SUBSEQUENT EVENTS	3 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 20 - SUBSEQUENT EVENTS On May 6, 2020, the Company terminated the Gathering Agreement in its entirety. Additionally, in connection with the termination of the Gathering Agreement, the Company declared force majeure and suspended deliveries of crude oil under the Firm Sales Contract between the Company and ARM, then subsequently terminated the Firm Sales Contract on or about May 8, 2020. On May 8, 2020, ARM, SCM Crude and Salt Creek filed a petition asserting claims against the Company with respect to its termination of certain midstream and marketing arrangements. See Note 19 - Commitments and Contingencies for more information concerning these matters. On June 5, 2020, Lilis Energy, Inc., the Guarantors, the Administrative Agent and certain lenders entered into the Forbearance Agreement. See Note 2 - Chapter 11 Filing, Liquidity and Going Concern for a description of the terms of the Forbearance Agreement and the related subsequent events concerning the indebtedness under the Revolving Credit Agreement. Pursuant to the RSA dated June 28, 2020, the Debtors filed voluntary petitions on that same date as debtors seeking relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court commencing the Chapter 11 Cases. The Debtors’ Chapter 11 proceedings are being jointly administered under the caption In re Lilis Energy, Inc., et al., Case No. 20-33274. See Note 2 - Chapter 11 Filing, Liquidity and Going Concern for a description of the terms of the RSA, the Chapter 11 Cases and the related subsequent events concerning the indebtedness under the revolving Credit Agreement and its derivative contracts and the impact of the Chapter 11 Cases on such indebtedness, certain derivative contracts and business and operations of the Company. To maintain and continue uninterrupted ordinary course operations during the bankruptcy proceedings, the Debtors filed a variety of “first day” motions seeking approval from the Bankruptcy Court for various forms of customary relief designed to minimize the effect of bankruptcy on the Debtors’ operations, customers and employees. On June 29, 2020, the Bankruptcy Court entered orders approving all requested “first day” relief. On June 30, 2020, the Company entered into the Initial DIP Credit Agreement among Lilis Energy, Inc., as borrower, the other Debtors, as guarantors, the Non-Affiliate RBL Lenders (also referred to as the Initial DIP Lenders), and the Administrative Agent. See Note 11 - Indebtedness for a description of the terms of the Initial DIP Credit Agreement and the Initial DIP Credit Facility. On June 29, 2020, the Company received notification from the NYSE American LLC (the “NYSE American”) that the staff of NYSE Regulation, Inc. (“NYSE Regulation”) had determined to commence proceedings to delist the Common Stock from the NYSE American. Trading of shares of the Company’s common stock on the NYSE American was suspended effective June 29, 2020. The Company’s common stock began to be quoted on the OTC Pink marketplace on June 30, 2020 under the symbol “LLEXQ”.

NOTE 20 - SUBSEQUENT EVENTS

On May 6, 2020, the Company terminated the Gathering Agreement in its entirety. Additionally, in connection with the termination of the Gathering Agreement, the Company declared force majeure and suspended deliveries of crude oil under the Firm Sales Contract between the Company and ARM, then subsequently terminated the Firm Sales Contract on or about May 8, 2020. On May 8, 2020, ARM, SCM Crude and Salt Creek filed a petition asserting claims against the Company with respect to its termination of certain midstream and marketing arrangements. See Note 19 - Commitments and Contingencies for more information concerning these matters.

On June 5, 2020, Lilis Energy, Inc., the Guarantors, the Administrative Agent and certain lenders entered into the Forbearance Agreement. See Note 2 - Chapter 11 Filing, Liquidity and Going Concern for a description of the terms of the Forbearance Agreement and the related subsequent events concerning the indebtedness under the Revolving Credit Agreement.

Pursuant to the RSA dated June 28, 2020, the Debtors filed voluntary petitions on that same date as debtors seeking relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court commencing the Chapter 11 Cases. The Debtors’ Chapter 11 proceedings are being jointly administered under the caption In re Lilis Energy, Inc., et al., Case No. 20-33274. See Note 2 - Chapter 11 Filing, Liquidity and Going Concern for a description of the terms of the RSA, the Chapter 11 Cases and the related subsequent events concerning the indebtedness under the revolving Credit Agreement and its derivative contracts and the impact of the Chapter 11 Cases on such indebtedness, certain derivative contracts and business and operations of the Company.

To maintain and continue uninterrupted ordinary course operations during the bankruptcy proceedings, the Debtors filed a variety of “first day” motions seeking approval from the Bankruptcy Court for various forms of customary relief designed to minimize the effect of bankruptcy on the Debtors’ operations, customers and employees. On June 29, 2020, the Bankruptcy Court entered orders approving all requested “first day” relief.

On June 30, 2020, the Company entered into the Initial DIP Credit Agreement among Lilis Energy, Inc., as borrower, the other Debtors, as guarantors, the Non-Affiliate RBL Lenders (also referred to as the Initial DIP Lenders), and the Administrative Agent. See Note 11 - Indebtedness for a description of the terms of the Initial DIP Credit Agreement and the Initial DIP Credit Facility.

On June 29, 2020, the Company received notification from the NYSE American LLC (the “NYSE American”) that the staff of NYSE Regulation, Inc. (“NYSE Regulation”) had determined to commence proceedings to delist the Common Stock from the NYSE American. Trading of shares of the Company’s common stock on the NYSE American was suspended effective June 29, 2020. The Company’s common stock began to be quoted on the OTC Pink marketplace on June 30, 2020 under the symbol “LLEXQ”.