CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) (USD $)	9 Months Ended					9 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013 Series A Preferred Stock [Member]	Sep. 30, 2013 Series B Preferred Stock [Member]	Sep. 30, 2013 Common Stock [Member]	Dec. 31, 2012 Common Stock [Member]	Sep. 30, 2013 Additional Paid-In Capital [Member]	Dec. 31, 2012 Additional Paid-In Capital [Member]	Sep. 30, 2013 Accumulated Deficit [Member]	Dec. 31, 2012 Accumulated Deficit [Member]
Stockholders' Equity	$ 199,942,750	$ 16,932,534	$ 5,000	$ 42,954	$ 24,735	$ 270,019,428	$ 180,439,530	$ (70,119,632)	$ (70,170,180)
Shares outstanding (in Shares)		150,000	5,114,633	42,954,252	24,734,653
Common shares issued for oil and natural gas properties	6,736,935					6,735,770
Stock-based compensation	7,162,617					7,162,148
Equity offering	95,977,763	38,552,993	5,000			95,961,178
Equity offering (in Shares)		500,000	5,114,633
Redemption of preferred stock	(17,697,007)	(21,620,459)				(17,697,007)
Redemption of preferred stock (in Shares)		(350,000)
Preferred Stock Dividends Paid and Accrued	(2,582,191)					(2,582,191)
Net income	$ 50,548							$ 50,548