferred					Series B Preferred					Series C Preferred					Series C-1 Preferred					temporary			Common stock					paid-in			Accumulated			stockholders'
		Shares		Amount			Shares		Amount			Shares		Amount			Shares		Amount			equity			Shares		Par value			capital			deficit			equity
	Balances as of December 31, 2013	475,541		$	13,762		2,901,052		$	31,900		7,296,607		$	29,773		4,462,968		$	3,234		$	78,669		3,295,771		$	1		$	—		$	(76,379	)	$	(76,378	)
	Reversal of pre Merger temporary equity	(475,541	)	(13,762		)	(2,901,052	)	(31,900		)	(7,296,607	)	(29,773		)	(4,462,968	)	(3,234		)	$	(78,669	)	—		—			—			78,669			78,669
	Reversal of pre-Merger common shares	—		—			—		—			—		—			—		—			—			(3,295,771	)	(1		)	1			—			—
	Reclassification of pre- Merger warrants from liability to additional paid-in capital	—		—			—		—			—		—			—		—			—			—		—			13,905			—			13,905
	Conversion of pre-Merger shares to post-Merger shares	—		—			—		—			—		—			—		—			—			22,450,688		2			(2		)	—			—
	Segregate historical accumulated deficit from additional paid-in capital	—		—			—		—			—		—			—		—			—			—		—			47,705			(47,705		)	—
	Balances as of December 31, 2013, as converted	—		$	—		—		$	—		—		$	—		—		$	—		$	—		22,450,688		$	2		$	61,609		$	(45,415	)	$	16,196
	Not shown in the above table is the pre-Merger issuance by GETI of 1,842,028 C-2 preferred shares and 1,640,924 C-2 preferred warrants for net proceeds of $5,049,000 on March 13, 2014. These shares and warrants were exchanged for 1,133,869 shares of common stock in the Merger.
	The following table shows the number of common stock of the Company issued and outstanding related to the consummation of the Merger:
					Number of Shares
					(Unaudited)
	Ordinary shares issued to Infinity Corp. founder shareholders				1,437,500
	Ordinary shares issued to Infinity Corp. shareholders				5,750,000
	Less: Ordinary shares redeemed				(2,351,533	)
	Ordinary shares issued underwriter for UPO warrant conversion				100,000
	Ordinary shares issued for PIPE Investment (excluding Petro-Hunt portion of the PIPE Investment)				812,500
	Ordinary shares issued for PIPE Investment (Petro-Hunt portion of PIPE Investment)				250,000
	Ordinary shares issued for the optional PIPE Investment				909,982
	Ordinary shares issued to Glori Energy Inc. shareholders				23,584,557
					30,493,006
	In connection with the Merger, the Company received approximately $24.7 million, net of certain expenses and fees, and approximately $13.7 million in cash from the private placement of 1,722,482 shares of common stock at $8.00 per share from Infinity Group, Hicks Equity Partners LLC and other investors. All of GETI’s previously outstanding common shares, preferred shares and warrants were exchanged for 23,584,557 common shares in the newly merged entity, and accordingly, the Company no longer has liabilities for the fair value of such warrants and temporary equity previously reported in the Company's consolidated balance sheets. Additionally on April 14, 2014 Petro-Hunt exercised their option to convert their $2.0 million convertible note from the Company to common shares at $8.00 per share or 250,000 shares (see NOTE 7).
	In addition to the common stock issued in the Merger, the Company has 5,321,700 warrants outstanding at September 30, 2014 to purchase common stock of the Company at a per share price of $10.

Property_and_Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
Property and Equipment	'
	PROPERTY AND EQUIPMENT
	Property and equipment consists of the following (in thousands):
		December 31, 2013			September 30, 2014
					(Unaudited)
	Proved oil and gas properties - successful efforts	$	3,141		$	45,270
	Construction in progress	902			816
	Laboratory and warehouse facility	591			591
	Laboratory and field service equipment	2,968			2,975
	Office equipment, computer equipment, vehicles and other	431			1,339
		8,033			50,991
	Less:  accumulated depreciation, depletion and amortization	(5,223		)	(7,990		)
	Total property and equipment, net	$	2,810		$	43,001
	Depreciation and amortization expense was $112,000, depletion expense was $52,000 and accretion expense related to the asset retirement obligation was $3,000 for the three months ended September 30, 2013. Depreciation and amortization expense was $117,000, depletion expense was $1,199,000 and accretion expense related to the asset retirement obligation was $9,000 for the three months ended September 30, 2014. For the nine months ended September 30, 2013 depreciation and amortization expense was $318,000, depletion expense was $138,000 and accretion expense related to the asset retirement obligation was $10,000. Depreciation and amortization expense was $352,000, depletion expense was $2,458,000 and accretion expense related to the asset retirement obligation was $121,000 for the nine months ended September 30, 2014.
	On March 14, 2014, a subsidiary of the Company, Glori Energy Production Inc., acquired certain oil, gas and mineral leases in Wood County Texas (the “Coke Field Assets”) from Petro-Hunt L.L.C. (“Petro-Hunt”) for (i) $38.0 million in cash and a $2.0 million convertible note payable (see NOTE 7) to Petro-Hunt, subject to certain purchase price adjustments primarily for net revenues in excess of direct operating expenses of the property from January 1, 2014 through the closing date, March 14, 2014, and (ii) the assumption of the asset retirement obligation related to plugging and abandoning the Coke Field Assets.
	The Company has included revenues and expenses related to the Coke Field Assets for the period from March 15 through September 30, 2014 in the condensed consolidated statement of operations for the nine months ended September 30, 2014. For this period, the revenues and net loss attributable to the Coke Field Assets were $8,138,000 and $251,000, respectively. The net loss includes a $764,000 loss on commodity derivatives related to the Company's volume based production price swaps (see NOTE 6).
	Of the total $39.2 million purchase price of the Coke Field Assets, the Company recognized at approximate fair value assets such as office equipment and trucks of $310,000 and items such as tubular stock of $327,000 included in other property and equipment on the Company’s condensed consolidated balance sheet. The remaining purchase price balance was allocated to proved oil and gas properties in property and equipment on the Company’s condensed consolidated balance sheet. Also included in proved oil and gas properties, the Company recognized an asset associated with the asset retirement obligation (plugging and abandonment of wells) of $745,000 and an offsetting liability included in other long-term liabilities on the Company’s condensed consolidated balance sheet.
	In September 2014, the Company purchased additional oil, gas and mineral leases adjacent to the Coke Field Assets (the "Southwest Operating Assets"). The Company purchased the Southwest Operating Assets for $2,000,000 and assumed an asset retirement obligation of an estimated $140,000.
	The following summary presents unaudited pro forma information for the Company for the three and nine months ended September 30, 2013 and 2014, as if the Coke Field acquisition had been consummated at January 1, 2013 and 2014, respectively (in thousands, except per share amounts):
		For the Three Months Ended September 30,
		2013			2014
		(Unaudited)
	Total revenues	$	5,327		$	5,458
	Net loss	(1,058		)	(356		)
	Net loss per common share, basic and diluted	$	(0.93	)	$	(0.01	)
	Weighted average shares outstanding:
	Basic	1,136			31,475
	Diluted	1,136			31,475
		For the Nine Months Ended September 30,
		2013			2014
		(Unaudited)
	Total revenues	$	14,601		14,831
	Net loss	(6,527		)	(6,609		)
	Net loss per common share, basic and diluted	$	(5.97	)	$	(0.24	)
	Weighted average shares outstanding:
	Basic	1,093			27,975
	Diluted	1,093			27,975

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	FAIR VALUE MEASUREMENTS
	FASB standards define fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standard also establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:
	Level 1 – Quoted prices in active markets for identical assets or liabilities.
	Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; or other inputs that are observable or can be corroborated by observable market data.
	Level 3 – Unobservable inputs that are supported by little or no market activity and that are financial instruments whose values are determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant judgment or estimation.
	If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument.
	The following table summarizes the financial liabilities measured at fair value, on a recurring basis as of  September 30, 2014 (in thousands):
		Fair value measurements using
		Level 1		Level 2		Level 3		Total
		(Unaudited)
	September 30, 2014
	Commodity derivative (current asset)	$	—	$	181	$	—	$	181
	Commodity derivative (other long-term liabilities)	—		543		—		543
	The Level 2 instruments presented in the table above consists of derivative instruments made up of commodity price swaps. The fair values of the Company's commodity derivative instruments are based upon the NYMEX futures value of oil compared to the contracted per barrel rate to be received. The Company records a liability associated with the futures contracts when the futures price of oil is greater than the contracted per barrel rate to be received and an asset when the futures price of oil is less than the contracted per barrel rate to be received.

Derivative_Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments	'
	DERIVATIVE INSTRUMENTS
	The Company utilizes derivative financial instruments to manage risks related to changes in oil prices. The Company is currently engaged in oil commodity price swaps where a fixed price is received from the counterparty for a portion of the Company's oil production. In return the Company pays a floating price based upon NYMEX oil prices. Although these arrangements are designed to reduce the downside risk of a decline in oil prices on the covered production, they conversely limit potential income from increases in oil prices and expose the Company to the credit risk of counterparties. The Company manages the default risk of counterparties by engaging in these agreements with only high credit quality multinational energy companies and through the continuous monitoring of their performance.
	As of September 30, 2014, the Company had the following open positions on outstanding commodity derivative contracts:
	Period	Volume/Month (Bbls)			Price/Unit		Fair Value - Asset (Liability)
	(Unaudited)
	October 2014 - March 2015	8,400			$	94.11	229,000
	April 2015 - March 2016	7,300			$	86.5	(58,000	)
	April 2016 - March 2017	6,550			$	82.46	(244,000	)
	April 2017 - March 2018	5,800			$	80.53	(289,000	)
	The Company has not elected to designate any of these as derivative contracts for hedge accounting. Accordingly, the derivative contracts are carried at fair value on the condensed consolidated balance sheet as assets or liabilities. For each reporting period the contracts are marked-to-market and the resulting unrealized changes in the fair value of the assets and liabilities are recognized on the condensed consolidated statements of operations. The payables and receivables resulting from the closed derivative contracts result in realized gains and losses recorded on the Company's condensed consolidated statements of operations. The unrealized and realized gains and losses on derivative instruments are recognized in the gain (loss) on commodity derivatives line item located in other (expense) income.
	The following tables summarize the unrealized and realized gain (loss) on commodity derivatives:
			Three Months Ended September 30,
			2014
			(Unaudited)
	Unrealized gain on commodity derivatives		$	2,206,000
	Realized loss on commodity derivatives		(179,000		)
			$	2,027,000
			Nine Months Ended September 30,
			2014
			(Unaudited)
	Unrealized loss on commodity derivatives		$	(362,000	)
	Realized loss on commodity derivatives		(402,000		)
			$	(764,000	)

Long_Term_Debt

Long Term Debt	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Long Term Debt	'
	LONG TERM DEBT
	On June 11, 2012, the Company entered into a secured term promissory note in the amount of $8.0 million. The note contains a 10.0% annual interest rate subject to increase based upon an increase in the prime rate. The loan is secured by substantially all assets of the Company with the exception of the Coke Field Assets. The lender also received a warrant to purchase shares of the Company’s stock which was exchanged for 18,208 common shares upon consummation of the Merger. Equal monthly principal payments are due over 27 months beginning in April 2013 through June 2015 plus an end of term charge of $280,000. As of December 31, 2013 and September 30, 2014, the ratable liability for the end of term charge was $144,000 and $216,000, respectively, and it is included in accrued expenses in current liabilities on the accompanying 2014 condensed consolidated balance sheet. The loan agreement contains covenants which place restrictions on the incurrence of debt, liens and capital expenditures. As of September 30, 2014 the outstanding loan balance is $2,622,000. The Company is in compliance with all the covenants as of September 30, 2014.
	On March 14, 2014 in connection with the closing of the acquisition of the Coke Field Assets, the Company entered into two financing agreements of $18.0 million and $4.0 million in order to fund a portion of the $38.0 million in cash required for the acquisition.
	The $18.0 million note is a senior secured term loan facility of Glori Energy Production Inc. and is secured by the Coke Field Assets and shares of common stock. The loan has a three year term bearing interest at 11.0% per annum, subject to increase upon a LIBOR rate increase above 1%. The credit agreement requires quarterly principal payments equal to 50% of the excess cash flows, as defined, from the Coke Field Assets during the first year and 75% thereafter subject to a minimum quarterly principal payment of $112,500 plus interest. The loan was funded net of closing costs of 2%, or $360,000, which is included in deferred loan costs on the condensed consolidated balance sheets and will be amortized over the loan term. The loan agreement contains covenants which place restrictions on Glori Energy Production’s ability to incur additional debt, incur other liens, make other investments, capital expenditures and the sale of assets. Glori Energy Production is also required to maintain certain financial ratios related to leverage, working capital and proved reserves, all as defined in the loan agreement. As of September 30, 2014 the outstanding loan balance is $17,734,000. Glori Energy Production is in compliance with all covenants as of September 30, 2014.
	The $4.0 million note has a two year term bearing interest at 12.0% per annum and is secured by the assets of the Company but is subordinated to existing Company debt. The loan was funded net of closing costs of 2%, or $80,000, which is included in deferred loan costs on the condensed consolidated balance sheets and will be amortized over the loan term. The $4.0 million note principal and a $400,000 prepayment penalty plus accrued interest was paid in full on May 13, 2014 and the remaining related deferred loan costs were expensed.
	On March 14, 2014, in connection with the purchase of the Coke Field Assets, a subsidiary of the Company, Glori Energy Production, issued to Petro-Hunt an unsecured, subordinated convertible promissory note for $2.0 million bearing interest at 6.0% per annum. On April 14, 2014 the note was converted into 250,000 shares of post-Merger common stock.
	Maturities on long-term debt during the next three years are as follows (in thousands):
	Year ending September 30,	Amount
		(Unaudited)
	2015	$	3,355
	2016	473
	2017	16,579
		$	20,407

Loss_Per_Share

Loss Per Share	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Loss Per Share	'
	LOSS PER SHARE
	The Company follows current guidance for share-based payments which are considered as participating securities. Share-based payment awards that contain non-forfeitable rights to dividends, whether paid or unpaid, are designated as participating securities and are included in the computation of basic earnings per share. However, in periods of net loss, participating securities other than common stock are not included in the calculation of basic loss per share because there is not a contractual obligation for owners of these securities to share in the Company’s losses, and the effect of their inclusion would be anti-dilutive.
	The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):
		Three Months Ended September 30,							Nine Months Ended September 30,
		2013				2014			2013			2014
		(Unaudited)							(Unaudited)
	Numerator:
	Net loss	$	(825	)		$	(356	)	$	(5,207	)	$	(7,100	)
	Denominator:
	Weighted-average common shares outstanding - basic	1,136				31,475			1,093			27,975
	Effect of dilutive securities	—				—			—			—
	Weighted-average common shares - diluted	1,136				31,475			1,093			27,975
	Net loss per common share - basic and diluted	$	(0.73	)		$	(0.01	)	$	(4.76	)	$	(0.25	)
	The following weighted-average securities outstanding during the three and nine months ended September 30, 2013 and 2014 were not included in the calculation of diluted shares outstanding as they would have been anti-dilutive (in thousands):
		Three Months Ended September 30,						Nine Months Ended September 30,
		2013			2014			2013		2014
		(Unaudited)						(Unaudited)
	Common stock warrants	—			5,517			—		4,752
	Common stock options	2,021			2,307			1,841		2,315

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	INCOME TAXES
	At December 31, 2013 and September 30, 2014, the Company has net operating loss carryforwards for federal income tax reporting purposes of approximately $31.4 million and $41.8 million, respectively, which will begin to expire in the year 2025, and tax credits of approximately $367,000 which will begin to expire in 2027. The NOL carry forward has been reduced by approximately $5.4 million because management estimates such amount of the loss carry forwards will expire due to limitations from changes in control.
	The Company has recorded valuation allowances against the Company's deferred tax assets. The effective tax rate for the three and nine months ended September 30, 2013 and 2014 varies from the statutory rate primarily due to the effect of the valuation allowance. For the three and nine months ended September 30, 2014 the Company had income tax expense of $51,000 and $193,000, respectively due to current taxes on foreign income.
	As of December 31, 2013 and September 30, 2014, the Company had an uncertain tax position related to not filing Form 926 Return by a U.S. Transferor of Property to a Foreign Corporation in the amount of approximately $31,000 for the tax years 2010 and 2011. This form would have reported cash transfers to support the operations of its subsidiary Glori Oil S.R.L. The Company has amended these returns and believes any liability will be abated; accordingly, the Company has not recognized any liability in the accompanying consolidated financial statements. The Company does not expect a material change to the consolidated financial statements related to uncertain tax positions in the next 12 months. The Company recognizes interest and penalties accrued related to unrecognized tax benefits in income tax expense.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	COMMITMENTS AND CONTINGENCIES
	Litigation
	From time to time, the Company may be subject to legal proceedings and claims that arise in the ordinary course of business. The Company is not a party to any material litigation or proceedings and is not aware of any material litigation or proceedings, pending or threatened against it.
	Commitments
	The Company leases two adjacent buildings in Houston, Texas and a warehouse facility in Gull Lake, Saskatchewan under operating leases. The Company's original Houston building lease which contains office space, warehouse space and a laboratory expires in May 2017 and is leased for $10,586 per month. The Company's second Houston facility, which contains office and warehouse space, is leased for $8,415 per month and has a lease expiration date of May 2015. The Company has vacated this facility and will not renew the lease upon expiration. The Saskatchewan warehouse is a month-to-month lease which rents for $1,000 per month and is cancelable with 30 days’ notice.
	In addition to the facility lease commitments, the Company also has various other commitments such as technology hardware and support and software commitments.
	Approximate minimum future rental payments under these noncancelable operating leases as of September 30, 2014 are as follows (in thousands):
		Year Ending September 30,
		(Unaudited)
	2015	$	204
	2016	129
	2017	85
		$	418
	Total rent expense was approximately $60,000 and $74,000 for the three months ended September 30, 2013 and September 30, 2014, respectively, and $156,000 and $217,000 for the nine months ended September 30, 2013 and September 30, 2014, respectively.
	The Company signed a lease for office space subsequent to September 30, 2014 which is not included in the table above (see NOTE 13).

StockBased_Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock-Based Compensation	'
	STOCK-BASED COMPENSATION
	Stock Incentive Plan
	As a result of the Merger with Infinity Corp. which was consummated on April 14, 2014, the issued and outstanding stock options were canceled and reissued as stock options in the newly merged entity at a conversion ratio of 2.9 to 1.0 of pre-Merger stock options to post-Merger stock options. The exercise price of the Glori stock options also increased by the same factor of 2.9. All option disclosures in the note below are shown as converted using these factors.
	As of December 31, 2013 the total common stock available for issuance pursuant to the Glori Oil Limited 2006 Stock Option and Grant Plan (the “Plan”) was 2,581,190, as converted. As of April 14, 2014 the plan was amended such that no further options would be issued. Options are issued at an exercise price equal to the fair market value of the Company’s common stock at the grant date. Generally, the options vest 25 percent after 1 year, and thereafter ratably each month over the following 36 months, and may be exercised for a period of 10 years subject to vesting.
	The Company has computed the fair value of all options granted during the year ended December 31, 2013 and nine months ended September 30, 2014, using the following assumptions:
		Year ended		Nine months ended September 30,
		December 31,
		2013		2014
				(Unaudited)
	Risk-free interest rate	2.23	%	2.44	%
	Expected volatility	55	%	55	%
	Expected dividend yield	—		—
	Expected life (in years)	7.09		7
	Expected forfeiture rate	—		—
	The following table summarizes the activity of the Company’s plan related to stock options:
		Number		Weighted		Weighted
		of options		average		average
				exercise		remaining
				price per share		contractual
						term (years)
	Outstanding as of December 31, 2013, as converted	2,322,180		$	0.81	7.7
	Awarded (unaudited)	7,103		$	1.16
	Exercised (unaudited)	(9,397	)	$	1.16
	Forfeited or Expired (unaudited) (1)	(16,864	)	$	1.16
	Outstanding as of September 30, 2014 (unaudited)	2,303,022		$	0.82	7
	Exercisable as of December 31, 2013	1,887,568		$	0.75	7.5
	Exercisable as of September 30, 2014 (unaudited) (2)	2,049,188		$	0.78	6.8
	-1	Management considers the circumstances generating these forfeitures to be unusual and nonrecurring in nature; accordingly, no allowance for forfeitures of options to purchase shares has been considered in determining future vesting or expense.
	-2	The employee options shown as exercisable are subject to a one year lock up agreement pursuant to the terms of the Merger whereby these options, although fully vested, cannot be exercised until April 15, 2015, the day after the first anniversary of the Merger.
	The total intrinsic value of options exercised for the three months ended September 30, 2013 and September 30, 2014 was $0 and $40,000, respectively. The total intrinsic value of options exercised for the nine months ended September 30, 2013 and September 30, 2014 was $74,000 and $70,000, respectively. The aggregate intrinsic value of options outstanding and exercisable as of December 31, 2013 and September 30, 2014 is $782,000 and $14,590,000, respectively. The total fair value of options vested during the three months ended September 30, 2013 and September 30, 2014 was $106,000 and $77,000. The total fair value of options which vested during the nine months ended September 30, 2013 and September 30, 2014 was $583,000 and $236,000, respectively.
	Stock-based compensation expense is included primarily in selling, general and administrative expense and was $87,000 and $78,000 for the three months ended September 30, 2013 and September 30, 2014, respectively. Stock-based compensation expense was $534,000 and $232,000 for the nine months ended September 30, 2013 and September 30, 2014, respectively. The Company has future unrecognized compensation expense for nonvested shares at September 30, 2014 of $311,000 with a weighted average vesting period of 1.7 years.

Segment_Information

Segment Information	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Segment Information	'
	SEGMENT INFORMATION
	The Company generates revenues through the production and sale of oil and natural gas (the “Oil and Gas Segment”) and through the Company’s AERO services provided to third party oil companies (the “AERO Services Segment”).
	The Oil and Gas Segment produces and develops the Company’s acquired oil and natural gas interests. The revenues derived from the segment are from sales to the first purchaser. The Company uses two such arrangements, one for the Etzold Field located in Seward County, Kansas and another for the Coke and Quitman Fields located in Wood County, Texas.
	The AERO Services Segment derives revenues from external customers by providing the Company’s biotechnology solution of enhanced oil recovery through a two-step process consisting of (1) the Analysis Phase and (2) the Field Deployment Phase.
	The Analysis Phase work is a reservoir screening process whereby the Company obtains field samples and evaluates the Company’s potential for AERO Services Segment success. This process is performed at the Company’s Houston laboratory facilities. The Science and Technology expenses shown on the Company’s condensed consolidated statements of operations are the expenses that are directly attributable to the Analysis Phase and expenses associated with the Company’s on-going research and development of its technology.
	In the Field Deployment Phase the Company deploys skid mounted injection equipment used to inject nutrient solution in the oil reservoir. The work in this phase is performed in oil fields of customers located in the United States and internationally and in the Company’s own oil fields. The service operations expense shown on the Company’s condensed consolidated statements of operations are the expenses that are directly attributable to the Field Deployment Phase.
	Earnings of industry segments exclude income taxes, interest income, interest expense and unallocated corporate expenses.
	Although the AERO Services Segment provides enhanced oil recovery services to the Oil and Gas Segment, the Company does not utilize intercompany charges. The direct costs of the services such as the injection solution, transportation of the solution and expenses associated with the injection are charged directly to the Oil and Gas Segment. All of the AERO Services Segment capital expenditures and depreciation associated with injection equipment is viewed as part of the AERO Services Segment.
	The following table sets forth the operating segments of the Company and the associated revenues and expenses (in thousands):
		Oil and Gas (1)			AERO Services			Corporate			Total
		(Unaudited)
	Three months ended September 30, 2013
	Revenues	$	184		$	591		$	—		$	775
	Total operating expenses	512			542			1,320			2,374
	Depreciation, depletion and amortization	56			101			10			167
	Loss from operations	(384		)	(52		)	(1,330		)	(1,766		)
	Other income, net	—			—			941			941
	Net loss	$	(384	)	$	(52	)	$	(389	)	$	(825	)
		Oil and Gas (1)			AERO Services			Corporate			Total
		(Unaudited)
	Three months ended September 30, 2014
	Revenues	$	4,103		$	1,355		$	—		$	5,458
	Total operating expenses	3,088			657			2,021			5,766
	Depreciation, depletion and amortization	1,245			73			7			1,325
	(Loss) income from operations	(230		)	625			(2,028		)	(1,633		)
	Other income (expense), net	2,027			—			(699		)	1,328
	Income tax expense	—			—			51			51
	Net income (loss)	$	1,797		$	625		$	(2,778	)	$	(356	)
	-1	The oil and gas revenues for the three months ended September 30, 2014 includes direct revenues of $4,030,000, operating expenses (including severance taxes) of $2,294,000, depreciation, depletion and amortization of $1,177,000 and gain on commodity derivatives of $2,206,000 related to the Coke Field Assets and Southwest Operating Assets which are not included in the three months ended September 30, 2013. Total operating expenses for the Oil and Gas segment also includes expenses for our Etzold Field greenfield lab in Kansas and the compensation expense for our acquisitions and production professional staff and their related expenses in connection with identifying and analyzing potential acquisitions and managing our oil and gas assets.
		Oil and Gas (1)			AERO Services			Corporate			Total
		(Unaudited)
	Nine months ended September 30, 2013
	Revenues	$	455		$	1,979		$	—		$	2,434
	Total operating expenses	1,634			1,703			4,246			7,583
	Depreciation, depletion and amortization	149			287			30			466
	Loss from operations	(1,328		)	(11		)	(4,276		)	(5,615		)
	Other income, net	—			—			408			408
	Net loss	$	(1,328	)	$	(11	)	$	(3,868	)	$	(5,207	)
		Oil and Gas (1)			AERO Services			Corporate			Total
		(Unaudited)
	Nine months ended September 30, 2014
	Revenues	$	8,489		$	3,527		$	—		$	12,016
	Total operating expenses	7,309			2,715			5,370			15,394
	Depreciation, depletion and amortization	2,645			263			23			2,931
	(Loss) income from operations	(1,465		)	549			(5,393		)	(6,309		)
	Other (expense) income, net	(764		)	—			166			(598		)
	Income tax expense	—			—			193			193
	Net (loss) income	$	(2,229	)	$	549		$	(5,420	)	$	(7,100	)
	-1	The oil and gas revenues for the nine months ended September 30, 2014 includes six months and sixteen days of direct revenues of $8,138,000, operating expenses (including severance taxes) of $5,264,000, depreciation, depletion and amortization of $2,361,000 and loss on commodity derivatives of $764,000 related to the Coke Field Assets and Southwest Operating Assets which are not included in the nine months ended September 30, 2013. Total operating expenses for the Oil and Gas segment also includes expenses for our Etzold Field greenfield lab in Kansas and the compensation expense for our acquisitions and production professional staff and their related expenses in connection with identifying and analyzing potential acquisitions and managing our oil and gas assets.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	SUBSEQUENT EVENTS
	On October 2, 2014, the Company executed and commenced a two-year lease agreement for 7,805 square feet of office space in Houston's Westchase District for $18,498 per month. The Company has a one-year extension option at a 4% increase in rent and two one-year extension options at a mutually agreed upon market rate with the lessor.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	We have prepared the condensed consolidated financial statements included herein pursuant to the rules and regulations of the U.S. Securities and Exchange Commission. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to these rules and regulations. In the opinion of management, these condensed consolidated financial statements contain all adjustments necessary to present fairly the Company’s condensed consolidated balance sheets as of December 31, 2013 and September 30, 2014 (unaudited), condensed consolidated statements of operations for the three and nine months ending September 30, 2013 and 2014 (unaudited), condensed consolidated statement of stockholders’ equity for the nine months ended September 30, 2014 (unaudited) and condensed consolidated statements of cash flows for the nine months ended September 30, 2013 and 2014 (unaudited). All such adjustments represent normal recurring items. The financial information contained in this report for the three and nine months ended September 30, 2013 and 2014, and as of September 30, 2014, is unaudited. These consolidated financial statements should be read in conjunction with the consolidated financial statements as of and for the year ended December 31, 2013 and the notes thereto.
Principles of Consolidation	'
	Principles of Consolidation
	The accompanying consolidated financial statements include the accounts of Glori Energy Inc. and its wholly-owned subsidiaries. Intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	'
	Use of Estimates
	The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

Merger_with_Infinity_Cross_Bor1

Merger with Infinity Cross Border Acquisition Corporation (Tables)	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Summary of Temporary Equity and Stockholders' Equity	'
	The following table (in thousands, except share amounts) presents the condensed consolidated statements of temporary equity and stockholders' equity as if the Merger had occurred on December 31, 2013. The beginning balances as of December 31, 2013, shown in the table below, represent the Company's pre-Merger temporary equity and stockholders' equity previously stated as of December 31, 2013. The balances as of December 31, 2013, as converted, represent the post-Merger stockholders' equity received in exchange for the pre-Merger temporary equity and stockholders' equity at December 31, 2013.
		Temporary equity - convertible redeemable preferred stock																							Stockholders' equity
		(Unaudited)																							(Unaudited)
																						Total								Additional						Total
		Series A Preferred					Series B Preferred					Series C Preferred					Series C-1 Preferred					temporary			Common stock					paid-in			Accumulated			stockholders'
		Shares		Amount			Shares		Amount			Shares		Amount			Shares		Amount			equity			Shares		Par value			capital			deficit			equity
	Balances as of December 31, 2013	475,541		$	13,762		2,901,052		$	31,900		7,296,607		$	29,773		4,462,968		$	3,234		$	78,669		3,295,771		$	1		$	—		$	(76,379	)	$	(76,378	)
	Reversal of pre Merger temporary equity	(475,541	)	(13,762		)	(2,901,052	)	(31,900		)	(7,296,607	)	(29,773		)	(4,462,968	)	(3,234		)	$	(78,669	)	—		—			—			78,669			78,669
	Reversal of pre-Merger common shares	—		—			—		—			—		—			—		—			—			(3,295,771	)	(1		)	1			—			—
	Reclassification of pre- Merger warrants from liability to additional paid-in capital	—		—			—		—			—		—			—		—			—			—		—			13,905			—			13,905
	Conversion of pre-Merger shares to post-Merger shares	—		—			—		—			—		—			—		—			—			22,450,688		2			(2		)	—			—
	Segregate historical accumulated deficit from additional paid-in capital	—		—			—		—			—		—			—		—			—			—		—			47,705			(47,705		)	—
	Balances as of December 31, 2013, as converted	—		$	—		—		$	—		—		$	—		—		$	—		$	—		22,450,688		$	2		$	61,609		$	(45,415	)	$	16,196
Summary of Common Stock Issued and Outstanding	'
	The following table shows the number of common stock of the Company issued and outstanding related to the consummation of the Merger:
					Number of Shares
					(Unaudited)
	Ordinary shares issued to Infinity Corp. founder shareholders				1,437,500
	Ordinary shares issued to Infinity Corp. shareholders				5,750,000
	Less: Ordinary shares redeemed				(2,351,533	)
	Ordinary shares issued underwriter for UPO warrant conversion				100,000
	Ordinary shares issued for PIPE Investment (excluding Petro-Hunt portion of the PIPE Investment)				812,500
	Ordinary shares issued for PIPE Investment (Petro-Hunt portion of PIPE Investment)				250,000
	Ordinary shares issued for the optional PIPE Investment				909,982
	Ordinary shares issued to Glori Energy Inc. shareholders				23,584,557
					30,493,006

Property_and_Equipment_Tables

Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment	'
	Property and equipment consists of the following (in thousands):
		December 31, 2013			September 30, 2014
					(Unaudited)
	Proved oil and gas properties - successful efforts	$	3,141		$	45,270
	Construction in progress	902			816
	Laboratory and warehouse facility	591			591
	Laboratory and field service equipment	2,968			2,975
	Office equipment, computer equipment, vehicles and other	431			1,339
		8,033			50,991
	Less:  accumulated depreciation, depletion and amortization	(5,223		)	(7,990		)
	Total property and equipment, net	$	2,810		$	43,001
Business Acquisition, Pro Forma Information	'
	The following summary presents unaudited pro forma information for the Company for the three and nine months ended September 30, 2013 and 2014, as if the Coke Field acquisition had been consummated at January 1, 2013 and 2014, respectively (in thousands, except per share amounts):
		For the Three Months Ended September 30,
		2013			2014
		(Unaudited)
	Total revenues	$	5,327		$	5,458
	Net loss	(1,058		)	(356		)
	Net loss per common share, basic and diluted	$	(0.93	)	$	(0.01	)
	Weighted average shares outstanding:
	Basic	1,136			31,475
	Diluted	1,136			31,475
		For the Nine Months Ended September 30,
		2013			2014
		(Unaudited)
	Total revenues	$	14,601		14,831
	Net loss	(6,527		)	(6,609		)
	Net loss per common share, basic and diluted	$	(5.97	)	$	(0.24	)
	Weighted average shares outstanding:
	Basic	1,093			27,975
	Diluted	1,093			27,975

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Summary of financial liabilities measured at fair value	'
	The following table summarizes the financial liabilities measured at fair value, on a recurring basis as of  September 30, 2014 (in thousands):
		Fair value measurements using
		Level 1		Level 2		Level 3		Total
		(Unaudited)
	September 30, 2014
	Commodity derivative (current asset)	$	—	$	181	$	—	$	181
	Commodity derivative (other long-term liabilities)	—		543		—		543

Derivative_Instruments_Tables

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Schedule of Derivative Instruments	'
	As of September 30, 2014, the Company had the following open positions on outstanding commodity derivative contracts:
	Period	Volume/Month (Bbls)			Price/Unit		Fair Value - Asset (Liability)
	(Unaudited)
	October 2014 - March 2015	8,400			$	94.11	229,000
	April 2015 - March 2016	7,300			$	86.5	(58,000	)
	April 2016 - March 2017	6,550			$	82.46	(244,000	)
	April 2017 - March 2018	5,800			$	80.53	(289,000	)
Gain (Loss) on Derivatives	'
	The following tables summarize the unrealized and realized gain (loss) on commodity derivatives:
			Three Months Ended September 30,
			2014
			(Unaudited)
	Unrealized gain on commodity derivatives		$	2,206,000
	Realized loss on commodity derivatives		(179,000		)
			$	2,027,000
			Nine Months Ended September 30,
			2014
			(Unaudited)
	Unrealized loss on commodity derivatives		$	(362,000	)
	Realized loss on commodity derivatives		(402,000		)
			$	(764,000	)

Long_Term_Debt_Tables

Long Term Debt (Tables)	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt	'
	Maturities on long-term debt during the next three years are as follows (in thousands):
	Year ending September 30,	Amount
		(Unaudited)
	2015	$	3,355
	2016	473
	2017	16,579
		$	20,407

Loss_Per_Share_Tables

Loss Per Share (Tables)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted	'
	The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):
		Three Months Ended September 30,							Nine Months Ended September 30,
		2013				2014			2013			2014
		(Unaudited)							(Unaudited)
	Numerator:
	Net loss	$	(825	)		$	(356	)	$	(5,207	)	$	(7,100	)
	Denominator:
	Weighted-average common shares outstanding - basic	1,136				31,475			1,093			27,975
	Effect of dilutive securities	—				—			—			—
	Weighted-average common shares - diluted	1,136				31,475			1,093			27,975
	Net loss per common share - basic and diluted	$	(0.73	)		$	(0.01	)	$	(4.76	)	$	(0.25	)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	'
	The following weighted-average securities outstanding during the three and nine months ended September 30, 2013 and 2014 were not included in the calculation of diluted shares outstanding as they would have been anti-dilutive (in thousands):
		Three Months Ended September 30,						Nine Months Ended September 30,
		2013			2014			2013		2014
		(Unaudited)						(Unaudited)
	Common stock warrants	—			5,517			—		4,752
	Common stock options	2,021			2,307			1,841		2,315

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Schedule of Minimum Future Capital Lease Payments	'
	Approximate minimum future rental payments under these noncancelable operating leases as of September 30, 2014 are as follows (in thousands):
		Year Ending September 30,
		(Unaudited)
	2015	$	204
	2016	129
	2017	85
		$	418

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Fair Value Assumptions	'
	The Company has computed the fair value of all options granted during the year ended December 31, 2013 and nine months ended September 30, 2014, using the following assumptions:
		Year ended		Nine months ended September 30,
		December 31,
		2013		2014
				(Unaudited)
	Risk-free interest rate	2.23	%	2.44	%
	Expected volatility	55	%	55	%
	Expected dividend yield	—		—
	Expected life (in years)	7.09		7
	Expected forfeiture rate	—		—
Schedule of Stock Option Activity	'
	The following table summarizes the activity of the Company’s plan related to stock options:
		Number		Weighted		Weighted
		of options		average		average
				exercise		remaining
				price per share		contractual
						term (years)
	Outstanding as of December 31, 2013, as converted	2,322,180		$	0.81	7.7
	Awarded (unaudited)	7,103		$	1.16
	Exercised (unaudited)	(9,397	)	$	1.16
	Forfeited or Expired (unaudited) (1)	(16,864	)	$	1.16
	Outstanding as of September 30, 2014 (unaudited)	2,303,022		$	0.82	7
	Exercisable as of December 31, 2013	1,887,568		$	0.75	7.5
	Exercisable as of September 30, 2014 (unaudited) (2)	2,049,188		$	0.78	6.8
	-1	Management considers the circumstances generating these forfeitures to be unusual and nonrecurring in nature; accordingly, no allowance for forfeitures of options to purchase shares has been considered in determining future vesting or expense.
	-2	The employee options shown as exercisable are subject to a one year lock up agreement pursuant to the terms of the Merger whereby these options, although fully vested, cannot be exercised until April 15, 2015, the day after the first anniversary of the Merger.

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment	'
	The following table sets forth the operating segments of the Company and the associated revenues and expenses (in thousands):
		Oil and Gas (1)			AERO Services			Corporate			Total
		(Unaudited)
	Three months ended September 30, 2013
	Revenues	$	184		$	591		$	—		$	775
	Total operating expenses	512			542			1,320			2,374
	Depreciation, depletion and amortization	56			101			10			167
	Loss from operations	(384		)	(52		)	(1,330		)	(1,766		)
	Other income, net	—			—			941			941
	Net loss	$	(384	)	$	(52	)	$	(389	)	$	(825	)
		Oil and Gas (1)			AERO Services			Corporate			Total
		(Unaudited)
	Three months ended September 30, 2014
	Revenues	$	4,103		$	1,355		$	—		$	5,458
	Total operating expenses	3,088			657			2,021			5,766
	Depreciation, depletion and amortization	1,245			73			7			1,325
	(Loss) income from operations	(230		)	625			(2,028		)	(1,633		)
	Other income (expense), net	2,027			—			(699		)	1,328
	Income tax expense	—			—			51			51
	Net income (loss)	$	1,797		$	625		$	(2,778	)	$	(356	)
	-1	The oil and gas revenues for the three months ended September 30, 2014 includes direct revenues of $4,030,000, operating expenses (including severance taxes) of $2,294,000, depreciation, depletion and amortization of $1,177,000 and gain on commodity derivatives of $2,206,000 related to the Coke Field Assets and Southwest Operating Assets which are not included in the three months ended September 30, 2013. Total operating expenses for the Oil and Gas segment also includes expenses for our Etzold Field greenfield lab in Kansas and the compensation expense for our acquisitions and production professional staff and their related expenses in connection with identifying and analyzing potential acquisitions and managing our oil and gas assets.
		Oil and Gas (1)			AERO Services			Corporate			Total
		(Unaudited)
	Nine months ended September 30, 2013
	Revenues	$	455		$	1,979		$	—		$	2,434
	Total operating expenses	1,634			1,703			4,246			7,583
	Depreciation, depletion and amortization	149			287			30			466
	Loss from operations	(1,328		)	(11		)	(4,276		)	(5,615		)
	Other income, net	—			—			408			408
	Net loss	$	(1,328	)	$	(11	)	$	(3,868	)	$	(5,207	)
		Oil and Gas (1)			AERO Services			Corporate			Total
		(Unaudited)
	Nine months ended September 30, 2014
	Revenues	$	8,489		$	3,527		$	—		$	12,016
	Total operating expenses	7,309			2,715			5,370			15,394
	Depreciation, depletion and amortization	2,645			263			23			2,931
	(Loss) income from operations	(1,465		)	549			(5,393		)	(6,309		)
	Other (expense) income, net	(764		)	—			166			(598		)
	Income tax expense	—			—			193			193
	Net (loss) income	$	(2,229	)	$	549		$	(5,420	)	$	(7,100	)
	-1	The oil and gas revenues for the nine months ended September 30, 2014 includes six months and sixteen days of direct revenues of $8,138,000, operating expenses (including severance taxes) of $5,264,000, depreciation, depletion and amortization of $2,361,000 and loss on commodity derivatives of $764,000 related to the Coke Field Assets and Southwest Operating Assets which are not included in the nine months ended September 30, 2013. Total operating expenses for the Oil and Gas segment also includes expenses for our Etzold Field greenfield lab in Kansas and the compensation expense for our acquisitions and production professional staff and their related expenses in connection with identifying and analyzing potential acquisitions and managing our oil and gas assets.

Organization_Nature_of_Busines1

Organization, Nature of Business and Liquidity Narrative (Details) (USD $)	Sep. 30, 2012	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	31-May-08	Oct. 31, 2010
		Glori Oil S.R.L. [Member]	Glori Oil S.R.L. [Member]	Glori Oil S.R.L. [Member]	Glori Oil (Argentina) Limited [Member]	Glori Holdings, Inc. [Member]
Related Party Transaction [Line Items]	'	'	'	'	'	'
Ownership interest (percent)	'	'	'	'	97.00%	'
Noncontrolling ownership interest (percent)	'	'	'	'	3.00%	'
Discontinued operations revenue	'	$0	$0	'	'	'
Discontinued operations assets	'	$0	'	$0	'	'
Working interest (percent)	100.00%	'	'	'	'	100.00%

Merger_with_Infinity_Cross_Bor2

Merger with Infinity Cross Border Acquisition Corporation (Details) (USD $)

Sep. 30, 2014

Apr. 14, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

In Thousands, except Share data, unless otherwise specified

Common Stock [Member]

Common Stock [Member]

Additional Paid-in Capital [Member]

Additional Paid-in Capital [Member]

Accumulated Deficit [Member]

Accumulated Deficit [Member]

Series A Preferred Stock [Member]

Series B Preferred Stock [Member]

Series C Preferred Stock [Member]

Series C-1 Preferred Stock [Member]

Scenario, Previously Reported [Member]

Scenario, Previously Reported [Member]

Scenario, Previously Reported [Member]

Scenario, Previously Reported [Member]

Scenario, Previously Reported [Member]

Scenario, Previously Reported [Member]

Scenario, Previously Reported [Member]

Scenario, Previously Reported [Member]

Scenario, Adjustment [Member]

Scenario, Adjustment [Member]

Scenario, Adjustment [Member]

Scenario, Adjustment [Member]

Scenario, Adjustment [Member]

Scenario, Adjustment [Member]

Scenario, Adjustment [Member]

Scenario, Adjustment [Member]

Preferred Stock [Member]

Preferred Stock [Member]

Preferred Stock [Member]

Preferred Stock [Member]

Common Stock [Member]

Additional Paid-in Capital [Member]

Accumulated Deficit [Member]

Series A Preferred Stock [Member]

Series B Preferred Stock [Member]

Series C Preferred Stock [Member]

Series C-1 Preferred Stock [Member]

Common Stock [Member]

Additional Paid-in Capital [Member]

Accumulated Deficit [Member]

Series A Preferred Stock [Member]

Series B Preferred Stock [Member]

Series C Preferred Stock [Member]

Series C-1 Preferred Stock [Member]

Preferred Stock [Member]

Preferred Stock [Member]

Preferred Stock [Member]

Preferred Stock [Member]

Preferred Stock [Member]

Preferred Stock [Member]

Preferred Stock [Member]

Preferred Stock [Member]

Increase (Decrease) in Temporary Equity [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Beginning balance (in shares)

'

'

'

'

'

'

'

'

'

0

0

0

0

'

'

'

'

475,541

2,901,052

7,296,607

4,462,968

'

'

'

'

'

'

'

'

Beginning balance

'

'

$0

'

'

'

'

'

'

$0

$0

$0

$0

$78,669

'

'

'

$13,762

$31,900

$29,773

$3,234

'

'

'

'

'

'

'

'

Reversal of pre-Merger temporary equity (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-3,295,771

'

'

-475,541

-2,901,052

-7,296,607

-4,462,968

Reversal of pre-Merger temporary equity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-78,669

'

'

-78,669

-13,762

-31,900

-29,773

-3,234

Ending balance (in shares)

'

'

'

'

'

'

'

'

'

0

0

0

0

'

'

'

'

475,541

2,901,052

7,296,607

4,462,968

'

'

'

'

'

'

'

'

Ending balance

'

'

0

'

'

'

'

'

'

0

0

0

0

78,669

'

'

'

13,762

31,900

29,773

3,234

'

'

'

'

'

'

'

'

Increase (Decrease) in Stockholders' Equity [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Beginning balance (in shares)

31,499,303

30,493,006

22,450,688

31,499,303

22,450,688

'

'

'

'

'

'

'

'

'

3,295,771

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Beginning balance

52,807

'

16,196

3

2

105,319

61,609

-52,515

-45,415

'

'

'

'

-76,378

1

0

-76,379

'

'

'

'

'

'

'

'

'

'

'

'

Reversal of pre-Merger common shares

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1

1

'

'

'

'

'

Reclassification of pre- Merger warrants from liability to additional paid-in capital

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

13,905

'

13,905

'

'

'

'

'

Conversion of pre-Merger shares to post-Merger shares (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

22,450,688

'

'

'

'

'

'

Conversion of pre-Merger shares to post-Merger shares

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2

-2

'

'

'

'

'

Segregate historical accumulated deficit from additional paid-in capital

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

47,705

-47,705

'

'

'

'

Ending balance (in shares)

31,499,303

30,493,006

22,450,688

31,499,303

22,450,688

'

'

'

'

'

'

'

'

'

3,295,771

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ending balance

$52,807

'

$16,196

$3

$2

$105,319

$61,609

($52,515)

($45,415)

'

'

'

'

($76,378)

$1

$0

($76,379)

'

'

'

'

'

'

'

'

'

'

'

'

Merger_with_Infinity_Cross_Bor3

Merger with Infinity Cross Border Acquisition Corporation Summary of Common Stock Issued and Outstanding (Details)	0 Months Ended
	Apr. 14, 2014	Sep. 30, 2014	Apr. 14, 2014	Dec. 31, 2013
Business Combinations [Abstract]	'	'	'	'
Ordinary shares issued to Infinity Corp. founder shareholders	1,437,500	'	'	'
Ordinary shares issued to Infinity Corp. shareholders	5,750,000	'	'	'
Less: Ordinary shares redeemed	-2,351,533	'	'	'
Ordinary shares issued underwriter for UPO warrant conversion	100,000	'	'	'
Ordinary shares issued for PIPE Investment (excluding Petro-Hunt portion of the PIPE Investment)	812,500	'	'	'
Ordinary shares issued for PIPE Investment (Petro-Hunt portion of PIPE Investment)	250,000	'	'	'
Ordinary shares issued for the optional PIPE Investment	909,982	'	'	'
Ordinary shares issued to Glori Energy Inc. shareholders	23,584,557	'	'	'
Common stock, shares outstanding	'	31,499,303	30,493,006	22,450,688

Merger_with_Infinity_Cross_Bor4

Merger with Infinity Cross Border Acquisition Corporation Narrative (Details) (USD $)

0 Months Ended

9 Months Ended

0 Months Ended

Apr. 14, 2014

Mar. 13, 2014

Sep. 30, 2014

Apr. 14, 2014

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2014

Apr. 14, 2014

Apr. 14, 2014

Apr. 14, 2014

Mar. 13, 2014

Mar. 13, 2014

Infinity Cross Border Acquisition Corporation [Member]

Private Placement [Member]

Infinity Cross Border Acquisition Corporation [Member]

Convertible Subordinated Debt [Member]

Convertible Subordinated Debt [Member]

Series C-2 Preferred Shares [Member]

Series C-2 Preferred Warrants [Member]

Infinity Corp. [Member]

6% Subordinated Convertible Promissory Note [Member]

6% Subordinated Convertible Promissory Note [Member]

Preferred Stock [Member]

Warrant [Member]

Business Acquisition [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, shares outstanding

'

'

'

'

'

'

'

23,584,557

'

'

'

'

Common stock, shares outstanding

'

'

31,499,303

30,493,006

22,450,688

'

'

'

'

'

'

'

Preferred shares issued

'

'

'

'

'

'

'

'

'

'

1,842,028

'

Preferred warrants issued

'

'

'

'

'

'

'

'

'

'

'

1,640,924

Proceeds from issuance of preferred stock and preferred warrants

'

$5,049,000

'

'

'

'

'

'

'

'

'

'

Shares issued upon conversion

'

'

'

1,133,869

'

'

'

'

'

'

'

'

Consideration received

'

'

'

'

'

24,700,000

'

'

'

'

'

'

Consideration received from private placement

'

'

'

'

'

13,700,000

'

'

'

'

'

'

Number of shares issued in private placement

'

'

'

'

'

'

1,722,482

'

'

'

'

'

Price per common share (in usd per share)

'

'

'

'

'

'

$8

'

'

'

'

'

Principal amount

'

'

'

'

'

'

'

'

$2,000,000

'

'

'

Conversion price per common share (in usd per share)

'

'

'

'

'

'

'

'

'

$8

'

'

Ordinary shares issued for PIPE Investment (Petro-Hunt portion of PIPE Investment)

250,000

'

'

'

'

'

'

'

'

250,000

'

'

Warrants outstanding

'

'

5,321,700

'

'

'

'

'

'

'

'

'

Warrants outstanding, price per share (in usd per share)

'

'

$10

'

'

'

'

'

'

'

'

'

Property_and_Equipment_Summary

Property and Equipment Summary of Plant and Equipment (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Property, Plant and Equipment [Line Items]	'	'
Proved oil and gas properties - successful efforts	$45,270	$3,141
Property and equipment, gross	5,721	4,892
Total property and equipment and proved oil and gas properties, gross	50,991	8,033
Less: accumulated depreciation, depletion and amortization	-7,990	-5,223
Total property and equipment and proved oil and gas properties, net	43,001	2,810
Construction in progress [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	816	902
Laboratory and warehouse facility [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	591	591
Laboratory and field service equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	2,975	2,968
Office equipment, computer equipment, vehicles and other [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	$1,339	$431

Property_and_Equipment_Pro_For

Property and Equipment Pro Forma Information (Details) (Coke Field Assets [Member], Glori Energy Production, Inc. [Member], USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Coke Field Assets [Member] | Glori Energy Production, Inc. [Member]	'	'	'	'
Business Acquisition [Line Items]	'	'	'	'
Total revenues	$5,458	$5,327	$14,831	$14,601
Net loss	($356)	($1,058)	($6,609)	($6,527)
Net loss per common shares, basic (in dollars per share)	($0.01)	($0.93)	($0.24)	($5.97)
Net loss per common shares, diluted (in dollars per share)	($0.01)	($0.93)	($0.24)	($5.97)
Weighted average shares outstanding:	'	'	'	'
Weighted-average common shares outstanding - basic	31,475	1,136	27,975	1,093
Weighted-average common shares - diluted	31,475	1,136	27,975	1,093

Property_and_Equipment_Narrati

Property and Equipment Narrative (Details) (USD $)	3 Months Ended		9 Months Ended		1 Months Ended		0 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2014	Mar. 14, 2014	Sep. 30, 2014	Mar. 14, 2014	Mar. 14, 2014	Mar. 14, 2014
					Southwest Operating Assets [Member]	Southwest Operating Assets [Member]	Glori Energy Production, Inc. [Member]	Glori Energy Production, Inc. [Member]	Glori Energy Production, Inc. [Member]	Glori Energy Production, Inc. [Member]	Glori Energy Production, Inc. [Member]
						Other Noncurrent Liabilities [Member]	Coke Field Assets [Member]	Coke Field Assets [Member]	Coke Field Assets [Member]	Coke Field Assets [Member]	Coke Field Assets [Member]
										Other Noncurrent Assets [Member]	Other Noncurrent Liabilities [Member]
Business Acquisition [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Depreciation and amortization	$117,000	$112,000	$352,000	$318,000	'	'	'	'	'	'	'
Depletion expense	1,199,000	52,000	2,458,000	138,000	'	'	'	'	'	'	'
Accretion expense related to the asset retirement obligation	9,000	3,000	121,000	10,000	'	'	'	'	'	'	'
Cash consideration	'	'	'	'	'	'	38,000,000	'	'	'	'
Convertible note payable assumed	'	'	'	'	'	'	2,000,000	'	'	'	'
Total revenues	5,458,000	775,000	12,016,000	2,434,000	'	'	'	8,138,000	'	'	'
Net loss	356,000	825,000	7,100,000	5,207,000	'	'	'	251,000	'	'	'
Gain (loss) on commodity derivatives	2,027,000	0	-764,000	0	'	'	'	764,000	'	'	'
Total purchase price	'	'	'	'	'	'	39,200,000	'	'	'	'
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Equipment	'	'	'	'	'	'	'	'	310,000	'	'
Property and equipment acquired during acquisition	'	'	'	'	'	'	'	'	327,000	'	'
Asset retirement cost acquired	'	'	'	'	'	'	'	'	'	745,000	'
Payments to Acquire Businesses, Gross	'	'	'	'	2,000,000	'	'	'	'	'	'
Asset retirement obligation acquired	'	'	'	'	'	$140,000	'	'	'	'	$745,000

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (Commodity Contract [Member], Fair Value, Measurements, Recurring [Member], USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Commodity derivative (current asset)	$181
Commodity derivative (other long-term liabilities)	543
Fair Value, Inputs, Level 1 [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Commodity derivative (current asset)	0
Commodity derivative (other long-term liabilities)	0
Fair Value, Inputs, Level 2 [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Commodity derivative (current asset)	181
Commodity derivative (other long-term liabilities)	543
Fair Value, Inputs, Level 3 [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Commodity derivative (current asset)	0
Commodity derivative (other long-term liabilities)	$0

Derivative_Instruments_Outstan

Derivative Instruments Outstanding Commodity Derivative Contracts (Details) (Not Designated as Hedging Instrument [Member], Commodity Contract [Member], USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
	bbl
October 2014 - March 2015 [Member]	'
Derivative [Line Items]	'
Volume per month (Bbls)	8,400
Price (usd per barrel)	94.11
Fair value - Asset (Liability)	$229
April 2015 - March 2016 [Member]	'
Derivative [Line Items]	'
Volume per month (Bbls)	7,300
Price (usd per barrel)	86.5
Fair value - Asset (Liability)	-58
April 2016 - March 2017 [Member]	'
Derivative [Line Items]	'
Volume per month (Bbls)	6,550
Price (usd per barrel)	82.46
Fair value - Asset (Liability)	-244
April 2017 - March 2018 [Member]	'
Derivative [Line Items]	'
Volume per month (Bbls)	5,800
Price (usd per barrel)	80.53
Fair value - Asset (Liability)	($289)

Derivative_Instruments_Realize

Derivative Instruments Realized and Unrealized Gain (Loss) on Derivatives (Details) (Commodity Contract [Member], Not Designated as Hedging Instrument [Member], USD $)	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014
Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Unrealized gain (loss) on commodity derivatives	$2,206	($362)
Realized loss on commodity derivatives	-179	-402
Loss on oil and natural gas derivatives	$2,027	($764)

Long_Term_Debt_Maturities_on_L

Long Term Debt Maturities on Long-Term Debt (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Debt Disclosure [Abstract]	'
2015	$3,355
2016	473
2017	16,579
Total	$20,407

Long_Term_Debt_Narrative_Detai

Long Term Debt Narrative (Details) (USD $)

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

Apr. 14, 2014

Mar. 14, 2014

Sep. 30, 2014

Apr. 14, 2014

Jun. 11, 2012

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

13-May-14

Mar. 14, 2014

Mar. 14, 2014

Apr. 14, 2014

Mar. 14, 2014

Mar. 14, 2014

Sep. 30, 2014

Mar. 14, 2014

Mar. 14, 2014

Mar. 14, 2014

Mar. 14, 2014

agreement

Secured Debt [Member]

Secured Debt [Member]

Secured Debt [Member]

Secured Debt [Member]

Secured Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Convertible Subordinated Debt [Member]

Glori Energy Production, Inc. [Member]

Glori Energy Production, Inc. [Member]

Glori Energy Production, Inc. [Member]

Glori Energy Production, Inc. [Member]

Glori Energy Production, Inc. [Member]

Glori Energy Production, Inc. [Member]

Glori Energy Production, Inc. [Member]

10% Secured Term Promissory Note [Member]

10% Secured Term Promissory Note [Member]

10% Secured Term Promissory Note [Member]

10% Secured Term Promissory Note [Member]

10% Secured Term Promissory Note [Member]

12% Subordinated Note [Member]

12% Subordinated Note [Member]

12% Subordinated Note [Member]

6% Subordinated Convertible Promissory Note [Member]

Coke Field Assets [Member]

Senior Notes [Member]

Senior Notes [Member]

Senior Notes [Member]

Senior Notes [Member]

Senior Notes [Member]

Convertible Subordinated Debt [Member]

Other Noncurrent Liabilities [Member]

Other Noncurrent Liabilities [Member]

11% Senior Secured Term Loan [Member]

11% Senior Secured Term Loan [Member]

11% Senior Secured Term Loan [Member]

11% Senior Secured Term Loan [Member]

11% Senior Secured Term Loan [Member]

6% Subordinated Convertible Promissory Note [Member]

Minimum [Member]

London Interbank Offered Rate (LIBOR) [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Principal amount

'

'

'

'

$8,000,000

'

'

'

'

'

$4,000,000

'

'

'

'

$18,000,000

'

'

$2,000,000

Interest rate (percent)

'

'

'

'

10.00%

'

'

'

'

'

12.00%

'

'

'

'

'

'

'

6.00%

Warrants exchanged for common shares (in shares)

100,000

'

'

18,208

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Repayment period

'

'

'

'

'27 months

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Liability for end of term charge

'

'

'

'

280,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

End of term charge recognized

'

'

'

'

'

'

216,000

144,000

'

'

'

'

'

'

'

'

'

'

'

Outstanding loan balance

'

'

20,407,000

'

'

2,622,000

'

'

'

'

'

'

'

'

17,734,000

'

'

'

'

Number of financing agreements

'

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash consideration

'

'

'

'

'

'

'

'

'

'

'

'

38,000,000

'

'

'

'

'

'

Loan term

'

'

'

'

'

'

'

'

'

'2 years

'

'

'

'3 years

'

'

'

'

'

Minimum stated interest rate (percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

11.00%

'

'

'

'

'

Variable interest rate (percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.00%

'

Percentage of excess cash flows for principal payment, year one

'

'

'

'

'

'

'

'

'

'

'

'

'

50.00%

'

'

'

'

'

Percentage of excess cash flows for principal payment, year two and thereafter

'

'

'

'

'

'

'

'

'

'

'

'

'

75.00%

'

'

'

'

'

Principal payment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

112,500

'

'

Issuance cost (percent)

'

'

'

'

'

'

'

'

'

2.00%

'

'

'

2.00%

'

'

'

'

'

Issuance cost

'

'

'

'

'

'

'

'

'

80,000

'

'

'

360,000

'

'

'

'

'

Repurchase amount

'

'

'

'

'

'

'

'

'

'

4,000,000

'

'

'

'

'

'

'

'

Prepayment penalty

'

'

'

'

'

'

'

'

$400,000

'

'

'

'

'

'

'

'

'

'

Ordinary shares issued for PIPE Investment (Petro-Hunt portion of PIPE Investment)

250,000

'

'

'

'

'

'

'

'

'

'

250,000

'

'

'

'

'

'

'

Loss_Per_Share_Summary_of_Earn

Loss Per Share Summary of Earnings Per Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Numerator:	'	'	'	'
Net loss	($356)	($825)	($7,100)	($5,207)
Denominator:	'	'	'	'
Weighted-average common shares outstanding - basic	31,475	1,136	27,975	1,093
Effect of dilutive securities	0	0	0	0
Weighted-average common shares - diluted	31,475	1,136	27,975	1,093
Net loss per common share, basic and diluted	($0.01)	($0.73)	($0.25)	($4.76)

Loss_Per_Share_Summary_of_Anti

Loss Per Share Summary of Antidilutive Securities (Details)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Stock Warrants [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Securities excluded in the calculation of diluted shares outstanding	5,517	0	4,752	0
Stock Options [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Securities excluded in the calculation of diluted shares outstanding	2,307	2,021	2,315	1,841

Income_Taxes_Narrative_Details

Income Taxes Narrative (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Income Tax Contingency [Line Items]	'	'	'	'	'
NOL carryforward	$41,800,000	'	$41,800,000	'	$31,400,000
Tax credit carryforward	367,000	'	367,000	'	'
Reduction to NOL carryforward	'	'	5,400,000	'	'
Income tax expense	51,000	0	193,000	0	'
Domestic Tax Authority [Member] | Tax Years 2010 And 2011 [Member]	'	'	'	'	'
Income Tax Contingency [Line Items]	'	'	'	'	'
Uncertain tax position	$31,000	'	$31,000	'	$31,000

Commitments_and_Contingencies_1

Commitments and Contingencies Summary of Minimum Future Capital Lease Payments (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Commitments and Contingencies Disclosure [Abstract]	'
2015	$204
2016	129
2017	85
Total	$418

Commitments_and_Contingencies_2

Commitments and Contingencies Narrative (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
			building
Operating Leased Assets [Line Items]	'	'	'	'
Number of buildings	'	'	2	'
Rent expense	$74,000	$60,000	$217,000	$156,000
Office, Laboratory, and Manufacturing [Member]	'	'	'	'
Operating Leased Assets [Line Items]	'	'	'	'
Monthly rental amount	'	'	10,586	'
Office Building [Member]	'	'	'	'
Operating Leased Assets [Line Items]	'	'	'	'
Monthly rental amount	'	'	8,415	'
Warehouse [Member]	'	'	'	'
Operating Leased Assets [Line Items]	'	'	'	'
Monthly rental amount	'	'	$1,000	'
Notice required for lease termination	'	'	'30 days	'

StockBased_Compensation_Fair_V

Stock-Based Compensation Fair Value Assumptions (Details) (Stock Option [Member])	9 Months Ended	12 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Stock Option [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Risk-free interest rate	2.44%	2.23%
Expected volatility	55.00%	55.00%
Expected dividend yield	0.00%	0.00%
Expected life (in years)	'7 years	'7 years 1 month 2 days
Expected forfeiture rate	0.00%	0.00%

StockBased_Compensation_Summar

Stock-Based Compensation Summary of Stock Option Activity (Details) (USD $)	9 Months Ended		12 Months Ended
	Sep. 30, 2014		Dec. 31, 2013
Number of Stock Options	'		'
Outstanding as of December 31, 2013 (in shares)	2,322,180		'
Awarded (in shares)	7,103		'
Exercised (in shares)	-9,397		'
Forfeited or Expired (in shares)	-16,864	[1]	'
Outstanding as of September 30, 2014 (in shares)	2,303,022		2,322,180
Exercisable (in shares)	2,049,188	[2]	1,887,568
Weighted Average Exercise Price	'		'
Outstanding as of December 31, 2013 (in dollars per share)	$0.81		'
Awarded (in dollars per share)	$1.16		'
Exercised (in dollars per share)	$1.16		'
Forfeited or Expired (in dollars per share)	$1.16	[1]	'
Outstanding as of September 30, 2014 (in dollars per share)	$0.82		$0.81
Exercisable (in dollars per share)	$0.78	[2]	$0.75
Weighted Average Remaining Contractual Term	'		'
Outstanding (in years)	'6 years 11 months 20 days		'7 years 8 months 12 days
Exercisable (in years)	'6 years 9 months 25 days	[2]	'7 years 6 months
[1]	Management considers the circumstances generating these forfeitures to be unusual and nonrecurring in nature; accordingly, no allowance for forfeitures of options to purchase shares has been considered in determining future vesting or expense.
[2]	The employee options shown as exercisable are subject to a one year lock up agreement pursuant to the terms of the Merger whereby these options, although fully vested, cannot be exercised until April 15, 2015, the day after the first anniversary of the Merger.

StockBased_Compensation_Narrat

Stock-Based Compensation Narrative (Details) (USD $)	0 Months Ended	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Apr. 14, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'
Glori stock option conversion ratio	2.9	'	'	'	'	'
Glori stock option exercise price increase	2.9	'	'	'	'	'
Total intrinsic value of options exercised	'	$40	$0	$70	$74	'
Aggregate intrinsic value of outstanding options	'	14,590	'	14,590	'	782
Aggregate intrinsic value of exercisable options	'	14,590	'	14,590	'	782
Total fair value of options vested	'	77	106	236	583	'
Future unrecognized compensation expense for nonvested shares	'	311	'	311	'	'
Selling, General and Administrative Expenses [Member]	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'
Stock-based compensation	'	$78	$87	$232	$534	'
Glori Oil Limited 2006 Stock Option And Grant Plan [Member]	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'
Shares available for grant	'	'	'	'	'	2,581,190
Expiration period	'	'	'	'10 years	'	'
Glori Oil Limited 2006 Stock Option And Grant Plan [Member] | Year One [Member]	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'
Vesting percentage	'	'	'	25.00%	'	'
Vesting period	'	'	'	'1 year	'	'
Glori Oil Limited 2006 Stock Option And Grant Plan [Member] | Years Two Through Four [Member]	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'
Vesting period	'	'	'	'36 months	'	'
Stock Option [Member]	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'
Weighted average vesting period	'	'	'	'1 year 8 months	'	'

Segment_Information_Summary_of

Segment Information Summary of Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended		3 Months Ended				9 Months Ended				3 Months Ended	6 Months Ended	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
			arrangement		Corporate, Non-Segment [Member]	Corporate, Non-Segment [Member]	Corporate, Non-Segment [Member]	Corporate, Non-Segment [Member]	Oil And Gas [Member]		Oil And Gas [Member]		Oil And Gas [Member]		Oil And Gas [Member]		Oil And Gas [Member]	Oil And Gas [Member]	AERO Service [Member]	AERO Service [Member]	AERO Service [Member]	AERO Service [Member]
																	Coke Field Assets and Southwest Operating Assets [Member]	Coke Field Assets and Southwest Operating Assets [Member]
Segment Reporting Information [Line Items]	'	'	'	'	'	'	'	'	'		'		'		'		'	'	'	'	'	'
Number of first purchaser arrangements	'	'	2	'	'	'	'	'	'		'		'		'		'	'	'	'	'	'
Revenues	$5,458	$775	$12,016	$2,434	$0	$0	$0	$0	$4,103	[1]	$184	[1]	$8,489	[2]	$455	[2]	$4,030	$8,138	$1,355	$591	$3,527	$1,979
Total operating expenses	5,766	2,374	15,394	7,583	2,021	1,320	5,370	4,246	3,088	[1]	512	[1]	7,309	[2]	1,634	[2]	2,294	5,264	657	542	2,715	1,703
Depreciation, depletion and amortization	1,325	167	2,931	466	7	10	23	30	1,245	[1]	56	[1]	2,645	[2]	149	[2]	1,177	2,361	73	101	263	287
(Loss) income from operations	-1,633	-1,766	-6,309	-5,615	-2,028	-1,330	-5,393	-4,276	-230	[1]	-384	[1]	-1,465	[2]	-1,328	[2]	'	'	625	-52	549	-11
Other (expense) income, net	1,328	941	-598	408	-699	941	166	408	2,027	[1]	0	[1]	-764	[2]	0	[2]	'	'	0	0	0	0
Income tax expense	51	0	193	0	51	'	193	'	0	[1]	'		0	[1]	'		'	'	0	'	0	'
Net income (loss)	-356	-825	-7,100	-5,207	-2,778	-389	-5,420	-3,868	1,797	[1]	-384	[1]	-2,229	[2]	-1,328	[2]	'	'	625	-52	549	-11
Gain (loss) on commodity derivatives	$2,027	$0	($764)	$0	'	'	'	'	'		'		'		'		$2,206	($764)	'	'	'	'
[1]	The oil and gas revenues for the three months ended September 30, 2014 includes direct revenues of $4,030,000, operating expenses (including severance taxes) of $2,294,000, depreciation, depletion and amortization of $1,177,000 and gain on commodity derivatives of $2,206,000 related to the Coke Field Assets and Southwest Operating Assets which are not included in the three months ended SeptemberB 30, 2013. Total operating expenses for the Oil and Gas segment also includes expenses for our Etzold Field greenfield lab in Kansas and the compensation expense for our acquisitions and production professional staff and their related expenses in connection with identifying and analyzing potential acquisitions and managing our oil and gas assets.
[2]	The oil and gas revenues for the nine months ended September 30, 2014 includes six months and sixteen days of direct revenues of $8,138,000, operating expenses (including severance taxes) of $5,264,000, depreciation, depletion and amortization of $2,361,000 and loss on commodity derivatives of $764,000 related to the Coke Field Assets and Southwest Operating Assets which are not included in the nine months ended September 30, 2013. Total operating expenses for the Oil and Gas segment also includes expenses for our Etzold Field greenfield lab in Kansas and the compensation expense for our acquisitions and production professional staff and their related expenses in connection with identifying and analyzing potential acquisitions and managing our oil and gas assets.

Subsequent_Events_Narrative_De

Subsequent Events Narrative (Details) (Office Building [Member], USD $)	9 Months Ended	0 Months Ended		0 Months Ended
	Sep. 30, 2014	Oct. 02, 2014	Oct. 02, 2014	Oct. 02, 2014	Oct. 02, 2014
		Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
			sqft	One Year Extension Option at 4% Increase in Rent [Member]	Two One-Year Extension Options at a Mutually Agreed Market Rate [Member]
					extension
Subsequent Event [Line Items]	'	'	'	'	'
Lease term	'	'2 years	'	'	'
Square footage	'	'	7,805	'	'
Monthly rental amount	$8,415	$18,498	'	'	'
Lease renewal term	'	'	'	'1 year	'1 year
Increase to monthly rental amount	'	'	'	0.04	'
Number of lease extensions	'	'	'	'	2