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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES              
Net loss $ (28,914,588) $ (5,345,363) $ (999,392) $ (52,824,471) $ (54,625,438) $ (52,445,568) $ (52,282,223)
Adjustments to reconcile net loss to net cash provided by operating activities:              
Provision for deferred income taxes           1,475,648  
Depreciation and depletion expense 15,098,107   7,607,137   37,690,558 15,494,439  
Impairment of oil and natural gas properties 34,880,071   0   65,828,980 54,753,444  
Amortization of right-of-use assets         88,058    
Amortization of loan origination costs         783,961 208,276  
Equity loss in affiliate 80,896       80,896    
Unit-based compensation         5,692,926 2,143,047  
Loss on commodity derivative instruments, net of settlements         878,255 3,495,463  
Changes in operating assets and liabilities:              
Oil, natural gas and NGL receivables         5,270,397 (8,781,555)  
Accounts receivable and other current assets         (389,839) (190,093)  
Accounts payable         (399,679) 1,172,615  
Other current liabilities         3,198,198 1,266,354  
Operating lease liabilities         (117,312)    
Net cash provided by operating activities         63,979,961 18,592,070  
CASH FLOWS FROM INVESTING ACTIVITIES              
Purchase of property and equipment         (829,724) (396,480)  
Proceeds from sale of oil and natural gas properties           10,576,595  
Purchase of oil and natural gas properties         (1,192,432) (210,574,890)  
Deposits on oil and natural gas properties         (986,000)    
Investment in affiliate         (2,965,933)    
Net cash used in investing activities         (5,974,089) (200,394,775)  
CASH FLOWS FROM FINANCING ACTIVITIES              
Proceeds from the issuance of Series A preferred units, net of issuance costs           103,359,603  
Contributions from Class B unitholders         470,000 647,663  
Redemption of Class B contributions on converted units         (73,250)    
Issuance costs paid on Series A preferred units         (717,612)    
Distributions to unitholders         (51,157,094) (24,672,785)  
Distributions on Series A preferred units         (5,775,000) (705,834)  
Distributions to Class B unitholders         (71,042)    
Borrowings on long-term debt         3,951,933 124,336,547  
Repayments on long-term debt           (6,870,596)  
Payment of loan origination costs         (88,776) (3,389,421)  
Restricted units used for tax withholding         (21,036)    
Net cash (used in) provided by financing activities         (53,481,877) 192,705,177  
NET INCREASE IN CASH AND CASH EQUIVALENTS         4,523,995 10,902,472  
CASH AND CASH EQUIVALENTS, beginning of period   $ 15,773,987   $ 5,625,495 15,773,987 5,625,495 5,625,495
CASH AND CASH EQUIVALENTS, end of period $ 20,297,982   $ 16,527,967   20,297,982 16,527,967 $ 15,773,987
Supplemental cash flow information:              
Cash paid for interest         3,572,952 2,220,885  
Noncash investing and financing activities:              
Right-of-use assets obtained in exchange for operating lease liabilities         3,554,159    
Units issued in exchange for oil and natural gas properties         171,550,000 235,400,000  
Distribution to Series A preferred unitholders in accounts payable           981,837  
Non-cash deemed distribution to Series A preferred units         4,633,752 1,152,785  
Distribution to Class B unitholders in accounts payable           $ 12,953  
Redemption of Class B contributions on converted units in accounts payable         $ 200,000