INCOME TAXES (Details) - USD ($)		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
INCOME TAXES [Abstract]
Decrease in deferred state income tax expense				$ 500,000
Income tax provision (benefit) [Abstract]
Current		$ (73,649)	$ 3,259,445	(8,386)
Deferred [Abstract]
Federal		(186,150,724)	87,625,430	29,826,000
State		(16,199,831)	8,482,125	1,950,000
Total Expense (Benefit)		(202,424,204)	99,367,000	31,767,614
Reconciliation of reported amount of income tax expense (benefit) [Abstract]
Income (Loss) Before Taxes and NOL		$ (1,177,778,745)	$ 263,112,945	$ 84,834,650
Federal Statutory Rate		35.00%	35.00%	35.00%
Taxes Computed at Federal Statutory Rates		$ (412,223,000)	$ 92,090,000	$ 29,692,000
State Taxes, Net of Federal Taxes		(23,825,000)	5,404,300	909,614
Non-Deductible Compensation		777,000	1,872,700	1,166,000
Other		586,796	0	0
Valuation Allowance		232,260,000	0	0
Total Expense (Benefit)		(202,424,204)	99,367,000	31,767,614
Deferred Tax Assets [Abstract]
Total Deferred Tax Asset		256,293,000	198,369,445
Deferred Tax Liabilities [Abstract]
Total Current		0	(43,938,000)
Total Non-Current		0	(158,412,555)
Total Deferred Tax Liabilities	[1]	(24,033,000)	(400,720,000)
Total Net Deferred Tax Assets Before Valuation Allowance		232,260,000
Total Net Deferred Tax Liabilities Before Valuation Allowance			(202,350,555)
Valuation Allowance		(232,260,000)	0	0
Total Net Deferred Tax Assets Liabilities		$ 0
Total Net Deferred Tax Assets Liabilities			(202,350,555)
Minimum amount of tax benefits likely realized upon settlement percentage		50.00%
Unrecognized tax benefits		$ 0
Unrecognized tax benefits, income tax penalties and interest expense		0	0	$ 0
Unrecognized tax benefits, interest and penalties accrued		0	0
Current [Member]
Deferred Tax Assets [Abstract]
Share Based Compensation		0	1,141,000
Accrued Interest		0	1,238,000
Accrued Expenses		0	986,000
Other		0	683,000
Total Current		0	4,048,000
Deferred Tax Liabilities [Abstract]
Derivative Instruments		0	(47,877,000)
Other		0	(110,000)
Total Current		0	(47,987,000)
Non-Current [Member]
Deferred Tax Assets [Abstract]
Net Operating Loss (NOLs) and Tax Credit Carryforwards		195,207,000	194,227,445
Share Based Compensation		1,762,000	0
Accrued Interest		1,723,000	0
Allowance for Doubtful Accounts		1,662,000	0
Crude Oil and Natural Gas Properties and Other Properties		55,939,000	0
Other		0	94,000
Total Non-Current		256,293,000	194,321,445
Deferred Tax Liabilities [Abstract]
Crude Oil and Natural Gas Properties and Other Property		0	(343,657,000)
Derivative Instruments		(23,855,000)	(9,076,000)
Other		(178,000)	0
Total Non-Current		$ (24,033,000)	$ (352,733,000)
Tax Year 2012 [Member]
Deferred Tax Liabilities [Abstract]
Open tax years		2012
Tax Year 2013 [Member]
Deferred Tax Liabilities [Abstract]
Open tax years		2013
Tax Year 2014 [Member]
Deferred Tax Liabilities [Abstract]
Open tax years		2014
Tax Year 2015 [Member]
Deferred Tax Liabilities [Abstract]
Open tax years		2015
Federal [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforward		$ 524,900,000
Alternative minimum tax credit		$ 3,200,000
Federal [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforward, expiration date		Dec. 31, 2027
Federal [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforward, expiration date		Dec. 31, 2035

[1] All deferred tax liabilities and assets as of December 31, 2015, are classified as noncurrent on the accompanying balance sheets upon the Company's adoption of ASU 2015-17 on a prospective basis. Prior year amounts have not been restated. Please refer to Note 2 "New Accounting Pronouncements" for additional disclosure.