Quarterly report pursuant to Section 13 or 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Details)

v3.8.0.1
SIGNIFICANT ACCOUNTING POLICIES (Details)
3 Months Ended
Mar. 31, 2018
USD ($)
revenue_source
geographic_area
shares
Mar. 31, 2017
USD ($)
shares
Dec. 31, 2017
USD ($)
May 18, 2015
USD ($)
May 13, 2013
USD ($)
Accounts Receivable, Net [Abstract]          
Allowance for doubtful accounts $ 5,200,000   $ 5,600,000    
Advance to Operators [Abstract]          
Period for advance payments to be applied against joint interest billings 90 days        
Property, Plant and Equipment [Abstract]          
Depreciation expense $ 35,517 $ 44,474      
Debt Issuance Costs [Abstract]          
Amortization of debt issuance costs $ 1,362,768 943,407      
Write-off of debt issuance costs   $ 0      
Bond Premium/Discount on Senior Notes [Abstract]          
Rate of senior notes 8.00%        
Revenue Recognition          
Revenue from contract with customer, number of revenue sources | revenue_source 2        
Number of geographic areas in which entity operates | geographic_area 1        
Income Taxes [Abstract]          
Valuation allowance $ 226,200,000   227,000,000    
Potentially dilutive shares (in shares) | shares 167,624 525,967      
Impairment of other long-lived assets $ 0 $ 0      
Senior Notes Due 2020          
Bond Premium/Discount on Senior Notes [Abstract]          
Amortization of bond premium 400,000 400,000      
Amortization of bond discount $ 500,000 $ 500,000      
Senior Unsecured Notes | Senior Notes Due 2020          
Debt Issuance Costs [Abstract]          
Increase (decrease) of unamortized debt issuance costs       $ 10,000,000 $ 10,500,000
Bond Premium/Discount on Senior Notes [Abstract]          
Capitalized costs associated with bond premium/discount       $ 10,000,000 $ 10,500,000
Rate of senior notes       8.00% 8.00%
Minimum          
Property, Plant and Equipment [Abstract]          
Property and equipment, estimated useful lives 3 years        
Maximum          
Property, Plant and Equipment [Abstract]          
Property and equipment, estimated useful lives 7 years        
Other Noncurrent Assets, Net          
Accounts Receivable, Net [Abstract]          
Loss contingency accounts receivable $ 5,400,000        
Accounts receivable     $ 5,500,000    
Stock Options          
Income Taxes [Abstract]          
Potentially dilutive shares (in shares) | shares 250,000 391,872      
Restricted Stock Awards          
Income Taxes [Abstract]          
Potentially dilutive shares (in shares) | shares 639,824 1,837,822      
Oil          
Revenue Recognition          
Revenue from contract with customer, excluding assessed tax $ 79,100,000 $ 44,300,000      
Natural Gas and NGL          
Revenue Recognition          
Revenue from contract with customer, excluding assessed tax $ 7,700,000 $ 4,500,000