DERIVATIVES (Details 3) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Realized and unrealized gains and losses related to derivative instruments
Total realized and unrealized gains recorded	$ 127,500	$ 2,024,957	$ 732,500	$ 1,788,090
Commodity instruments
Realized and unrealized gains and losses related to derivative instruments
Realized gains on commodity instruments		969,528		1,255,948
Change in fair value		(1,062,071)		(865,358)
Warrant derivatives
Realized and unrealized gains and losses related to derivative instruments
Change in fair value	$ 127,500	$ 2,117,500	$ 732,500	$ 1,397,500