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ACQUISITIONS - Crimson Acquisition (Details) - Oil and Gas Assets - Crimson Assets
12 Months Ended
Dec. 22, 2016
a
item
Dec. 31, 2016
USD ($)
$ / shares
Dec. 31, 2015
USD ($)
$ / shares
Acquisitions      
Acres, gross | a 15,514    
Acres, net | a 5,609    
Number of wells drilled and completed | item 32    
Ownership interest acquired by the option holder (as a percent) 50.00%    
Consideration:      
Cash   $ 2,559,852  
Total consideration   2,559,852  
Fair Value of Liabilities Assumed:      
Current liabilities   13,938  
Asset retirement obligations   337,468  
Total consideration plus liabilities assumed   2,911,258  
Fair Value of Assets Acquired:      
Current assets   20,907  
Proved crude oil and gas properties   899,591  
Unproved crude oil and gas properties   1,990,760  
Amount attributable to assets acquired   2,911,258  
Pro forma information      
Crude oil and natural gas revenues   595,074 $ 237,035
Net income (loss)   $ (4,437,877) $ (1,551,850)
Net income (loss) per common share basic (in dollars per share) | $ / shares   $ (0.20) $ (0.09)