ACQUISITIONS - Revenues and direct operating costs associated with the acquired properties (Details) - USD ($) |
12 Months Ended | ||
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Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
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| Business Acquisition [Line Items] | |||
| Revenues | $ 113,025,138 | $ 195,702,831 | $ 120,065,361 |
| Oil and natural gas production costs | 36,968,873 | 48,496,225 | 27,801,989 |
| Oil and natural gas production taxes | $ 5,228,090 | 9,130,379 | $ 5,631,093 |
| Acquired properties | |||
| Business Acquisition [Line Items] | |||
| Revenues | 105,102,038 | ||
| Oil and natural gas production costs | 17,037,228 | ||
| Oil and natural gas production taxes | 4,646,660 | ||
| Total direct costs (1) | 21,683,888 | ||
| Earnings from the Acquired properties | $ 83,418,150 | ||
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate direct operating costs incurred during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A tax assessed on oil and gas production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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