Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables set forth financial assets and liabilities measured at fair value in the condensed balance sheets and the respective levels to which fair value measurements are classified within the fair value hierarchy as of March 31, 2022 and December 31, 2021:

	Fair Value as of March 31, 2022
	Level 1		Level 2		Level 3		Total
Financial assets:
Inventory	$	—	$	122,271,193	$	—	$	122,271,193
Commodity derivative instruments	$	—	$	(17,755,661)	$	—	$	(17,755,661)
Margin deposits (deficits)	$	9,471,104	$	—	$	—	$	9,471,104

	Fair Value as of December 31, 2021
	Level 1		Level 2		Level 3		Total
Financial assets:
Inventory	$	—	$	94,508,520	$	—	$	94,508,520
Commodity derivative instruments	$	—	$	(15,711,099)	$	—	$	(15,711,099)
Margin deposits	$	2,099,626	$	—	$	—	$	2,099,626